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Showing 1271 - 1280 of 3031 results for "EIG"

NAB farewells two directors

ALEX BURKE  |  MONDAY, 19 DEC 2016
Two directors who served on NAB's board since 2004 retired on Friday. Daniel Gilbert and Jillian Segal retired following the bank's annual general meeting; NAB chair Ken Henry thanked them for their "outstanding service" over the past 12 years. Gilbert ...

ANZ and Macquarie fined for cartel conduct

DARREN SNYDER  |  THURSDAY, 15 DEC 2016
The Federal Court granted ANZ and Macquarie's wishes to pay fines totaling $15 million for attempted cartel conduct in 2011. As suggested to the court, ANZ will pay $9 million - admitting it engaged in 10 instances of attempted cartel conduct in contravention ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 14 DEC 2016
Australia business confidence "While outcomes in the survey are not pointing to a severe slowdown in economic activity, the results have softened enough to suggest that growth remains sub-trend." (Alan Oster) This is a fair assessment from NAB's group ...

N1 hires eight for new subsidiary

ALEX BURKE  |  MONDAY, 12 DEC 2016
Wealth management and mortgage broking firm N1 Holdings expanded its distribution footprint with eight new hires after acquiring 23 Sydney rental properties. The new distribution, sales and marketing team have joined N1 from property sales and project ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 9 DEC 2016
Australia trade balance It makes a nice sequel to the horror 0.5% contraction in Australia's third quarter GDP growth, a widening of the country's trade deficit, that is. Australia's trade deficit rose by 21.3% to A$1.54 billion in October from A$1.27 ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 8 DEC 2016
US JOLTS report The Job Openings and Labor Turnover Survey (JOLTS) showed that job openings in America fell by 97K to 5.53 million in October (in line with expectations) from 5.63 million in the previous month (upwardly revised from 5.49 million), taking ...

Management changes at Charter Hall

KERRIE SYDEE  |  WEDNESDAY, 7 DEC 2016
Charter Hall Group announced two management changes including the departure of a key employee. After five years with the Group chief financial officer Paul Altschwager is leaving to pursue other opportunities in 2017. The group also revealed that the ...

Private equity firm secures Telstra site for student housing

ALEX BURKE  |  WEDNESDAY, 7 DEC 2016
Student accommodation continues to be an attractive asset class in Australia following the most recent purchase from a global private equity fund manager. Gaw Capital purchased the Telstra Building in Perth's CBD through one of its several funds under ...

Former Westpac planner banned

JAMIE WILLIAMSON  |  TUESDAY, 29 NOV 2016
ASIC has banned a former Westpac financial planner after he was found to have applied a 'one size fits all' advice model. Anthony Bishop of Chelmer, Queensland has been banned from providing financial services for eight years. He provided inappropriate ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 29 NOV 2016
US Dallas Fed manufacturing survey Consistent with the significant improvement in recent surveys in the US regions of Philadelphia, Richmond, Kansas City and New York, the Dallas Fed general business activity index surged to a reading of 10.2 in November ...