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

Search Results

Showing 1361 - 1370 of 3550 results for "October 2002"

Chief economist update: Wrong way, go down

BENJAMIN ONG  |  THURSDAY, 28 FEB 2019
The A$/US$ exchange rate is, according to my Bloomberg screen, currently trading at US$0.7141, up 0.04% from the previous trading day and up 1.3% this year to date. In turn, Bloomberg's US dollar spot index has risen 0.14% overnight and is just ...

Chief economist update: The RBI surprises (again)

BENJAMIN ONG  |  MONDAY, 25 FEB 2019
The Reserve Bank of India is full of surprises. When financial markets expected it to raise interest rates, it didn't. When everyone expected interest rates to remain steady, it cut. Recall that back in October 2018, the RBI surprised markets by ...

Group insurance reforms to be tabled

JAMIE WILLIAMSON  |  WEDNESDAY, 20 FEB 2019
Legislative reforms that will see group life insurance offered to under-25 year olds and those with low account balances on an opt-in basis will be tabled in Parliament today. The Treasury Laws Amendment (Putting Members' Interests First) Bill 2019 ...

Class appoints chief executive

KARREN VERGARA  |  MONDAY, 18 FEB 2019
Class appointed a new chief executive to replace Kevin Bungard. Andrew Russell will join the SMSF administration and accounting software provider as managing director and chief executive in early May 2019. He was most recently executive general manager ...

Aussies find $860m in lost super

HARRISON WORLEY  |  FRIDAY, 8 FEB 2019
More than $850 million of lost superannuation was found and consolidated towards the end of 2018. Releasing new data this week, the Australian Taxation Office (ATO) said more than 66,000 Australians found and consolidated some of their retirement savings ...

Chief economist update: Euro contagion redux?

BENJAMIN ONG  |  FRIDAY, 8 FEB 2019
"Growth rates for many of the euro area economies have been marked up, especially for Germany, Italy, and the Netherlands, reflecting the stronger momentum in domestic demand and higher external demand. Growth in Spain, which has been well above potential ...

Chief economist update: RBA still in denial

BENJAMIN ONG  |  WEDNESDAY, 6 FEB 2019
Say what? "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. Taking account of ...

Outflows dent IOOF advice, funds businesses

KARREN VERGARA  |  MONDAY, 4 FEB 2019
IOOF recorded net outflows of $481 million in its financial advice and funds management businesses during the final quarter of 2018. The advice business suffered $295 million of net outflows despite completing the transition of 661 former ANZ-aligned ...

Ironbark dumps investment manager

JAMIE WILLIAMSON  |  FRIDAY, 25 JAN 2019
Ironbark Asset Management is replacing the underlying investment manager of one of its funds, saying its strategy is unlikely to benefit investors over the long term. Ironbark is dropping K2 Advisors as manager of its Global Diversified Alternatives ...

ASIC bans former NAB, CBA advisers

JAMIE WILLIAMSON  |  THURSDAY, 24 JAN 2019
The corporate regulator permanently banned a former NAB financial adviser, while a former Commonwealth Bank and Synchron adviser was handed a five-year ban. Tai Thanh Nguyen of Adelaide was permanently banned by ASIC for dishonest conduct while licensed ...