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Showing 21 - 30 of 56 results for "AIC"

LICs show sign of struggle

ANNABELLE DICKSON  |  WEDNESDAY, 16 DEC 2020
Demand for listed investment companies (LICs) has decreased significantly due to heightened investor interest in exchange traded products (ETPs), managed accounts and mFunds. The latest Rainmaker Information Wholesale Advantage Report show LICs previously ...

The real cost of a bad chief executive: AICD, ACSI

ELIZABETH MCARTHUR  |  THURSDAY, 10 DEC 2020
New research has revealed the true cost of a toxic chief executive to a company, indicating that poor culture from the top can permeate an entire organisation. The report, produced by the Australian Institute of Company Directors (AICD) and the Australian ...

Nasdaq proposes diversity rules

KARREN VERGARA  |  THURSDAY, 3 DEC 2020
The major stock exchange has put into motion new rules that will require its companies to have at least one female and one person who identifies as either an underrepresented minority or LGBTQ+ on boards. Nasdaq has filed the proposal with the US Securities ...

Chief economist update: Japan's third wave

BENJAMIN ONG  |  MONDAY, 16 NOV 2020
More infections equals more monetary policy easing and more fiscal spending. Like the Fed and the European Central Bank, the Bank of Japan (BOJ) also kept monetary policy unchanged - target rate at -0.1% and target for the 10-year Japanese government ...

Super fee obsession must stop

KANIKA SOOD  |  TUESDAY, 4 FEB 2020
... have focused discussions around inefficiencies in super fund performance on fees and costs, instead of after-fees returns. AIC is recommending the government enhance policy settings, including disclosure requirements for superannuation funds that encourages ...

SGE extension could hurt small entities: FSC

HARRISON WORLEY  |  THURSDAY, 16 JAN 2020
... submissions made by Deloitte and the Australian Investment Council (formerly AVCAL), noting in particular its agreeance with the AIC's concerns for small investment entities which may be caught in the SGE net after the change. The FSC's submission warns ...

ASX 200 hits female director target

ALLY SELBY  |  THURSDAY, 19 DEC 2019
The Australian Institute of Company Directors' goal of increasing gender diversity on ASX 200 boards has been met, albeit a year after its original target. The ASX 200 has now achieved 30% female representation on boards. It comes more than four years ...

Chief economist update: Businesses remain unmoved by low rates

BENJAMIN ONG  |  WEDNESDAY, 11 DEC 2019
The National Australia Bank's (NAB) latest Business Survey report shows business conditions remained unchanged at a reading of +4 in November (from October) but business confidence fell to a reading of zero, negating October's two-point increase ...

Chief economist update: Beam us up Scotty

BENJAMIN ONG  |  FRIDAY, 25 OCT 2019
An RBA rate cut won't happen on Melbourne Cup Day, 5 November. But it will happen - perhaps down to negative and up to the point where the Australian central bank is forced into quantitative easing and print Australian dollars. This is because latest ...

Industry responds to election outcome

ELIZABETH MCARTHUR  |  MONDAY, 20 MAY 2019
... be more impactful on economic growth and profit growth over the long term." Meanwhile, the Australian Investment Council (AIC) referred to Morrison's victory as "revenge of the Howard battlers" and said the Prime Minister's campaign "exploited middle ...