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Showing 1621 - 1630 of 5176 results for "YES"

CBA reaction too slow, too little, too late

LAURA MILLAN  |  FRIDAY, 4 JUL 2014
Commonwealth Bank's initiative to set up a program to review financial advice given to its clients from 2003 to 2012 has been slammed by several stakeholders for being too slow, too little and too late. Speaking at a Melbourne Institute event yesterday ...

TWU defends mandatory TWU Super contributions

JAMES FERNYHOUGH  |  THURSDAY, 3 JUL 2014
The Transport Workers Union (TWU) has defended the TWU's practice of forcing employers to contribute employee superannuation only to TWU Super in collective bargaining agreements. Appearing before the Royal Commission into Trade Union and Governance ...

Slow and steady as she goes

BENJAMIN ONG  |  THURSDAY, 3 JUL 2014
... monthly addition since the 293K added back in November 2012 and... it beat even the most optimistic guess for a 240K gain. Yes, Virginia, 'twas good, 'twas excellent, particularly if you look at the bar chart of this stats' monthly performance - the ...

Market wrap

AAP  |  WEDNESDAY, 2 JUL 2014
A rebound in the local banking sector has helped the Australian share market to open higher, after Wall Street stocks surged to new records. Strong Chinese manufacturing figures and surprisingly good US car sales pushed the Dow Jones Industrial Average ...

So good but for the wrong spin

BENJAMIN ONG  |  WEDNESDAY, 2 JUL 2014
... "Goldcoaster". According to Mr. Goldcoaster, "Stocks are up because of record reverse repo unwind" so I decided to investigate. And yes, indeed! The Fed sold US$339.481 billion in overnight repos on 30 June but only US$150.572 billion last night, "meaing ...

CBA apologies again, refutes reckless culture accusations

LAURA MILLAN  |  FRIDAY, 27 JUN 2014
Commonwealth Bank has apologised again for the misconduct of its financial advisers that resulted in clients losing millions in retirement savings and has refuted accusations that its sales-based culture was "reckless." The bank has issued a statement ...

James knows when

BENJAMIN ONG  |  FRIDAY, 27 JUN 2014
Jumpin' Jiminy Cricket Batman! The US Federal Reserve will begin to lift interest rates soon - that is, sooner than everyone in the planet expects. Bullard of bull (dropping?). Federal Reserve Bank of St. Louis President James Bullard said so in his ...

But they said it was Iraq

BENJAMIN ONG  |  THURSDAY, 26 JUN 2014
... but I can't find no... no, no, no... no mention of that which was finger-pointed for yesterday's sharp fall on Wall Street. Yes, Virginia there wasn't any mention of Iraq. Wall Street rebounded overnight despite continuing - nay, escalating -- tensions ...

Momentum for mFund service gathering despite uncertainty

MARK SMITH  |  WEDNESDAY, 25 JUN 2014
Equity Trustees has said it is starting to see momentum building for investors to transact through the ASX's mFund Settlement Service. The group says applications for funds provided by two of its clients, PIMCO and Armytage Private Funds, are being ...

Good or bad, it's all good

BENJAMIN ONG  |  TUESDAY, 24 JUN 2014
... that the third estimate of US first quarter GDP growth is expected to be revised lower from a contraction of 1.0% to 1.8%. Yes Virginia, for there is nothing else to explain a drop on Wall Street given economic news reports over the past 24 hours. Certainly ...