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Showing 2391 - 2400 of 4761 results for "July 2011"

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 9 SEP 2016
US consumer credit Total US consumer credit went up by US$17.7 billion in July, stronger than the previous month's US14.5 billion increase and more than market expectations for a US$15.6 billion rise. Non-revolving credit - i.e. car and student loans ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 8 SEP 2016
Australian GDP The Australian Bureau of Statistics (ABS) released the country's National Accounts report showing that while the economy's quarterly real GDP growth halved to 0.5% in the three months to June from 1.0% in the March quarter, the annual ...

Morgan Stanley pays $123,750 penalty

KERRIE SYDEE  |  WEDNESDAY, 7 SEP 2016
Morgan Stanley Australia has paid a penalty of $123,750 to comply with an infringement notice handed down by the Markets Disciplinary Panel (MDP). The MDP said it had "reasonable grounds" to believe that Morgan Stanley had contravened subsection 798H(1) ...

Legg Mason Brandywine fund gets top rating again

MARK SMITH  |  WEDNESDAY, 7 SEP 2016
The Legg Mason Brandywine Global Opportunistic Fixed Income Trust has been awarded a "Highly Recommended" rating by Lonsec for a third straight year. The rating coincides with the fund surpassing $500 million in assets under management in Australia ...

Inappropriate advice drives disputes

KERRIE SYDEE  |  TUESDAY, 6 SEP 2016
The Financial Ombudsman Service (FOS) received 34,095 disputes in 2015-16, a 7% increase on the previous year, according to the FOS 2015-16 annual review. Of the 20,298 disputes accepted 1,141 were investments and advice disputes (5%) and 1,095 were ...

ASFA names KPMG partner as new CEO

MARK SMITH  |  MONDAY, 5 SEP 2016
The Association of Superannuation Funds of Australia (ASFA) has named its new chief executive to take over from Pauline Vamos, who stepped down in July after nine years with the industry body. Dr. Martin Fahy, who is currently a partner in management ...

December maybe?

BENJAMIN ONG  |  MONDAY, 5 SEP 2016
... declined. The sharp fall in the ISM manufacturing index into contraction territory in August - down to 49.4 from 52.6 in July - points to more job shedding in US factories (the employment index fell to 48.3 in August from 49.4 in the previous month). ...

Good financial advice a challenge: ASIC

KERRIE SYDEE  |  FRIDAY, 2 SEP 2016
ASIC has published its Corporate Plan for 2016-17, which notes the industry still faces challenges in providing "good quality" financial advice. The Corporate Plan outlines ASIC's vision to "allow markets to fund the economy, and in turn, economic growth. ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 2 SEP 2016
Australia capex The Australian Bureau of Statistics' (ABS) report on business investment shows actual private new capital expenditure drop by 5.4% in the June quarter following a similar 5.4% decline in the three months to period and worse than market ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 1 SEP 2016
Australia private sector credit Total private sector credit increased by 0.4% in July - in line with market expectations - following a 0.2% gain in the previous month. Credit to housing and to business went up by 0.5% and 0.3%, respectively while personal ...