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Showing 3801 - 3810 of 19582 results for "Ban"

Chief economist update: Cheaper prices not a bargain

BENJAMIN ONG  |  THURSDAY, 30 JUL 2020
Down, down, prices are down... big time! The Australian Bureau of Statistics (ABS) reported that the country's headline inflation dropped by 1.9% in the June quarter - the largest quarter on quarter decline in the 72-year history that the statistician ...

Banks ordered to reduce dividend payout ratios

KANIKA SOOD  |  WEDNESDAY, 29 JUL 2020
Banks and insurers have been asked to retain at least half of their earnings while deciding dividends until December, after APRA issued revised guidelines. The prudential regulator in April asked banks and insurers to consider deferring dividend decisions ...

Hobart adviser cops ban

ALLY SELBY  |  WEDNESDAY, 29 JUL 2020
ASIC has banned a Hobart-based financial adviser from providing financial services for five years after he encouraged clients to inappropriately double gear their investments. Meritum Financial Group authorised representative David Horton has been banned ...

Debt vulture crackdown welcome

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JUL 2020
One of Australia's big banks has cracked down on "debt vultures" - businesses or individuals that claim to assist those struggling with debt but actually rake in big fees. National Australia Bank said it will no longer deal with unlicensed, fee-charging ...

Franklin Templeton announces revised APAC team

ELIZA BAVIN  |  WEDNESDAY, 29 JUL 2020
Franklin Templeton has revealed its new head of Asia Pacific (APAC), including India, as well as an updated distribution team within the region as it completes its acquisition of Legg Mason. Vivek Kudva has been appointed head of APAC and will be responsible ...

Chief economist update: Gold 2000

BENJAMIN ONG  |  WEDNESDAY, 29 JUL 2020
Gold prices have already been on the up and up last year, buoyed by major world central banks' about face towards a more accommodative policy - led by the US Federal Reserve's interest rate cuts (July, September and October 2019). Gold prices ...

Goldman chief faces backlash over DJ set

ALLY SELBY  |  TUESDAY, 28 JUL 2020
The chief executive of Goldman Sachs has copped criticism after he performed a DJ set to a crowd of over 2000 people in the Hamptons, as cases of COVID-19 in the US near 4.3 million. David Solomon, or DJ D-Sol, opened for electronic duo The Chainsmokers ...

Westpac discovers additional transaction irregularities

ALLY SELBY  |  TUESDAY, 28 JUL 2020
Westpac's money laundering woes continue to worsen, with the bank today announcing it has uncovered hundreds of thousands of additional transactions of $10,000 or more that are "incomplete or inaccurate" to AUSTRAC. After further investigation, the ...

Westpac announces appointment, departure

ALLY SELBY  |  TUESDAY, 28 JUL 2020
Westpac has announced a new chief operating officer will join its ranks, while a group executive will leave the bank early next year. Scott Collary has nabbed the role and will lead Westpac's newly created group operating office, as the bank brings ...

Investment strategies need to change: GSFM

ELIZA BAVIN  |  TUESDAY, 28 JUL 2020
A number of factors have contributed to the current economic uncertainty, and investment strategies need to adapt to the 'new normal', according to GSFM and its fund manager partners Payden & Rygel, Munro Partners and Redpoint Investment Management. ...