Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1681 - 1690 of 3316 results for "January 2017"

Confidence: the business/household divide

BENJAMIN ONG  |  WEDNESDAY, 14 JUN 2017
Yesterday's NAB Monthly Business Survey report confirmed that the first quarter slowdown in Australia's economic growth (to 1.7% from 2.4% in the December quarter) was anything but transitory. Although the business conditions index dipped by one point ...

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 ...

Macquarie pays the price for poor advice

JAMIE WILLIAMSON  |  FRIDAY, 9 JUN 2017
Macquarie Equities has shelled out almost $25 million in compensation in the past three years as part of its enforceable undertaking with ASIC. The corporate regulator published an update yesterday as to the remediation program's status, saying it is ...

Cloudy skies in the land of the rising sun

BENJAMIN ONG  |  FRIDAY, 9 JUN 2017
With the prices of Australia's major commodity exports - coal and iron ore -- trending lower this year, 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 ...

ASIC launches LIF instrument

KARREN VERGARA  |  TUESDAY, 6 JUN 2017
ASIC launched a new instrument cementing the maximum amount of fees and ongoing commissions advisers can charge on life insurance products as part of industry-wide reforms. The Life Insurance Commissions Instrument will cap advisers' commissions and ...

Education key in combatting elder financial abuse

JAMIE WILLIAMSON  |  TUESDAY, 6 JUN 2017
Financial advice practices will be able to equip staff with greater knowledge and understanding around identifying and preventing elder financial abuse through a selection of new education and training materials. Protecting Seniors Wealth has launched ...

US labour market covfefe

BENJAMIN ONG  |  MONDAY, 5 JUN 2017
America's non-farm payrolls report is called "The Mother of All Economic Reports" for nothing - it moves the US financial markets (and by extension, the global ones) up or down depending on the indications it presents when it's released. The US employment ...

Just what the doctor ordered

BENJAMIN ONG  |  FRIDAY, 2 JUN 2017
You've all heard, read and googled the news - the Australian dollar is taking a battering and is headed down, down. I first came across this when I read Michael Wilson's piece on Bloomberg, "The Australian Dollar's Outlook Darkens" (16 May). Back then ...

Yarra appoints investment operations manager from IOOF

ALEX BURKE  |  THURSDAY, 1 JUN 2017
Yarra Capital Management appointed a manager for investment operations. Andrew Pagoulatos joined Yarra in October from IOOF, where he was team lead, investment operations. Before that, he held multiple roles at Goldman Sachs, including executive director ...

No spend, no inflation

BENJAMIN ONG  |  TUESDAY, 30 MAY 2017
In its 'Summary of Opinions at the Monetary Policy Meeting on April 26 and 27, 2017', released on the 10th of May, the BOJ no longer spoke of an economic "recovery", instead it talked about an economic "expansion" - the most optimistic the BOJ had been ...