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Showing 8131 - 8140 of 21779 results for "Dec"

Australia back in the black

KANIKA SOOD  |  TUESDAY, 2 APR 2019
Australia's budget is back in the black after 12 years, as the Treasurer estimates a surplus of $7.1 billion or 0.4% of the GDP for 2019-20. Federal Treasurer Josh Frydenberg said the Government will put the surplus towards getting rid of the net ...

Infrastructure gets $100 billion

KANIKA SOOD  |  TUESDAY, 2 APR 2019
The Government says it will put $100 billion towards key transportation infrastructure over the next decade. It adds $25 billion to last year's Budget commitment to spend $75 billion over 10 years in the area. "This includes $2 billion to help deliver ...

Budget 2019-20: Social media reacts

KARREN VERGARA  |  TUESDAY, 2 APR 2019
Federal Treasurer Josh Frydenberg ignited mixed reactions on social media when he handed down the 2019-20 Budget tonight. Here's what Twitter accounts had to say. The Liberals boasted achieving a Budget surplus - the first in over a decade. #BREAKING ...

JPMorgan portfolio manager leaves

KANIKA SOOD  |  TUESDAY, 2 APR 2019
A portfolio manager at a $460 million JPMorgan strategy has left, sparking a review of the strategy at Morningstar. The JPMorgan Global Macro Opportunities Fund has been managed by James Elliot and Shrenick Shah since they co-created the strategy in ...

AustralianSuper hikes insurance fees

KARREN VERGARA  |  TUESDAY, 2 APR 2019
AustralianSuper is increasing the cost of insurance, blaming the Federal Government's recent Protecting Your Super legislation for the changes. On 1 June 2019, the cost of TPD and income protection cover will rise for AustralianSuper members with ...

UBS small caps team launches boutique

KANIKA SOOD  |  TUESDAY, 2 APR 2019
UBS Asset Management's small caps team is kicking off a boutique at Challenger's multi-boutique business Fidante Partners with a new unit trust in the works. Stephen Wood, Victor Gomes and David Haddad worked together for eight years on the ...

New insto sales lead at Robeco

KANIKA SOOD  |  TUESDAY, 2 APR 2019
The international asset manager has hired a new director of institutional sales for its local business. Chris Wildman joined Robeco last month as director, institutional sales from Mirae Asset Global Investments. Wildman was head of distribution at ...

Chief economist update: China stitches it in time

BENJAMIN ONG  |  TUESDAY, 2 APR 2019
If you want a poster boy to that old saying that, "a stitch in time saves nine" China is it. Latest data show that China's manufacturing sector is back in expansion. The official National Bureau of Statistics (NBS) China manufacturing PMI increased ...

FEW recognises Thalia Stanley Group founder

KARREN VERGARA  |  MONDAY, 1 APR 2019
The founder of Thalia Stanley Group was recognised for her contribution to financial literacy and mentorship. Marion Mays won the Positive Progression of Women Award at the annual Financial Executive Women Leadership Conference, which was held in Sydney ...

Chief economist update: No credit to the RBA

BENJAMIN ONG  |  MONDAY, 1 APR 2019
If the Reserve Bank of Australia's (RBA) very own Financial Aggregates report - released on March 29 - doesn't convince the board to switch from its current "neutral stance" to an interest rate cut very, very soon, by the time it does - and ...