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Showing 1521 - 1530 of 2958 results for "August 2007"

CommSec hit with $700,000 fines

ALEX BURKE  |  FRIDAY, 2 SEP 2016
CommSec has paid $700,000 in infringement notice penalties and voluntarily refunded $1.1 million in brokerage. The infringement notices were given by ASIC's Markets Disciplinary Panel, which the regulator said "had reasonable grounds to believe CommSec ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 2 SEP 2016
... Management (ISM) survey of the manufacturing sector does not. The ISM manufacturing index dropped to a reading of 49.4 in August - indicating the manufacturing sector is contracting - from 52.6 in the previous month. This is the lowest reading since ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 1 SEP 2016
Australia private sector credit Total private sector credit increased by 0.4% in July - in line with market expectations - following a 0.2% gain in the previous month. Credit to housing and to business went up by 0.5% and 0.3%, respectively while personal ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 31 AUG 2016
... low reading of -8.5 in August from -7.9 in the previous month. Business confidence declined from 0.38 in July to 0.02 in August - the lowest level since October 2013. Industrial sentiment deteriorated further to minus 4.4 from minus 2.6 in July while ...

Capital Group reappoints former exec

KERRIE SYDEE  |  TUESDAY, 30 AUG 2016
Capital Group has reappointed a former senior employee who now holds the role of senior vice president, capital strategy research. Michael Thawley has re-joined Capital Group and in his new role will work with the company's global investment team, advising ...

Pinnacle director departs after Wilson acquisition

ALEX BURKE  |  MONDAY, 29 AUG 2016
A Pinnacle Investment Management director has resigned from his position. Steven Skala has been a Pinnacle director for 14 years and was chair from 2011 to 2015. He currently sits on the boards of BlueChilli Group, the General Sir Monash Foundation ...

Retail FUA growth drives HUB24 profit

KERRIE SYDEE  |  MONDAY, 29 AUG 2016
HUB24's retail funds under administration (FUA) grew by 94% to $3.31 billion in FY16, with the company recording a gross profit of $10.9 million, up 125%. HUB24 recorded total FUA of $3.78 billion at 30 June 2016, comprising retail FUA $3.31bn, new ...

Telstra Super appoints financial planning EGM

DARREN SNYDER  |  MONDAY, 29 AUG 2016
Telstra Super recently appointed an executive general manager to lead its financial planning team, signifying the corporate superannuation fund's ongoing commitment to advice services. Joining Telstra Super as its new financial planning EGM is Stephen ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 26 AUG 2016
Australia managed funds The Australian Bureau of Statistics (ABS) released data showing that funds under management in the managed fund industry rose by 3.0% to A$2,721.6 billion in the June quarter from A$2,646.7 billion in the previous three-month ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 25 AUG 2016
Australia construction work done A sharp 9.0% drop in engineering in the June quarter accounted for all of the 3.7% fall in the value of total construction work done in the three months to June - worse than market expectations for a 1.9% fall. The value ...