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Showing 1641 - 1650 of 2956 results for "August 27"

FSC, FPA support ASIC user-pay model

ALEX BURKE  |  WEDNESDAY, 2 SEP 2015
Both the Financial Services Council and Financial Planning Association of Australia have voiced their support for an industry funding model for ASIC. On August 28, Assistant Treasurer Josh Frydenberg welcomed industry consultation on the proposal while ...

August angst to September mourn

BENJAMIN ONG  |  WEDNESDAY, 2 SEP 2015
For a while there last week, it seemed the financial market storm has come and gone... and it was safe to go back into the risk waters. Financial markets are again in upheaval and fear is once more on the rise - the VIX index spiked 10.5% overnight ...

HUB24 sees 3000% profit boost

ALEX BURKE  |  MONDAY, 31 AUG 2015
HUB24 grew gross profit by 3000% in the 2015 financial year to $4.8 million, after a $0.1 million loss in the previous corresponding period. In its annual report, the investment administrator also noted it expected to reach $2 billion in funds under ...

Feds still in a hole at the Jackson

BENJAMIN ONG  |  MONDAY, 31 AUG 2015
"You say it best when you say nothing at all." - Ronan Keating Or rather, they did - the voting and non-voting members of the Federal Reserve Open Market Committee (FOMC). Their conflicting stances did not settle the when of the lift-off issue one single ...

NAB exec to head AMP Bank

LAURA MILLAN  |  FRIDAY, 28 AUG 2015
National Australia Bank (NAB) chief financial officer of business and personal banking has been appointed managing director of AMP Bank. Sally Bruce will report to AMP group executive of advice and banking Rob Caprioli and will be responsible for all ...

Manus and Nauru are immoral and risky: super funds

LAURA MILLAN  |  THURSDAY, 27 AUG 2015
Governance concerns and member pressure were behind HESTA and NGS Super's decision to divest from Transfield, but a closer look at the company revealed considerable investment risk. "We looked at it and we saw that there are a lot of other companies ...

It's the Fed, stupid

BENJAMIN ONG  |  WEDNESDAY, 26 AUG 2015
Are we barking at the wrong tree? Let me rephrase that, we are barking at the wrong tree. It has been less than a month ago - before this wailing and gnashing of teeth - that bad China news brought hopes that central command would fight back with stimulus ...

AFA Female Excellence semi-finalists named

MARK SMITH  |  TUESDAY, 25 AUG 2015
The Association of Financial Advisers (AFA) and TAL have announced the semi-finalists for the 2015 AFA Female Excellence in Advice Award. Next Step Financial Group's Crystal Broadfoot, Perspective Financial Services' Esther Althaus, Carrington Financial ...

EQT joins Calastone network

ALEX BURKE  |  MONDAY, 24 AUG 2015
Equity Trustees (EQT) has joined Calastone's automated funds transaction network. As a result, EQT can reduce the administration burden associated with trade notifications and fund transactions. "Previously, our processes to trade with platform operators ...

Bangkok bombs and Malaysia's terror

BENJAMIN ONG  |  THURSDAY, 20 AUG 2015
The 2.7% drop in Thailand's SET index and the half a percent drop in the Thai baht to 38.58 versus the US dollar - the lowest since April 2009 -- dominated the financial press headlines the day after the night (17 August) Bangkok was bombed. As it should. ...