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Showing 3291 - 3300 of 10303 results for "STI"

Labor responds to Royal Commission final report

JAMIE WILLIAMSON  |  MONDAY, 25 FEB 2019
The Labor Party will look to ban the payment of grandfathered commissions by January 2020 if successful at the upcoming Federal election. Responding to the final report, Shadow Treasurer Chris Bowen said the party has already tabled a bill to end the ...

Chief economist update: The RBI surprises (again)

BENJAMIN ONG  |  MONDAY, 25 FEB 2019
The Reserve Bank of India is full of surprises. When financial markets expected it to raise interest rates, it didn't. When everyone expected interest rates to remain steady, it cut. Recall that back in October 2018, the RBI surprised markets by ...

Chief economist update: Nerves of steel

BENJAMIN ONG  |  FRIDAY, 22 FEB 2019
Could it be? Could it be that Westpac's chief economist Bill Evans has just gotten one up on me? Nah Virginia, me don't want to "kill Bill", we economists may not see eye to eye but we stick together. More so that Bill's come around to my ...

Super needs a clear objective: Cooper

HARRISON WORLEY  |  THURSDAY, 21 FEB 2019
A clear objective within superannuation will result in better regulation for all parts of the industry, according to a panel of experts. Opening the second day of the Self-managed Super Fund Association's national conference in Melbourne this morning ...

Ausbil launches dividend income fund

KANIKA SOOD  |  WEDNESDAY, 20 FEB 2019
The $11 billion equities manager has launched a fund that will invest in S&P/ASX 200 companies with the aim of paying monthly distributions. The Ausbil Active Dividend Income fund will generate dividend income through cyclical opportunities, earning ...

Group insurance reforms to be tabled

JAMIE WILLIAMSON  |  WEDNESDAY, 20 FEB 2019
Legislative reforms that will see group life insurance offered to under-25 year olds and those with low account balances on an opt-in basis will be tabled in Parliament today. The Treasury Laws Amendment (Putting Members' Interests First) Bill 2019 ...

Chief economist update: BOJ exit last year, BOJ easing this year

BENJAMIN ONG  |  WEDNESDAY, 20 FEB 2019
Japanese officials and investors must be wiping the sweats from their foreheads after the Cabinet Office released its latest National Accounts report and showed the country dodged a recession. Japanese GDP grew 0.3% in the December 2018 quarter following ...

IOOF braces for new super package, grandfathered commissions changes

KARREN VERGARA  |  TUESDAY, 19 FEB 2019
IOOF's bottom line will take a hit from the newly legislated Protecting Your Super package and the proposed removal of grandfathered commissions. Acting chief executive Renato Mota and chief financial officer David Coulter told an investor briefing ...

Actuaries Institute welcomes retirement income reforms

JAMIE WILLIAMSON  |  TUESDAY, 19 FEB 2019
The Actuaries Institute has welcomed the Government's action on Comprehensive Income Products for Retirement, including the requirement for all superannuation funds to offer a retirement income strategy. Acknowledging the passage of legislative changes ...

Chief economist update: Where sentiment goes, there too is spending

BENJAMIN ONG  |  MONDAY, 18 FEB 2019
The University of Michigan's latest update on consumer confidence indicates that there's hope still for household spending. Recall the reported big drop in US retail spending (down 1.2% in the month of December) that I penned is consistent with ...