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Showing 871 - 880 of 4157 results for "April"

Economic recap: Week to July 2

BENJAMIN ONG  |  MONDAY, 5 JUL 2021
... better in May (-6.4% from -7.8%) while growth in housing credit quickened to an annual rate of 4.8% in May (from 4.4% in April) with both owner-occupied housing (6.6% vs. 6.2%) and investment housing (1.6% vs. 1.1%) picking up pace. This makes the continued ...

Westpac in fresh $87m remediation program

KARREN VERGARA  |  FRIDAY, 2 JUL 2021
... Westpac only notified ASIC about the advisers' bungle in July 2019 and provided more information about the severity in April 2020. Corporate actions cover a range of activities by publicly listed companies, including buy backs, renounceable and non-renounceable ...

Regulators warn trustees of super advice fee obligations

KARREN VERGARA  |  THURSDAY, 1 JUL 2021
... their superannuation should pay for that advice directly. The regulators reminded trustees about their new obligations on 10 April 2019 and are reinforcing their expectations again. The latest letter expressed that APRA and ASIC expects trustees to have ...

Homebuyer schemes speed up saving time

ANNABELLE DICKSON  |  THURSDAY, 1 JUL 2021
... Adelaide (13.9%). "This is the highest annual rate of growth seen across the Australian residential property market since April 2004, when the early 2000's housing boom was winding down after a period of exceptional growth. However, there are some ...

Regulators urge wider DDO adoption

JAMIE WILLIAMSON  |  WEDNESDAY, 30 JUN 2021
... Distribution Obligations (DDO) legislation. Releasing notes from the inaugural Superannuation CEO Roundtable that took place on April 30, ASIC and APRA said chief executives in attendance noted there is ongoing industry discussion as to what defines ...

360 Capital offloads E&P stake

KANIKA SOOD  |  TUESDAY, 29 JUN 2021
... 360 raised its offer for EP1 shares by 13% to 60 cents per share. Eventually it was unsuccessful and dropped the bid in April.

Chief economist update: Delta variant infects Australian economy

BENJAMIN ONG  |  TUESDAY, 29 JUN 2021
... start of the pandemic. The unemployment rate dropped to 5.1% in May - the seventh straight month of decline -- from 5.5% in April and 5.3% in March 2020 when lockdowns started. Record or near-record high business conditions and confidence and above-average ...

Adviser slapped with four-year ban

KARREN VERGARA  |  MONDAY, 28 JUN 2021
... former Meritum Financial Group and InterPrac Financial Planning adviser has copped a ban from the corporate regulator. From 1 April 2021, ASIC banned Hobart-based Hannah Jennings from providing financial services for four years for failing to act in ...

Chief economist update: Japan still waiting for the sun to rise

BENJAMIN ONG  |  MONDAY, 28 JUN 2021
... straight month indicating contraction in private sector activity - from May's final reading of 48.8 in May and 51.0 in April. "New orders also reduced for the second successive month, and at the fastest pace since February. Panel members commonly ...

Chief economist update: UK not there yet

BENJAMIN ONG  |  FRIDAY, 25 JUN 2021
... prices recede. UK inflation is certainly headed higher. Headline CPI inflation accelerated from an annual rate of 1.5% in April to 2.1% in May - above the 2% target and the 1.8% rate predicted in the May Report. Likewise, core inflation quickened from ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN  |   12:33PM
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA  |   11:56AM
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI  |   11:09AM
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA  |   12:20PM
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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