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Showing 7601 - 7610 of 17963 results for "Bank"

Falling cash rate puts gold in 'sweet spot'

LAURA MILLAN  |  WEDNESDAY, 6 MAY 2015
... sweet spot for gold," ABC Bullion chief economist Jordan Eliseo said. The World Gold Council revealed that in 2014 central bank gold purchases hit nearly 500 tones. "In the last 50 years, only once have central banks bought more gold than they did last ...

RBA cuts as expected, A$ does the unexpected

BENJAMIN ONG  |  WEDNESDAY, 6 MAY 2015
... getting wrong-footed three for three, expert guessers finally got their RBA rate cut calls correctly - the Australian central bank gave in and delivered a 25 basis point reduction, taking the official cash rate to a new record low 2.0% -- but I bet my ...

Market Wrap AM

AAP  |  WEDNESDAY, 6 MAY 2015
... HIA new home sales for March is due out. And in equities news, News Corp releases third quarter earnings, the Commonwealth Bank issues its March quarter trading update and Woolworths releases its third quarter sales results. In Australia, the market ...

Insurance drives ANZ wealth performance

AAP  |  TUESDAY, 5 MAY 2015
... 2.4 million customers and manages more than $68 billion in investment and retirement savings. The overall result for the bank beat market expectations by lifting its first half cash profit five per cent to $3.676 billion, thanks to solid growth across ...

SMSF trustees warned SuperStream deadline looms

MARK SMITH  |  TUESDAY, 5 MAY 2015
... information from employers electronically. To achieve this end SMSFs need to give employers their Australian business number, bank account details and electronic service address. An electronic service address is used to receive electronic contributions ...

Aviva launches first in range of new funds

DARREN SNYDER  |  TUESDAY, 5 MAY 2015
... The Aviva Investors Multi-Strategy (AIMS) Target Return Fund is aiming to deliver returns of 5% per annum above the Reserve Bank of Australia base rate over any rolling three-year period. The fund's strategy was launched globally in July last year, and ...

Robo advice questions still unanswered

DARREN SNYDER  |  TUESDAY, 5 MAY 2015
Venture capitalists, among others, are investing heavily into financial robo advice models yet industry heads say many questions remain unanswered. At a recent Association of Superannuation Funds of Australia (ASFA) forum, Mercer Innovation Hub leader ...

Market wrap

AAP  |  TUESDAY, 5 MAY 2015
The share market is higher after bank stocks rallied on the back of ANZ's solid profit result. ANZ delivered a better-than-expect first half cash profit on Tuesday, a day after Westpac disappointed the market with a flat earnings result that triggered ...

Senior executives come in threes for Koda

DARREN SNYDER  |  TUESDAY, 5 MAY 2015
Independent private wealth management firm Koda Capital recently appointed three experienced executives from Macquarie Bank and Morgan Stanley. The appointments include Charles Moore and Simon Duckett from Macquarie Bank and Mark Pollasky from Morgan ...

Will nice numbers make RBA a bad guy?

BENJAMIN ONG  |  TUESDAY, 5 MAY 2015
... strong - very strong - housing approvals are the latest domestic economic stats the men and women of the Board of the Reserve Bank of Australia (RBA) would have seen before they commence their deliberation on monetary policy this morning. Gov Glenn and ...