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Showing 2221 - 2230 of 5917 results for "March 22"

Former Provident Capital MD still banned but allowed procedural fairness

DARREN SNYDER  |  THURSDAY, 22 MAR 2018
The Federal Court has upheld ASIC's five-year disqualification of the former managing director at Provident Capital but found the Administrative Appeals Tribunal denied the MD procedural fairness in its hearing. ASIC explained that on 20 February 2015 ...

Chief economist update: Home cooling

BENJAMIN ONG  |  WEDNESDAY, 21 MAR 2018
The Australian Bureau of Statistics (ABS) released figures showing that the annual growth rate in Australian residential property prices continued to ease in the December 2017 quarter. The "weighted average of eight capital cities" residential property ...

Wealth firm appoints chief financial officer

DARREN SNYDER  |  TUESDAY, 20 MAR 2018
The financial services group formerly known as Austock is in the final stages of its rebrand, welcoming a new chief financial officer and formalising its new ASX code and website. Generation Development Group, the parent firm of Generation Life (formerly ...

Government reappoints ASIC executives, creates new role

KANIKA SOOD  |  MONDAY, 19 MAR 2018
The Federal Government has reappointed ASIC's deputy chair and a commissioner in addition to creating a new role for a second deputy chair. Federal Minister for Revenue and Financial Services Kelly O'Dwyer said ASIC deputy chair Peter Kell and commissioner ...

Super industry wants tougher insurance code

KARREN VERGARA  |  MONDAY, 19 MAR 2018
Industry stakeholders expect 90% of Australia's superannuation funds to sign the Insurance in Superannuation Voluntary Code of Practice before March 31, despite its several shortcomings. ANZ, AustralianSuper, MLC, MTAA Super, REST Industry Super and ...

Chief economist update: Plotting the dots

BENJAMIN ONG  |  MONDAY, 19 MAR 2018
The Fed meets this week and it's almost as good as gold that it will announce another gentle 25 basis points hike, taking the fed funds rate to 1.5%-1.75% - CME FedWatch Tool has the probability of a rate hike at 94.4% - when the US central bank concludes ...

Chief economist update: Hostage to speculations

BENJAMIN ONG  |  FRIDAY, 16 MAR 2018
The Bank of Japan (BOJ) faces an uphill battle in its quest to normalise monetary policy if economic and financial market agents continue to "hear what they want to hear and see what they want to see." The yen rose to its highest level since November ...

Successful implementation of super code critical

STEPHEN FAY, JAMIE WILLIAMSON  |  THURSDAY, 15 MAR 2018
The Conference of Major Super Funds saw discussion on the Insurance in Superannuation Voluntary Code of Practice move to issues of implementation as the code's subscription deadline looms. Superannuation funds have until March 30 to indicate whether ...

Chief economist update: She'll be right, mate!

BENJAMIN ONG  |  THURSDAY, 15 MAR 2018
"She'll be right, mate!" The latest business and consumer sentiment surveys illustrate the truism of this Australian idiom. Conducted from 16 February to 23 February 2018 - when the financial markets were in upheaval - the NAB business survey showed ...

Skyring names new head of distribution

ALEX BURKE  |  TUESDAY, 13 MAR 2018
Skyring Asset Management has appointed a new head of distribution. Sam Benjamin joins Skyring from Smarter Money Investments, where he was an investment consultant. Prior to that, he was a regional sales manager in New South Wales and Western Australia ...