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Showing 3461 - 3470 of 9740 results for "Major"

Banks hoping to stall new tax

JAMIE WILLIAMSON  |  TUESDAY, 16 MAY 2017
... deficit or be viewed as a soft option for future tax increases, otherwise it will undermine investor confidence and affect the major banks' perception as unquestionably strong." CBA cited that on the day of the announcement a sell-off of bank shares ...

Water investing makes a splash

KARREN VERGARA  |  MONDAY, 15 MAY 2017
Investable water opportunities - tipped to be worth $30 billion in Australia alone - are increasingly gaining traction with retail and institutional investors. The potential of the water investment market is "huge", particularly when it comes to water ...

Finance Sector Union appoints former NSW Premier

ALEX BURKE  |  FRIDAY, 12 MAY 2017
The Finance Sector Union is welcoming a former New South Wales Premier as its deputy leader. Nathan Rees, who served as NSW Premier from September 2008 to December 2009, before being deposed by Kristina Keneally, contrasted himself with other former ...

NAB sells Asian private wealth arm

KARREN VERGARA  |  FRIDAY, 12 MAY 2017
National Australia Bank is divesting its private wealth business in Singapore and Hong Kong to Oversea-Chinese Banking Corporation in a move that will simplify its Asian operations. The sale of its high-net-worth division entitles OCBC Bank to about ...

Global economy biased toward active management

KARREN VERGARA  |  THURSDAY, 11 MAY 2017
A majority of investors are turning to actively managed investments in times of economic volatility, new research by global asset manager Natixis found. Eight in ten (79%) investors said they favour active managers to help generate alpha in this current ...

Another Budget, another promised surplus

BENJAMIN ONG  |  WEDNESDAY, 10 MAY 2017
... through expected higher tax receipts - "as a result of policy decisions including increasing the Medicare levy, introducing a major bank levy, improving the integrity of GST on property transactions and introducing a Skilling Australians Fund levy" - ...

Budget undermining super: Labor

KARREN VERGARA  |  WEDNESDAY, 10 MAY 2017
... nothing" to stop banks and financial advisers ripping off thousands of customers, Labor noted. It will however, support the major banks levy despite disagreeing with the Coalition downplaying the need for a banking Royal Commission. Chalmers added there ...

What the 2017 Budget means for you

DARREN SNYDER  |  TUESDAY, 9 MAY 2017
... and Project Financing Agency that will help identify, develop and assess innovative financing options for investment in major infrastructure projects - working closely with the private sector including institutional investors. The Government has also ...

Major banks receive Budget shakeup

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
The major banks will be slugged $6.2 billion via a new levy to level the playing field for the banking sector. "This represents a fair additional contribution from our major banks and will assist with budget repair by at least $1.5 billion per year," ...

Asia-Pacific needs more retirement income specialists: Milliman

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
Populations in East Asia and the Pacific are ageing faster than other regions in the world but many nations are yet to develop comprehensive retirement income systems. Global consulting and actuarial firm Milliman said across the Asia-Pacific consumers ...