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Showing 51 - 60 of 76 results for Andrew McKean

Real unemployment far higher than ABS claims: Roy Morgan

ANDREW MCKEAN  |  TUESDAY, 19 APR 2022
While Australia's unemployment rate has fallen to its lowest level since the pandemic began, there are still millions who remain unemployed or under-employed. Unemployment and under-employment are rife, with the latest Roy Morgan findings showing that ...

AMP confirms sale talks with Dexus

ANDREW MCKEAN  |  TUESDAY, 19 APR 2022
In response to unremitted market speculation, AMP has confirmed that it held discussions with multiple parties, including real estate investment trust Dexus. In an update to investors, AMP said the discussions regarded the potential sale of the assets ...

J.P. Morgan's net income falls 42%

ANDREW MCKEAN  |  THURSDAY, 14 APR 2022
J.P. Morgan posted a US$8.3 billion net income, a 42% year-on-year drop which missed analyst expectations. The poor result was attributed to a net credit reserve build of $US902 million compared to a net credit reserve release of US$5.2 billion in the ...

Easter Bunny feels the inflationary pinch

ANDREW MCKEAN  |  THURSDAY, 14 APR 2022
Funds management boutique Firetrail Investments has highlighted soaring cocoa commodity prices this Easter break via its chocolate index. Firetrail's global chocolate index has shown that select cocoa related commodities have risen 32% since the start ...

ISA uncovers disgraceful regional gender super gap

ANDREW MCKEAN  |  THURSDAY, 14 APR 2022
Industry Super Australia has said women in their 40s that live in regional Victorian city Bendigo have half the superannuation of men. It's believed this large divergence first expanded when many local women took time out of the workforce to have children. ...

ETF growth slows but investors remain resilient

ANDREW MCKEAN  |  WEDNESDAY, 13 APR 2022
After two straight months of negative growth, the Australian ETF industry regained its growth trajectory in March, as share markets also rebounded strongly. A BetaShares Australian ETF review reported the industry grew 4.1% month on month and ended ...

ASIC imposes travel restraint orders against ex-director

ANDREW MCKEAN  |  WEDNESDAY, 13 APR 2022
ASIC has obtained interim travel restrain orders against Mark Francis McCabe, a former director of Guevara Capital Access and Online Trading Capital. ASIC applied for these orders because it is concerned that from 31 July 2014 and ongoing, McCabe may ...

APRA 'digging into' super fund contributions to unions

ANDREW MCKEAN  |  WEDNESDAY, 13 APR 2022
After questioning from Senator Andrew Bragg at Senate estimates, prudential regulator APRA shared it has done some preliminary investigations about payments to unions. Bragg has claimed that superannuation which should be for workers has turned into ...

Barrenjoey poaches several new hires

ANDREW MCKEAN  |  TUESDAY, 12 APR 2022
Barrenjoey has recently acquired several key senior staff from rival companies. The new appointees include Sam Webb from Credit Suisse for small caps sales. He'll work alongside founding principal and head of emerging company's Chad Mikhael ...

MaxCap Group expands direct investment team

ANDREW MCKEAN  |  TUESDAY, 12 APR 2022
Real estate financier MaxCap Group has announced that Adam Cook has joined its direct investment team as director. Cook will report to MaxCap's head of direct investment Simon Hullet and be responsible for originating new equity investment opportunities ...