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Showing 1251 - 1260 of 3553 results for "October 2013"

Chief economist update: Synchronised forecasts for a synchronised slowdown

BENJAMIN ONG  |  WEDNESDAY, 9 OCT 2019
"Just when you thought it was safe to go back in the water..." - Jaws The history of the US-China trade negotiations has followed a pattern ever since it began in 2018 - rhetoric from both sides building hopes for a deal only to be followed by escalating ...

Corporate, industry fund merge

JAMIE WILLIAMSON  |  FRIDAY, 4 OCT 2019
A 47-year-old corporate superannuation fund has merged with a $16 billion industry fund. The Dow Australia Superannuation Fund (DowASF), home to just under 400 members, has merged with Equipsuper. Established in 1972, DowASF is the corporate plan of ...

Equity Trustees wins Colonial mandate

KANIKA SOOD  |  FRIDAY, 4 OCT 2019
Equity Trustees has cracked $100 billion in funds under supervision, after striking an agreement with Colonial Mutual Life Assurance Society effective October 1. Equity Trustees Limited is taking over as the trustee of $10.5 billion of CMLA's assets. ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  FRIDAY, 4 OCT 2019
"Bad news is good news." That phrase, born of the Great Recession of 2008, has become a staple and go to rationale each time equity markets jump on bad news. Bad news! Wall Street dropped - Dow down by 1.9%, S&P 500 down by 1.8%, Nasdaq down by 1.6% ...

CommInsure charged over hawking

HARRISON WORLEY  |  FRIDAY, 4 OCT 2019
CommInsure has been charged with 87 counts of making unsolicited telephone calls to sell life insurance, and faces up to $1.8 million in penalties. ASIC is alleging the Commonwealth Bank subsidiary unlawfully sold life insurance policies over the phone ...

Chief economist update: US recession on the cards

BENJAMIN ONG  |  THURSDAY, 3 OCT 2019
"Yesterday, all my troubles seemed so far away Now it looks as though they're here to stay..." - The Beatles Well, two yesterdays ago to be precise. This was on October 1 when the Reserve Bank of Australia (RBA) cut interest rates for a third time ...

Chief economist update: Zero here we go

BENJAMIN ONG  |  WEDNESDAY, 2 OCT 2019
... 2019, the RBA announced its third interest rate reduction in five months - 25 basis points each in June and July and October - taking the official cash rate to another record low of 0.75%. Financial Standard had been arguing for an RBA rate cut since ...

ASIC casts doubt over Dollarmites

ELIZABETH MCARTHUR  |  TUESDAY, 1 OCT 2019
The Commonwealth Bank's lucrative but controversial Dollarmites program could get the axe, with ASIC seeking the public's view of school banking programs as part of its ongoing review of their use and impact in primary schools. School banking programs ...

Chief economist update: The greatest central banker of modern times

BENJAMIN ONG  |  TUESDAY, 1 OCT 2019
"Patience is a virtue." We've heard, read and seen this quote many, many times. This is a quote that's so easy to say but difficult to apply - more so if you're the head of one of the world's biggest central banks, presiding over a fast ...

Industry embraces Mental Health Month

ELIZABETH MCARTHUR  |  TUESDAY, 1 OCT 2019
October is mental health month and the financial services industry is embracing it as a chance to boost the mental wellness of employees through a number of initiatives. SuperFriend has several initiatives planned for the month, including releasing ...