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Showing 1811 - 1820 of 3268 results for "January 29"

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 ...

Retirees face deflationary conundrum

DARREN SNYDER  |  THURSDAY, 2 JUN 2016
Retirees' cost of living reduced in the first three months of 2016 but it doesn't mean they are necessarily any closer to achieving adequate retirements. The Association of Superannuation Funds of Australia has released its Retirement Standard quarterly ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 2 JUN 2016
Australia GDP Australia's economic growth accelerated in the first quarter of 2016. Real GDP expanded by 1.1% in the March quarter - up from the 0.7% increase recorded in the fourth quarter 2015 and significantly higher than market expectations for ...

Lack of resources impacting ASIC

KERRIE SYDEE  |  WEDNESDAY, 1 JUN 2016
The latest licensing activity report released by ASIC reveals that the number of Australian financial services (AFS) applications approved was lower than the two preceding periods, citing a lack of staff and resources as one of the main reasons for ...

SMSFs granted ATO extension over LRBAs

DARREN SNYDER  |  TUESDAY, 31 MAY 2016
An extension for self-managed superannuation fund trustees to ensure their Limited Recourse Borrowing Arrangements are "an arm's length" dealing has been welcomed by the SMSF Association. SMSF Association chief executive Andrea Slattery said the seven ...

Small-caps can improve investment trade-offs

DARREN SNYDER  |  TUESDAY, 31 MAY 2016
There is a case for global small-cap equities in Australian balanced portfolios to improve return and risk trade-offs according to a new joint research paper. The analysis suggests that an unhedged global small-cap stock allocation, weighted up to 5% ...