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Showing 841 - 850 of 5174 results for "Yes"

Chief economist update: The angel in the capex details

BENJAMIN ONG  |  FRIDAY, 30 NOV 2018
... 2018-19 is $114,099m. This is 4.4% higher than Estimate 4 for 2017-18. Estimate 4 is 11.3% higher than Estimate 3 for 2018-19." Yes Virginia, Australian businesses have upped their capital spending plans in the face of multiplying challenges - trade ...

Miscalculations delay remediation, more issues emerge: AMP

JAMIE WILLIAMSON  |  WEDNESDAY, 28 NOV 2018
... AMP faces in relation to this that it may have another fees for no service case on its hands?" Wilkins simply responded: "Yes." In a statement today, AMP said it is investigating the provision of general advice to corporate super plans. "The matter relates ...

Should banks fund customer litigation?

HARRISON WORLEY  |  TUESDAY, 27 NOV 2018
NAB chair Ken Henry openly asked the Royal Commission whether the bank should fund customer litigation against itself. Remerging at the Royal Commission, NAB's plan service fee issue became a focal point of discussion between the bank's chair and counsel ...

Chief economist update: Wall Street in drunken sailor's shadow

BENJAMIN ONG  |  MONDAY, 26 NOV 2018
The ups and downs in US equities over the past weeks reminds me of the book, "A Random Walk on Wall Street", authored by Princeton University economics professor Burton Malkiel back in 1973, which posited that: "...short run changes in stock prices ...

BEAR should be expanded, ASIC included: Shipton

JAMIE WILLIAMSON  |  FRIDAY, 23 NOV 2018
... governance for a large listed entity to have a board comprised entirely of executive directors, wouldn't it?" "It would be, yes," Shipton replied. Orr then pressed as to why the inclusion of non-executive members on ASICs governing body wouldn't assist ...

Royal Commission: ASIC rethinks negotiation tactics

KARREN VERGARA  |  FRIDAY, 23 NOV 2018
ASIC chair James Shipton has admitted the corporate regulator was too reliant on negotiating resolutions with financial services firms and flagged litigation could take precedence, the Royal Commission heard. Shipton told counsel assisting Rowena Orr ...

Misconduct matters, but stability key for Frydenberg

HARRISON WORLEY  |  FRIDAY, 23 NOV 2018
Treasurer Josh Frydenberg said eliminating misconduct was important, but the Government has other considerations to bear when implementing the Royal Commission's final recommendations. Speaking at the Australian Finance Industry Association conference ...

FPA honours top advisers

KARREN VERGARA  |  THURSDAY, 22 NOV 2018
The Financial Planning Association of Australia kicked off its annual conference in Sydney yesterday afternoon by honouring outstanding professionals in the industry. Perth-based Michael Carmody of Viva Wealth took out the coveted FPA Certified Financial ...

New terms for early super access receives mixed reaction

KARREN VERGARA  |  WEDNESDAY, 21 NOV 2018
Victims of domestic violence will be able to access their superannuation thanks to new measures introduced by the Federal Government. Overall the package has been met with mixed reactions. Victims of domestic and family violence will be able to withdraw ...

Australia's first active fixed income ETF goes live

KANIKA SOOD  |  TUESDAY, 20 NOV 2018
A Legg Mason affiliate has become the first to offer an actively-managed fixed income fund as an exchange-traded fund in Australia. Ringing the bell at the ASX in Sydney yesterday, Western Asset Management portfolio manager Anthony Kirkham listed the ...