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Showing 2501 - 2510 of 7101 results for "June 11"

Prime Financial boosts wealth focus

KARREN VERGARA  |  TUESDAY, 3 JUL 2018
Prime Financial Group is ramping up its wealth management focus and stepping away from minority interests in accounting firms. The ASX-listed firm said this is part of a strategy to increase its exposure in wealth management by concentrating on its ...

Chief economist update: Draining the swamp

BENJAMIN ONG  |  TUESDAY, 3 JUL 2018
"We're going to drain the swamp." This was one of US President Donald Trump's battle cry when he was still campaigning for the top job in America. It looks like he's on his way to fulfilling this promise but instead, Trump's draining ...

Chief economist update: US inflation hits target

BENJAMIN ONG  |  MONDAY, 2 JUL 2018
Houston, we're on target. The US Income and Outlays account released last Friday showed that US inflation as measured by the US Federal Reserve's favoured gauge - the core PCE price index - is now smack bang where the Fed wants it, rising by ...

Chief economist update: It's always slow in America in Q1

BENJAMIN ONG  |  FRIDAY, 29 JUN 2018
The third and final estimate of US GDP growth showed the economy grew at an annualised rate of 2% in the first quarter of 2018. This is lower than market expectations and would be unchanged from the second estimate's 2.2% rate. While the slight ...

ASIC takes civil action against AMP

HARRISON WORLEY  |  WEDNESDAY, 27 JUN 2018
The corporate regulator has commenced Federal Court proceedings against AMP Financial Planning (AMPFP), alleging the division of the recently scrutinised mutual failed to ensure its authorised financial planners complied with the best interests duty ...

Aussie asset manager cops ASIC intervention

HARRISON WORLEY  |  WEDNESDAY, 27 JUN 2018
The corporate regulator has slapped licence conditions on an alternative asset manager, citing concerns over the corporate governance of the firm after the misappropriation of investors' funds by a former employee. Aurora Funds Management is now required ...

Cryptocurrencies on radar but not priority: RBA

KANIKA SOOD  |  WEDNESDAY, 27 JUN 2018
Cryptocurrency usage in Australia is currently not large enough to raise policy concerns for the Reserve Bank of Australia (RBA), an official from the central bank said in Sydney yesterday. The Reserve Bank has closely followed developments in the crypto ...

Chief economist update: Rate hike hawks in RBA dove's shadow

BENJAMIN ONG  |  TUESDAY, 26 JUN 2018
They're no mere mortals, they're three of the 10 highly-qualified and esteemed experts at the Centre for Applied Macroeconomic Analysis (CAMA) that currently sits as the CAMA RBA Shadow Board. They are Doctors Mark Crosby, Warwick McKibbin and ...

Chief economist update: Lessons from the last world trade war

BENJAMIN ONG  |  MONDAY, 25 JUN 2018
Most equity market investors are concerned but not yet alarmed at Trump's protectionist policies. This could be because the financial media is calling it a trade dispute, a trade spat and not a trade war (or is it because of the markets' relatively ...

Record number of Australians seek CFA qualification

KANIKA SOOD  |  FRIDAY, 22 JUN 2018
More than 10,000 Australian candidates have signed up to sit the CFA exams this financial year - a jump of 36% over the previous 12 months. Last year, 7606 candidates registered for the exams held at three test centres in Sydney, Melbourne and Perth. ...