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| | | AMP suffered a 97% profit drop in 2018 and it's flagging a reshaped financial advice network into 2019. AMP recorded statutory net profit of $28 million last year, but the result is worth 3% of its 2017 full-year profit of $848 million. Discussing ... |
| | | | ... forward, we do expect the tougher financial environment to take its toll on the volume of new home building over the next few years. Larger apartment projects will probably see the biggest reduction," Garrett said. This week we ask if Commission Kenneth ... |
| | | | ... common benefits of standards and conventions coming into force. "While good progress has been made in some areas over the past few years, inefficient processes are still far too common," Brown said. "We are also seeing new requirements, particularly ... |
| | | | ... at the moment, so before you spend too much time re-organising your sock drawer and kitchen cupboards this summer, take a few minutes to tidy up your superannuation," Whyte said. "Seeing the extra money in your consolidated superannuation will definitely ... |
| | | | ... more likely than the next-move-is-down scenarios. Today, the probabilities appear to be more evenly balanced." Over the past few weeks, Financial Standard had already published the whys and wherefores for this call here and here ; and so we wouldn't ... |
| | | | ... "Given the limited nature of the advice that may be paid for from a superannuation account, it might be thought that there are few circumstances in which paying fees for ongoing advice of that kind would be in the best interests of a member," he said. ... |
| | | | ... doubtful debts, which will also impact the banks' profitability, he said. It's reasonable to expect that the next few years for the banks will be challenging, Arnold said, adding that this correction was only inevitable given the loose lending ... |
| | | | ... stats indicating that the Australian central bank would be forced into a counter-offensive had been growing over the past few months. The latest instalment being the NAB Business survey that showed while business confidence remained unchanged at a reading ... |
| | | | ... Challenger's multi-boutique arm Fidante Partners in February 2017, to leverage off its distribution and operation support. A few months later, in September, it made its fund accessible to retail investors. "We would be approached by endowment funds ... |
| | | | Over the past 20 years, Australians have increasingly paid more for their meat at Australia Day barbecues. They're also more conscious about drinking alcohol to excess and should eat fruit salad. The Australian Bureau of Statistics (ABS) said sausages ... |
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