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Showing 2401 - 2410 of 4777 results for "July 11"

$500,000 non-concessional cap scratched

DARREN SNYDER  |  THURSDAY, 15 SEP 2016
The Federal Government has reworked its 2016 Budget measures on superannuation to drop the $500,000 lifetime non-concessional cap and alter several other policies. Treasurer Scott Morrison announced the changes this morning and said the government will ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 15 SEP 2016
... 0.7% in June. Markit Economics' Eurozone manufacturing PMI survey for August -- down a three-month low of 51.7 from 52.0 in July - suggests continued weakness in Eurozone industrial output. UK average weekly earnings Still no Brexit fall-out. UK average ...

ASIC hands down more permanent bans

JAMIE WILLIAMSON  |  WEDNESDAY, 14 SEP 2016
ASIC has permanently banned a former AMP financial planner from providing financial services, deciding he is "not of good fame and character." Rommel Panganiban of New South Wales, an authorized representative of AMP Financial Planning between 2010 ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 14 SEP 2016
Australia business confidence The Reserve Bank of Australia's (RBA) 25bps cut in the official cash rate to 1.50% in August helped lift the NAB business confidence indext from a reading of plus 4 in July to plus 6 last month - consistent with its long-term ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 13 SEP 2016
... from a £5.6 billion deficit in June. The sharp depreciation in the British pound - down 10.4% from pre-Brexit to end of July - supported a 1.9% increase in exports while at the same time reducing imports by 0.5% over the month. India industrial production ...

Watershed SMA makes the right calls

MICHELLE BALTAZAR  |  SUNDAY, 11 SEP 2016
Over a difficult trading year to July 30, where world markets dipped into the red, the Watershed International ETF SMA delivered 6.86% p.a. gross return for its investors, outpacing its benchmark the MSCI World Index (AUD) which lost 2.48%, giving outperformance ...

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 ...