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Showing 811 - 820 of 1917 results for "Lendi"

NAB dispels housing bubble "toil and trouble"

ALEX BURKE  |  WEDNESDAY, 31 AUG 2016
A NAB executive played down fears of a housing crisis in Australia at an Actuaries Institute seminar. Speaking at the seminar in Sydney, NAB's global head of research for the global markets division Peter Jolly said that while Australian real estate ...

Storm Financial investor slams court decision

ALEX BURKE  |  MONDAY, 29 AUG 2016
The joint chair of the Storm Investors Consumer Action Group has criticised the Federal Court's recent ruling against Storm Financial. Seven years after going into administration, Storm Financial has been found by the court to have provided inappropriate ...

Northern Trust expands Australian office

DARREN SNYDER  |  THURSDAY, 18 AUG 2016
Northern Trust is establishing a capital markets presence in Australia through its new securities lending trading desk based in Sydney. The global wealth management firm is also appointing a senior foreign exchange sales representative in its Sydney ...

AAT upholds ASIC adviser ban

KERRIE SYDEE  |  FRIDAY, 12 AUG 2016
The Administrative Appeals Tribunal (AAT) has upheld a decision to permanently ban a Sydney finance broker. Shiv Sahay of Lidcombe NSW, was permanently banned from providing financial services and engaging in credit activity following an ASIC investigation ...

PROFILE: Qantas Super chief executive Michael Clancy

DARREN SNYDER  |  FRIDAY, 12 AUG 2016
Qantas Super chief executive Michael Clancy believes it is within most people's means to better understand and engage with their superannuation. It is this mantra that will help shape the corporate super fund. Every time Michael Clancy steps off a Qantas ...

SMSF trustee fined $40K for SIS breaches

KERRIE SYDEE  |  THURSDAY, 11 AUG 2016
An SMSF trustee was fined $40,000 for 30 separate breaches of the SIS Act and ordered to pay the ATO's costs of $14,000. A trustee of the Felix Super Fund, Michael Rodriguez, was handed the fine after an ATO audit found that Rodriguez was using the ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 11 AUG 2016
Australian consumer confidence The Westpac-Melbourne Institute consumer sentiment index rebounded by 2.0% in August after declining by 3.0% in July. More importantly, at a reading of 101.4, optimists outnumbered pessimists this month. Not surprisingly ...

Central bank Olympics - the race is on

BENJAMIN ONG  |  MONDAY, 8 AUG 2016
Some of the world's major central banks have already started the race even before the opening ceremony of "Rio 2016" on the 3rd of August. Perhaps it was much too early but the European Central Bank (ECB) opted not to start running when at its governing ...

YBR wealth restructure sees multiple job cuts

KERRIE SYDEE  |  WEDNESDAY, 3 AUG 2016
Yellow Brick Road will transition to a franchise model and consolidate staff members as the company shifts focus towards increased productivity and adviser recruitment. In a statement, YBR said the changes follow the acquisition of Resi Mortgage Corporation ...

Economic Wrap

ALEX DUNNIN  |  FRIDAY, 22 JUL 2016
NZ to require home buyers to have 40% deposit In response to surging New Zealand property prices, NZ banks have tightened the screws on buyers by decreasing the maximum loan-to-valuation ratios. Industry regulations require buyers to have 30% deposit ...