Search ResultsShowing 31 - 40 of 100+ results for "Australian"
Chief economist update: The Grinch steals Christmas
BENJAMIN ONG  |  WEDNESDAY, 4 DEC 2019
... higher/lower interest rates to flow through into the general economy; the RBA exudes optimism with its statement "the Australian economy appears to have reached a gentle turning point" - backed up by its 2021 central scenario for the economy to grow ...
HUB24 announces new board appointment
ALLY SELBY  |  TUESDAY, 3 DEC 2019
... after HUB24 was highlighted as one of the only ASX200 companies without a female representative on its board in the Australian Institute of Company Directors' Gender Diversity Report for 2019.
AMP given the boot by AFL
KANIKA SOOD  |  TUESDAY, 3 DEC 2019
AMP has lost its long-standing mandate as the default superannuation fund for the Australian Football League's players and employees. Starting 28 February 2020, Hostplus will be the AFL's default fund of choice. AMP won the mandate in 1999 ...
Global firm cuts fund fees
HARRISON WORLEY  |  TUESDAY, 3 DEC 2019
... Brandywine Global Income Optimiser Fund to 0.65% per annum, as the offering approaches its three-year anniversary in the Australian market. Legg Mason managing director Andy Sowerby said the current position and predicted direction of the cash rate gave ...
China still positive despite unrest
ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
... growth over the past few decades, so one has to wonder how much more can be expected in the years to come. If you ask Australian companies, it's a lot. In November, China's largest company Alibaba held its annual Singles Day event. Much like Black Friday ...
Life insurers lost $3.4b over five years: APRA
ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
The Australian Prudential Regulation Authority has launched an intervention into the life insurance market in response to ongoing heavy losses in respect of individual disability income insurance. The regulator announced a series of measures, including ...
Sargon opens door to trustee tech
ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
... complexity and its associated cost only continues to grow under an increasing regulatory burden," Kingston said. "For Australian superannuation, members' fees now exceed $30 billion per year. Improving efficiencies and reducing the operating cost of ...
Fee cuts at super fund
KANIKA SOOD  |  MONDAY, 2 DEC 2019
... investment fees on three options by 10 bps to 19 bps, with its chair saying the cuts will help it be more competitive. Australian Ethical will now charge 40 basis points instead of the prior 50 bps per year as investment fees for its defensive option ...
Former NAB, Infocus advisers banned
ALLY SELBY  |  MONDAY, 2 DEC 2019
... assessments of products that might achieve clients' objectives and needs." The regulator also found that the South Australian adviser "backdated advice documents to give the impression to her licensees that she had complied with her obligations under ...
Global fixed income trust launched
ELIZA BAVIN  |  MONDAY, 2 DEC 2019
... generate returns." Ross Cartwright, MFS managing director, head of retail, Australia and New Zealand, said: "With Australian interest rates at a record low, using a global approach to seek additional sources of income and improved risk/reward in fixed ...
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