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| | | ... did have some response, explaining US shares are higher, US bond yields fell, and major currencies are up against the US Dollar. The promised increases were elevated by Scion Capital founder Michael Burry who, on the eve of the Fed's meeting, tweeted ... |
| | | | ... underperformance since 2009 is likely to be over. His reasons include mean reversion, a new super cycle in commodities, the Australian dollar no longer being expensive, stronger growth potential, relatively high dividends, less aggressive monetary tightening ... |
| | | | The Australian Institute of Superannuation Trustees (AIST) is calling on the government to extend anti-hawking laws to combat financial advice firms using third parties to solicit business through cold calling. Unsolicited calls to consumers about superannuation ... |
| | | | ... receiving a part of the Age Pension," it said. "Recipients of a part Age Pension will see their payments rise by the same dollar amount as the full Age Pension, so they will benefit from greater inflation protection as a proportion of their previous ... |
| | | | ... more optimism around the Chinese growth outlook and the property sector's stabilisation. "With investment grade Asian US dollar-denominated bonds yielding in the 5%-to-6% range global credit and emerging market bond investors are also likely to up their ... |
| | | | Four people have been jailed in the UK over a $37 million fraud carried out on an Australian cryptocurrency exchange five years ago. The UK's Crime Prosecution Service (CPS) said Stephen William Boys, Kelly Caton, Jordan Kane Robinson and James Austin-Beddoes ... |
| | | | According to Oxfam, the richest 1% of Aussies have accumulated 10 times more wealth than the bottom 50% in the past decade. In its latest report, titled Survival of the richest, Oxfam found that Australian billionaire wealth is 61% higher than it was ... |
| | | | ... latter half of last year, large companies such as Microsoft Corp, Johnson & Johnson, and Proctor & Gamble increased their dollar payouts. "In addition, businesses like Volkswagen AG have recently paid out further special dividends," he said. Pennell ... |
| | | | Westpac has reached a $29.95 million settlement in a class action relating to the bank's subsidiaries, BT Funds Management Limited and Westpac Life Insurance Services Limited. Tens of thousands of Australians may receive compensation following the ... |
| | | | ... $65 billion on behalf of about 850,000 members. These members are expected to see a 25% reduction in fees, including no dollar-based administration fee and reduced percentage-based administration and investment fees. Mercer's existing members will ... |
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