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Showing 1611 - 1620 of 3228 results for "April 2012"

Mercy Super appoints new chief executive

ALEX BURKE  |  FRIDAY, 16 JUN 2017
Corporate fund Mercy Super has appointed a new chief executive. Wendy Tancred joined Mercy Super in April from Davidson Consulting, where she was also chief executive. Before that, she was Queensland state head of financial planning at BT Financial ...

Confidence: the business/household divide

BENJAMIN ONG  |  WEDNESDAY, 14 JUN 2017
... news is not so good in terms of business confidence with the index dropping six points to reading of +7 in May from +13 in April - a 46.3% drop in percentage terms - "suggesting that there are some peripheral factors still weighing on firms' perceptions ...

Fiduciary rule introduced in United States

JAMIE WILLIAMSON  |  TUESDAY, 13 JUN 2017
Financial advisers in the United States are now required to act in the best interests of clients in a bid to prevent the US$17 billion lost by retirement savers each year. Last Friday, the US Department of Labor partially introduced the impartial conduct ...

Retail funds closing in on return gap

ALEX BURKE  |  FRIDAY, 9 JUN 2017
The five-year performance gap between not-for-profit and retail funds has narrowed to 130 basis points, according to Rainmaker SelectingSuper research. While the one-year gap to April 2017 widened to 70 basis points, overall retail funds have performed ...

Cloudy skies in the land of the rising sun

BENJAMIN ONG  |  FRIDAY, 9 JUN 2017
... let's all spend a minute silence and pray that yesterday's report of a massive slump in exports - down 8.0% in the month of April - was indeed an aberration caused by Cyclone Debbie that should correct in the coming months. According to Factset data ...

Better, but not good enough

BENJAMIN ONG  |  THURSDAY, 8 JUN 2017
"Better, but not good enough": this is how the Organisation for Economic Cooperation and Development (OECD) sees developments in the global economy. The OECD also answered its own question - "Will risks derail the modest recovery?" - initially posted ...

US labour market covfefe

BENJAMIN ONG  |  MONDAY, 5 JUN 2017
... meets on 13-14 June. US non-farm payrolls rose by 138,000 in the month of May - down from the 174,000 addition recorded in April (downwardly revised from 211,000) and significantly less than consensus expectations for a 185,000 gain. There was good news ...

Just what the doctor ordered

BENJAMIN ONG  |  FRIDAY, 2 JUN 2017
... Yes, only yesterday we got a pleasant surprise from the ABS report that showed retail sales surged by 1.0% in the month of April - more than three times the expected growth of 0.3%. But as JP Morgan economist Tom Kennedy explains, the large increase ...

Be careful what you wish for

BENJAMIN ONG  |  THURSDAY, 1 JUN 2017
... April from 3.5% in the previous month and 7.3% in April last year. Personal lending continued to contract, down 1.5% in April - the 18th straight month of decline. Despite APRA's tighter rules on property lending and banks and lending agencies' implementing ...

Approved to build more dwellings

BENJAMIN ONG  |  WEDNESDAY, 31 MAY 2017
... the year-on-year numbers show continued contraction in the property sector. Despite a slight improvement in the year to April - down 17.2% from -20% in March - total dwelling units approved remained in double-digit contraction with the latest figure ...