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Showing 2011 - 2020 of 5518 results for "September 2006"

Industry funds secure stake in QLD airport

JAMIE WILLIAMSON  |  MONDAY, 13 FEB 2017
Industry superannuation funds are ensuring their slice of Australia's infrastructure pie, investing in a 99-year lease of the Sunshine Coast Airport via Palisade Investment Partners. Following a competitive tender process comprising 17 domestic and ...

Mexican pain

BENJAMIN ONG  |  FRIDAY, 10 FEB 2017
"Sticks and stones may break my bones but words will never hurt me". But not for Mexico, it appears, especially when the words come from POTUS. US President Trump's rhetoric about "building a wall along the US-Mexican border"...and making Mexico pay ...

Buying American

BENJAMIN ONG  |  THURSDAY, 9 FEB 2017
"We will have so much winning if I get elected that you may get bored with winning." (Donald Trump) POTUS appears to be fulfilling another of his campaign promises if the latest stats on the country's international trade are anything to go by. The US ...

CBA to pay $23 million for poor advice

JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2017
The Commonwealth Bank will pay at least $23 million in compensation to customers found to have received inappropriate and costly financial advice. Promontory Financial Group confirmed it has completed all assessments of Commonwealth Financial Planning ...

Dwindling reserves

BENJAMIN ONG  |  WEDNESDAY, 8 FEB 2017
China's foreign exchange reserves continued to decline, falling by US$12.3 billion in January to US$2.988 trillion - the first time since February 2011 that reserves had fallen below the important psychological threshold of US$3 trillion. Though this ...

RBA joins the bulls in central bank shop

BENJAMIN ONG  |  WEDNESDAY, 8 FEB 2017
As expected, and following the lead from the three big central banks - BOJ, Fed, BOE - that met last week, the Reserve Bank of Australia (RBA) kept the official cash rate unchanged at 1.5% while at the same time offering a positive outlook on the global ...

Christmas not spent

BENJAMIN ONG  |  TUESDAY, 7 FEB 2017
Bah, humbug! This appears to be the message from the Australian Bureau of Statistics' (ABS) latest update on retail spending. The report showed that domestic retail sales fell by 0.1% in the month of December following a small 0.1% gain in the previous ...

Former Suncorp executive joins ME Bank

JAMIE WILLIAMSON  |  MONDAY, 6 FEB 2017
ME Bank recently welcomed a new addition to its board. Industry veteran John Nesbitt joined ME Bank as a director, having finished up as chief executive of Suncorp Banking and Wealth in September last year. Nesbitt brings more than 35 years' experience ...

Asset manager profits under pressure

ALEX BURKE  |  MONDAY, 6 FEB 2017
The end of a 30-year bull market in assets is putting pressure on asset managers' profit margins - and may mean the industry has reached its peak. In a recent Lipper Alpha Insight discussion, Financial Conduct Authority technical specialist - investment ...

Trump's tweets and deeds

BENJAMIN ONG  |  MONDAY, 6 FEB 2017
The times they are a-changin'. Three major central banks - the Bank of Japan (BOJ), the US Federal Reserve (Fed) and the Bank of England (BOE) - one day after another last week but did many give a hoot? Sure, it was hardly news because all three kept ...