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Showing 781 - 790 of 8321 results for "retail"

Cash rate hits 4.1%

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
... it over the edge. Diana Mousina, deputy chief economist at AMP, said signs that the economy is weakening are everywhere. Retail sales has slowed, the unemployment rate is rising, building construction is collapsing, and this is all occurring at a time ...

Senate Committee rethinks franking credit changes

ANDREW MCKEAN  |  TUESDAY, 6 JUN 2023
... dividends may only be paid irregularly." ASA chief executive Rachel Waterhouse welcomed the Senate Committee's attentiveness to retail investor and stakeholder concerns. She also underscored the significance of franking credits for many Australian shareholders ...

Economists divided over cash rate decision

ANDREW MCKEAN  |  MONDAY, 5 JUN 2023
... a hike is unlikely, but equally can't be ruled out. "The arguments for holding steady include that: the recent falls in retail sales and building approvals suggest weakening growth; the April jobs numbers suggested the labour market is loosening; the ...

Collapsed trading house hit with charges

CHLOE WALKER  |  MONDAY, 5 JUN 2023
Two former directors of collapsed retail over-the-counter derivatives provider Berndale Capital Securities have been charged with dishonesty offences, including misusing over $1 million in company funds. Stavro D'Amore and Daniel Kirby are alleged to ...

Dexus, Partners Wealth Group airport fund to take off

CHLOE WALKER  |  MONDAY, 5 JUN 2023
... servicing 39 million passengers annually and with no curfew. Commercial revenues of the airport are derived across a range of retail, ground transport and property activities. "Dexus has a strong reputation amongst high net wealth investors following ...

ASIC issues first-of-its-kind stop order

CASSANDRA BALDINI  |  MONDAY, 5 JUN 2023
... prevents the broker from opening trading accounts or dealing in CFDs or margin foreign exchange contracts (margin FX) to retail investors. ASIC said the action is its first in response to a contravention of the reasonable steps obligations regarding ...

Spaceship told to cease super, funds distribution

JAMIE WILLIAMSON  |  FRIDAY, 2 JUN 2023
... on May 31, barring Spaceship Capital and its issuer Diversa from distributing or providing financial product advice to retail clients recommending the products. ASIC is concerned the existing target market determination for Spaceship Super has too broad ...

Inflation rises to 6.8%

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
The Consumer Price Index (CPI) has jumped from 6.3% to 6.8%, adding to theories Australians could be in for another rate hike. The latest CPI numbers, released yesterday by the Australian Bureau of Statistics (ABS), exceeded economist predictions of ...

Adviser registration extended to October

KARREN VERGARA  |  WEDNESDAY, 31 MAY 2023
... unregistered. The legislation defines a relevant provider as "an individual who is authorised to provide personal advice to retail clients about relevant financial products." It is also a licensee; an authorised representative of a licensee; or an employee ...

Challenger real estate arm price tag drops

KARREN VERGARA  |  MONDAY, 29 MAY 2023
... have a 12.8% stake. Challenger's real estate funds management business has about $3.4 billion in assets across the retail, industrial and office sectors. Elanor anticipates it will have $6.4 billion in assets under management upon completion and ...