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Showing 4921 - 4930 of 14213 results for "Interest"

ASIC cracks down on non-compliant AFSL

JAMIE WILLIAMSON  |  MONDAY, 21 JAN 2019
ASIC has slapped additional conditions on the AFSL of an advice practice operating on the New South Wales Central Coast. Surveillance by ASIC showed HNW Planning failed to adequately monitor and supervise its representatives. Its audit processes were ...

ASIC seeks new default super partner

JAMIE WILLIAMSON  |  FRIDAY, 18 JAN 2019
ASIC is on the hunt for a new default superannuation fund for employees but smaller funds need not bother applying. In tender documents the corporate regulator specified it will only consider bids made by super funds with at least $10 billion in assets ...

Chief economist update: Australian property market slump

BENJAMIN ONG  |  FRIDAY, 18 JAN 2019
... self-fulfilling prophecy as buyers wait for even cheaper prices. The Reserve Bank of Australia (RBA) should be planning for an interest rate cut at this point in time before the roof falls on property. Homebuyers can afford to wait for property prices ...

Australian Ethical divests IOOF

KARREN VERGARA  |  FRIDAY, 18 JAN 2019
Australian Ethical is in the process of divesting its $8.8 million stake in IOOF. Australian Ethical head of ethics research Stuart Palmer said the decision was driven by IOOF's failure to put governance and conflicts management arrangements into ...

Chief economist update: Crude oil to the rescue

BENJAMIN ONG  |  THURSDAY, 17 JAN 2019
... of which are largely oil-dependent. Lower oil prices are, net-net, positive for growth. They are de facto tax cuts or interest rate reductions in that they raise household disposable income that, in turn, lifts consumer spending and by extension, economic ...

No-deal Brexit prolongs market uncertainty

KARREN VERGARA  |  WEDNESDAY, 16 JAN 2019
... trade agreements with both the UK and the EU will be a priority for Australia as it will be in the country's best interest interests to remain with the EU of 508 million people, she said. Moving forward, Raiz chief executive George Lucas said the ...

IOOF, ANZ deal not in best interests of members: Morningstar

JAMIE WILLIAMSON  |  WEDNESDAY, 16 JAN 2019
... circumstances, we believe it will be difficult for the P&I trustee to conclude such a successor fund transfer is in the best interest of members," a Morningstar research note said. The final report to come out of the Royal Commission next month will ...

Xinja funds platform for growth

OSKAH DUNNIN  |  WEDNESDAY, 16 JAN 2019
... Xinja to maintain its appeal well into 2019 and beyond. "Xinja hit the ground running with its first equity crowdfund and interest continued to remain strong from previous and new investors who were keen to know when the next raise would be," he said. ...

Poor equities performance sees MySuper suffer

JAMIE WILLIAMSON  |  TUESDAY, 15 JAN 2019
... lost 2.3% and 0.7% in November respectively. However, this was offset by the positive performance of property, fixed interest and cash, the net effect of which was an average monthly return of -0.6%. Returns on investment in real asset such as property ...

Chief economist update: The curse of Japan's consumption tax hike

BENJAMIN ONG  |  TUESDAY, 15 JAN 2019
... ensure that the BOJ would continue with its policy "Quantitative and Qualitative Monetary Easing (QQE) with a Negative Interest Rate" and "expanding the monetary base until the year-on-year rate of increase in the observed CPI (all items less fresh food) ...