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Showing 2131 - 2140 of 6216 results for "SIX"

Chief economist update: A new currency is born

BENJAMIN ONG  |  TUESDAY, 21 AUG 2018
Want a massive pay rise? An immediate 3464% (no typos there, it's a three thousand four hundred and sixty four percent) bump up in your wages? Pack your bags and move to Venezuela! You'll have to thank Venezuelan President Nicolas Maduro for ...

ASIC defends enforceable undertakings at Royal Commission

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
... are parties," he said. Closing submissions and findings are due to be released August 24. He has also sought submissions on six areas - including from members of public, to an August 31 deadline. Earlier this week the Governance Institute said it believed ...

Chief economist update: Don't mind the gap

BENJAMIN ONG  |  FRIDAY, 17 AUG 2018
... settled at 5.3% in July. A small 0.1% tick down from the previous month it may be but it's the lowest level in almost six years (November 2012) and more importantly, the 5.3% number matches exactly the OECD's estimate of Australia's NAIRU ...

Frequent traders re-evaluate broking landscape

DARREN SNYDER  |  THURSDAY, 16 AUG 2018
... minimum," Guiamatsia said. The number of Australian retail online investors surpassed 700,000 for the first time, up from 645,000 six months ago. "In the first half of 2018, the three engines of growth were firing on all cylinders," Guiamatsia said. ...

Chief economist update: Look ma, inflation ate my wages

BENJAMIN ONG  |  THURSDAY, 16 AUG 2018
"Wage growth in Australia has grown at an annual rate of 2.1%, continuing to stabilise between 2-2.1% over the past four quarters." That's the positive spin from ABS chief economist Bruce Hockman. Not necessarily negative - wages are still growing ...

Financial services confidence continues spiral

DARREN SNYDER  |  WEDNESDAY, 15 AUG 2018
... following a turbulent 12 months in Australia's banking finance and insurance industry." The Australian Ethics Index has fallen six points since 2017 - from 41 to 35 - dragged down by the poor perception of ethics in the banking sector. Burrell said ...

CFS and a messy MySuper transition

KANIKA SOOD  |  TUESDAY, 14 AUG 2018
Colonial First State's messy MySuper transition came under the Royal Commission's lens on Tuesday. Taking the witness box, Colonial First State executive general manager Linda Elkins told the Commission CFS initially failed to transition 13,000 members ...

Former advice specialist hired as Zenith analyst

KANIKA SOOD  |  THURSDAY, 9 AUG 2018
... financial advice clients," Yap said. In January, Stephen Colwell who had worked at Kearney Group as a financial adviser for about six years was hired as a Zenith investment analyst. Then in February, Zenith hired former KRA Wealth Management adviser ...

Farmers should urgently access super: Advisers

KARREN VERGARA  |  TUESDAY, 7 AUG 2018
... for changes to super hardship policy. Certified Financial Planners Julie Matheson and Peter Roan are proposing for an urgent six month amnesty on superannuation hardship rules as they fear the Government's relief package may not reach the farmers ...

ASIC staff to investigate institutions from the inside

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
... is well resourced to combat misconduct in the financial services industry. The funding will support the implementation of six key measures, including $8 million for a new supervisory program in which ASIC staff will be embedded within Commonwealth Bank ...