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Showing 751 - 760 of 14039 results for "Down"

Trump tariffs cause for concern among Australian investors

ELIZA BAVIN  |  THURSDAY, 7 NOV 2024
... different from the American people who, 80 years ago, saved the world from fascism, and who over the following 45 years, stared down and prevailed over Soviet Communism, two of the greatest evils the world have ever known," Eslake said. "Instead, the ...

Interest rates to remain on hold for some time

ELIZA BAVIN  |  WEDNESDAY, 6 NOV 2024
The Reserve Bank of Australia (RBA) left interest rates unchanged at 4.35% at the November meeting, with the board indicating there are no plans for that to change anytime soon. "Headline inflation has fallen, but underlying inflation is still too high. ...

Australian Retirement Trust works to resolve ongoing outages

JAMIE WILLIAMSON  |  MONDAY, 4 NOV 2024
... integrity of customer data. A commenter on Reddit wrote: "This is the equivalent of an employer saying their bank account is down and they don't know when they can pay your wages. Retirees deserve better." In a statement to Financial Standard, ART ...

Most influential financial advisers revealed in FS Power50

ANDREW MCKEAN  |  MONDAY, 4 NOV 2024
... outstanding service to clients and the wider community. Power50 selection began with an open nominations process, which was vetted down to 114 advisers. These advisers proceeded to a voting phase, where readers of Financial Standard and FS Advice voted ...

Westpac profits drop as it prepares for leadership change

ELIZA BAVIN  |  MONDAY, 4 NOV 2024
... strongest he's seen in 30 years. Net interest income increased 2% year on year, while non-interest income was $2.8 billion, down 15% from the year prior, impacted by the sale of businesses in 2023, along with financial markets and wealth management. ...

GROW Inc. chief executive steps down

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2024
Mathew Keeley, the co-founder of GROW Inc., is stepping down as chief executive of the budding administrator. Keeley informed staff of his decision this week, appointing executive chair Rob Johnston as acting chief executive. Brad Cooper has been named ...

Macquarie reports $1.6bn net profit

ANDREW MCKEAN  |  FRIDAY, 1 NOV 2024
... activities, however, undertaken by Macquarie Capital and most businesses in CGM, contributed a $1.4 billion profit. This was down 10% from the first half of 2024 and 34% lower than the second half. Macquarie's net operating income rose to $8.2 billion ...

Industry fund merger finalised; seven board exits confirmed

ANDREW MCKEAN  |  FRIDAY, 1 NOV 2024
... boards, confirming that CareSuper's Robert Potter, Vanessa Seagrove, Merran Kelsall, and Kathie Sampson would be stepping down. From Spirit Super, Rhonda O'Donnell, Susan Parr and Anne O'Donnell will also leave. In addition to Scott and Mazengarb, the ...

Super complaints rise in FY24: AFCA

ELIZA BAVIN  |  THURSDAY, 31 OCT 2024
AFCA's Annual Review revealed the ombudsman service received a record 104,861 complaints from consumers and small businesses in 2023-24, up 8% on the year before. Of those, AFCA received 7325 superannuation complaints, a 5% increase from the previous ...

Commonwealth Bank finally relents on interest rate call

ELIZA BAVIN  |  THURSDAY, 31 OCT 2024
Yesterday's CPI data - which showed trimmed mean inflation has remained stubbornly high - put the final nail in the coffin for those hoping for an interest rate cut in 2024. Commonwealth Bank head of Australian economics Gareth Aird was one of the last ...