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Showing 831 - 840 of 5174 results for "YES"

Westpac executive remuneration voted down

KARREN VERGARA  |  THURSDAY, 13 DEC 2018
Westpac received a first strike for its remuneration report after shareholders overwhelmingly voted against it at the annual general meeting in Perth yesterday. The proposed remuneration report for the year ended 30 September 2018 was cast down by 64.16% ...

Super funds defend $5bn infrastructure investment

DARREN SNYDER  |  TUESDAY, 11 DEC 2018
A consortium including several of Australia's largest superannuation funds will contest allegations from the ACCC that a 2013 purchase of two New South Wales ports breached competition law. The Australian Competition and Consumer Commission (ACCC) has ...

Chief economist update: Aussie property market drop becoming self-fulfilling

BENJAMIN ONG  |  TUESDAY, 11 DEC 2018
We got chills, they're multiplying... How could something so good turn out to be so bad? It was all very good just as 2017 was turning into 2018... so good, that financial markets were pencilling in exit strategies from the world's major economies ...

ASIC appoints second deputy chair

KARREN VERGARA  |  FRIDAY, 7 DEC 2018
ASIC has filled its second deputy chair position to replace Peter Kell, who finished up yesterday. Outgoing Productivity Commission deputy chair and commissioner Karen Chester will commence on 28 January 2019 for a five-year period. Chester was appointed ...

Chief economist update: A prelude to a rate cut?

BENJAMIN ONG  |  FRIDAY, 7 DEC 2018
Could it be? Could it be that the Reserve Bank of Australia (RBA) is now pondering the likelihood that the next move in interest rates is down rather than up? In early June this year, I put forth a thesis that long stretches of steady interest rates ...

APRA takes action against IOOF

HARRISON WORLEY  |  FRIDAY, 7 DEC 2018
APRA is seeking to impose license conditions on IOOF and disqualify several of the firm's executive leaders. In a media release this morning, APRA said it had commenced proceedings in the Federal Court of Australia. It seeks to disqualify five individuals ...

IFM Investors chair lays out priorities

KANIKA SOOD  |  WEDNESDAY, 5 DEC 2018
The $113 billion manager will look towards congested cities to deploy future capital but nothing as big as its Westconnex investment is on the horizon, newly-appointed chair Greg Combet said in a media call today. The former Labor federal minister took ...

New initiatives ready advisers for the future

JAMIE WILLIAMSON  |  WEDNESDAY, 5 DEC 2018
Two new joint ventures and an innovative study hub aim to help financial advisers overcome the challenges they face in the wake of the Royal Commission, meeting new education standards and the growing demand for aged care advice. knowITdigital is looking ...

APRA grilled over superannuation

KANIKA SOOD  |  FRIDAY, 30 NOV 2018
... of formal investigations under the Act are one thing. Making inquiries are another thing. We would make further inquiries, yes. Unfortunately, these are all too common in financial institutions." Byres said APRA would have discussed it with NAB and satisfied ...

Corporate and industry super funds unite

JAMIE WILLIAMSON  |  FRIDAY, 30 NOV 2018
A longstanding corporate retirement fund is merging with an $8.6 billion industry superannuation fund. Members of the Fairbrother Employee Retirement Fund have had their super savings rolled over to Tasplan under a new agreement reached between the ...