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Showing 1371 - 1380 of 4381 results for "Commonwealth"

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 15 SEP 2016
... to impact confidence: two interest rate cuts from the Reserve Bank and associated reductions in mortgage rates; a Commonwealth Budget; a Federal election; and some major developments offshore such as the surprise UK referendum result ('Brexit') and the ...

CBA pays $180,000 in penalties

ALEX BURKE  |  WEDNESDAY, 14 SEP 2016
Commonwealth Bank will pay $180,000 in penalties and write off $2.5 million in loan balances, following an internal review. The penalties will be paid following breaches of responsible lending laws in relation to overdraft facilities; CBA reported these ...

Rethinking risk through goals-based investing

ALEX BURKE  |  TUESDAY, 13 SEP 2016
... meeting between a prospective client and a financial planner. Perkovic, who will soon become executive general manager, Commonwealth Private, says that meeting "is nothing like a normal conversation with a human being. It's abstract, we wouldn't talk ...

CSC and Infratil make another co-investment

DARREN SNYDER  |  MONDAY, 12 SEP 2016
The Commonwealth Superannuation Corporation and Infratil have been given the green light to progress an acquisition of Canberra Data Centres - a provider of outsourced data centre services. New Zealand-based Infratil said it recently received Foreign ...

Flat Australian dividends help case for global diversification

MARK SMITH  |  MONDAY, 22 AUG 2016
... dividends. Dividends in Australia fell 0.2% on an underlying basis in the three months to end of June. The largest payer, Commonwealth Bank, held its payout steady, while retailer Woolworths made a steep cut. The performance of the Australian market ...

Local hedge funds fighting for insto attention

ALEX BURKE  |  MONDAY, 22 AUG 2016
... Spectrum Strategic Income Fund Best Global Macro/Futures Fund: Man AHL Evolution Programme ISAM Systematic Trend Fund Commonwealth/Colonial First State Group - Aspect Diversified Futures-Class A Best Long Short Equity Fund: The Paragon Fund The Macquarie ...

CBA EGM becomes customer advocate chief

DARREN SNYDER  |  MONDAY, 15 AUG 2016
Commonwealth Bank executive general manager customer advocacy and remediation, Dr Brendan French, will head the bank's customer advocate arm. CBA said the role and customer advocacy function will strengthen the firm's accountability for fair customer ...

ASIC bans jailed former advice director

JAMIE WILLIAMSON  |  MONDAY, 15 AUG 2016
... broking company after being found guilty of seven counts of dishonestly obtaining a financial advantage from the Commonwealth by deception. In April Timothy Charles Pratten was sentenced to five years jail with a two-year non-parole period after the ...

Pension changes will impact retirement adequacy

KERRIE SYDEE  |  FRIDAY, 12 AUG 2016
... their partial pension. "If people are losing the Age Pension, the changes allow them to automatically qualify for a Commonwealth seniors health card, which gives them access to the pharmaceutical benefits scheme but that card for example doesn't give ...

Magellan full year profits up 14%

MARK SMITH  |  THURSDAY, 11 AUG 2016
... strong support from our new arrangements with BT/Westpac and AMP, in addition to our long standing relationship with Commonwealth Bank, and the support we have seen for the ASX quoted versions of our Global Equities strategy," Magellan chief executive ...