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Showing 1541 - 1550 of 10303 results for "STI"

Rate rises more likely after unemployment plunge

ANDREW MCKEAN  |  FRIDAY, 15 JUL 2022
The unemployment rate has fallen to 3.5%, the lowest level since 1974, and near-record inflation hasn't subsided, leading experts to believe that aggressive rate hikes will continue. Australian Bureau of Statistics (ABS) data showed the number of ...

HESTA hires high profile economist

ELIZABETH FRY  |  FRIDAY, 15 JUL 2022
HESTA has appointed high profile economist Annette Beacher as an investment manager and market strategist. Beacher has spent two decades as a market economist for international investment banks, working in Australia and Singapore. Most recently, she ...

ETF flows up despite volatility: Vanguard

ANDREW MCKEAN  |  THURSDAY, 14 JUL 2022
Australian ETF net inflows remained positive through a volatile quarter, according to joint data from the ASX and Vanguard. However, compared to Q1, the industry's total assets under management (AUM) dropped almost 10% from $132 billion to $119 billion. ...

ASX 100 chief executive bonuses hit record highs

CASSANDRA BALDINI  |  WEDNESDAY, 13 JUL 2022
Bonuses paid to ASX 100 chief executives hit record highs in FY21, jumping from 31% to 76.7%, a new report from the Australian Council of Superannuation Investors said. In the first year of the pandemic, Australian boards responded to market turmoil ...

Victorian AR charged with providing unlicensed advice

CASSANDRA BALDINI  |  WEDNESDAY, 13 JUL 2022
Former authorised representative Nizi Bhandari has been charged with engaging in dishonest conduct and providing unlicensed personal financial product advice. Between November 2017 and December 2020, Bhandari was an AR of The Australian Dealer Group ...

EG appoints joint managing directors in response to growth

CHLOE WALKER  |  TUESDAY, 12 JUL 2022
Roger Parker and Chris Pak have been promoted as EG's new joint managing directors, taking over the roles of head of distribution and chief investment officer, respectively. Parker, EG's executive director of nine years, will assume the title of head ...

Review of YFYS receives mixed response

ANDREW MCKEAN  |  FRIDAY, 8 JUL 2022
The government's Treasury review into the operation of the Your Future, Your Super (YFYS) laws and MySuper performance tests has had a mixed reception. Assistant treasurer and minister for financial services Stephen Jones said the government is ...

Growth scare likely during second half of 2022: Report

CASSANDRA BALDINI  |  FRIDAY, 8 JUL 2022
Global activity is already slowing, as central banks continue to indicate that a further deceleration is needed to lower inflation, report said. According to UBS Asset Management's Panorama mid-year outlook, titled Inflation: Rising to the Challenge ...

Companies' ESG efforts improve

CASSANDRA BALDINI  |  THURSDAY, 7 JUL 2022
ESG focus across global companies is up by almost 8% in response to regulatory and investor pressure, report states. Fidelity's 2022 survey of analysts on sustainability issues capture's the view of 161 investment analysts from across the globe. ...

RBA raises interest rates again

ANDREW MCKEAN  |  WEDNESDAY, 6 JUL 2022
The Reserve Bank of Australia (RBA) has increased the cash rate by 50 basis points, ramping up its efforts to quash runaway inflation. RBA governor Phillip Lowe stayed the course with his assessment that while the Australian economy remained resilient ...