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Showing 7241 - 7250 of 20555 results for "BEN"

ECB disengages from currency war

BENJAMIN ONG  |  TUESDAY, 15 AUG 2017
One thing stood out when the Reserve Banks of India (RBI), Australia (RBA) and New Zealand (RBNZ) conducted their monetary policy meetings in August, and that is... they all want a lower exchange rate (please sir). Both the RBA and the RBNZ kept interest ...

CBA chief executive will stand down

EMMA RAPAPORT  |  MONDAY, 14 AUG 2017
Embattled Commonwealth Bank chief executive Ian Narev will retire from the bank by the end of the 2018 financial year, board chair Catherine Livingstone has announced. The decision, said to have been made by the board in conjunction with Narev, will ...

Low-flation becoming less transitory?

BENJAMIN ONG  |  MONDAY, 14 AUG 2017
In its 26 July FOMC statement, the Fed noted: "Inflation on a 12-month basis is expected to remain somewhat below 2% in the near term but to stabilise around the Committee's 2% objective over the medium term. Near-term risks to the economic outlook ...

AMP Capital seeks growth in Real Estate

EMMA RAPAPORT  |  FRIDAY, 11 AUG 2017
AMP Capital is gearing up for its next phase of growth with several appointments across its Real Estate business. According to AMP Capital global head of real estate Carmel Hourigan, these appointments demonstrate the continued momentum behind AMP Capital ...

ANZ foots compensation bill

KARREN VERGARA  |  FRIDAY, 11 AUG 2017
ANZ will compensate consumers a total of $10.5 million as a result of OnePath compliance breaches. According to ASIC, ANZ's wealth, insurance and advice arm, OnePath, failed to process superannuation contributions and manage lost inactive member balances ...

Trump and Kim go ballistic

BENJAMIN ONG  |  FRIDAY, 11 AUG 2017
I'll see your "fire and fury" and raise you Guam. Yes Virginia, that's Trump and Kim going ballistic once again as they play high stakes ICBM poker. Who will be the first to blink and fold? From what we already know of each players' character and temperament ...

Class and Countplus partner

EMMA RAPAPORT  |  THURSDAY, 10 AUG 2017
Software provider Class inked a partnership with accounting and financial advice network Countplus for the provision of self-managed super funds and wealth accounting software. Countplus practices will now have access to centralised billing and supporting ...

Wages separate businesses from consumers

BENJAMIN ONG  |  THURSDAY, 10 AUG 2017
Not happy Jan! This is the collective cry of Australian consumers according to the latest Westpac-Melbourne Institute consumer sentiment survey. Yet only a day before, the NAB business survey showed that business conditions in July were at their best ...

Major advice firm endorses first home super saver scheme

DARREN SNYDER  |  WEDNESDAY, 9 AUG 2017
A prominent financial advisory firm is backing the Federal Government's First Home Super Saver Scheme even though it has received backlash from superannuation industry bodies. Dixon Advisory believes the latest draft legislation proposes more flexibility ...

Less room for mid-tier asset managers: Stern

ALEX BURKE  |  WEDNESDAY, 9 AUG 2017
Standard Life Investments head of multi-asset and macro investing, Guy Stern, believes the asset management industry will soon stratify into trillion-dollar players and boutiques - with not much room for a middle ground. Speaking to Financial Standard ...