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Showing 2831 - 2840 of 28255 results for "NOT"

Tranche one of advice reforms hits parliament

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... provide that both monetary and non-monetary benefits given by a client to an AFS Licensee or a representative of a licensee are not conflicted remuneration. The final strand of the bill will implement standard consent requirements for certain insurance ...

PE deals tumble again, down 63%: Bain & Company

KARREN VERGARA  |  TUESDAY, 26 MAR 2024
The Australian and New Zealand private equity sector took another tumble, sharply falling 63% in value during 2023 as high interest rates and market uncertainty continues to spook investors. This is the second year in a row that saw deal values decline ...

Threats outside the Australian financial system build: RBA

ANDREW MCKEAN  |  TUESDAY, 26 MAR 2024
The Reserve Bank of Australia's (RBA's) latest Financial Stability Assessment has said that although risks to global economy have been balanced as inflation has eased, risks to financial stability remain. The Assessment said there is a possibility ...

T. Rowe Price launches bond fund

KARREN VERGARA  |  TUESDAY, 26 MAR 2024
T. Rowe Price has launched a new strategy that invests in government bonds targeting wholesale and institutional investors. The Global Government Bond High Quality Fund aims to achieve risk-adjusted returns across global bond markets issued by governments ...

Why BlackRock is taking a risk-on view

ELIZA BAVIN  |  TUESDAY, 26 MAR 2024
... long-run policy forecasts are starting to reflect our view of rates staying higher for longer than pre-pandemic. Markets are not eyeing that outlook for now. Second, stocks could grow more sensitive to macro news as profit margin pressures mount." BlackRock ...

Calls for fresh 5% hike to minimum wage

ELIZA BAVIN  |  TUESDAY, 26 MAR 2024
... McManus said. "When inflation goes up businesses are able to adjust their prices to protect their margins, but workers' pay does not move so easily. This is why the annual wage review is so important, it is when the lowest paid workers have a chance ...

Director facing $13k fine in first of its kind action from ASIC

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
... against a director for failing to comply with the obligation to have a director identification number (director ID). ASIC did not name the director, but said on March 19 the person appeared in Downing Centre Local Court to be formally charged with one ...

Perpetual awards State Street subsidiary a major mandate

ANDREW MCKEAN  |  MONDAY, 25 MAR 2024
Perpetual has appointed State Street subsidiary Charles River to manage front office operations for its Australian asset management business. Perpetual's Australian asset management business will use Charles River's Investment Management Solution (Charles ...

Why this fundie sees the economy making a hard landing

ANDREW MCKEAN  |  MONDAY, 25 MAR 2024
'Goldilocks' soft-landing view, deteriorating consumer health and a poor growth outlook this Australian reporting season hints at a hard landing. "After digesting the latest information from reporting season results and company meetings our analysis ...

Raiding super can worsen housing affordability: Research

KARREN VERGARA  |  MONDAY, 25 MAR 2024
Allowing Australians to draw from their superannuation to purchase a home will not solve the affordable housing crisis and would potentially lead to higher property prices, a new analysis from the Association of Superannuation Funds of Australia (ASFA) ...