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Showing 3051 - 3060 of 10361 results for "Close"

Property risks dip at Coalition win, APRA easing

KANIKA SOOD  |  WEDNESDAY, 22 MAY 2019
UBS has materially reduced downside risk for housing as last Saturday's elections lay to rest Labor's negative gearing plans and separately, APRA is easing its stance on mortgage lending. "The main implication of the election is the absence of expected ...

Chief economist update: RBA to take rates to fresh record low

BENJAMIN ONG  |  WEDNESDAY, 22 MAY 2019
... relatively low unemployment rate than below-target inflation as its forward guidance suggests, "the board will be paying close attention to developments in the labour market at its upcoming meetings". Latest data showing the unemployment rate ticked ...

Crypto scams bite UK

HARRISON WORLEY  |  TUESDAY, 21 MAY 2019
Investors in the United Kingdom lost more than £27 million to cryptoasset and forex scams in the last year. The Financial Conduct Authority is urging UK citizens to be wary of investment scams carried out through "bogus" online trading platforms, after ...

Chief economist update: Devilish details

BENJAMIN ONG  |  TUESDAY, 21 MAY 2019
It's still a month away, but when the policy board of the Bank of Japan (BOJ) meets to assess the state of the economy and its monetary policy response on 19-20 June, it could claim the economy is progressing as printed at its meeting in April. ...

Investec closes robo-advice

ELIZABETH MCARTHUR  |  MONDAY, 20 MAY 2019
... The Click & Invest website now reads: "After careful consideration and reflection, we have taken the difficult decision to close the Click & Invest service to new clients with immediate effect from 16 May 2019." "This decision has not been taken lightly ...

NAB sells fund administration business

HARRISON WORLEY  |  MONDAY, 20 MAY 2019
A German group has picked up NAB's managed funds services business, Ausmaq. Deutsche Borse has acquired the specialist managed funds and term deposit administrator through its international central securities depository subsidiary, Clearstream. ...

Chief economist update: June RBA rate cut not a sure bet

BENJAMIN ONG  |  FRIDAY, 17 MAY 2019
... point for the RBA and the financial markets. It told us so at its May board meeting, stating: "The board will be paying close attention to developments in the labour market at its upcoming meetings." The Australian Financial Review (AFR) writes: "Market ...

Former Kaz Capital adviser banned

ELIZABETH MCARTHUR  |  FRIDAY, 17 MAY 2019
A former Kaz Capital adviser has been banned by ASIC for six years. David Stephen Cornford has been banned from providing financial services for a period of six years following an ASIC investigation during which he was found to be buying and selling ...

Chief economist update: Low unemployment, low wages growth conundrum

BENJAMIN ONG  |  THURSDAY, 16 MAY 2019
... relatively low unemployment rate than below-target inflation as its forward guidance suggests, "the Board will be paying close attention to developments in the labour market at its upcoming meetings". We'll get the latest update on the state of the ...

VGI Partners' dual pitch to investors

KANIKA SOOD  |  WEDNESDAY, 15 MAY 2019
... David Jones said. The entitlement offer is priced at $2.34 which is the same as April 30 NTA and a 4.9% discount to May 7 close. Manager IPO VGI Partners was set up by former Caledonia Investments portfolio manager Robert Luciano in 2009. The company ...