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Showing 1411 - 1420 of 7382 results for "Consumer"

Deborah Ralston joins Household Capital

JAMIE WILLIAMSON  |  THURSDAY, 13 MAY 2021
Household Capital has appointed the retirement expert to chair its advisory board. Effective this month, Deborah Ralston will lead the retirement funding provider's advisory board, replacing Jack Diamond. Sitting alongside her on the board is Peter ...

Chief economist update: Inflation scare

BENJAMIN ONG  |  THURSDAY, 13 MAY 2021
Wall Street's down! All four US benchmark equity indices dropped overnight - the Dow by 1.99; the S&P 500 by 2.1%; the Nasdaq composite by 2.7%; and the Russell 2000 by 3.3%. The yield on 10-year US bonds increased to 1.70% from 1.62% the day before. ...

Nuveen hires director from AXA

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
... housing sector with strong structural tailwinds supporting increased demand for housing, whilst technology and changing consumer preferences spark innovation in how that demand can be fulfilled by the sector," Mitchell said. "I am delighted to welcome ...

CBA adds $32m to advice remediation bill

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
The Commonwealth Bank has upped its indemnity bill to $252 million for dodgy financial advisers who were part of its former subsidiary Count Financial. CBA sold off Count Financial to CountPlus in mid-2019. At the time, CBA provided $200 million in ...

Chief economist update: Frydenberg spends big

BENJAMIN ONG  |  WEDNESDAY, 12 MAY 2021
"Australia's economic recovery is now well underway and we must keep the momentum going... but, this pandemic is not over. For as long as the virus persists, so will we. So tonight, we go further." This is according to federal treasurer Josh Frydenberg ...

Retirees freed from legacy products

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
Individuals locked into legacy retirement products will now have the chance to transfer into newer, more flexible products without penalty under a new measure. The government is introducing a two-year amnesty for individuals in market-linked, life-expectancy ...

Key Treasury initiatives outlined

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
Buried deep within budget documents are several steps the government will take to further boost our financial system, including greater powers for regulators and $11.2 million to enhance super fund member outcomes. While far from the headline measures ...

Chief economist update: Iron ore is the glue that binds China and Australia

BENJAMIN ONG  |  TUESDAY, 11 MAY 2021
... conditions have put a rocket from underneath the iron ore's price. Demand comes from China - the world's biggest consumer (69.1% of total world iron imports) - where crude steel production continues surge (up by 19.1% in the year to March from ...

Canadian pension giant, real estate manager in JV

JAMIE WILLIAMSON  |  FRIDAY, 7 MAY 2021
... sector for PSP globally, given the accelerated growth of e-commerce and the need to adapt real estate to meet shifting consumer behaviour. Bridge has proven development capabilities from which the venture will benefit, enhancing returns beyond the sector ...

Government launches digital economy strategy

ANNABELLE DICKSON  |  FRIDAY, 7 MAY 2021
... technology, ahead of the federal budget. The digital economy strategy includes $111.3 million to accelerate the rollout of the Consumer Data Right in banking, energy and telecommunications and $50 million to enhance cyber security in government, data ...