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Legal woes continue for super fund

JAMIE WILLIAMSON  |  WEDNESDAY, 3 OCT 2018
... the role is to ensure that Rest rates highly in relevant responsible investing industry rankings, the job advert reads. The next hearing in the matter will be held in Sydney on Tuesday, October 9.

Chief economist update: Keep one eye open on the housing market

BENJAMIN ONG  |  WEDNESDAY, 3 OCT 2018
... general economy - the RBA might need to take interest rates the opposite way of its (and consensus) expectation that the next move would be up (whenever that may be).

IOOF completes ANZ dealer group acquisitions

HARRISON WORLEY  |  TUESDAY, 2 OCT 2018
... completion of a successor fund transfer separating the ANZ P&I business products from OnePath life, towards the end of March next year. ANZ originally announced it would divest OnePath's pension and investments and four aligned dealer groups to IOOF ...

Elon Musk steps down as Tesla chair

KANIKA SOOD  |  TUESDAY, 2 OCT 2018
... capacity for Tesla's stock to surprise in the future," she said. "If the company meets its production targets in the next year, it could become profitable." For Aussie investors, the AUD-USD spreads add a positive tailwind for holding Tesla Inc. ...

Sargon grows executive lineup, launches fintech solutions

JAMIE WILLIAMSON  |  TUESDAY, 2 OCT 2018
... customers, by putting technology and data at the centre of our clients' operations. With Impact, we also hope to contribute to the next wave of innovation in the super industry." "One of the key challenges our clients face is coordinating the network ...

Insurance shake-up puts clients first

KARREN VERGARA  |  TUESDAY, 2 OCT 2018
... industry knows it needs to increase its standards and is prepared to collaborate in the interest of consumers by working on the next iteration of the code. This is an abstract of a story first published in the latest print issue of Financial Standard. ...

Interim report dotted with questions

KANIKA SOOD  |  FRIDAY, 28 SEP 2018
... lift their game because the public deserves it," Frydenberg said. Public submissions for the RC are open until the end of next month. Read Frydenberg's full response to the TC interim report here.

Labor proposes RC implementation task force

KANIKA SOOD  |  FRIDAY, 28 SEP 2018
... Labor comes to power, it will set up a dedicated task force to implement the Royal Commission's final recommendations due next year. Responding to the interim report, acting opposition leader Tanya Plibersek told a media conference in Sydney that ...

ASIC outlines code monitoring expectations

JAMIE WILLIAMSON  |  FRIDAY, 28 SEP 2018
... monitoring body's existing staff. Entities wishing to become a monitoring body can register an expression of interest from next month, with draft submissions to be provided between 1 November and 31 December. Final applications will be expected between ...

RBNZ on ice into 2020

BENJAMIN ONG  |  FRIDAY, 28 SEP 2018
... the fed funds rate by 25 bps to 2.0%-2.25% on the day, the dot plots indicated that there'll be three more 25 bps lift next year and one in 2020 that will take the fed funds rate up to 3.4% by then. On the other hand, the Reserve Bank of New Zealand ...