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Showing 411 - 420 of 1038 results for "ARI"

Westpoint investors to receive $1.5m

HARRISON WORLEY  |  WEDNESDAY, 20 MAR 2019
A class action launched by ASIC has seen $1.5 million return to investors in Westpoint Group. More than 200 former Wespoint investors who were members of a class action moved against Brighton Hall Securities by the corporate regulator will see $1.5 ...

RBA issues stern climate change warning

ELIZABETH MCARTHUR  |  MONDAY, 18 MAR 2019
The Reserve Bank of Australia says the economy faces an "abrupt" blow to financial stability from climate change. In a speech, RBA's deputy governor Guy Debelle said climate change will likely have a permanent effect on the Australian economic landscape. ...

NAB agrees to RC wealth recommendations

HARRISON WORLEY  |  FRIDAY, 15 MAR 2019
National Australia Bank agreed to all of the Royal Commission's recommendations directly relating to the wealth management industry. Releasing its full response to Commissioner Hayne's 76 suggested changes to Australia's financial services industry ...

Bond fund launches to local investors

KARREN VERGARA  |  MONDAY, 11 MAR 2019
A new credit fund has launched to Australian wholesale investors. The Loomis Sayles World Multi-Asset Credit Fund invests in global investment grade and high yield credit, bank and securitised loans, and emerging markets sectors. It replicates the $US2.9 ...

MSCI ups China A-shares, managers respond

KANIKA SOOD  |  THURSDAY, 7 MAR 2019
MSCI said it will increase weighting of China A-shares in its indices from 5% to 20% by the end of this year. Here's what managers think. Mainland Chinese shares could rise: VanEck VanEck believes the inclusion could hoist mainland Chinese shares ...

Government launches TPB review

HARRISON WORLEY  |  WEDNESDAY, 6 MAR 2019
The Federal Government launched a review into the effectiveness of the Tax Practitioners Board. In a media release on Tuesday Assistant Treasurer Stuart Robert said the review would examine the TPB's effectiveness in ensuring tax agent services are ...

FPA disciplines two members

HARRISON WORLEY  |  MONDAY, 4 MAR 2019
Two Financial Planning Association of Australia members have faced immediate sanctions following determinations from the association's Conduct Review Commission. On Friday the FPA said two members would be stripped of their membership and professional ...

Chief economist update: Cut it, cut it now

BENJAMIN ONG  |  THURSDAY, 21 FEB 2019
What's the time Mr Wolf? It's time to go Philip! It's time for RBA governor Philip Lowe to go and cut interest rates. Perhaps impatience may have gotten the better of me for it's only been two weeks since the Australian central bank ...

New TPB chair welcomed

JAMIE WILLIAMSON  |  WEDNESDAY, 20 FEB 2019
The Federal Government has named the new chair of the Tax Practitioners Board. Ian Klug is set to take over as chair of the TPB, replacing Ian Taylor who has served in the role for six years. Klug was a partner at Pitcher Partners for 18 years to 2008 ...

Conflicts of interest recommendation falls short

KARREN VERGARA  |  MONDAY, 4 FEB 2019
Industry Super Australia has criticised the banking Royal Commission final report for falling short of addressing conflicts of interest. Industry Super Australia said the structure of the industry and other profit-to-member super funds has avoided such ...