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

Search Results

Showing 1281 - 1290 of 4242 results for "Job"

Merger costs may impact short-term returns: ASI

KANIKA SOOD  |  WEDNESDAY, 4 SEP 2019
... Tasplan and RBF merger, where we were two $4 billion funds, notwithstanding that we had a transition manager who did a fantastic job, nonetheless on Australian and global equities, we had a probable cost in terms of being out of the market and transacting ...

YBR to remediate wealth clients

KARREN VERGARA  |  FRIDAY, 30 AUG 2019
... wealth management and lending businesses. In May, chair Mark Bouris announced the wealth business restructure will result in job cuts; Frank Ganis stepped down as group chief executive to a part-time role. In 2018, the wealth division's products ...

Chief economist update: The fear of Brexit

BENJAMIN ONG  |  THURSDAY, 29 AUG 2019
"Pompa mortis magis terret quam mors ipsa." Translated into the quotee Francis Bacon's - English philosopher, statesman and essayist - mother tongue, "The pomp of death alarms us more than death itself." Yes Virginia, you know where I'm going ...

Climate policy more than divesting: UniSuper

HARRISON WORLEY  |  TUESDAY, 27 AUG 2019
... or 20 years, this will play out in 100.' Well, sorry, that doesn't wash," he said. "I agree with all the literature, but my job is to convert it to an investment thesis and the best minds in the world are struggling with this." Fidelity International ...

Super debate too one dimensional: Rice Warner

HARRISON WORLEY  |  MONDAY, 26 AUG 2019
... research showing that half of people aged 67 do not receive the Age Pension, arguing this showed superannuation is doing its job," Rice Warner said. "While the conclusion is correct, many of those not receiving a pension are still earning income, so ...

Chief economist update: Jerome is in the Hole

BENJAMIN ONG  |  FRIDAY, 23 AUG 2019
... at this meeting, judging that the real economy continued to be in a good place, bolstered by confident consumers, a strong job market, and a low rate of unemployment. These participants acknowledged that there were lingering risks and uncertainties about ...

Chief economist update: Will Australia avoid another global recession?

BENJAMIN ONG  |  FRIDAY, 16 AUG 2019
A recession is coming! Worries over a global recession are everywhere! Financial market investors are seeking safety - exiting equity markets and queuing to purchase longer-term bonds (despite their low, and in some, negative yields); the US dollar ...

ASIC to crack down on platform fees

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 AUG 2019
... part of an ASIC questionnaire regarding managed discretionary accounts (MDAs). Bignill said: "I think ASIC is doing a good job with working through the limits of MDAs and trying to improve the governance." He added: "There were people viewing MDAs as ...

Chief economist update: Race to the bottom redux

BENJAMIN ONG  |  THURSDAY, 8 AUG 2019
It's a hat trick! Three central bank meetings, all three cut interest rates, all three policy decisions a surprise. The Reserve Bank of New Zealand (RBNZ) cut the official cash rate by 50 bps to a new record low of 1% at its August meeting. This ...

CBA remediation bill drags performance

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
... FY19, about 459 more than the prior year. CBA recently faced mounting pressure to come clean as to the extent of its planned job cuts across its branches and technology division, alleged to affect 10,000 employees. Wealth management, which is made up ...