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Showing 2701 - 2710 of 7101 results for "June 2011"

Advice industry compensation bill hits $37m

KARREN VERGARA  |  FRIDAY, 27 OCT 2017
The financial advice industry shelled out $37 million in FY17 to 2200 clients that suffered financially from bad advice, according to ASIC. The regulator completed 227 "high-intensity surveillances" of financial advisers and banned a total of 35 "bad ...

ECB schedules taper

BENJAMIN ONG  |  FRIDAY, 27 OCT 2017
The European Central Bank's (ECB) October monetary policy meeting ended financial market speculations over its QE exit strategy. ECB president Mario Draghi did what he telegraphed he would -- discuss QE unwind strategy in October - and offered something ...

Equity Trustees enters $5.2bn super fund merger

ALEX BURKE  |  TUESDAY, 24 OCT 2017
Equity Trustees is entering a partnership to facilitate a $5.2 billion superannuation fund merger. Under the terms of the partnership, and subject to approval from the two funds' respective trustee boards, EQT's The Executive Superannuation Fund and ...

Enter the dragon

BENJAMIN ONG  |  MONDAY, 23 OCT 2017
... 10.1% in the previous month and annual growth in industrial production advanced by 6.6% in September - the fastest since June - from 6% in August but fixed asset investment slowed to 7.5% from 7.8% over the same period. These are captured by China's ...

Jobs galore

BENJAMIN ONG  |  FRIDAY, 20 OCT 2017
It's a wonderful set of numbers that came just in the nick of time for the estimated 900 workers who'll be finishing at Holden's car manufacturing plant in Adelaide today. For as that door closes, another opens. The Australian Bureau of Statistics (ABS) ...

Japanese sun rises

BENJAMIN ONG  |  TUESDAY, 17 OCT 2017
"Here comes the sun, here comes the sun, And I say it's all right..." - The Beatles The rally that propelled the Nikkei-225 index to its highest level last week lingers. On 11 October, Japan's benchmark equity market index rose by a mere 0.28% but its ...

Inflated attention on September US CPI inflation

BENJAMIN ONG  |  MONDAY, 16 OCT 2017
Heading into last weekend, financial headlines abound over the latest update on US consumer price inflation. Financial market participants keenly awaited its release for clues on future Fed monetary policy direction...or so the headlines say. I say ...

Confidence up but will consumers shop?

BENJAMIN ONG  |  THURSDAY, 12 OCT 2017
Along with the increasing sun shiny days that spring brings to our part of the globe come the green sprouts of optimism among us, Australians all. For the first time in 11 months, there are more optimists than pessimists in this land girth by sea. This ...

Powerwrap names new chief executive

JAMIE WILLIAMSON  |  TUESDAY, 10 OCT 2017
The chief executive of Bennelong Wealth Partners and chief operating officer of one of the largest single family offices in Australia will be the next chief executive of Powerwrap. Following the resignation of Cormac Heffernan in December 2016, the ...

India's upside risks

BENJAMIN ONG  |  TUESDAY, 10 OCT 2017
Perhaps the Reserve Bank of India was just following its former colonial master. For similar to the Bank of England (BOE) - it cut interest rates by 25 basis points to 0.25% in August 2016 to head off the potential negative fall-out from Brexit win ...