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Showing 2231 - 2240 of 5518 results for "September 2006"

Financial services adding more to economy than mining

MARK SMITH  |  FRIDAY, 26 FEB 2016
Financial services contributed more to the economy than any other industry in the 12 months to 30 September 2015, according to a joint Financial Services Council (FSC) and UBS report. Figures in the second annual State of the Industry Report show that ...

Australian wages grow slowest on record but real is better

BENJAMIN ONG  |  THURSDAY, 25 FEB 2016
The Australian Bureau of Statistics' (ABS) latest update on wages may have disappointed expectations but also confirmed what workers have been experiencing all along. The Wage Price Index - total hourly rates of pay excluding bonuses - grew by 2.2% ...

Funds under management to hit $8tr by 2035: research

MICHELLE BALTAZAR  |  FRIDAY, 19 FEB 2016
Competition will intensify among the country's largest fund managers as research forecast the size of the wealth management market to reach $8 trillion by 2035, at a bare minimum. In the latest Rainmaker Roundup report on funds under management (FUM) ...

Aussie jobs trend is our friend

BENJAMIN ONG  |  FRIDAY, 19 FEB 2016
Another month, another surprise set of numbers from "6202.0 - Labour Force, Australia". In December, 'twas a positive surprise with Australian employment shedding only 1,000 heads (now revised to just an 800 cut) versus expectations for a 12,500 reduction. ...

Adviser roadshow shines light on modern-day advice

MICHELLE BALTAZAR  |  THURSDAY, 18 FEB 2016
Financial advisers took home plenty of business tips at an adviser roadshow yesterday - and many of them are refreshingly unconventional. The main function centre of Doltone House, overlooking the waterfront view of Jones Bay Wharf in Sydney, was the ...

Life insurance profits leap 31pct

MARK SMITH  |  TUESDAY, 16 FEB 2016
Life insurance net profits have jumped 30.9% to $3.2 billion in the 12 months to December 2015, according to the latest figures released by the Australian Prudential Regulation Authority (APRA). Non-investment linked businesses contributed $2.3 billion ...

Gold starts to glisten (like 2008?)

BENJAMIN ONG  |  MONDAY, 15 FEB 2016
Perhaps they're right. Yes, them, the experts who see the current global economic and financial backdrop shaping up to be a repeat of 2008. Early in the New Year George Soros made headlines with the CNBC headline: "Soros: It's the 2008 crisis all over ...

Who can dig a deeper hole?

BENJAMIN ONG  |  FRIDAY, 12 FEB 2016
Borrowers rejoice! Imagine how good it would be to have banks and other lending institutions pay you, I and Irene to take their money for whatever purpose we want to use them for - a facelift, a tummy tuck, education, holidays, a new car, another mortgage ...

CBA says most customers received appropriate advice

ALEX BURKE  |  TUESDAY, 2 FEB 2016
The fourth update on CBA's Open Advice Review has been released, which the bank said is evidence that the "majority of customers" assessed so far received appropriate advice. The report, prepared by Promontory Financial Group, is based on the nearly ...

Equity benchmarks too risky amid volatility: SSGA

MARK SMITH  |  WEDNESDAY, 20 JAN 2016
State Street Global Advisors has urged investors to ignore benchmark weights in favour of a truly active approach amid recent and likely on-going market volatility. In the company's active Australian equities Annual Review and Outlook 2015/2016, SSGA's ...