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Showing 2631 - 2640 of 6251 results for "December 29"

Australia construction activity eases contraction

BENJAMIN ONG  |  TUESDAY, 10 JAN 2017
... six of the seven sub-activity indices recording improvement. The AiG performance of services index surged to 57.7 in December - the highest level since May 2007 - from 51.1 in the previous month with all five-sub activity indices decidedly above the ...

Hunter Hall rejects non-compliance claims

JAMIE WILLIAMSON  |  FRIDAY, 6 JAN 2017
Hunter Hall says recent major announcements to the ASX were handled appropriately, responding to suggestions of misconduct raised by Fairfax Media. Reports from Fairfax allege outgoing chief investment officer Peter Hall revealed an intention to sell ...

Aussie advice firm sold to US risk manager

DARREN SNYDER  |  THURSDAY, 5 JAN 2017
Brisbane-based wealth management consultancy Complete Financial Balance is being acquired by the Australian arm of Arthur J. Gallagher & Co. The transaction marks a continued Australian expansion for the US-owned AJG. The firm acquired Perth-based workplace ...

Defining DB for advisers

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JAN 2017
Defined benefits are an increasingly hot topic for financial advisers, with clarification around non-account based pensions leading queries to the BT Advice Technical team. According to BT's technical consultant Tim Howard, the team saw a growing interest ...

Hunter Hall ethical mantle in doubt as CIO resigns

ALEX BURKE  |  TUESDAY, 3 JAN 2017
The majority shareholder in one of Australia's largest coal companies has taken stewardship of Hunter Hall's ethical Global Value fund following the resignation of Hunter Hall's chief investment officer. Washington H. Soul Pattinson and Company (WHSP) ...

ANZ selling stake in Chinese bank

JAMIE WILLIAMSON  |  TUESDAY, 3 JAN 2017
Continuing its strategy to focus on institutional banking operations in Asia, ANZ has agreed to sell its 20% stake in Shanghai Rural Commercial Bank. ANZ is selling its stake to China COSCO Shipping Corporation and Shanghai Sino-Poland Enterprise Management ...

Metro property markets continue reliable income

DARREN SNYDER  |  FRIDAY, 23 DEC 2016
Property fund manager Centuria says Australian metropolitan markets will continue to deliver both reliable income and capital returns in 2017. Centuria Metropolitan REIT (CMA) trust manager Nicholas Blake told Financial Standard that several underlying ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 21 DEC 2016
US composite PMI Markit Economics' flash US composite PMI fell to a reading of 53.7 in December - the lowest in three months - from November's final reading of 54.9 as stronger expansion in manufacturing (to 54.2 in December from 54.1) was more than ...

MYEFO: Surplus of promises

BENJAMIN ONG  |  TUESDAY, 20 DEC 2016
Beam me up Scotty! That's the underlying message from Australian Federal Treasurer Scott Morrison's Budget update where the Mid-Year Economic and Fiscal Outlook (MYEFO) report showed the budget deficit beamed up by a cumulative A$10.3 billion over the ...

Link completes AustralianSuper transition

JAMIE WILLIAMSON  |  MONDAY, 19 DEC 2016
More than two million AustralianSuper members have been successfully transitioned by Link Group onto its aaspire administration platform. Ahead of schedule and under budget, the transition is Link's ninth in the past 14 months and brings the total of ...