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Showing 3701 - 3710 of 6884 results for "Act2"

Economic Wrap

ALEX DUNNIN  |  WEDNESDAY, 27 JUL 2016
Inflation crashes to 1pct The Consumer Price Index (CPI) rose 0.4% in the June quarter 2016, according to the latest Australian Bureau of Statistics (ABS) figures. This follows a fall of 0.2% in the March quarter 2016. Annual inflation is now just 1.0% ...

AMP Capital hits back at second LIM wind-up letter

ALEX BURKE  |  TUESDAY, 26 JUL 2016
AMP Capital has responded to LIM Advisors' second open letter about winding up the China Growth Fund (AGF), saying it is "not a fair reflection of the actions [AMP Capital] has taken." On July 21, LIM issued a second letter to AGF unitholders, which ...

WAM finds returns in growth companies

DARREN SNYDER  |  MONDAY, 25 JUL 2016
Exposure to undervalued growth companies in the vehicle leasing, retail and health product sectors led WAM Capital to a 21.6% return on its investment portfolio during 2015-16. Releasing its full-year results to the ASX, WAM Capital chairman Geoff Wilson ...

Court dismisses AMP appeal for China fund EGM

ALEX BURKE  |  MONDAY, 25 JUL 2016
The Court of Appeal has dismissed AMP Life's appeal in relation to its voting rights at the AMP Capital China Growth Fund (AGF) extraordinary general meeting this Thursday. The Supreme Court had previously decided that AMP Life, which holds roughly ...

Brexit won't impact Australia greatly: Treasurer

DARREN SNYDER  |  FRIDAY, 22 JUL 2016
The body representing Australia's top four financial authorities says the country is well placed to manage the economic and financial repercussions of Brexit. The Council of Financial Regulators (CFR) presented a report to the federal government earlier ...

World first green bond raises $300m

KERRIE SYDEE  |  FRIDAY, 22 JUL 2016
The Victorian Government green bond, issued on 19 July, has raised $300 million and will be used to help finance and refinance Victorian state investments in energy efficiency, renewable energy generation, low carbon public transport and energy efficient ...

PROFILE: Metlife chief executive Deanne Stewart

KERRIE SYDEE  |  FRIDAY, 22 JUL 2016
A born leader, Deanne Stewart, chief executive of MetLife Australia, has both a love of numbers and desire to help others, two things that have driven her commitment to creating change in the financial services industry. Stewart says she has always ...

ASIC needs to focus on prevention, not cure

ALEX BURKE  |  THURSDAY, 21 JUL 2016
ASIC needs to work directly with the advice industry and develop more proactive regulation, according to Affinia chair Steve Helmich. Speaking on a panel at the 2016 FSC Leaders Summit in Melbourne, Helmich said that ASIC's role is to ensure favourable ...

Economic Wrap

ALEX DUNNIN  |  WEDNESDAY, 20 JUL 2016
Australia's foreign reserves climb to $70bn Australia's holdings of foreign reserves climbed 4% during 2015-16 to $70 billion, reports the Reserve Bank of Australia. Reserves held as foreign currency remained steady on 84% while holdings of gold increased ...

Economic Wrap

ALEX DUNNIN  |  TUESDAY, 19 JUL 2016
Employment up but hours worked fell Employment in Australia grew by 0.07% in June, consistent with the average growth rate over the last six months, according to trend figures released by the Australian Bureau of Statistics (ABS). The latest Labour ...