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Showing 171 - 180 of 625 results for "houses"

Chief economist update: Safe as burning houses

BENJAMIN ONG  |  MONDAY, 14 JAN 2019
"As safe as houses" is generally an expression which means with no risk of failure. The US sub-prime crisis (circa 2008-2009) showed us this is no longer the case. The continued drop in Australian property prices provides a warning sign that it could ...

ASIC to examine super fund and employer connections

HARRISON WORLEY  |  TUESDAY, 8 JAN 2019
... appearances at the Royal Commission, AMP lost a $250 million mandate to manage the Anglican National Super plan, which houses retirement savings for employees of the Anglican Diocese of Sydney. ASIC's new investigation may draw upon a body of work being ...

Australia's first active fixed income ETF goes live

KANIKA SOOD  |  TUESDAY, 20 NOV 2018
... and asset backed securities, currently with an average rating of AA. It has scooped up fixed income awards from rating houses Lonsec, Morningstar and Zenith this year and has delivered 3.18% per annum over a three-year period, beating the benchmark by ...

Chief economist update: As safe as Australian houses?

BENJAMIN ONG  |  THURSDAY, 8 NOV 2018
... dangerous, be careful. This is that immortal dialogue from the classic film, 'Marathon Man', released in movie houses in 1976. Babe: I don't know what you mean. I can't tell you something's safe or not, unless I know specifically ...

NAB still unclear on true impact of misconduct

KANIKA SOOD  |  FRIDAY, 19 OCT 2018
... impacts? Keogh said the committee had instances where the mischarged fee made the difference between people keeping their houses and losing them. "In looking in the compensation and the remediation that is going to be made to these customers, are you ...

Analysts await next Magellan move

KANIKA SOOD  |  TUESDAY, 9 OCT 2018
Ratings houses have taken a broadly positive view on Hamish Douglass' decision to step down as chief executive of Magellan. On October 4 Douglass essentially swapped roles with the firm's chair Brett Cairns with Cairns appointed chief executive. ...

LIT serves up junk bonds to SMSFs

KANIKA SOOD  |  MONDAY, 20 AUG 2018
... the risk is managed well, with the team looking for higher-quality bonds, ideally rated BB or B by the three major rating houses. "Junk bonds isn't really a suitable label, after all, these are bonds with big global companies like Mattel, Fiat, Hertz ...

Chief economist update: Look ma, inflation ate my wages

BENJAMIN ONG  |  THURSDAY, 16 AUG 2018
... disposable income in the March quarter (latest available) or shoot up to fresh record highs. That, or households lose their houses, their cars, their boats, shoes... their partners. Given these stats, hopes that retail spending goes back to its glory ...

Disability income insurance an ongoing concern: APRA

KARREN VERGARA  |  TUESDAY, 10 JUL 2018
... APRA over the last 12 months - particularly how it's offered outside of superannuation. The interplay between ratings houses and independent financial advisers recommending products with additional "bells and whistles" is an area APRA will target. ...

Aussie funds to access Asian markets

KANIKA SOOD  |  FRIDAY, 29 JUN 2018
Both houses of Federal Parliament yesterday passed the Asia Region Funds Passport (ARFP) bill that will open up Asian markets for Australian financial services companies. The legislation was tabled in late March. Wealth management industry data manager ...