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Showing 2011 - 2020 of 4547 results for "October"

Life insurer definitions clashing: Regulators

KARREN VERGARA  |  TUESDAY, 14 NOV 2017
... "significant priority" to the Parliamentary Joint Committee on Corporations and Financial Services on life insurance in October. "There's a lot of work that needs to take place within the industry to ensure that they are categorising claims outcomes ...

KPMG appoints wealth management strategy lead

EMMA RAPAPORT  |  TUESDAY, 14 NOV 2017
... chief executive Kevin Bungard flagged AMP's plans to migrate off the platform at the group's annual general meeting in October. While no timeframe has been specified, Bungard said this was because of AMP's SuperConcepts business, which functions as a ...

Less liquidity to lessen risk

BENJAMIN ONG  |  TUESDAY, 14 NOV 2017
... reduce liquidity in the system are starting to have an impact. China's M2 money supply went up by 8.8% in the year to October after rising by 9.2% in the previous month. Not only is this lower than market expectations for a 9.2% gain, it is also the ...

Taxing times

BENJAMIN ONG  |  MONDAY, 13 NOV 2017
... which is the fastest growth rate since the March 2015 quarter. The unemployment rate dipped to a 17-year low of 4.1% in October from 4.2% in the previous month and 4.8% at the start of the year. Forward indicators point to continued growth. While the ...

China's inflation lift indicates strong demand

BENJAMIN ONG  |  FRIDAY, 10 NOV 2017
Assessed in tandem with the previous day's report of a narrowing in China's international trade surplus in October, the latest update on the country's inflation indicates the central government's progress towards rebalancing the economy. China's CPI ...

China trade deficit with Australia widens

BENJAMIN ONG  |  THURSDAY, 9 NOV 2017
... Donald's displeasure with the US-China trade imbalance. China's trade surplus contracted sharply to US$38.2 billion in October from US$48.4 billion in the same month last year. This is less than market expectations for a US$39.5 billion outcome as growth ...

Oil's gift to central bankers

BENJAMIN ONG  |  TUESDAY, 7 NOV 2017
... indicating that the expansion in the global economy continues to accelerate. The Global Composite PMI increased to 54.0 in October from 53.9 in the previous month. While only a slight increase over the month, "The headline index has signalled growth ...

Westpac Group results solid despite challenges

JAMIE WILLIAMSON  |  MONDAY, 6 NOV 2017
... reported a 147% increase in funds under administration on Panorama, up to $6.7 billion from $2.7 billion. As at the end of October, Panorama holds more than $7.3 billion in FUA. Fuelling this, the number of advisers using Panorama has doubled each month ...

Changed RBA rate expectations?

BENJAMIN ONG  |  MONDAY, 6 NOV 2017
... Westpac-MI consumer sentiment report that showed optimists outnumbering pessimists for the first time in 11 months in October (up 101.4 from 97.9 in September) and the improving labour market (the unemployment rate dropped to 5.5% in September from 5.6% ...

Melbourne boutique shutters under passive pressure

JAMIE WILLIAMSON  |  THURSDAY, 2 NOV 2017
... superannuation and industry fund landscape has posed a further challenge to our business," the letter reads. As of 31 October, the fund was closed to any further issue or redemption of units. Any applications for units or redemption requests made prior ...