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Chief economist update: The devil's in the headline US payrolls number details

BENJAMIN ONG  |  TUESDAY, 8 JUN 2021
The US dollar weakened, so too did the yield on 10-year US Treasuries while the equity market's benchmark indices closed on the up and up as inflation expectations in Uncle Sam's county eased, calming concerns that the US Federal Reserve would ...

Macquarie subsidiary to acquire REIT

KARREN VERGARA  |  MONDAY, 7 JUN 2021
After its ninth attempt, Macquarie Agricultural Funds Management is set to acquire a real estate investment trust for $354.6 million. Vitalharvest Freehold Trust (VTH) accepted an offer price of $1.295 per share from MAFM on June 2. In November 2020 ...

Chief economist update: Home sweet home

BENJAMIN ONG  |  MONDAY, 7 JUN 2021
"Boom boom boom boom!" - Vengaboys The Australian property market should adopt this as its official anthem. The property craze in this Land Down Under is best portrayed by an article in the Daily Telegraph telling the story about "a mouldy 1970s house ...

Primewest accepts merger offer

ANNABELLE DICKSON  |  FRIDAY, 4 JUN 2021
... securities. Centuria has now declared the offer unconditional and will provide Primewest securityholders who accept prior to the close of the offer their consideration within five business days of acceptance. The Primewest board unanimously recommend ...

Frontier hires people and culture lead

JAMIE WILLIAMSON  |  THURSDAY, 3 JUN 2021
... responsible for people and culture for three years. In doing so, it has appointed Nicole Hartigan to the role. Hartigan spent close to a decade in HR at HLB Mann Judd, having joined from Grant Thornton in 2012. The appointment was effective last month ...

How noise impacts trading performance

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 JUN 2021
... the trading floor via headphones," Payzan-LeNestour said. "There is evidence that sound presented in peripersonal space (close to the head) is more arousing than sound presented further from the head (for example, if it emanates from the surroundings ...

GAM hires from BlackRock

JAMIE WILLIAMSON  |  TUESDAY, 1 JUN 2021
... Swiss manager is investing in its local business, adding to its product offering and hiring a senior manager from BlackRock. Close to three years since opening its Australian office, GAM Investments is growing the Sydney-based team with the addition ...

J.P. Morgan makes key APAC appointment

ELIZABETH MCARTHUR  |  MONDAY, 31 MAY 2021
J.P. Morgan Asset Management has appointed a lead strategist for sustainable investing in the Asia Pacific region. Tomomi Shimada has been appointed lead APAC sustainable investing strategist, in what J.P. Morgan said is part of its ongoing commitment ...

ATO cracks down on crypto

ANNABELLE DICKSON  |  MONDAY, 31 MAY 2021
The Australian Taxation Office is cracking down on cryptocurrency investors to report capital gains and losses in their tax returns after fears investors may think they are tax-free. The ATO estimates that 600,000 taxpayers have invested in crypto assets ...

Last day to vote in MAX Awards

ELIZABETH MCARTHUR  |  FRIDAY, 28 MAY 2021
Voting for the 16 th annual Financial Standard MAX Awards will close at midnight tonight. So far the nominees have received 17,303 votes in total. The MAX Awards celebrate outstanding marketing, advertising and sales professionals in the financial services ...