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Showing 1671 - 1680 of 3879 results for "February"

Former adviser faces fraud charges

HARRISON WORLEY  |  MONDAY, 28 MAY 2018
... accepted an enforceable undertaking preventing Jayaweera from providing financial product advice to retail clients in February 2016. Civil proceedings were commenced by the regulator against Jayaweera and Growth Plus in October 2016, after the ATO wound ...

Chief economist update: A US dollar story

BENJAMIN ONG  |  TUESDAY, 22 MAY 2018
... the 23 December 2016, the Bloomberg US dollar index began its long descent before hitting a three-year low of 89.19 in February this year - a 13.4% depreciation. The US dollar has recovered 5% of its value since then. Recall that the greenback narrative ...

Retirement income paper open for consultation

KANIKA SOOD  |  FRIDAY, 18 MAY 2018
... in their super fund. The idea of introducing a retirement income covenant has been floating around for some time now. February saw Minister of Revenue and Financial Services Kelly O'Dwyer set up nine-person advisory group to help establish the scope ...

ASIC cancels Melbourne firm's AFSL

KANIKA SOOD  |  THURSDAY, 17 MAY 2018
... Melbourne-based advice firm, which was among a trio of companies that copped a $7.2 million fine from the corporate regulator in February. ASIC took Wealth & Risk Management Pty Ltd (WRM) to the Federal Court which found that WRM breached numerous financial ...

JPMAM names acquisitions officer for Australia and New Zealand

ALEX BURKE  |  THURSDAY, 17 MAY 2018
... we are adding resources like James with deep local and regional experience and a proven acquisition track record." In February, JPMAM underwent a strategic review which saw its Australian institutional and retail businesses consolidate. A JPMAM spokesperson ...

Chief economist update: BOE fails market expectations

BENJAMIN ONG  |  FRIDAY, 11 MAY 2018
... in his post-meeting press conference, BOE Governor Mark Carney stressed that the slowdown is due to adverse weather in February and March and that UK's underlying growth is much more resilient, citing the strong labour market and that while Brexit uncertainty ...

Chief economist update: When good oil goes bad

BENJAMIN ONG  |  THURSDAY, 10 MAY 2018
... (WTI) oil has risen by 17.6% to US$71.08/barrel this year to date and by 171.9% since the US$26.14/barrel low recorded in February 2016. Brent oil's performance is similar - up 15.6% so far this year and 196.7% up from January 2016's low of US$26.01/barrel. ...

CBA cops $25 million for BBSW rigging

KANIKA SOOD  |  WEDNESDAY, 9 MAY 2018
... to engage in unconscionable conduct in breach of the ASIC Act" while trading on the BBSW market on five occasions from February to June in 2012. The bank will also concede its policies and systems were inadequate for monitoring staff trading and communication ...

Chief economist update: Budget surplus can wait

BENJAMIN ONG  |  TUESDAY, 8 MAY 2018
... back some of the wealth to we, the people. According to the The Guardian, Scott Morrison "noted that tax receipts until February were running $4.8 billion higher than forecast by the Treasury last December, including a $1.2bn boost to income-tax receipts ...

Chief economist update: Talking trade tariffs

BENJAMIN ONG  |  FRIDAY, 4 MAY 2018
... US$57.7 billion in the previous month. The US deficit with China decreased by 11.6% to US$25.9 billion from 29.3 billion in February as China bought 26.3% more of US goods and services while selling 2.1% less to the US.