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Showing 4741 - 4750 of 9317 results for "Red"

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 2 SEP 2016
Australia capex The Australian Bureau of Statistics' (ABS) report on business investment shows actual private new capital expenditure drop by 5.4% in the June quarter following a similar 5.4% decline in the three months to period and worse than market ...

Future Fund ahead of target on tenth birthday

MARK SMITH  |  THURSDAY, 1 SEP 2016
The Future Fund has celebrated its tenth anniversary by passing a significant funds under management milestone after achieving ahead of target performance numbers. At 30 June the flagship Future Fund reached $122.8 billion in funds under management ...

Mark Dunsford attacks FSC over life reforms

JAMIE WILLIAMSON  |  THURSDAY, 1 SEP 2016
Financial Services Council chief executive Sally Loane has fired back at Life Insurance Customer Group member Mark Dunsford who claims the reforms contained in the Life Insurance Framework are designed purely to benefit life companies and banks. In ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 1 SEP 2016
Australia private sector credit Total private sector credit increased by 0.4% in July - in line with market expectations - following a 0.2% gain in the previous month. Credit to housing and to business went up by 0.5% and 0.3%, respectively while personal ...

Inflows and performance boost Australian Ethical profits

MARK SMITH  |  WEDNESDAY, 31 AUG 2016
Australian Ethical has extended its run of strong financial performance, raising net after tax profits 53% to $3 million in the 12 months to 30 June. The rise in profits was driven by net inflows of $319 million, up 78% on last year. Group funds under ...

Spring FG CEO steps down temporarily

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2016
Spring Financial Group has appointed an acting chief executive to reduce managing director Keith Cullen's workload while he recovers from recent surgery. Current head of advice services Frank Paul has taken on the interim role, having previous leadership ...

NAB dispels housing bubble "toil and trouble"

ALEX BURKE  |  WEDNESDAY, 31 AUG 2016
A NAB executive played down fears of a housing crisis in Australia at an Actuaries Institute seminar. Speaking at the seminar in Sydney, NAB's global head of research for the global markets division Peter Jolly said that while Australian real estate ...

Insurers face significant asset risk charges from downgrade

KERRIE SYDEE  |  TUESDAY, 30 AUG 2016
Life and general insurers face the risk of higher asset charges if a sovereign downgrade occurs, according to senior portfolio manager- fixed income at Nikko Asset Management, Darren Langer. In July Standard and Poor's Global Ratings (S&P) revised the ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 30 AUG 2016
Australia HIA new home sales Fresh data released by the Housing Industry Association (HIA) on sales of new homes has triggered concerns that Australia's housing boom is coming to an end. New home sales dropped by 9.7% -- the fastest since May 2006 - ...

MySuper insurance widely misunderstood

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2016
A lack of understanding around aspects of insurance within MySuper could lead to big problems down the track, according to a panel discussion at the recent Workplace Super Specialists Australia (WSSA) annual conference. During a panel session entitled ...