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Showing 1811 - 1820 of 3273 results for "January 1 2016"

Super funds on track to post positive return this year

MARK SMITH  |  FRIDAY, 1 JUL 2016
The average default option for workplace super has returned an estimated 2.5% in the 2015/16 financial year, according to the analysis by Rainmaker. The headline performance number for the SelectingSuper Default Option Index includes a forecast drop ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 1 JUL 2016
Australia private sector credit The latest update on Australia's private sector credit provides a first look at the impact of the Reserve Bank of Australia's (RBA) cut in the official cash rate from 2.0% to 1.75% on the 3rd of May. Total private sector ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 21 JUN 2016
Japan external trade Latest trade data out of Japan conflicts with the BOJ's outlook - noted at its policy meeting last week - for "moderate expanding trend" in the economy. Japan registered a ¥40.72 billion deficit in May. While this is an improvement ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 15 JUN 2016
US retail sales A solid and faster than expected increase in US retail spending in May suggests that, perhaps, the Fed was correct in dismissing the highly disappointing May non-farm payrolls report as just "noise". Overall retail sales expanded for ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 14 JUN 2016
Australia business confidence "The RBA's cut to interest rates did not help lift business confidence as we had hoped, even as sales activity continues to improve." This was how National Australia Bank's (NAB) chief economist, Alan Oster interpreted ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 8 JUN 2016
RBA holds The Reserve Bank of Australia (RBA) kept domestic monetary policy settings steady at its 7 June Board meeting, announcing no change in the official cash rate which the central bank cut to a record low 1.75% at its 3 May meeting. "Taking account ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 7 JUN 2016
Australia ANZ job ads Continued improvement in the Australian labour market in the coming months. This is the indication from the ANZ's latest job advertisement tally. Total job ads increased by 2.4% - the fastest pace in eight months - 157,942 - the ...

Super funds reverse poor start to 2016

MARK SMITH  |  MONDAY, 6 JUN 2016
The SelectingSuper workplace default option MySuper Index showed a positive 1.4% monthly return in April which, combined with the positive return in March, has effectively reversed the negative results for January and February. The positive month contributed ...

IOOF appoints direct equities head

ALEX BURKE  |  MONDAY, 6 JUN 2016
IOOF has appointed a head of direct equities. Previously a senior equities analyst in the IOOF advice research team, Elan Miller will now oversee IOOF's direct equities research capabilities. Prior to joining IOOF in 2015, Miller was a portfolio manager ...

CBA offers more than $4m in compensation

KERRIE SYDEE  |  THURSDAY, 2 JUN 2016
The Commonwealth Bank of Australia (CBA) has offered $4,857,974 in compensation as part of its Open Advice Review program, which has seen over 9000 cases submitted for review. CBA independent expert, Promontory Financial Group, has released its fifth ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI
Apostle Funds Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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