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Showing 2081 - 2090 of 6256 results for "December 19"

CBA stashes cash for compliance

DARREN SNYDER  |  WEDNESDAY, 12 DEC 2018
Commonwealth Bank will put aside an additional $350 million in 2019 to cover larger than expected costs for compliance and remediation programs as well as its separation from CommInsure Life. In an update to the ASX on Tuesday evening, CBA said its ...

Chief economist update: Aussie property market drop becoming self-fulfilling

BENJAMIN ONG  |  TUESDAY, 11 DEC 2018
We got chills, they're multiplying... How could something so good turn out to be so bad? It was all very good just as 2017 was turning into 2018... so good, that financial markets were pencilling in exit strategies from the world's major economies ...

ASIC appoints second deputy chair

KARREN VERGARA  |  FRIDAY, 7 DEC 2018
ASIC has filled its second deputy chair position to replace Peter Kell, who finished up yesterday. Outgoing Productivity Commission deputy chair and commissioner Karen Chester will commence on 28 January 2019 for a five-year period. Chester was appointed ...

Chief economist update: A prelude to a rate cut?

BENJAMIN ONG  |  FRIDAY, 7 DEC 2018
Could it be? Could it be that the Reserve Bank of Australia (RBA) is now pondering the likelihood that the next move in interest rates is down rather than up? In early June this year, I put forth a thesis that long stretches of steady interest rates ...

Superannuation fund comparison tool launches

KARREN VERGARA  |  THURSDAY, 6 DEC 2018
A new platform that makes it easier to compare superannuation funds and switch to better, high-performing investments has soft launched. Roll-it Super helps boost super fund choice for employees by providing monthly performance, fees and benefits for ...

Perpetual hires former Macquarie exec

KANIKA SOOD  |  WEDNESDAY, 5 DEC 2018
Perpetual has made two key appointments to its executive leadership team, including a former Macquarie executive. Sam Mosse is taking on the newly-created role of chief risk officer. She has previously worked as Macquarie Funds Group's and KPMG's head ...

Industry fund hires executives

KANIKA SOOD  |  WEDNESDAY, 5 DEC 2018
An $11 billion industry superannuation fund has created two new executive executive roles that report directly to the chief executive officer. Local Government Super, which manages superannuation investments for employees in NSW local governments, has ...

Why indexing is big business

KARREN VERGARA  |  TUESDAY, 4 DEC 2018
With over three million active benchmarks across the globe growing exponentially, the changing nature of index providers is becoming increasingly more relevant in the investment process. The disproportionate ratio of stocks to indices shows no sign ...

Chief economist update: RBA more likely to cut

BENJAMIN ONG  |  MONDAY, 3 DEC 2018
The Reserve Bank of Australia (RBA) painted an optimistic picture of the global and domestic economies when it held its policy meeting last month (6 November) before concluding that "...the stance of monetary policy unchanged at this meeting would be ...

Investment manager chair retires

DARREN SNYDER  |  FRIDAY, 30 NOV 2018
The chairman at one of Australia's largest institutional investors, and a long-time industry superannuation fund advocate, will retire next week. IFM Investors chair Garry Weaven will leave his role at the firm's board meeting on December 4, and ...