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Chief economist update: Capex and credit and the trade war

BENJAMIN ONG  |  FRIDAY, 1 JUN 2018
... Kentucky bourbon and Harley-Davidson motorcycles - goods aimed at applying maximum political pressure as they are produced in home states of top lawmakers." While Australia had been granted exemption from the tariffs, it would not escape getting harmed ...

Chief economist update: Building approvals on a slowing trend

BENJAMIN ONG  |  THURSDAY, 31 MAY 2018
... estimates suggest a slow and orderly deflation in Australia's housing market. This is backed up by the CoreLogic RP Data home value index showing that the "5 capital city aggregate" of all dwellings fell by 0.3% in the month of April. CoreLogic's ...

ANZ sells NZ life insurance business

ALEX BURKE  |  WEDNESDAY, 30 MAY 2018
... insurance provider in Cigna," ANZ NZ chief executive David Hisco said. "This is consistent with how we provide motor vehicle, home, commercial and travel insurance using a range of specialist insurance partners." ANZ said it intends for all staff involved ...

Aussie funds can benefit from FTA with EU: FSC

KANIKA SOOD  |  THURSDAY, 24 MAY 2018
... the 38 separate parliaments - hence the "fast track". FSC chief executive Sally Loane supports the negotiations. "The EU is home to some of the largest and most sophisticated funds management markets in the world including Luxembourg, Ireland, France ...

Insurtechs must work with incumbents: EY

KANIKA SOOD  |  TUESDAY, 22 MAY 2018
... teams and struggling to gain traction with large insurance companies, and many are getting a warmer response abroad than at home," O'Dell said.

Age Pension needs national objective: Actuary

DARREN SNYDER  |  TUESDAY, 22 MAY 2018
... superannuation is currently working its way through Federal Parliament. Other matters Rice considers include: Including the family home in the Means Test at a fixed value of average earnings (threshold to be decided). Adding a multiple of six times average ...

Macquarie merges private wealth businesses

KANIKA SOOD  |  THURSDAY, 17 MAY 2018
... investors in the bank's private wealth and banking business will have no impact on BFS's retail banking strategy which includes home lending, deposits and credit card solutions for consumer clients. Macquarie head of wealth management Bill Marynissen ...

Mental health to transform life insurance: ANZ Wealth

KARREN VERGARA  |  FRIDAY, 11 MAY 2018
... tailored and complementary support program. They will also be offered the support of a Caseworks registered nurse to visit their home and guide them through their claim application process. In its life insurance whitepaper released last year, ANZ said ...

Labor responds to 'unfair' Budget

KARREN VERGARA  |  TUESDAY, 8 MAY 2018
... doesn't make up for Turnbull's cost of living increases and cuts to penalty rates." Chalmers said funding just 14,000 new in-home aged care packages over four years is a "hoax" as funding cut from residential aged care will pay for it. "There are still ...

Govt reforms can tackle super gender gap: ASFA

KARREN VERGARA  |  FRIDAY, 4 MAY 2018
In the lead up to this year's Federal budget, the Association of Superannuation Funds of Australia is calling on the Government to take action on a worrying statistic that 80% of women won't have enough money upon retirement. ASFA is using its new white ...