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Showing 2321 - 2330 of 5920 results for "March 27"

Higher and higher

BENJAMIN ONG  |  MONDAY, 4 SEP 2017
Expensive valuations, concerns that the war of words between Washington and Pyongyang could escalate into a real nuclear one, the possible breach of the US debt ceiling and, lately, Hurricane Harvey - singly or combined - couldn't dent positive sentiment ...

Treasurer backs APRA's CBA probe

KARREN VERGARA  |  THURSDAY, 31 AUG 2017
An interim report into APRA's inquiry into the Commonwealth Bank could be available in six months' time with appropriate action being taken, Treasurer Scott Morrison told this morning's Bloomberg Address. Morrison said he supported and is pleased with ...

ASIC raises concerns over NSX listings

KARREN VERGARA  |  TUESDAY, 29 AUG 2017
The corporate regulator has raised a number of "concerning trends" in the way some foreign companies are admitted on the National Stock Exchange of Australia (NSX). In ASIC's review of NSX listing standards between July 2013 to August 2016, the regulator ...

Super FUM up 10pct to $2.3tn

ALEX DUNNIN  |  THURSDAY, 24 AUG 2017
Superannuation savings climbed 10% in 2016-17 to reach $2.3 trillion, with performance income accounting for almost all the flows, according to figures released by APRA this week. Within segments, not-for-profit (NFP) funds climbed 12% to $983 billion ...

Trustee Partners names Australian GM

ALEX BURKE  |  THURSDAY, 24 AUG 2017
Following an executive search, Sargon Capital consulting group Trustee Partners has named a financial services industry veteran as the general manager for its Australian business. Andrew Peterson takes on the role having previously been managing director ...

ASX flags imminent blockchain transition

KARREN VERGARA  |  THURSDAY, 17 AUG 2017
The ASX decision to replace its exchange settlement system in place of distributed ledger technology (DLT) or blockchain could come as soon as December. ASX chief executive Dominic Stevens said the exchange has undertaken initiatives and industry-wide ...

ANZ foots compensation bill

KARREN VERGARA  |  FRIDAY, 11 AUG 2017
ANZ will compensate consumers a total of $10.5 million as a result of OnePath compliance breaches. According to ASIC, ANZ's wealth, insurance and advice arm, OnePath, failed to process superannuation contributions and manage lost inactive member balances ...

Wages separate businesses from consumers

BENJAMIN ONG  |  THURSDAY, 10 AUG 2017
Not happy Jan! This is the collective cry of Australian consumers according to the latest Westpac-Melbourne Institute consumer sentiment survey. Yet only a day before, the NAB business survey showed that business conditions in July were at their best ...

Inflation: Cost-pushed and demand-pulled

BENJAMIN ONG  |  WEDNESDAY, 9 AUG 2017
If anything, the National Australia Bank's July business survey added credence to the Reserve Bank of Australia's optimistic take on the outlook for economic activity in the country, but not inflation which it expects "to pick up gradually as the economy ...

Australian businesses lift borrowing

BENJAMIN ONG  |  TUESDAY, 1 AUG 2017
Signaling a reorientation in Australia's credit markets, the RBA Financial Aggregates report for June shows that business borrowing has surged relative to home borrowings even as home borrowing still dominates credit markets. According to the RBA total ...