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Showing 651 - 660 of 7599 results for "Know"

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI  |  THURSDAY, 15 AUG 2024
... governor Andrew Hauser while addressing the Economic Society of Australia on Monday, going as far as calling those claiming to know-it-all "false prophets". Bendigo Bank's chief economist David Robertson supports the RBA's sentiment, saying Australians ...

AFCA urges super trustees to improve processes

ELIZA BAVIN  |  TUESDAY, 13 AUG 2024
The Australian Financial Complaints Authority (AFCA) said the average loss on a superannuation scam complaint was just under $90,000. AFCA said of the nearly 11,000 complaints in relation to scams last financial year, less than 20 came from superannuation ...

Wollemi Capital appoints former state Treasurer

ELIZA BAVIN  |  MONDAY, 12 AUG 2024
Wollemi Capital has appointed former NSW Treasurer Matt Kean as director, regulatory affairs and strategic partnerships. Wollemi said Kean - who was recently appointed chair of the Climate Change Authority - brings deep expertise in catalysing public ...

What Yarra Capital is buying in the dip

ELIZA BAVIN  |  THURSDAY, 8 AUG 2024
Global markets were rocked at the start of this week over fears of a potential US recession after a higher-than-expected jump in US unemployment figures. But Yarra Capital head of macro and strategy Tim Toohey said while the risk of a recession in the ...

AMP sells advice licensees to Entireti, AZ NGA

JAMIE WILLIAMSON  |  THURSDAY, 8 AUG 2024
AMP will sell its advice licensees and support services business to Entireti and AZ NGA and offload its minority stakes in 16 individual practices. It comes as the advice business reports a net loss of $15 million. Entireti, formerly Fortnum Private ...

AFSLs can lose licence on CSLR intervention

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2024
... compensation up to $150,000. We effectively step in on behalf of the organisation. But as we do that, we're required to let ASIC know that we've made the payment and under that legislation ASIC is then required to cancel the licence of that entity." ...

RBA on hold: Experts split on 2024 cut

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
... governor Michele Bullock said the case for an interest rate cut in the near-term was not a likely scenario. "Based on what I know today and what the board knows today, what we can say is that a near-term reduction in the cash rate doesn't align with ...

Global X chief to step down

ANDREW MCKEAN  |  TUESDAY, 6 AUG 2024
Global X ETFs Australia chief executive Evan Metcalf will step down from his role at the end of October after a decade with the firm. During the transition period, chief operating officer Oliver Reynolds and head of sales Manny Damianakis will oversee ...

Chief financial officer roles 'widely ambiguous': Research

ELIZA BAVIN  |  TUESDAY, 6 AUG 2024
The role of a chief financial officer is "widely ambiguous," according to new research conducted by Monash University. The research suggested that the role has a range of conflicting expectations placed upon it, relating to digital transformation, leadership ...

'Unrealistic overconfidence' major issue for new advice clients

ELIZA BAVIN  |  FRIDAY, 2 AUG 2024
... perceive as genuinely acting in their best interest," Netwealth said. "It is important that advice firms don't assume prospects know what advice really is and the benefits of advice." The research found people considering advice often don't have a good ...