Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1241 - 1250 of 3876 results for "August"

IFM to spend $25bn on Aussie infrastructure

KANIKA SOOD  |  FRIDAY, 22 NOV 2019
... Botany, Kembla). "The new investment aligns with a recent exhortation from Australian Treasurer Josh Frydenberg, who in August called for such measures in preference to share buybacks and special dividends," IFM said. The $2.5 billion average spend is ...

Fossil fuel exposures climb at UniSuper

KANIKA SOOD  |  THURSDAY, 21 NOV 2019
... addition to portfolio) and the exclusion of Rio Tinto and Wesfarmers following divestment of their fossil fuel divisions." In August, UniSuper chief investment officer John Pearce said simply divesting certain holdings is not an effective strategy, at ...

NAB faces half a billion in fines

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2019
... 295 breaches of the Consumer Credit Protection Act alleged by ASIC. ASIC launched legal action against the bank back in August this year alleging it broke credit laws in relation to 297 loans written after referrals from unlicensed introducers. ASIC ...

Chief economist update: Santa Claus is coming to town

BENJAMIN ONG  |  MONDAY, 11 NOV 2019
... "new client wins supported a mild expansion in new business, extending the current upturn in new work which commenced in August 2016" and "inflows of new orders from overseas markets also rose". To this I'll add the recent depreciation of the yen ...

September FASEA exam results in

ELIZABETH MCARTHUR  |  FRIDAY, 8 NOV 2019
... and 190 advisers have already signed up. The deadline for all financial advisers to pass the FASEA exam was extended in August to 1 January 2022. Advisers that have to meet FASEA's qualification requirements have until 1 January 2026.

Global ETF industry hits record high

ELIZA BAVIN  |  FRIDAY, 8 NOV 2019
... investors, assets in US passive managed funds and index ETFs topped those in US actively managed funds for the first time in August. BetaShares chief executive Alex Vynokur said: "What is particularly striking in the data is the continued investor preference ...

Chief economist update: Brexit la la la

BENJAMIN ONG  |  FRIDAY, 8 NOV 2019
... serves me right, Carney warned about the increased likelihood that the UK would leave the EU without a deal sometime around August this year. The Bank of England's (BOE) monetary policy statement published after the monetary policy committee meeting ...

Macquarie executive joins industry fund

JAMIE WILLIAMSON  |  THURSDAY, 7 NOV 2019
... Carolyn Tait to the lead member experience role, effective this week. The appointment follows the departure of Beth Parkin in August after four months in the role. Tait was most recently head of marketing, wealth at Macquarie Group. Prior to that she ...

Former Prime Minister joins global investment firm

ELIZA BAVIN  |  THURSDAY, 7 NOV 2019
Julia Gillard has been appointed to the global leadership council of LeapFrog Investments to provide strategic insight and global networks. Together with Singtel chair Simon Israel and chief executive of Ayala Corporation Jamie Augusto Zobel, Gillard ...

Chief economist update: The yen to dictate if BOJ turns words into action

BENJAMIN ONG  |  THURSDAY, 7 NOV 2019
... rate cuts. But instead of depreciating against the yen, the US dollar had been appreciating against the yen since late August. The same could be said of the euro, despite the European Central Bank's (ECB) September "action" to lower the interest ...