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Showing 3001 - 3010 of 10303 results for "STI"

Chief economist update: Beam us up Scotty

BENJAMIN ONG  |  FRIDAY, 25 OCT 2019
An RBA rate cut won't happen on Melbourne Cup Day, 5 November. But it will happen - perhaps down to negative and up to the point where the Australian central bank is forced into quantitative easing and print Australian dollars. This is because latest ...

Senior lawyer drags AMP to court

KANIKA SOOD  |  THURSDAY, 24 OCT 2019
A former AMP lawyer is claiming over $2 million from the company for unfair dismissal after she raised concerns about fee-for-no-services practices with its former top executives. Larissa Baker Cook was involved in AMP's legal preparation for the ...

Chief economist update: Oil to slide into 2020

BENJAMIN ONG  |  THURSDAY, 24 OCT 2019
The International Monetary Fund (IMF) recently released its 'World Economic Outlook' report for October where it slashed its global growth projection to 3.0% this year (from 3.2% forecast in July) before rebounding to 3.4% (downgraded from its ...

Whistleblower calls out approved product lies

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
A new paper on the consumer impact of Approved Product Lists (APLs) claims institutionally-aligned Australian Financial Services Licensees (AFSLs) are funneling new clients into in-house products, potentially in breach of Best Interest Duty obligations. ...

Another winter of Australian discontent

BENJAMIN ONG  |  WEDNESDAY, 23 OCT 2019
It would be the winter of discontent for Australia's agriculture sector if Rabobank's latest 'Australian Winter Crop Outlook' report is any guide. The specialist agribusiness bank predicts that the country's national harvest would ...

Australia climbs up Mercer global pension index

HARRISON WORLEY  |  MONDAY, 21 OCT 2019
Australia's retirement system has risen in the global ranking of pension systems, but it still has room for improvement, according to Mercer's latest rankings of global pension systems. According to the 2019 Melbourne Mercer Global Pension Index, Australians ...

Chief economist update: Rate cuts coming, but not on race day

BENJAMIN ONG  |  MONDAY, 21 OCT 2019
Unless a positive shock emerges over the next few months, expect the RBA to continue lowering interest rates and the Morrison government to increase fiscal spending (but only after it's achieved having the Budget surplus immortalised on paper). ...

Leaving a legacy

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
Jeff Chapman, whose net worth is pegged at more than $800mn, speaks to Financial Standard about his family office investments including Bennelong Funds Management, and generosity. What were your goals in setting up your family office? Jeff Chapman ...

Industry fund appoints interim investment chief

HARRISON WORLEY  |  FRIDAY, 18 OCT 2019
A former Kinetic Super chief investment officer has been appointed as the interim investment chief of a $4 billion industry fund. Former Kinetic Super chief investment officer Paul Kessell has joined legalsuper as the fund's interim chief investment ...

ASIC grants compliance scheme relief

HARRISON WORLEY  |  WEDNESDAY, 16 OCT 2019
ASIC will grant AFS licensees with relief from the obligation to ensure their financial advisers are covered by a compliance scheme. As part of the government's decision late last week to accelerate the establishment of a single disciplinary body for ...