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Showing 1721 - 1730 of 5515 results for "September 2005"

Mutual expands wealth management leadership

HARRISON WORLEY  |  THURSDAY, 31 MAY 2018
One of Australia's oldest mutual companies is expanding the leadership of its wealth management division, appointing a general manager of commercial and structured finance. Australian Unity is appointing Emily O'Brien to the newly created role. ...

Estate planning lawyer fined for misconduct

KANIKA SOOD  |  WEDNESDAY, 30 MAY 2018
A solicitor who witnessed a client's estate planning documents before they had been signed by the testator or donor recently copped a $3000 fine and escaped being struck off the Roll. Martin Dubler is on the Supreme Court of New South Wales Roll ...

Chief economist update: Should have sold in May and gone away

BENJAMIN ONG  |  TUESDAY, 29 MAY 2018
The sharp turnaround in the All Ordinaries index from the 2018 low of 5859.15 points plumbed on April 3 to 6234.95 points - 6.5 points short of this year's high of 6241.46 points (January) - by May 14 it had almost prompted me to declare that 2018 ...

Former adviser faces fraud charges

HARRISON WORLEY  |  MONDAY, 28 MAY 2018
A former financial adviser permanently banned by ASIC in 2016 has appeared in court, charged with $5.9 million of fraud. Ben Jayaweera has been charged with six counts of fraud for allegedly causing detriment to clients whilst an authorised representative ...

CBA sells interests in Chinese insurer

JAMIE WILLIAMSON  |  WEDNESDAY, 23 MAY 2018
Commonwealth Bank has offloaded its stake in a Chinese life insurance joint venture for $668 million. CBA sold its 37.5% equity interest in BoComm Life Insurance to Japanese insurer Mitsui Sumitomo as per a condition of the bank's sale of its Australian ...

Chief economist update: Forget asking for a pay rise

BENJAMIN ONG  |  FRIDAY, 18 MAY 2018
It's good and...it's bad. The statistician's estimates of the Australian labour market for April provide something to crow about for the optimists and the pessimists alike. As the bulls would have it (that includes the Coalition government ...

Chief economist update: Onwards and downwards to a recession?

BENJAMIN ONG  |  THURSDAY, 17 MAY 2018
Now look at what you've done. It's over! Japan's eight consecutive quarters of expansion is no more. Preliminary estimates show the country's real GDP contracted by 0.2% in the March quarter, more than reversing the 0.1% gain in the ...

Chief economist update: Stuck in the very slow lane

BENJAMIN ONG  |  WEDNESDAY, 16 MAY 2018
Now we know. Growth in Australian wages remained stuck cruising at a low altitude of 2.1% in the March 2018 quarter, unchanged from the previous quarter and the quarter before that. Take these annual growth rates to two decimal places and we find that ...

Pension fund CIO departs

JAMIE WILLIAMSON  |  TUESDAY, 15 MAY 2018
The chief investment officer at one of the world's largest pension funds has resigned, citing family reasons. The California Public Employees' Retirement System (CalPERS) announced Ted Eliopoulos will leave at the end of the year, with the search ...

Chief economist update: New RBNZ Governor maintains old policy

BENJAMIN ONG  |  MONDAY, 14 MAY 2018
The prevailing global dynamics of tight labour markets and low inflation is not the sole purview of big developed economies. It's happening in the US - the biggest economy in the world (US$18.6 trillion in 2016, according to World Bank estimates) ...