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Australian Unity fund manager steps down

KANIKA SOOD  |  TUESDAY, 4 DEC 2018
The fund manager of Australian Unity's $450 million office REIT stepped down after nearly seven years on the job. Grant Nichols left as the manager of Australian Unity Office Fund (AOF) on November 30 to pursue other opportunities. He is replaced by ...

Fiducian acquires Perth financial planning firm

KANIKA SOOD  |  MONDAY, 3 DEC 2018
... Indy Singh holds about 28% of the company. The stock has risen 177% since it started trading in February 2015 to Friday's close of $4.20 per share.

Social media reacts to final Royal Commission hearings

HARRISON WORLEY  |  FRIDAY, 30 NOV 2018
As the final round of Royal Commission hearings drew to a close this week, commentators took to twitter to have their say on the commission's outcomes, efforts of counsel assisting and performances of bank executives in the hot seat. #BankingRoyalCommision ...

Royal Commission: And that is a wrap

KANIKA SOOD  |  FRIDAY, 30 NOV 2018
The public were provided a glimpse into the tireless work of the financial services Royal Commission as Commissioner Kenneth Hayne and counsel assisting Rowena Orr made closing remarks this afternoon. The final day's hearings adjourned at 1.15pm and ...

Australian philanthropist donates $100m to journalism

DARREN SNYDER  |  THURSDAY, 29 NOV 2018
Sydney will be home to a new journalism institute next year as part of a $100 million commitment to the profession from philanthropist Judith Neilson. The Judith Neilson Institute for Journalism and Ideas will encourage quality and evidence-based journalism ...

Boutique fund house founder steps down

JAMIE WILLIAMSON  |  THURSDAY, 29 NOV 2018
The founder and managing director of a global real estate investment manager is stepping down. Sydney-based boutique Resolution Capital has appointed Sonia Luton as managing director with founder and current managing director Andrew Parsons stepping ...

Chief economist update: Powell Power

BENJAMIN ONG  |  THURSDAY, 29 NOV 2018
We may have a Santa Claus rally this year after all! US Federal Reserve chairman Jerome Powell spooked us all - in the Halloween month of October - when, in an interview with PBS, he declared that: "The really extremely accommodative low interest rates ...

NEOS continues growth trajectory

KARREN VERGARA  |  TUESDAY, 27 NOV 2018
Since launching in mid-2018, life insurance start-up NEOS Life is making strides with the launch of a new product and expedited its underwriting decision times. NEOS managing director Brett Yardley said that most underwriting decisions finalised in ...

Misconduct matters, but stability key for Frydenberg

HARRISON WORLEY  |  FRIDAY, 23 NOV 2018
... these wider implications." The Treasurer's suggestion comes as the Royal Commission's public hearings draw to a close. This week, executives from the Commonwealth Bank, Westpac, Macquarie and ASIC faced the Commission over the actions of their ...

Chief economist update: Where are the BOJ exit speculators now?

BENJAMIN ONG  |  FRIDAY, 23 NOV 2018
In the early months of this year, financial markets were abuzz with speculations that the Bank of Japan (BOJ) would follow the Fed's lead and start implementing an exit strategy. Speculations started to gain prominence as early as January when the ...