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Showing 2861 - 2870 of 6512 results for "Jul"

Wages separate businesses from consumers

BENJAMIN ONG  |  THURSDAY, 10 AUG 2017
Not happy Jan! This is the collective cry of Australian consumers according to the latest Westpac-Melbourne Institute consumer sentiment survey. Yet only a day before, the NAB business survey showed that business conditions in July were at their best ...

Major advice firm endorses first home super saver scheme

DARREN SNYDER  |  WEDNESDAY, 9 AUG 2017
A prominent financial advisory firm is backing the Federal Government's First Home Super Saver Scheme even though it has received backlash from superannuation industry bodies. Dixon Advisory believes the latest draft legislation proposes more flexibility ...

VicSuper appoints board member

KARREN VERGARA  |  WEDNESDAY, 9 AUG 2017
VicSuper appointed a legal expert as a new member to its board. Corporate lawyer Gabrielle Bell joins the $19 billion superannuation fund, replacing the employer director role vacated by Craig Cook in July. She is also a member of the VicSuper Investment ...

Inflation: Cost-pushed and demand-pulled

BENJAMIN ONG  |  WEDNESDAY, 9 AUG 2017
If anything, the National Australia Bank's July business survey added credence to the Reserve Bank of Australia's optimistic take on the outlook for economic activity in the country, but not inflation which it expects "to pick up gradually as the economy ...

First home super scheme may not make it to parliament in 2018

EMMA RAPAPORT  |  TUESDAY, 8 AUG 2017
Bills to enact the First Home Super Savers Scheme, residential downsizing incentives, and a raft of additional superannuation and retirement policies announced following this years' Budget may not be introduced to Parliament before the end of the year. ...

No follow through

BENJAMIN ONG  |  TUESDAY, 8 AUG 2017
Unlike the Bank of Canada (BOC) which he headed from 2008-2013, now Bank of England (BOE) governor Mark Carney didn't follow through on the remarks he made at the European Central Bank Forum in Portugal that, "Some removal of monetary stimulus is likely ...

Wealth begins its blockchain reaction

DARREN SNYDER  |  MONDAY, 7 AUG 2017
Ambitious financial services firms are driving Australia's global leadership in the development of blockchain technology, which is already delivering productivity and innovation benefits to the nation's trillion-dollar wealth industry. BNP Paribas Securities ...

CBA faces anti-money laundering allegations

EMMA RAPAPORT  |  FRIDAY, 4 AUG 2017
The Commonwealth Bank is potentially facing millions of dollars in civil penalties following allegations it did not comply with anti-money laundering and counter-terrorism law. Financial intelligence and regulatory agency AUSTRAC has initiated Federal ...

RBI succumbs to low-flation

BENJAMIN ONG  |  FRIDAY, 4 AUG 2017
The Reserve Bank of India (RBI) cut interest rates by 25 basis points - repo rate to 6% (the first reduction in 10 months and the lowest rate since October 2010) and the reverse repo rate to 5.75% (reversing the 25 bps hike announced only four months ...

Advisers searching for LRBA answers

ALEX BURKE  |  WEDNESDAY, 2 AUG 2017
Regulatory changes to limited recourse borrowing arrangements have been advisers' primary concern over the past quarter, according to BT Advice Technical research. Advisers' queries focused on two key issues: first, the proposal to combine outstanding ...