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Showing 1301 - 1310 of 3876 results for "August"

Chief economist update: The budget surplus can wait

BENJAMIN ONG  |  FRIDAY, 30 AUG 2019
... through on Financial Standard 's piece delivered a day before " What price Australian budget surplus ? published on August 27. The Australian Bureau of Statistics' (ABS) latest private new capital expenditure and expected expenditure report justifies ...

CFS slashes trail commissions on some funds

KANIKA SOOD  |  THURSDAY, 29 AUG 2019
... managed investment funds, where they represent less than 5% of the total funds under management. The changes came into effect August 1. The financial advice industry is inching towards a complete phase out of grandfathered commissions, backed by the ...

Pension fund to buy British Steel

KANIKA SOOD  |  TUESDAY, 27 AUG 2019
... four months after it was forced into liquidation. British Steel granted Ataer Holdings A.S. detailed due diligence in mid-August ahead of a full sale. Ataer is the investment vehicle of Turkey's pension fund OYAK, which has US$19.3 billion in assets ...

MLC Wealth hunts new talent

JAMIE WILLIAMSON  |  TUESDAY, 27 AUG 2019
... confirm the appointments as soon as possible as the restructure is implemented in the coming months. MLC Wealth announced on August 15 it would be bringing together all of its employed advisers under the MLC Advice brand and consolidating its aligned ...

LIC announces board changes

KARREN VERGARA  |  TUESDAY, 27 AUG 2019
... the nominations and corporate governance committee. Eamonn Roles replaces McBain as non-executive director effective 30 August 2019. Roles was most recently chief operating officer of Mosaic Portfolio Advisers for over nine years. He was previously group ...

Chief economist update: What price Australian budget surplus?

BENJAMIN ONG  |  TUESDAY, 27 AUG 2019
... Philip Lowe backs up Financial Standard 's earlier prescriptions. As printed in the Australian Financial Review on August 27: "He told a parliamentary committee on August 9 that smaller scale and regional infrastructure present opportunities including ...

Board addition strengthens strategic relationship

ELIZABETH MCARTHUR  |  MONDAY, 26 AUG 2019
... control interest in the company does not exceed 20% per the Financial Sectors (Shareholding) Act 1998, according to an August 14 notice signed by the Federal Treasurer Josh Frydenberg.

Boutique launches new fund

KARREN VERGARA  |  MONDAY, 26 AUG 2019
... an alternative to low-yielding cash and term deposits. Prime Value's Diversified High Yield Fund, which launched on August 1, aims to provide investors with a return of 4% per annum above the RBA official cash rate. The fund typically allocates to ...

Chief economist update: Trump should read Frank

BENJAMIN ONG  |  MONDAY, 26 AUG 2019
... Fed's recent mantra that it "will act as appropriate to sustain the expansion"? Nah, not according to Trump's tweet on August 23 where @realDonaldTrump joked (or really believed it?): "The Dow is down 573 points perhaps on the news that Representative ...

Chief economist update: Wheels of US recession in motion

BENJAMIN ONG  |  THURSDAY, 22 AUG 2019
... out". All eyes and ears are on US Federal Reserve chair Jerome Powell's messaging at the Jackson Hole symposium on August 23. Will he? won't he? bend to Trump's recent demand to cut the fed funds rate "by at least 100 basis points, with perhaps ...