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Showing 3101 - 3110 of 7106 results for "June 2023"

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 6 JUL 2016
RBA on hold As widely expected, the Reserve Bank of Australia (RBA) left the official cash rate unchanged at a record low 1.75% following its 5 July meeting. The RBA statement revealed that the Australian central bank sees continued growth in the global ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 5 JUL 2016
Australian dwelling approvals The Australian Bureau of Statistics (ABS) released figures showing that total dwelling units approved dropped by 5.2% in the month of May, worse than market expectations for a 3.3% fall and more than reversing April's 3.3% ...

AFSL cancelled for Sydney firm

KERRIE SYDEE  |  MONDAY, 4 JUL 2016
ASIC has cancelled the Australian financial services licence (AFSL) of a Sydney based financial planning firm for failing to meet a number of key obligations. ASIC cancelled Etern Wisdom's AFSL on 6 June 2016 after ASIC discovered the firm had failed ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 30 JUN 2016
Australia new home sales The Housing Industry Association reported that sales of new homes fell by 4.4% to 7,278 units in the month of May following a 4.7% decline in the previous month. Sales of detached homes continued to contract - down by 6.7% in ...

ASIC cancels AFSL of liquidated firm

KERRIE SYDEE  |  WEDNESDAY, 29 JUN 2016
ASIC has cancelled the Australian financial services licence (AFSL) of a Queensland based financial services firm. The cancellation was made at Avamode Financial's request, after the company was placed into liquidation on 4 May 2016. The AFSL cancellation ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 29 JUN 2016
... consumer confidence is at odds with that of the University Michigan survey that showed US consumer sentiment souring to 93.5 in June - down from the preliminary reading of 94.3 and down from the final May reading of 94.7 - with consumers reporting they ...

Keybridge exits funds management business

ALEX BURKE  |  TUESDAY, 28 JUN 2016
Keybridge Capital has entered into a binding agreement to sell its funds management business. Seventh Orion, a company registered with ASIC on June 22, will purchase Aurora Funds Management for $1.8 million. Keybridge bought the firm for $4.3 million ...

Industry super fund becomes public offer

DARREN SNYDER  |  TUESDAY, 28 JUN 2016
An industry superannuation fund previously working with real estate employees is opening its membership to the general public from 1 July 2016. The $1.3 billion REI Super will be the latest super fund to become a public offer fund. It is a move that ...

Bremorsing and Bregretting Brexit

BENJAMIN ONG  |  MONDAY, 27 JUN 2016
Be careful what you wish for you might just get it. Events are still fluid, speculations still abound, but one thing is certain Brexiteers got what they wished for but recent reports suggest that the 51.9% who voted to say adieu to the EU now regret ...

Brexit - the Australian connection

BENJAMIN ONG  |  MONDAY, 27 JUN 2016
Just like almost all other equity markets around the world, Australia's stock market took a beating from the United Kingdom's unexpected vote to leave the European Union (EU) at the referendum held on 23 June 2016. The All Ordinaries index dropped by ...