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Showing 1741 - 1750 of 5241 results for "Money101"

Federal Court shuts down Linchpin and Endeavour Securities

KARREN VERGARA  |  TUESDAY, 26 MAR 2019
ASIC has helped put Endeavour Securities and Linchpin Capital Group into liquidation. The Federal Court also ordered the registered scheme operated by Endeavour and the unregistered scheme operated by Linchpin - both called the Investport Income Opportunity ...

VanEck launches hedged version of $520m ETF

KANIKA SOOD  |  MONDAY, 25 MAR 2019
VanEck has launched a hedged version of a $520 million that invests in MSCI Ex Australia using quality as a factor. The newly-listed VanEck Vectors MSCI World ex Australia Quality (Hedged) ETF tracks a hedged version of the same index tracked by the ...

Banks move to derisk, workforces shrink

KANIKA SOOD  |  MONDAY, 25 MAR 2019
Australian employment figures and economic outlook could take a hit as major banks move to derisk their businesses by hiving off wealth and financial advice businesses. Westpac has announced it is exiting personal financial advice. Commonwealth Bank ...

Financial Standard names editor

KARREN VERGARA  |  THURSDAY, 21 MAR 2019
Financial Standard will welcome a new editor following the acquisition of Money magazine. Senior journalist Jamie Williamson will move into the top job on 25 March, succeeding Darren Snyder who has been appointed managing editor of Money. Williamson ...

Rainmaker Group acquires Money magazine

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAR 2019
Rainmaker Group has acquired Money magazine from Bauer Media. Rainmaker Group confirmed today its transaction with Bauer to acquire the iconic Australian title is complete. Money will become Rainmaker's key consumer title under its media division ...

Neilsons sell 10% of Platinum

KANIKA SOOD  |  WEDNESDAY, 20 MAR 2019
Billionaire fund manager Kerr Neilson and philanthropist Judith Neilson sold $300 million of their stake in Platinum Asset Management, to put money towards philanthropy and personal investments. The Platinum co-founder now has a retaining control over ...

Westpoint investors to receive $1.5m

HARRISON WORLEY  |  WEDNESDAY, 20 MAR 2019
A class action launched by ASIC has seen $1.5 million return to investors in Westpoint Group. More than 200 former Wespoint investors who were members of a class action moved against Brighton Hall Securities by the corporate regulator will see $1.5 ...

Unions have right to express views: Combet

KANIKA SOOD  |  TUESDAY, 19 MAR 2019
Industry Super Australia chair Greg Combet says the ACTU had the right to express its views and the law ensures that only what is in members' interest get through a superannuation trustee board. Last week, Australian Council of Trade Unions president ...

Banks must prioritise NPP, says Reserve Bank

ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
The $1 billion New Payment Platform seems to be another headache for the big banks. Reserve Bank governor Philip Lowe asked the chief executives of the big four to confirm they are putting significant resources into rolling out the high speed payment ...

Chief economist update: The AUD's resilience

BENJAMIN ONG  |  TUESDAY, 19 MAR 2019
The Reserve Bank of Australia (RBA) will release the minutes of its March 5 board meeting - when it decided to keep interest rates unchanged at a record low 1.5% - today. I imagine that the men and women of the RBA board would have discussed the slowing ...