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Showing 5681 - 5690 of 10709 results for "May 1997"

Fintechs issued AFSL warning

MARK SMITH  |  THURSDAY, 9 APR 2015
Some financial technology (fintech) businesses may be unwittingly providing financial services without an Australian Financial Services Licence (AFSL) or Australian Credit Licence (ACL), putting themselves in breach of the law and opening themselves ...

The first is always the best

BENJAMIN ONG  |  THURSDAY, 9 APR 2015
Maybe June. Perhaps one of the 'ber' months of 2015. Could be early 2016 or later that year. Or... until the twelfth of never? This, as much, is what the much-awaited minutes of the 17-18 March FOMC meeting told us. That Yellen & Co, themselves, aren't ...

ASIC to investigate AUD spike

ALEX BURKE  |  WEDNESDAY, 8 APR 2015
ASIC is investigating a suspicious spike in the Australian dollar that occurred seconds before the RBA announced it was keeping cash rates on hold at 2.25%. The Australian dollar rose to 76.07 US cents (from 75.97) just prior to the RBA's announcement ...

Strike three

BENJAMIN ONG  |  WEDNESDAY, 8 APR 2015
It's a hat trick. It's three for three. Three times that the Reserve Bank of Australia (RBA) wrong-footed market expectations. Governor Glenn Stevens cut interest rates by 25 basis points to a record low 2.25% back in February when markets expected ...

Market wrap

AAP  |  TUESDAY, 7 APR 2015
Expectations of a Reserve Bank interest rate cut have given the share market a post-Easter boost, with virtually all sectors making gains. Banking and dividend-paying stocks are the main beneficiaries ahead of the central bank's April meeting on Tuesday ...

Funds wrestling with liquidity problem

MARK SMITH  |  TUESDAY, 7 APR 2015
Future Fund managing director David Neal has expressed concern at the lack of safe, liquid investments available for institutional investors to deploy their vast amounts of cash. Asked at an Association of Superannuation Funds of Australia (ASFA) Investment ...

Rice Warner chief supports commissions cap

ALEX BURKE  |  THURSDAY, 2 APR 2015
Rice Warner chief executive Michael Rice said the commission structure proposed in the Trowbridge Report is a "necessary improvement". In an article written for Rice Warner's INSIGHTS section, he noted the difficulty of changing established remuneration ...

Market wrap

AAP  |  THURSDAY, 2 APR 2015
The sharemarket has opened higher on expectations of an interest rate cut after the price of Australia's largest export, iron ore, fell to fresh lows. The iron ore price dropped below $US50 a tonne overnight, extending a run of losses that began a week ...

Super breaks $2trn on way to $9trn

ALEX DUNNIN  |  THURSDAY, 2 APR 2015
Superannuation has now passed through $2 trillion and is well on its way to exceeding $9 trillion over the next 20 years, according to new research released by Rainmaker. While official figures are yet to confirm the $2 trillion marker has been crossed ...

The RBA not in full control of dollar-A

BENJAMIN ONG  |  THURSDAY, 2 APR 2015
Remember the, "That 40% odds of an April rate cut last week - up from 36% the week before - has now risen to 68% this week" I typed on this space 24 hours ago? They've just gone up to 72% and the Australian dollar's fall to a low of US$0.7597 (down ...