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Showing 2801 - 2810 of 7106 results for "June 2023"

Advice licensees hit with $1500 levy

EMMA RAPAPORT  |  MONDAY, 17 JUL 2017
ASIC has introduced a $1500 fixed levy on authorised financial advice licensees to cover the price tag of its costs recovery framework. The graduated levy for licensees comes off the back of the ASIC Supervisory Cost Recovery Levy Bill, a law which ...

Is the Fed the victim of its own success?

BENJAMIN ONG  |  MONDAY, 17 JUL 2017
"It is worth remembering that it can take 18 to 24 months for a monetary policy action to have its full effect on inflation. This means that central banks must target future inflation by anticipating future deviations from target." These were the words ...

Countplus sells off underperformers and merges firms

ALEX BURKE  |  FRIDAY, 14 JUL 2017
Countplus merged two member firms and sold three others following its strategic review which also led to the group not paying a dividend for the June 30 quarter. The firms being sold, Countplus explained, generated an aggregate operating loss of about ...

The Trump risk on global trade

BENJAMIN ONG  |  FRIDAY, 14 JUL 2017
If it's any indication, China's latest international trade accounts underline the current missive of strengthening global growth and with it, global trade. China's trade surplus improved to US$42.77 billion in the month of June from US$40.79 billion ...

BlackRock hires new executives

KARREN VERGARA  |  THURSDAY, 13 JUL 2017
BlackRock is expanding its digital and distribution strategies with two executive appointments. Katie Petering is the new head of asset manager sales for BlackRock's exchange-traded funds business iShares. She will report to head of iShares Australia ...

Dovish Fed, hawkish BOC

BENJAMIN ONG  |  THURSDAY, 13 JUL 2017
... Yellen's much-awaited testimony did not differ greatly from what was already divulged in the FOMC statement released on 14 June - when the Fed raised the fed funds rate by 25 basis points to 1%-1.25%. In her prepared remarks before the House Financial ...

Second private equity firm bids $2.2bn

ALEX BURKE  |  WEDNESDAY, 12 JUL 2017
One of Asia's largest specialist private equity firms is matching KKR's bid for an Australian telecoms operator. Affinity Equity Partners has submitted a non-binding proposal to acquire 100% of Vocus Group for $3.50 per share, for a total of $2.2 billion. ...

Business conditions return to pre-GFC levels

BENJAMIN ONG  |  WEDNESDAY, 12 JUL 2017
"We continue to be pleasantly surprised by just how upbeat the business sector is, given the context of a fairly beleaguered household sector that has been weighed down by limited wages growth and record levels of debt." These are the printed words ...

MetLife restructures US and UK operations

JAMIE WILLIAMSON  |  TUESDAY, 11 JUL 2017
Global life insurer MetLife will cease to write individual insurance policies in the United States, having established a new firm to house its domestic retail life and annuity insurance divisions. MetLife received final regulatory approval from the ...

Low inflation exporter

BENJAMIN ONG  |  TUESDAY, 11 JUL 2017
Recall those days when China was accused of exporting deflation to the rest of the world? The days when dirt cheap "Made in China" products were flooding the rest of the world (they still are). It was so prevalent that in January 2004, the US Federal ...