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Showing 1491 - 1500 of 3550 results for "October 2002"

NAB initially under-reported remediation bill to ASIC

KANIKA SOOD  |  MONDAY, 13 AUG 2018
NAB initially reported a compensation bill of about $22 million less than what it actually owed to customers for plan service fees, as the corporate regulator was capping off a report on the matter in late 2016. By 24 October 2016, NAB's estimated plan ...

Chief economist update: Younger migrants and the elderly keep wages low

BENJAMIN ONG  |  THURSDAY, 9 AUG 2018
Australians, all, there's now 25 million of us... and counting. The Australian Bureau of Statistics (ABS) reported that the country's population reached 25 million shortly after 11pm AEST on August 7. According to the report, population has ...

Limited MDA deadline closes in

KARREN VERGARA  |  WEDNESDAY, 8 AUG 2018
Financial advisers operating under a limited managed discretionary account should have made other formal arrangements by now, but the truth is many are still lagging behind, according to IMAP chair Toby Potter. With the limited MDA changes taking effect ...

NAB compensation delays hopelessly conflicted: Royal Commission

KARREN VERGARA  |  WEDNESDAY, 8 AUG 2018
NAB found itself in a "hopelessly conflicted" situation by delaying the process of compensating members charged fees for no service in order to maintain profit levels, the third day of the Royal Commission's inquiry into superannuation heard. This ...

NULIS names new chair

KARREN VERGARA  |  TUESDAY, 7 AUG 2018
NULIS Nominees has appointed a new chair, replacing Nicole Smith, who is due to appear before the financial services Royal Commission this week. According to the latest NULIS Nominees Executive Officer Disclosure, Peter Promnitz was appointed as chair ...

Chief economist update: Not before we get a pay rise

BENJAMIN ONG  |  MONDAY, 6 AUG 2018
Just in time for tomorrow's Reserve Bank of Australia (RBA) monthly board meeting, ME Bank published the results of the 14th survey of its "Household Financial Comfort Report", taken last June. "The ME Household Financial Comfort Report provides ...

Aurora takes acquisition bid to Federal Court

KARREN VERGARA  |  FRIDAY, 3 AUG 2018
Aurora Funds Management will take its acquisition bid for Molopo Energy to the Federal Court of Australia after the Takeovers Panel decided to put the brakes on the transaction. Aurora has applied for a judicial review of the panel's decision, which ...

Chief economist update: The BOJ kills off specs (for now)

BENJAMIN ONG  |  WEDNESDAY, 1 AUG 2018
Just as it was in late 2017/early 2018, the Bank of Japan (BOJ) once more hosed down recent speculations of a tweak in monetary policy towards an (early) exit. Sure, the Japanese central bank tweaked policy, but in the opposite direction. At the conclusion ...

NRMA chair links with asset manager

HARRISON WORLEY  |  MONDAY, 30 JUL 2018
The chairman of NRMA has been appointed to the board of a $25 billion international equities manager. Platinum Asset Management is welcoming Tim Trumper to its board, with the NRMA chairman set to begin his tenure as a non-executive director at Platinum ...

NAB recruits customer executive

KARREN VERGARA  |  MONDAY, 30 JUL 2018
National Australia Bank is bolstering its private banking business by appointing its second customer executive. Margot Faraci will commence the newly-created role of NAB Partners customer executive for the northern region in October 2018. She will be ...