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

Search Results

Showing 2211 - 2220 of 5511 results for "September 2008"

ASIC hands Allegianz six month suspension

KERRIE SYDEE  |  FRIDAY, 1 APR 2016
ASIC has placed a six month suspension on Melbourne-based Allegianz's Australian Financial Services Licence (ASFL) for failing to comply with a number of key obligations. In a statement the regulator said that Allegianz had failed to lodge auditor reports ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 1 APR 2016
Australia private sector credit The A$ has weakened slightly after climbing to a nine-month high of US$0.7723 overnight. But at the latest exchange of US$0.7667, it remains 5.0% higher than its level at the start of 2016 and 11.7% up from this year's ...

International pension fund creates stewardship group

DARREN SNYDER  |  THURSDAY, 24 MAR 2016
One of the world's largest pension funds has established a "Stewardship Enhancement Group" as part of an obligation it sees to increase understanding of responsible investment principles. Japan's Government Pension Investment Fund (GPIF) recently created ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 24 MAR 2016
Brazil unemployment The unemployment rate in Latin America's biggest economy jumped to 8.2% in February from 7.6% in the previous month. This is slightly higher than expectations for a rise to 8.1% but is the highest since May 2009. Hardly surprising ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 23 MAR 2016
Australia residential property price index Residential property prices in Australia's eight capital cities (weighted average) increased by 0.2% in the December quarter. Though still higher than market expectations for 0% growth, the fourth quarter growth ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 22 MAR 2016
US existing home sales The National Association of Realtors reported that total sales of previously owned houses dropped by 7.1% to a seasonally adjusted annual rate of 5.08 million units in February - more than double consensus expectations for a 3.0% ...

Retail managed funds rose strongly in 2015

MARK SMITH  |  FRIDAY, 18 MAR 2016
The retail managed fund industry saw marked growth in the 2015 posting 7.5% growth in funds under management, according to figures from Plan For Life. The numbers show retail managed fund assets under management grew to $748.8 billion in what the researcher ...

Not enough super users: Mercer

DARREN SNYDER  |  FRIDAY, 18 MAR 2016
Australia's retirement system is good but it could be doing better in several areas according to a modeling tool that tracks 10 of the industry's key indicators. The latest data coming from the AIST Mercer Super Tracker shows Australia's superannuation ...

SuperStream sees 70% of member contributions

ALEX BURKE  |  WEDNESDAY, 16 MAR 2016
Over 70% of members' superannuation contributions to APRA-regulated funds are being sent through SuperStream, according to ATO figures. The new electronic payment standard saw 22.8 million contribution transactions in the September 2015 quarter alone. ...

RBNZ cuts rates, biased towards further easing

BENJAMIN ONG  |  THURSDAY, 10 MAR 2016
It was unexpected but not a total surprise. The Reserve Bank of New Zealand (RBNZ) cut the official cash rate by 25 basis points to 2.25% contrary to consensus expectations that the New Zealand central bank will keep interest rates unchanged after this ...