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Showing 9011 - 9020 of 21783 results for "Dec"

Chief economist update: Forget asking for a pay rise

BENJAMIN ONG  |  FRIDAY, 18 MAY 2018
It's good and...it's bad. The statistician's estimates of the Australian labour market for April provide something to crow about for the optimists and the pessimists alike. As the bulls would have it (that includes the Coalition government ...

Macquarie merges private wealth businesses

KANIKA SOOD  |  THURSDAY, 17 MAY 2018
Macquarie Group is consolidating its private bank and private wealth businesses to concentrate its growth strategy on high net-worth (HNW) clients, a move it expects to affect advisers. HNW clients are already the exclusive focus of Macquarie's private ...

ASIC cancels Melbourne firm's AFSL

KANIKA SOOD  |  THURSDAY, 17 MAY 2018
ASIC has cancelled the Australian financial services (AFS) licence of a Melbourne-based advice firm, which was among a trio of companies that copped a $7.2 million fine from the corporate regulator in February. ASIC took Wealth & Risk Management Pty ...

PIMCO and Allianz begin hiring spree for new business

ALEX BURKE  |  THURSDAY, 17 MAY 2018
PIMCO and Allianz are launching a new Australian retirement income business and recruiting 50 roles in distribution, technology, actuarial, legal, operations, compliance, marketing and customer experience. The new business, Allianz Retire+ Powered by ...

Gig economy intriguing millennials: Deloitte

HARRISON WORLEY  |  THURSDAY, 17 MAY 2018
Latest research from Deloitte shows 43% of millennials envisage leaving their job within two years. The accounting firm's 2018 survey into millennials and Gen Z shows the two generations do not hold much loyalty to their employer, and are intrigued ...

Industry fund drops admin fees

JAMIE WILLIAMSON  |  THURSDAY, 17 MAY 2018
The members of a $20 billion industry superannuation fund will benefit from a reduction in administration fees following a review. VicSuper has lowered administration fees across its FutureSaver and Flexible Income accounts. Fees for the former have ...

Chief economist update: Onwards and downwards to a recession?

BENJAMIN ONG  |  THURSDAY, 17 MAY 2018
Now look at what you've done. It's over! Japan's eight consecutive quarters of expansion is no more. Preliminary estimates show the country's real GDP contracted by 0.2% in the March quarter, more than reversing the 0.1% gain in the ...

Chief economist update: Stuck in the very slow lane

BENJAMIN ONG  |  WEDNESDAY, 16 MAY 2018
Now we know. Growth in Australian wages remained stuck cruising at a low altitude of 2.1% in the March 2018 quarter, unchanged from the previous quarter and the quarter before that. Take these annual growth rates to two decimal places and we find that ...

Industry fund awards emerging markets mandate

DARREN SNYDER  |  WEDNESDAY, 16 MAY 2018
An investment manager fast approaching US$10 billion in assets under management and advice recently won an emerging markets equities mandate from an industry superannuation fund. ClariVest Asset Management will manage the $75 million mandate from the ...

ANZ insto property head joins $2.3bn debt manager

HARRISON WORLEY  |  WEDNESDAY, 16 MAY 2018
The former head of institutional property at ANZ has joined a commercial real estate debt manager as investment director. Based in Sydney, Eddie Law will focus on the New South Wales, Queensland and ACT markets; he will manage relationships with borrowers ...