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Showing 1881 - 1890 of 5518 results for "September 2006"

Westpac Group results solid despite challenges

JAMIE WILLIAMSON  |  MONDAY, 6 NOV 2017
Westpac Group chief executive Brian Hartzer welcomed a solid full-year result for the group, driven in part by the $4 billion added to BT Financial Group's Panorama platform. Westpac reported a statutory net profit of $7.9 billion - up 7% year on year ...

BGL enhances life insurance solution

KARREN VERGARA  |  MONDAY, 6 NOV 2017
Self-managed super funds can now obtain quotes and review life insurance policies via SMSF admin software Simple Fund 360. Parent company BGL Corporate Solutions appointed AIA Australia as the underwriter and Australian Group Insurances (AGI) to provide ...

Changed RBA rate expectations?

BENJAMIN ONG  |  MONDAY, 6 NOV 2017
... to not grow. While the monthly figures show an improvement from decline of 0.3% in July and 0.5% in August to 0% in September (yes, no growth), the year-on-year tally shows the growth rate in retail spending slowing for the fourth straight month to 1.4% ...

More clarity needed on NAB redundancies

JAMIE WILLIAMSON  |  FRIDAY, 3 NOV 2017
The Financial Sector Union of Australia is concerned with NAB's lack of detail provided around plans to cut almost 20% of its staff by 2020. The FSU responded to the news of planned job cuts by demanding urgent talks with NAB chief executive Andrew ...

ASIC reviews RG97 impact

KARREN VERGARA  |  THURSDAY, 2 NOV 2017
ASIC announced it will conduct an external review on the effects of the Regulatory Guide 97 fee disclosure reforms, and will again extend its previous September 30 compliance deadline. ASIC said the move was in response to the industry's outcry around ...

SMSF balance gap to close: Report

KARREN VERGARA  |  THURSDAY, 2 NOV 2017
The superannuation reforms could narrow the growing self-managed super fund balance gap between male and female members, latest Class insights show. Men typically have 37% more assets than women, and between the ages of 60 and 80 men can retire with ...

Fed does the expected, will do as expected

BENJAMIN ONG  |  THURSDAY, 2 NOV 2017
... Yellen's measure of labour market slack, the U-6 unemployment rate has declined sharply from 8.6% in August to 8.3% in September - the lowest rate since pre-GFC (8.3% in February 2007). This is now putting upward pressure on wages. Total compensation ...

Surefire Melbourne Cup bet

BENJAMIN ONG  |  MONDAY, 30 OCT 2017
... it's not 6%. The acceleration in the annual growth rate in employment offers good tidings - up 3.1% in the year to September - the fastest rate since September 2008 - from 2.7% in the previous month. Increasing demand for labour should soon bring the ...

ECB schedules taper

BENJAMIN ONG  |  FRIDAY, 27 OCT 2017
The European Central Bank's (ECB) October monetary policy meeting ended financial market speculations over its QE exit strategy. ECB president Mario Draghi did what he telegraphed he would -- discuss QE unwind strategy in October - and offered something ...

Netwealth lodges prospectus for IPO

KARREN VERGARA  |  TUESDAY, 24 OCT 2017
Netwealth is set to list on the ASX from November 20 with market capitalisation expected to be at $879.2 million. The investment platform provider today filed a prospectus with ASIC offering 71.3 million shares at $3.70 per share, expecting to raise ...