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Showing 2641 - 2650 of 6251 results for "December 29"

ASIC bans Sydney adviser

JAMIE WILLIAMSON  |  FRIDAY, 16 DEC 2016
A Sydney financial adviser was banned from providing financial services for three years by ASIC. Keira Jane Keegan, a former representative of Protect Ensure, was banned for recommending SMSF clients invest in financial products issued by Protect Ensure. ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 16 DEC 2016
Australia employment There's good news and bad news in the Australian Bureau of Statistics' (ABS) latest update on the country's labour market. The unemployment rate increased to 5.7% in November, the highest rate since August this year and was more ...

Zenith rates CFM diversified alternative beta fund

ALEX BURKE  |  THURSDAY, 15 DEC 2016
Zenith gave a "recommended" rating to an alternative beta fund distributed by Winston Capital Partners. The CFM ISDiversified Trust employs a diversified alternative beta strategy, accruing $47 million in funds under management since its inception on ...

The good and the bad in the Fed rate hike

BENJAMIN ONG  |  THURSDAY, 15 DEC 2016
... Business conditions have deteriorated in October and November and so has consumer confidence - down in November and December -- which has slumped to its lowest level since April this year. But the bigger worry is rising global rates' impact on Australia's ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 14 DEC 2016
Australia business confidence "While outcomes in the survey are not pointing to a severe slowdown in economic activity, the results have softened enough to suggest that growth remains sub-trend." (Alan Oster) This is a fair assessment from NAB's group ...

Watermark closes IPO for market neutral LIC

ALEX BURKE  |  TUESDAY, 13 DEC 2016
Watermark closed its initial public offering for Australia's first global market neutral listed investment company. The Watermark Global Leaders Fund Limited raised more than $90 million, close to the initial goal of $110 million, from investors at ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 13 DEC 2016
China vehicle sales China's tax break on small vehicles -- halving the 10% purchase tax on vehicles with 1.6-liter engines or smaller - is having the same impact as the US' 'cash for clunkers' programme back in July 2009, it's sending car purchases ...

YBR lending chief departs

ALEX BURKE  |  MONDAY, 12 DEC 2016
Yellow Brick Road's chief executive - lending will leave the company on December 31. Tim Brown leads YBR and Vow Financial's lending services, having previously been chief executive of Vow before YBR acquired it in May 2014. He will take on a new role ...

The Fed lady and the Trump

BENJAMIN ONG  |  MONDAY, 12 DEC 2016
... stockmarket are making US consumers feel oh so good. The University of Michigan consumer sentiment index jumped to 98.0 in December - 0.1 shy of the current cycle high of 98.1 recorded in January 2015 - from 93.80 in the previous month. Confident consumers ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 9 DEC 2016
Australia trade balance It makes a nice sequel to the horror 0.5% contraction in Australia's third quarter GDP growth, a widening of the country's trade deficit, that is. Australia's trade deficit rose by 21.3% to A$1.54 billion in October from A$1.27 ...