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Showing 21 - 30 of 299 results for %22Australian National Accounts%22

IOOF hires from AustralianSuper

ELIZABETH MCARTHUR  |  THURSDAY, 1 JUL 2021
... administration (FUA) being migrated onto Evolve. The company also recently completed its acquisition of MLC Wealth from National Australia Bank, adding 406 financial advisers to IOOF and making key appointments. The merger has also doubled the size of ...

Chief economist update: Delta variant infects Australian economy

BENJAMIN ONG  |  TUESDAY, 29 JUN 2021
... the end of that year. Only NAB agreed with the RBA's assurance. Given the stronger than expected recovery in the Australian economy, the 'Big Four minus one' have very good reasons for their earlier than promised tightening. The Australian ...

Chief economist update: Australia on top

BENJAMIN ONG  |  THURSDAY, 3 JUN 2021
... was, of course, singing about the Big Apple (New York) but comparing apples with apples, Australia's on top. The Australian Bureau of Statistics' (ABS) 'National Accounts' show the Australian economy expanded by 1.8% in the March 2021 ...

ASIC cancels AFSLs

ANNABELLE DICKSON  |  TUESDAY, 25 MAY 2021
The corporate regulator has cancelled the Australian financial services licences (AFSL) of two providers for failing to lodge audited financial accounts and failing to maintain an AFCA membership. Victorian-based financial services provider and mortgage ...

Rise of the mega funds continues

ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
... ongoing merger activity - which kept up during COVID but will now accelerate, mostly in the industry funds sector," KPMG national sector leader, asset & wealth management Linda Elkins said. "Over the next few years, we will see an increase in scale of ...

Praemium expands distribution footprint

KARREN VERGARA  |  TUESDAY, 6 APR 2021
... growing base of advice firms." Praemium reported a 69% jump in funds under administration to $34.3 billion for its Australian platform for the half-year to December 2020. Net-profit after tax grew 113% to $3 million following the acquisition of Powerwrap. ...

Chief economist update: OECD sees stronger growth ahead

BENJAMIN ONG  |  WEDNESDAY, 10 MAR 2021
... Biden's US$1.9 trillion stimulus. But the real standout is this "land girth by sea". For compared with the US of A, the Australian economy contracted by less -- -2.5% in 2020 compared with the US' -3.5%. It's not only against the US but the ...

Chief economist update: The great Australian rebound

BENJAMIN ONG  |  THURSDAY, 4 MAR 2021
... from the ashes of COVID-19 will forever be etched in this lucky country's - and the world's - history. The Australian Bureau of Statistics' (ABS) National Accounts show the Australian economy expanded by 3.1% in the December 2020 quarter ...

ATO targets SMSF fraud

ANNABELLE DICKSON  |  MONDAY, 22 FEB 2021
The Australian Taxation Office (ATO) is focusing attention on new SMSFs registrations after identifying illegal release of super. Speaking at the SMSFA National Conference assistant commissioner Justin Micale said results of its 'secure front door program' ...

BOQ acquires ME Bank

ELIZABETH MCARTHUR  |  MONDAY, 22 FEB 2021
... Melbourne-based presence will be retained. "Today's decision represents a permanent shift for the better in the Australian banking landscape. This agreement brings together two culturally aligned organisations to form what will be an enhanced and ...