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Showing 1511 - 1520 of 6477 results for "September"

IOOF profits fall 39%, advice margins drop

KANIKA SOOD  |  TUESDAY, 18 FEB 2020
... divestments. Statutory NPAT was $115 million, buoyed by proceeds from IOOF's sale of Ord Minnett business completed at September end. IOOF now has $145.7 billion in total funds under management/administration, growing 5.2% in the six months to December ...

Frontier Advisors welcomes AustralianSuper director

ELIZABETH MCARTHUR  |  TUESDAY, 18 FEB 2020
... and commercial acumen were invaluable", said Frontier chair Gabriel Szondy. Dixon joined the AustralianSuper board in September 2019 as an employer director. His previous roles include as executive director and chief operating officer at Linfox and Skilled ...

Costs spiral for baby boomers

ALLY SELBY  |  TUESDAY, 18 FEB 2020
... meat prices are likely to increase even further as farmers hold back their breeding stock from the market." Between the September quarter and the December quarter, ASFA found there was a 6.8% increase in fruit prices, while beef and veal rose 2.9%. The ...

Chief economist update: Japan fails to learn from history (yet again)

BENJAMIN ONG  |  TUESDAY, 18 FEB 2020
... the economy contracted by 1.6% in the last quarter of 2019 following a 0.1% growth (if you could call it that) in the September 2019 quarter. Real GDP plunged at an annualised rate of 6.3% (from growth of 0.5% in the third quarter) and fell by 0.4% in ...

Chief economist update: The virus, the trade deal and the AUD

BENJAMIN ONG  |  MONDAY, 17 FEB 2020
... the Asian financial crisis; it fell from around US$0.65 to US$0.49 during the US recession in 2001 and following the September 11 attacks of the same year; and, it dropped from US$0.91 to US$0.62 at the onset of the GFC. During the SARS outbreak, the ...

QSuper member drags board to court, loses

KANIKA SOOD  |  WEDNESDAY, 12 FEB 2020
... been fair and reasonable. It affirmed a decision for QSuper trustee to pay interest on the benefit calculated from 16 September 2013, which amounted to just over $5400 ($5414.91).

Chief economist update: It's the US consumer, stupid me

BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2020
... that the Fed would need to cut interest rates by at least another 25 bps, in addition to the ones it announced in July, September and October (that took the fed funds rate from 2.25%-2.5% to 1.5%-1.75%). That was before US President Donald Trump was ...

Macquarie expected to fall short of 2019 performance

HARRISON WORLEY  |  TUESDAY, 11 FEB 2020
... asset management division recorded growth in the quarter with assets under management jumping by 5% from the end of September to 31 December. Its infrastructure and real assets arm, MIRA, also grew, recording a 2% jump to finish the quarter at $137.5 ...

Chief economist update: UK is now Bailey's baby

BENJAMIN ONG  |  TUESDAY, 11 FEB 2020
... position on 1 July 2013, UK GDP growth was clocked at 2.9% (in the year to the June 2013 quarter), it slowed to 1.3% (September 2019 quarter). The January 2020 MPC forecasts estimate growth to slow to 1.25% for the full-year 2019 before slowing yet again ...

Australia's fastest growing investment managers

KANIKA SOOD  |  MONDAY, 10 FEB 2020
... whose Sydney office is led by Alexander Rolfe, swelled its FUM from just $7 million five years ago to $270 million at September end. This implies an average growth rate of 110%. Next on the list is Sydney small caps boutique Lennox Capital Partners ...