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Showing 4771 - 4780 of 14213 results for "Interest"

Chief economist update: No credit to the RBA

BENJAMIN ONG  |  MONDAY, 1 APR 2019
... Aggregates report - released on March 29 - doesn't convince the board to switch from its current "neutral stance" to an interest rate cut very, very soon, by the time it does - and it will - it might be too late to reverse the slowing growth momentum ...

NAB needs 500 staff for remediation

ELIZABETH MCARTHUR  |  FRIDAY, 29 MAR 2019
... already begun implementing changes. The positive changes he listed included the bank's decision not to charge default interest to agricultural customers impacted by drought, the creation of a board customer committee to ensure fair products and evaluate ...

Consumers confused by general, personal advice

ELIZABETH MCARTHUR  |  FRIDAY, 29 MAR 2019
ASIC has released a new report saying consumers are confusing different types of financial advice. New research by the regulator shows consumers are having a hard time telling the difference between 'general' and 'personal' advice, putting them at risk ...

Chief economist update: The Fed should act now

BENJAMIN ONG  |  FRIDAY, 29 MAR 2019
... Alan Greenspan's rationale that the drop in US bond yields at the same time that fed funds rate were being raised - "interest rate conundrum" was likely due to the global savings glut. We now know what happened thereafter. Last night's US GDP ...

APRA warns trustees on expectations

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAR 2019
... include assessing and improving member outcomes, trustee board capabilities and culture, risk governance, conflicts of interest, data and reporting, accountability and remuneration, insurance and inactive accounts, and the sole purpose test. On the issue ...

Frydenberg takes action on banning grandfathered commissions

HARRISON WORLEY  |  THURSDAY, 28 MAR 2019
... a benefit to a financial adviser that incentivises them to recommend a financial product that may not be in the best interest of clients. "Grandfathered conflicted remuneration can entrench consumers in older products even when newer, better and more ...

Chief economist update: A question of when?

BENJAMIN ONG  |  THURSDAY, 28 MAR 2019
... meeting to 42.9% from 9.9%; and, at its December meeting to 40.8% from 14.2%. Moreover, bets that the Fed would cut the interest rates twice this year had been increasing - currently a 1.9% probability in June from just 0.1% a month ago; 14.4% in September ...

Investors raise alarm on Facebook

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAR 2019
In the wake of the Christchurch terrorist attack, many are questioning the role of Facebook in investment portfolios. After the social media giant live streamed the shootings, ethical investors have been forced to consider whether Facebook genuinely ...

Natixis bets on thematic investing

KANIKA SOOD  |  WEDNESDAY, 27 MAR 2019
... innovation and scarcity. "We are long-term by design in our investment style and in close alignment with our clients' interest," she said. Natixis had about $7.5 billion in assets under management in Australia, as at February end.

Federal Court shuts down Linchpin and Endeavour Securities

KARREN VERGARA  |  TUESDAY, 26 MAR 2019
ASIC has helped put Endeavour Securities and Linchpin Capital Group into liquidation. The Federal Court also ordered the registered scheme operated by Endeavour and the unregistered scheme operated by Linchpin - both called the Investport Income Opportunity ...