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Showing 2081 - 2090 of 5511 results for "September 2008"

ANZ mulls selling wealth business

ALEX BURKE  |  THURSDAY, 3 NOV 2016
ANZ says the sale of its wealth management business is a possible scenario that has been thought about "for some time." In releasing the bank's full-year results today, ANZ chief executive Shayne Elliott told a media briefing its wealth business is ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 3 NOV 2016
Australia building approvals New figures released by the Australian Bureau of Statistics show that the total number of dwelling units approved dropped by 8.7% over the month of September, less than market expectations for a 3.0% decline and follow a ...

FirstChoice Alternatives adds new macro manager

KERRIE SYDEE  |  WEDNESDAY, 2 NOV 2016
Colonial First State's FirstChoice Alternatives portfolio has added a new macro investment manager and hit a new funds under management milestone. London based discretionary macro manager H20 Asset Management was recently added to the portfolio, taking ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 1 NOV 2016
Australia private sector credit Total private sector credit increased by 0.4% in September - in line with market expectations - following similar gains in the previous two months. Credit to housing and to business went up by 0.5% (from up 0.5% in August) ...

McMillin exits TWUSuper again

JAMIE WILLIAMSON  |  MONDAY, 31 OCT 2016
Twice-serving TWUSuper chief executive Bill McMillin has retired from the fund. According to the TWUSuper website, chief financial officer Frank Sandy has taken on the role of acting chief executive until a suitable replacement is found, with Wayne ...

Raising rates on soybeans

BENJAMIN ONG  |  MONDAY, 31 OCT 2016
The US economy just recorded its fastest rate of expansion since the third quarter of 2014 and at a seasonally adjusted annualised rate of 2.9%, the September quarter's scorecard is more than double the previous period's 1.4% increase and also better ...

Macquarie reports $1bn net profit

ALEX BURKE  |  FRIDAY, 28 OCT 2016
Macquarie has reported a net profit of $1.05 billion for the first half of 2017. This figure is down 2% on the prior corresponding period, but up 8% on 2H16. Operating income was up 8% on the previous six months to $5.2 billion. The group has declared ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 28 OCT 2016
... into contraction (to -4.1% from -2.6%). US pending home sales Sales of existing homes rose by 1.5% in the month of September - the fastest rate in five months -- versus a 2.5% decline in August and expectations for a 1.2% lift. The year-on-year rate ...

Challenger reveals key annuity relationships

KERRIE SYDEE  |  THURSDAY, 27 OCT 2016
Challenger has announced two new annuity relationships with Australian and international partners. Challenger's full range of annuity products will now be available through AMP's investment and administration platforms and will also be available through ...

CPI says RBA no go on Melbourne Cup Day

BENJAMIN ONG  |  THURSDAY, 27 OCT 2016
You can bet the house on your favourite steed come 1 November, Melbourne Cup Day, but not on the Reserve Bank of Australia (RBA) shaving another 25 basis points off the official cash rate that currently stands at a record low 1.5%. This is the message ...