Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2801 - 2810 of 21764 results for "Dec"

New bill to strip treasurer of RBA monetary policy veto powers

ANDREW MCKEAN  |  MONDAY, 27 NOV 2023
The government will introduce a bill to parliament this week that proposes abolishing the treasurer's power to override the Reserve Bank of Australia's (RBA's) monetary policy decisions. Treasurer Jim Chalmers today announced the government's plans ...

LGT Crestone offers exclusive access to the Princely family fund

CHLOE WALKER  |  MONDAY, 27 NOV 2023
Clients of LGT Crestone can now access the Princely family fund, known as the 'Princely Strategy', developed by its parent entity two decades ago. The Global Investible Markets (GIM) fund, which is worth US$18.6 billion, is only accessible to LGT Crestone ...

AustralianSuper slams Brookfield's Origin Energy bid

ANDREW MCKEAN  |  FRIDAY, 24 NOV 2023
AustralianSuper has savaged Brookfield and EIG's eleventh-hour bid to acquire Origin Energy, emphatically asserting its intention to oppose a "low-ball" offer for the ASX-listed generator and retailer. The consortiums revised proposal under the ...

Private equity, venture capital outperform listed assets: Research

CHLOE WALKER  |  FRIDAY, 24 NOV 2023
Over the past decade, private equity (PE) and venture capital (VC) in Australia have yielded an 18% return on investment compared to 9% for the ASX 100 and 8% for the ASX Small Ordinaries Index in the last decade. According to the Australian Investment ...

Inflation problem is homegrown: Bullock

KARREN VERGARA  |  FRIDAY, 24 NOV 2023
Reserve Bank of Australia (RBA) governor Michele Bullock warned that Australians' spending habits - particularly in the services sector - are now fuelling inflation. A trip to the hairdresser and dentist, eating out, and sporting and recreational ...

Frontier restructures, promotes

ELIZABETH FRY  |  FRIDAY, 24 NOV 2023
Frontier Advisors has redesigned its research structure and promoted internal talent into a number of new roles including a new deputy research director. Responding to a shift in focus by its institutional investor client base, the asset consultant ...

Quality is worth paying for in 2024: UBS

CHLOE WALKER  |  THURSDAY, 23 NOV 2023
To navigate the year ahead, UBS Global Wealth Management's chief investment office (CIO) team believes investors should look to quality stocks and bonds for positive returns. Outlined in its recent Year Ahead 2024 report, the UBS CIO team said as interest ...

Praemium plummets on weak financial outlook

ANDREW MCKEAN  |  THURSDAY, 23 NOV 2023
Praemium's stock tumbled following a projected revenue margin decline and higher operating costs announced at yesterday's 2023 annual general meeting. The wealth platform updated its financial outlook indicating that its average revenue margin ...

Small, large entity regulation needs balance: APRA

KARREN VERGARA  |  WEDNESDAY, 22 NOV 2023
As small financial institutions buckle under macroeconomic pressures, it is a fine balancing act to ensure that they don't suffer unnecessary regulatory burdens to avoid a similar scenario in the US with the collapse of regional banks, APRA says. ...

ASIC freezes out former Magnolia Capital director

ANDREW MCKEAN  |  WEDNESDAY, 22 NOV 2023
ASIC has banned former Magnolia Capital Group director Mitchel Atkins from managing corporations and providing financial services. Atkins was a director of Magnolia Capital, which went bankrupt in 2022, owing unsecured creditors millions of dollars. ...