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Showing 1501 - 1510 of 3879 results for "February"

Banks must prioritise NPP, says Reserve Bank

ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
... other institutions, to benefit from this important national infrastructure." The New Payments Platform launched last February, but many of the features touted in the infrastructure project have not yet materialised. The system allows consumers to make ...

Industry fund executive takes new role

HARRISON WORLEY  |  TUESDAY, 19 MAR 2019
... Super is welcoming Nikki Schimmel to the fold, after the former LUCRF chief risk and compliance officer's appointment in February. Schimmel will lead risk and compliance oversight at the $9.5 billion fund, assuming the title of chief risk officer. Schimmel ...

Former adviser cops 10-year prison sentence

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2019
... since gone into liquidation. He was the sole director of SydFA. The regulator's action against Nakhl commenced in February 2013 when ASIC sought to freeze his assets. When the freezing orders came into effect in April 2013 about $7.7 million was ...

Zero tolerance approach to poor culture needed

KARREN VERGARA  |  MONDAY, 18 MAR 2019
... approach to solving the culture crises exposed by the Royal Commission. Treasurer Josh Frydenberg appointed Samuel in February to lead a capability review into APRA in response to the Royal Commission's final recommendations. Samuel said top-level ...

Chief economist update: What's the RBA waiting for?

BENJAMIN ONG  |  FRIDAY, 15 MAR 2019
... Australian economy to grow by around 3% this year." Note: It cut its 2020 growth forecast to 2.75% from 3.25% in the February Monetary Policy Statement. However, the labour market is generally considered a lagging indicator and given the on-going weakening ...

More advisers using ETFs

KANIKA SOOD  |  THURSDAY, 14 MAR 2019
... The total FUM could reach $50-55 billion by the end of the year, Vynokur said. The industry stands at $44.4 billion at February end, growing 21% in twelve months. Exchange traded products attracted $397 million in net inflows in February and almost a ...

Chief economist update: Breaking up is hard to do

BENJAMIN ONG  |  THURSDAY, 14 MAR 2019
... to raise interest rates twice since the Brexit referendum - a 25 bps increase in the Bank Rate from 0.25% to 0.5% in February 2017 and then another hike to 0.75% in August 2018. On the flipside, "Remainers" can point to the general uncertainties that ...

Jamieson Coote Bonds introduces global fund

DARREN SNYDER  |  WEDNESDAY, 13 MAR 2019
... Australia's heavy reliance on China as a major trade partner." JCB said it has actively managed its global strategy since February 2018. Its investment process relies on monitoring global markets and fundamentals, policy, politics and supply implications ...

Boutique fund manager drops fees

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAR 2019
... which invests in Asia ex-Japan and launched in 2009, has achieved an average annual return of 11.1% net of fees as at February 2019. The investment manager of the fund is Value Partners Hong Kong. Premium China executive director and chief investment ...

Chief economist update: Iron ore up or iron ore down?

BENJAMIN ONG  |  TUESDAY, 12 MAR 2019
... of the Australian Financial Review's (AFR) report before iron ore prices hit a two-year high of US$92.19/tonne in February this year and after the Vale mine disaster in Brazil in late January 2019. "The surge led Capital Economics to bet the price ...