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Showing 1331 - 1340 of 2467 results for "Progress"

RBA names new chief information officer

ALEX BURKE  |  FRIDAY, 27 APR 2018
... Governor Philip Lowe said: "The low level of interest rates is continuing to support the Australian economy. Further progress in reducing unemployment and having inflation return to target is expected, although this progress is likely to be gradual." ...

Royal Commission grills professional associations

KARREN VERGARA  |  THURSDAY, 26 APR 2018
... on 3 July 2017, but eventually renewed his membership. He is currently a member today, De Gori confirmed. De Gori said progress has stalled because investigations officer Mark Murphy left before Christmas 2017, and the matter is now before the Conduct ...

Chief economist update: Inflation remains in the slow lane

BENJAMIN ONG  |  THURSDAY, 26 APR 2018
... the improvement in the economy." The third and fourth points answer our question: "The third point is that the further progress in lowering unemployment and having inflation return to the midpoint of the target zone is expected to be only gradual" - ...

Future Fund continues progress yet challenges lay ahead

HARRISON WORLEY  |  TUESDAY, 24 APR 2018
Australia's sovereign wealth fund has continued to exceed benchmark return targets, with the fund now standing at $141 billion. Chair of the Future Fund Board of Guardians, Peter Costello, was pleased with performance of the fund, but mentioned that ...

IOOF updates market on ANZ wealth sale

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... it will divest OnePath's pension and investments and four aligned dealer groups to IOOF for $975 million. IOOF's last progress update was in February 2018. At the time, managing director Christopher Kelaher said the purchase will position IOOF as the ...

Powerwrap gears up for IPO

JAMIE WILLIAMSON  |  FRIDAY, 20 APR 2018
Powerwrap has confirmed it recently completed a pre-IPO capital raise to the tune of $7.5 million. Speaking to Financial Standard, Powerwrap chief executive Will Davidson said the platform sought the backing of existing institutional investors to raise ...

Wealth management products make big leaps in digital sales readiness

KANIKA SOOD  |  THURSDAY, 19 APR 2018
... capabilities stood at 47%. By contrast, 60% of Australian wealth products could be applied to from a mobile device. "The progress in personal products are starting to spill over into wealth management," the report commented. Business banking remained ...

Industry welcomes final Better Banking report

HARRISON WORLEY  |  WEDNESDAY, 18 APR 2018
The final report of a two year reform program has outlined the progress made by Australia's banks in implementing the Better Banking Reforms Program. Handing down the report, independent governance expert Ian McPhee said commitment to the package of ...

SG non-compliance declining: ATO

KARREN VERGARA  |  FRIDAY, 13 APR 2018
Most employers and super funds are complying with superannuation guarantee (SG) obligations, but latest ATO data shows there are still some breaching SuperStream standards. Over 2016-17, SuperStream processed 135 million contributions - about five million ...

Chief economist update: RBA certain to raise interest rates

BENJAMIN ONG  |  THURSDAY, 12 APR 2018
... governor underscored four themes underpinning the Australian central bank's perspective on the domestic economy's cyclical progress: "The first is the strong growth in employment." "The second theme is a pick-up in non-mining business investment." "The ...