Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2111 - 2120 of 6939 results for "% December"

Chief economist update: US recession in the offing

BENJAMIN ONG  |  MONDAY, 3 JUN 2019
"On June 10th, the United States will impose a 5% Tariff on all goods coming into our Country from Mexico, until such time as illegal migrants coming through Mexico, and into our Country, STOP. The Tariff will gradually increase until the Illegal Immigration ...

Life insurers post strong March quarter

KANIKA SOOD  |  FRIDAY, 31 MAY 2019
Latest APRA life insurance stats show the life insurance industry turned a $536 million net profit after tax in the first three months of 2019 after a loss-making December quarter, but full-year results are still bleak. The industry reported a net profit ...

Chief economist update: ECB exit proves premature

BENJAMIN ONG  |  FRIDAY, 31 MAY 2019
If there's anything that's 100% certain, it is that the European Central Bank (ECB) will keep current interest rate settings unchanged - repo at 0.00%; marginal lending facility at 0.25%; deposit facility at -0.40%. Although, given the mounting ...

Bank appoints new chair

KANIKA SOOD  |  WEDNESDAY, 29 MAY 2019
Bank of Queensland has announced a new chairman elect, with the incumbent set to retire after six years in the role. Roger Davis will retire as chair following BOQ's full year results in October 2019 and will leave the board. BOQ has appointed Patrick ...

Chief economist update: The power of one

BENJAMIN ONG  |  TUESDAY, 28 MAY 2019
"The heat is on, the heat is on, the heat is on Oh it's on the street, the heat is on..." - Glenn Frey Oh yes, Virginia, the Reserve Bank better deliver a cut in interest rates when its board meets next week (June 4) or there'll be a lot of ...

Former Vanguard broking and wealth expert joins Bell Direct

KARREN VERGARA  |  MONDAY, 27 MAY 2019
A former iShares and Vanguard broking and private client adviser expert has joined Bell Direct as head of sales and marketing. Tim Sparks was appointed in the newly-created position, responsible for leading the sales and marketing function across Bell ...

Former OneVue exec joins listed fund manager

ELIZABETH MCARTHUR  |  MONDAY, 27 MAY 2019
The former head of distribution for platform services at OneVue has joined an ASX-listed investment manager. Stephen Karrasch has been appointed as head of distribution at Clime Investment Management. Karrasch served as OneVue's head of distribution ...

ASIC bans adviser over super theft

ELIZABETH MCARTHUR  |  THURSDAY, 23 MAY 2019
ASIC has banned a financial adviser who stole clients' superannuation savings. Daniel McSweeny was banned from managing companies for five years after ASIC determined he disregarded his duties as a director. Last year he was charged with 20 dishonesty ...

Sunsuper, corporate super fund merge

JAMIE WILLIAMSON  |  WEDNESDAY, 22 MAY 2019
Sunsuper has completed another merger, integrating a 74-year-old corporate superannuation fund. CBH Super, the Perth-based corporate super fund of the CBH Group, was merged into Sunsuper on April 29. It marks Sunsuper's fourth merger in the last ...

APRA flexes new muscles

HARRISON WORLEY  |  WEDNESDAY, 22 MAY 2019
APRA has invoked its new powers for the first time, directing IOOF and its superannuation entities to implement and maintain an Office of the Superannuation Trustee (OST) within the group or risk facing a financial penalty. The move comes after IOOF ...