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Showing 2031 - 2040 of 19571 results for "Ban"

Australian CPI accelerates to 7.3%

CASSANDRA BALDINI  |  THURSDAY, 12 JAN 2023
The Consumer Price Index (CPI) rose to 7.3% in the year to November, dragging inflation back up to its 32-year high. In October inflation dipped to 6.9%, showing signs of cooling off, however the elevated rise ahead of market expectation (7.2%) paints ...

World Bank warns of a sharp global growth decline

ANDREW MCKEAN  |  WEDNESDAY, 11 JAN 2023
The World Bank's Global Economic Prospects report forecasts declining global growth due to rising inflation, high interest rates and reduced investment. Fragile economic conditions have left the economy vulnerable to any new adverse developments, the ...

ART, Macquarie, PGGM partner on portfolio acquisition

ANDREW MCKEAN  |  WEDNESDAY, 11 JAN 2023
Australian Retirement Trust (ART), Macquarie Asset Management and the PGGM Infrastructure Fund have backed a Macquarie AirFinance acquisition. Macquarie AirFinance secured a US$2.2 billion portfolio from Aviation Lease and Finance Company (ALAFCO). ...

Australians neglecting their retirement: Super fund

CASSANDRA BALDINI  |  WEDNESDAY, 11 JAN 2023
Investment options continue to flood the market meaning there is no shortage of places to stash your cash, but one super fund says the modern-day investor has lost sight of their superannuation. While more Aussies are engaged with investing, they are ...

Business leaders optimistic in face of inflation

CHLOE WALKER  |  WEDNESDAY, 11 JAN 2023
While most Australian mid-size businesses are grappling with the challenges driven by inflation, nearly six in 10 feel confident about the global and national economy, according to a recent survey conducted by J.P. Morgan. The second annual Australia ...

BlackRock appoints APAC head of wealth

CASSANDRA BALDINI  |  TUESDAY, 10 JAN 2023
BlackRock has named veteran James Raby as its APAC head of wealth, based in Hong Kong. He will report into BlackRock chair and head of APAC Rachel Lord and replaces Guilherme Lima. With more than 15 years of experience at the firm, Raby has held various ...

2023 will be better for bonds: Experts

CASSANDRA BALDINI  |  TUESDAY, 10 JAN 2023
Last year marked the worst performance for bonds since the 1970s and while soaring inflation overshadowed this narrative, it remains an important economic storyline for investors. Stepping into a new year and shaking off the 2022 credit chaos the question ...

First Sentier hires chief risk officer

CASSANDRA BALDINI  |  MONDAY, 9 JAN 2023
First Sentier Investors (FSI) has appointed Jane Daniel as its new chief risk officer, based in London. She will report directly to FSI chief executive Mark Steinberg and join the executive leadership team. Daniel commenced the role last week after ...

Former fund manager employee permanently banned

CHLOE WALKER  |  MONDAY, 9 JAN 2023
... later used the managed accounts to buy those securities back from the private accounts at higher prices. In handing down the ban, ASIC stated that Kim was not fit and proper to provide one or more financial services because of his dishonest conduct and ...

AAT overturns ban on former Spaceship chair

CHLOE WALKER  |  MONDAY, 9 JAN 2023
The Administrative Appeals Tribunal (AAT) has overturned the two-year ban placed on former Spaceship Capital director, chair and responsible manager Paul Dortkamp. ASIC handed Dortkamp the ban in June 2022 following an investigation that found he failed ...