Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 701 - 710 of 2042 results for "EIT"

Clime taps retail market

KARREN VERGARA  |  THURSDAY, 11 APR 2019
Clime Investment Management is expanding its reach to self-directed investors by adding four portfolios to an online platform. OpenInvest now hosts Clime's defensive income, sustainable income, robust growth and maximum growth portfolios on its ...

Poor governance spurs calls for directorship caps

JAMIE WILLIAMSON  |  MONDAY, 8 APR 2019
Governance experts are questioning how directors of multiple boards fulfil their duties and drive sustainable performance. Appearing at the Financial Executive Women Leadership Conference in Sydney last month, BMFS Consulting managing director Sarah ...

Chief economist update: Hoping for the best, preparing for the worst of Brexit

BENJAMIN ONG  |  THURSDAY, 4 APR 2019
When its monetary policy committee met on 21 March and voted unanimously to keep the Bank Rate unchanged at 0.75 and maintain bond purchases at £435 billion, the Bank of England (BOE) declared its future actions would largely depend on Brexit. "The ...

Board of Taxation reviews granny flat taxes

ELIZABETH MCARTHUR  |  MONDAY, 1 APR 2019
The Board of Taxation has commenced a review into the tax implications of granny flat arrangements. The board has recently consulted with stakeholders from within the Government including the Department of Social Services, Department of Human Services ...

Banks move to derisk, workforces shrink

KANIKA SOOD  |  MONDAY, 25 MAR 2019
Australian employment figures and economic outlook could take a hit as major banks move to derisk their businesses by hiving off wealth and financial advice businesses. Westpac has announced it is exiting personal financial advice. Commonwealth Bank ...

Franking changes feared by shareholders

HARRISON WORLEY  |  TUESDAY, 19 MAR 2019
Shareholders of a listed investment company fear Labor's proposed franking credit changes will hit them hard. The Australian Foundation Investment Company said a survey of its shareholders reveals they expect to be heavily affected by the changes to ...

Brookfield acquires 62% of Oaktree Capital

KANIKA SOOD  |  FRIDAY, 15 MAR 2019
Brookfield Asset Management is set to acquire 62% of Oaktree Capital, creating a $672 billion alternative investment behemoth. The 120-year-old Canadian firm will pay roughly $6.8 billion for the stake in Oaktree Capital. Following the transaction ...

Banks, ASIC still at war over fees-for-no-service

HARRISON WORLEY  |  TUESDAY, 12 MAR 2019
ASIC's fee-for-no-service report card shows the regulator and some financial advice licensees still have fundamentally different views on what constitutes a fee-worthy service. ASIC's fees-for-no-service further review report card has shone light on ...

NZ Super makes transparency play

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
The New Zealand government's retirement savings vehicle has established a platform to record its votes at listed company AGMs. NZ Super Fund will allow stakeholders to search its voting data by country and company, down to individual resolutions across ...

Chief economist update: A capitalist in communist clothes

BENJAMIN ONG  |  WEDNESDAY, 6 MAR 2019
As expected, the Reserve Bank of Australia (RBA) did nothing to monetary policy after the conclusion of its second board meeting this year. It kept the official cash rate at a record low, predicated on the same rationale it put forth at its February ...