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Showing 1571 - 1580 of 4612 results for "RAISE"

The BOE's got no problem

BENJAMIN ONG  |  THURSDAY, 23 AUG 2018
When the Bank of England's (BOE) Monetary Policy Council (MPC) unanimously voted to raise the Bank Rate by 25 bps to 0.75% on August 2, BOE governor Mark Carney was quoted as saying: "The mistake is to always wait, wait, wait until you have perfect ...

PractiFI opens US office

KARREN VERGARA  |  WEDNESDAY, 22 AUG 2018
A fintech which delivers business administration services to the financial advice, superannuation and insurance industries has received funding to launch in the US. PractiFI received a $3 million injection from a joint venture between Microequities ...

TAL partners with mental health NFP

KARREN VERGARA  |  TUESDAY, 21 AUG 2018
TAL is joining forces with a not-for-profit organisation to help raise greater awareness on mental health issues affecting the younger generation. Orygen specialises in providing mental health research, clinical services, training and education for ...

LIT serves up junk bonds to SMSFs

KANIKA SOOD  |  MONDAY, 20 AUG 2018
... It is targeting a net distribution of 5.25% per annum, paid monthly. The manager said the offer has surpassed its minimum raise of $150 million. The IPO, which opens today, will run until September 7. Junk bonds and SMSFs: an unlikely match? As rates ...

Parents key to financial literacy legacy: FPA

HARRISON WORLEY  |  MONDAY, 20 AUG 2018
... and 'tap and go' banking. From a financial literacy perspective, the FPA said Australian parents are struggling to raise this generation, with 80% of parents financially stressed. Additionally, three in five Australian parents believe their children ...

ANZ grilled over Smart Choice sales

JAMIE WILLIAMSON  |  THURSDAY, 16 AUG 2018
The selling of superannuation products by ANZ branch staff has been called into question, with the Royal Commission suggesting the bank's practices are misleading and deceptive. Appearing before the Commission this morning, ANZ head of superannuation ...

Alternative investment manager partners with VC firm

KANIKA SOOD  |  WEDNESDAY, 15 AUG 2018
... holdings include SuperEd and Brisbane-based food ordering application Boppl. It is funding the Scout investment with a capital raise. It has received commitments for $1.2 million of the first tranche and will formalise another $285,000 in the coming ...

Chief economist update: Emerging markets feel the heat as Turkey burns

BENJAMIN ONG  |  TUESDAY, 14 AUG 2018
... African rand - currently exchanging at 14.37 to US$1 - has dropped to two-year lows. There are many more and ones that would raise inflation in emerging markets, prompting their respective central banks to lift interest rates but in so doing also choke ...

NAB complicated plan service fee issue: Royal Commission

HARRISON WORLEY  |  MONDAY, 13 AUG 2018
NAB Wealth failed to make its plan service fee issue easy to solve, the Royal Commission heard today. Counsel assisting Michael Hodge suggested to NAB chief customer officer and former group executive of NAB Wealth Andrew Hagger that the bank's ...

Financial crime taskforce puts two behind bars

KARREN VERGARA  |  MONDAY, 13 AUG 2018
The Serious and Financial Crimes Taskforce has helped put two men behind bars for laundering money and evading tax. Anthony Castagna and Robert Agius, both from New South Wales, were sentenced to seven years' imprisonment each. The pair used an ...