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Showing 581 - 590 of 1848 results for "Prime"

BBSW methodology restores trust

DARREN SNYDER  |  TUESDAY, 22 MAY 2018
... transactions at traded prices," the statement said. Previously the BBSW was calculated from the best executable bids and offers for Prime Bank securities. A major concern in recent years has been the low trading volumes during the rate-set window, the ...

More adviser participation needed to shape ethics code

JAMIE WILLIAMSON  |  WEDNESDAY, 16 MAY 2018
... manager Rob Lavery said the draft code contains several, less prescriptive measures the industry will also have to abide by. A prime example is a condition to act in accordance with the spirit of all laws and regulations, Lavery said. Labelling it a ...

Chief economist update: Budget surplus can wait

BENJAMIN ONG  |  TUESDAY, 8 MAY 2018
What better to focus the minds of the Australian Prime Minister and Federal Treasurer than a general election coming to a theatre near us - no later than May next year. This time is not different. The government of the day is going out here, there and ...

ANZ culls sales incentives for planners

KANIKA SOOD  |  MONDAY, 7 MAY 2018
... end of the year. Earlier last month, ANZ footed a $50 million bill in compensating its fee-for-no-service bungle for its Prime Access Clients, also copping an enforceable undertaking from ASIC. At the time, ASIC said the compensation program was "nearing ...

Whitehelm Capital acquires AGL assets

KARREN VERGARA  |  FRIDAY, 27 APR 2018
... Challenger under its Fidante Partners multi-boutique funds management platform. It is also the investment consultant to Prime Super. In September 2017, Whitehelm acquired a petroleum tank storage terminal in the Netherlands on behalf of several pension ...

Chief economist update: Malcolm puts agricuture in the middle

BENJAMIN ONG  |  MONDAY, 23 APR 2018
... when you say politically it would have been better for us if we had done it years ago." These are the words from Australian Prime Minister Malcolm Turnbull doing a "mea culpa" for waiting two years before establishing the Royal Commission investigating ...

Government targeted for delaying Royal Commission

ALEX BURKE  |  FRIDAY, 20 APR 2018
... week. Perhaps unsurprisingly, much of the criticism was leveled by Labor and Greens politicians - although the former Deputy Prime Minister also expressed his regret for opposing it. In the past I argued against a Royal Commission into banking. I was ...

Chief economist update: Trump trumps Brexit

BENJAMIN ONG  |  TUESDAY, 10 APR 2018
... data show that the US enjoyed a US$3.3 billion surplus with the UK in 2017 (up from US$1 billion in the previous year). UK Prime Minister Theresa May and Bank of England (BOE) governor Mark Carney could at least focus on the domestic economy. While UK ...

Prime Access bungle costs ANZ $50 million

KANIKA SOOD  |  FRIDAY, 6 APR 2018
... has entered an enforceable agreement with ASIC and has footed a $50 million compensation bill as it puts the lid on its Prime Access compliance bungle. Back in 2015, an investigation by the corporate regulator revealed the bank had failed to provide ...

Antipodes expands investment team, creates active ETF

DARREN SNYDER  |  THURSDAY, 5 APR 2018
Sydney-based global equities manager Antipodes is welcoming a new managing director as well as three new investment team members. It is also establishing its second active exchange-traded product and launching Irish-domiciled UCITS funds for its three ...