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

Search Results

Showing 1451 - 1460 of 4463 results for "October"

ASIC, MLC Nominees and NULIS in court

ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
... detriment of the wider industry." The Federal Court set a timetable to advance proceedings in the case at the start of October 2018. A case management conference was held on 19 September 2019.

CBA finalises CommInsure sale

ELIZA BAVIN  |  FRIDAY, 1 NOV 2019
... an extended period of uncertainty for the divestment. CommInsure has also been embroiled in a lawsuit filed by ASIC in October this year. The regulator filed criminal charges against the CBA-owned company over its selling of life insurance through unsolicited ...

Chief economist update: Fed pause could be a short one

BENJAMIN ONG  |  FRIDAY, 1 NOV 2019
... Muted inflation pressure. The Fed's inflation gauge - the PCE price index - has since been updated since the Fed's October 31 assessment and rate cut. The headline PCE inflation eased to 1.3% in the year to September from 1.4% in the previous ...

Chief economist update: RBA rate cut outlook

BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
... to have confirmed inferences over the RBA's reluctance to cut interest rates anymore. There was that phrase in the October 1 meeting minutes stating that the stimulatory effects of lower interest rates on borrowing "may not be operating in the same ...

AMP extends adviser deadline

JAMIE WILLIAMSON  |  WEDNESDAY, 30 OCT 2019
AMP and the AMP Financial Planners Association have commented on the decision to extend the October 31 deadline originally given to financial advisers given notice by the wealth giant. Meanwhile, the AMPFPA has confirmed action against AMP will likely ...

Consumers trust super funds about as much as banks

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 OCT 2019
... figures still indicate poor confidence. Participants were asked to score their confidence about retirement out of 10. In October 2018 retirement confidence rated 4.9 out of 10, that increased to 5.1 in December last year and now the figure is at 5.4. ...

Chief economist update: Arrivederci Signor Draghi

BENJAMIN ONG  |  WEDNESDAY, 30 OCT 2019
... European Central Bank (ECB) came and went without much fanfare. The ECB kept monetary policy settings unchanged at its October 24 meeting. This is to be expected after it announced a big one (so far) a month prior (in September), where Mario's parting ...

Frozen fund pays investors

KANIKA SOOD  |  TUESDAY, 29 OCT 2019
... unitholders up to $40 million which was approved in May. Whyte told Financial Standard he paid the interim distribution on October 16, totaling about $32 million. Expected return on the dollar At its peak, the fund had nearly $700 million in assets ...

Bravura acquires software firm

ELIZA BAVIN  |  TUESDAY, 29 OCT 2019
... pursuit of delivering world-class solutions for our clients." The transaction is expected to be complete by the end of October this year, with the founders and senior management of FinoComp expected to remain a core part of the business.

Chief economist update: It's the money, stupid

BENJAMIN ONG  |  TUESDAY, 29 OCT 2019
... underpinned by bullish headlines that include: positive US-China trade talks; near-certainty of another Fed rate cut at its October FOMC meeting and the latest reporting season showing company earnings coming in better than expected. "Roughly 80% have ...