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Showing 1281 - 1290 of 3268 results for "January 29"

Primary digs heels on Aurora fund

KANIKA SOOD  |  FRIDAY, 18 JAN 2019
Primary Securities is sticking to its attempt to take over as responsible entity of the Aurora Absolute Return Fund. This is despite Aurora's refusal to acknowledge the validity of Tuesday's vote. On Tuesday at a meeting held in Canberra, unitholders ...

Chief economist update: Australian property market slump

BENJAMIN ONG  |  FRIDAY, 18 JAN 2019
Be afraid, be very afraid! With headlines like these, not only those who have their fingers in the Australian property pie should be scared, us, Australians all, should be. "Australia's housing price drop expected to be the worst in the world" - ...

Investors rage coup against Aurora

KANIKA SOOD  |  THURSDAY, 17 JAN 2019
Investors in the troubled Aurora Absolute Return Fund have voted to boot Aurora Funds Management as the responsible entity. However, Aurora contests the validity of this vote. The challenger is Primary Securities, backed by some investors of the fund ...

Xinja funds platform for growth

OSKAH DUNNIN  |  WEDNESDAY, 16 JAN 2019
Neobank Xinja has successfully funded its second campaign on the Equitise crowdfunding platform, raising more than $500,000 in nine hours. Equitise co-founder Jonny Wilkinson believes the neobank market is set to disrupt the established banking industry ...

ASIC suspends online broker AFSL

KARREN VERGARA  |  TUESDAY, 15 JAN 2019
ASIC has suspended the AFSL of an online stockbroking firm until 10 January 2020. Halifax Investment Services had its licence suspended shortly after it went into voluntary administration. ASIC said the terms of the suspension will allow Halifax clients ...

Chief economist update: The curse of Japan's consumption tax hike

BENJAMIN ONG  |  TUESDAY, 15 JAN 2019
About this time last year, financial markets were awash with speculation the Bank of Japan (BOJ) would follow the Fed's lead and start implementing a monetary policy exit strategy. Speculations started to gain prominence as early as January 2018 ...

Sunsuper expands advice business

OSKAH DUNNIN  |  TUESDAY, 15 JAN 2019
Sunsuper is onboarding two new team members as part of its strategy to remain a serious player in retail financial advice and to expand this service across Australia. Joining the $58 billion superannuation fund in its retail advice arm are two new business ...

ClearView director dismissed of charges

KANIKA SOOD  |  MONDAY, 14 JAN 2019
Criminal charges laid against ClearView Wealth non-executive director David Brown by Papua New Guinea police in August were dismissed in court on Friday. Brown is the chief investment officer for PNG's National Superannuation Fund (NASFUND). On 30 July ...

California mandates gender board diversity

KARREN VERGARA  |  FRIDAY, 11 JAN 2019
California has become the first state in the US to legislate gender board diversity for publicly listed companies. From 1 January 2019 public companies headquartered in California must have at least one woman on the board of directors by year end or ...

Fed's pause becomes the ECB's problem

BENJAMIN ONG  |  FRIDAY, 11 JAN 2019
"Patient and flexible". These are the two words the US Federal Reserve has us mulling over with regards to the conduct of its monetary policy over the course of 2019. How patient and flexible? The CME FedWatch Tool puts the probability of the fed funds ...