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Showing 1371 - 1380 of 5396 results for "Federal"

Chief economist update: It's a holiday for the Fed

BENJAMIN ONG  |  FRIDAY, 31 JAN 2020
... settings unchanged at the conclusion of its January FOMC meeting. "The Committee decided to maintain the target range for the federal funds rate at 1-1/2 to 1-3/4 percent," it said. And that should be enough for the duration of 2020. "The Committee judges ...

Uncertainty remains for global outlook: TCorp

ELIZA BAVIN  |  THURSDAY, 30 JAN 2020
... expects them to evolve. Out of the nine key issues, four are from the US including US jobs growth, US earnings growth, US Federal Reserve easing monetary policy and the US/China Phase 2 Trade Deal. TCorp chief economist, Brian Redican, said while general ...

Former Wells Fargo chief banned for life

ALLY SELBY  |  FRIDAY, 24 JAN 2020
... as former chief risk officer Michael Loughlin for their roles in the sales misconduct. The civil charges brought by the federal agency allege that the bank's executives "failed to adequately perform their duties and responsibilities, which contributed ...

Aussie stocks burnt in blaze

ALLY SELBY  |  THURSDAY, 23 JAN 2020
... predicting a 10-20% drop in tourism revenue for 2020. However, UBS suggests the bushfire crisis is unlikely to impact the Federal Government's Budget, arguing that with an approximate cost of $500mn for 2019 and 2020 "against an expected budget surplus ...

Class action accuses NAB of super rip-off

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JAN 2020
... super were not losing money on higher fees and unnecessary or unused services." MLC Nominees and NULIS are also facing a Federal Court action from ASIC alleging the trustees misled MasterKey super members. ASIC is alleging that NULIS and MLC deducted ...

Chief economist update: More from Morrison

BENJAMIN ONG  |  TUESDAY, 21 JAN 2020
... cent," it reads. The piece continues: "Building on the disaster recovery grants put in place by state governments, the federal government will also provide top-up grants to eligible small businesses and non-profit organisations." "This program is uncapped ...

Mayfair fights for use of word

ELIZA BAVIN  |  MONDAY, 20 JAN 2020
... quality of service which Mayfair Platinum's investors receive." Mayfair Platinum filed its defense and cross-claim in the Federal Court on 17 January 2020, stating Platinum Asset Management should never have been allowed to trademark the word in the ...

Fraudster dyed hair, grew beard to evade regulator

ELIZABETH MCARTHUR  |  MONDAY, 20 JAN 2020
... from investors' pockets." Manor is charged with violating the antifraud and securities registration provisions of the federal securities laws and seeks disgorgement of ill-gotten gains plus interest, penalties, and injunctive relief.

Chief economist update: Bushfires singe growth, surplus predictions

BENJAMIN ONG  |  WEDNESDAY, 15 JAN 2020
... the budget surplus long before the bushfire catastrophe. It's pitiful and a shame that Prime Minister Morrison and Federal Treasurer Frydenberg were forced to capitulate only at a great cost to Australian lives and property. This highlights the criticism ...

NAB revamps superannuation trustee board

KANIKA SOOD  |  TUESDAY, 14 JAN 2020
... added a former Vanguard Australia director and three other non-executive directors to its board, as ASIC chases it in Federal Court. NULIS, which oversees NAB's superannuation funds with $75 billion in assets under management, in December added Steve ...