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Showing 1581 - 1590 of 5515 results for "September 2005"

Fiducian acquires Perth financial planning firm

KANIKA SOOD  |  MONDAY, 3 DEC 2018
The ASX-listed wealth and advice business is acquiring a Perth-based financial planning business that advises about $73 million of client money. Fiducian Group is spending $1.66 million on the acquisition component of the deal, funded from cash. Once ...

Chief economist update: RBA more likely to cut

BENJAMIN ONG  |  MONDAY, 3 DEC 2018
The Reserve Bank of Australia (RBA) painted an optimistic picture of the global and domestic economies when it held its policy meeting last month (6 November) before concluding that "...the stance of monetary policy unchanged at this meeting would be ...

Chief economist update: The angel in the capex details

BENJAMIN ONG  |  FRIDAY, 30 NOV 2018
Australian actual total capital expenditure was down 0.5% in the third quarter following a 0.9% decline in the second and lower than market expectations for a 1% pick up. That's the headline splattered on our screens when the Australian Bureau of ...

ANZ hid reasons for executive pay cuts

KANIKA SOOD  |  THURSDAY, 29 NOV 2018
ANZ chief executive Shayne Elliott admitted the bank did not disclose to its shareholders or staff that three of its senior executives had their variable pay held back in FY18 on account of compliance issues. Elliot's own variable remuneration was ...

Chief economist update: Is TLTRO III coming?

BENJAMIN ONG  |  TUESDAY, 27 NOV 2018
Minutes of the European Central Bank's (ECB) 24-25 October Governing Council meeting confirmed that it remains on track to end its net asset purchases - currently at a monthly pace of €15 billion - by the end of December 2018. No probs here. We've ...

Chief economist update: Where are the BOJ exit speculators now?

BENJAMIN ONG  |  FRIDAY, 23 NOV 2018
In the early months of this year, financial markets were abuzz with speculations that the Bank of Japan (BOJ) would follow the Fed's lead and start implementing an exit strategy. Speculations started to gain prominence as early as January when the ...

Chief economist update: Predictions allude to frozen RBA

BENJAMIN ONG  |  THURSDAY, 22 NOV 2018
In a way, you know, I know, the world knows already about the case of the slowdown in global growth. The Organisations for Economic Development and Cooperation's (OECD) recently-released the OECD Economic Outlook and Interim Economic Outlook report ...

Australia's first active fixed income ETF goes live

KANIKA SOOD  |  TUESDAY, 20 NOV 2018
A Legg Mason affiliate has become the first to offer an actively-managed fixed income fund as an exchange-traded fund in Australia. Ringing the bell at the ASX in Sydney yesterday, Western Asset Management portfolio manager Anthony Kirkham listed the ...

Super fund apologises for admin error

KARREN VERGARA  |  MONDAY, 19 NOV 2018
An $80 billion superannuation fund admitted on Friday to an administrative error affecting 346 of its members. Following QSuper's investigation of more than 226,000 current and former defined benefit accounts, it was found that 246 members were ...

Chief economist update: Faster wages growth a one-off?

BENJAMIN ONG  |  THURSDAY, 15 NOV 2018
"There was a higher rate of wage growth recorded across the majority of industries in comparison to this time last year, reflecting the influence of improved labour market conditions. Annual wage growth at the Australia level was 2.3%, the highest growth ...