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Showing 131 - 140 of 1396 results for "Fallen"

Economic recap: Week to October 8

BENJAMIN ONG  |  MONDAY, 11 OCT 2021
... averaged 1.84% in 2019 (the year before the covid-19 pandemic struck) at the same time that the average jobless rate has fallen to 3.7% -- the lowest level since the late 1950s. The same could be observed across many, if not most, global economies. So ...

Big four bank complaints drop

ANNABELLE DICKSON  |  THURSDAY, 7 OCT 2021
The number of consumer complaints received in relation to the big four banks has fallen over the last financial year, the Australian Financial Complaints Authority (AFCA) said. Complaints about Westpac, ANZ, NAB and Commonwealth Bank fell 7% out of ...

Economic recap: Week to September 10

BENJAMIN ONG  |  MONDAY, 13 SEP 2021
... considerable momentum... Business investment was picking up and the labour market had strengthened. The unemployment rate had fallen below 5% and job vacancies were at a high level." "The recovery in the Australian economy has, however, been interrupted ...

Dismal pass rate for latest CFA exam

ELIZABETH MCARTHUR  |  MONDAY, 2 AUG 2021
... 1964. Although the curriculum and difficulty of exams has varied over the years, the pass rate for level one has never fallen below 34%, according to the institute's records. From 1964-2021 the pass rate for level one has averaged out at about 42%. Through ...

Broken advice industry shuns everyday Aussies: AFA

KARREN VERGARA, ANNABELLE DICKSON  |  THURSDAY, 29 JUL 2021
... professionally, and Australians who need professional advice the most cannot access it. The number of active advisers has fallen from nearly 29,000 at the time of the Royal Commission to just over 19,000, he told the Standing Committee on Economics focused ...

AFA defends industry against Labor attack

KARREN VERGARA  |  MONDAY, 21 JUN 2021
... because of what their worst do," he said. Since the Hayne Royal Commission, the number of financial advisers in Australia has fallen by more than 30% to 19,992. Not only is financial advice less accessible, advisers must also contend with a slew of reforms ...

ASIC takes on NAB for fee-for-no service breaches

KARREN VERGARA  |  FRIDAY, 18 JUN 2021
... lawyers said. "We and the bank deeply regret that the contraventions that have occurred and we accept that the conduct has fallen short of what the broader commuting expects of it." The hearing continues.

ASIC drops Regal action

ANNABELLE DICKSON  |  WEDNESDAY, 16 JUN 2021
... integrity and standards." Last year, Regal's Atlantic Absolute Return suffered from the COVID-19 market volatility having fallen 58.6% in March then rising 12.5% in May. The fund has since regained significant losses and is returning 21.20% over the ...

Hostplus holds on to MySuper top spot

KANIKA SOOD  |  WEDNESDAY, 9 JUN 2021
... 70bps lower to 2.2%, as equities and property performed well but fixed income and cash fell. "Fixed interest returns have fallen to a sector median of 1.0% while the cash index dropped to 0.0% for same period," Rainmaker said in a report. Among default ...

Research aims to solve cash conundrum

ELIZABETH MCARTHUR  |  THURSDAY, 6 MAY 2021
... time, Allianz Retire+ has released new research looking at how best to solve the cash conundrum. Term deposit rates have fallen 96% since the Global Financial Crisis high of 8.25% and now sit at just 30 basis points, according to the research. A pre-GFC ...