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Showing 851 - 860 of 2143 results for "AUD"

Chief economist update: The Budget surplus can wait

BENJAMIN ONG  |  THURSDAY, 6 JUN 2019
"Anything that could go wrong will go wrong." - Murphy's law. It seems like it for us, Australians all. The latest (although dated) GDP growth figures showed that domestic economic growth slowed to its slowest pace in a decade (in the midst of the ...

Magellan changes board responsibilities

KANIKA SOOD  |  WEDNESDAY, 5 JUN 2019
Magellan Financial Group has made changes to board responsibilities, including a new deputy chair for the company. Hamish McLennan has been appointed as deputy chair of Magellan Financial Group, second to Hamish Douglass who is chair of the ASX-listed ...

The case for tax deductible advice

JAMIE WILLIAMSON  |  MONDAY, 3 JUN 2019
A growing community of like-minded financial advisers is adding its voice to calls for advice to be deemed tax deductible, as advice businesses grapple with the pressures of increased education standards and the Royal Commission. XY Adviser, along with ...

Advisers wary of unlisted assets: Sunsuper

ELIZABETH MCARTHUR  |  THURSDAY, 30 MAY 2019
Many financial advisers believe unlisted assets lack transparency and are illiquid, growth investments. At the Sunsuper Adviser Roadshow in Sydney yesterday, an audience of advisers was informally polled on their thoughts about alternative, unlisted ...

Major instos hit with cartel class action

ELIZABETH MCARTHUR  |  MONDAY, 27 MAY 2019
... foreign exchange market was the eighth largest in the world and the Australian dollar was the fifth most traded currency - the AUD/USD was the fourth most traded currency pair.

Chief economist update: June RBA rate cut not a sure bet

BENJAMIN ONG  |  FRIDAY, 17 MAY 2019
... this year, it's heading there. The prospect of lower borrowing costs which should stimulate consumer spending, a cheaper AUD to bump up domestic exporters' competitiveness, and lift offshore earnings through currency translations effects all ...

GSFM announces strategic partnership

ELIZABETH MCARTHUR  |  MONDAY, 6 MAY 2019
... between the team and the fund's investors, he added. The fund is benchmarked against MSCI World ex-Australia Small Cap Index in $AUD with net dividends reinvested. The partnership brings GSFM's range of specialist funds management partnerships to seven ...

Suncorp Super appoints new chair

ELIZABETH MCARTHUR  |  FRIDAY, 3 MAY 2019
The chair of Suncorp's superannuation business is retiring and an interim chair has been named. Jan Swinhoe, who is also chair of Mercer Superannuation, was appointed interim chair of Suncorp Portfolio Services. Her appointment follows the retirement ...

ASIC suspends advice group AFSL

ELIZABETH MCARTHUR  |  THURSDAY, 2 MAY 2019
ASIC has suspended the Australian financial services licence of a Sydney-based financial advice group. Australasia Wealth Services and Management failed to obtain membership of the Australian Financial Complaints Authority (AFCA), therefore breaching ...

Big banks forced to cut costs: Perennial Value

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 MAY 2019
Despite a positive economic and regulatory outlook, Australia's big banks will look to cut costs as the fallout from the Royal Commission continues. That is the view of Perennial portfolio manager Andrew King, who said ongoing efforts to remediate customers ...