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Showing 901 - 910 of 2181 results for "In March"

Chief economist update: Blame the US economy for the widening trade gap

BENJAMIN ONG  |  WEDNESDAY, 29 AUG 2018
... Trump might label the Census Bureau's numbers on "International Trade in Goods" as "fake stats". It refutes his claim in March that "trade wars are good, and easy to win." The report shows America's balance of trade in goods increased to a larger-than-expected ...

Retail super funds in hot water: Royal Commission

KARREN VERGARA  |  MONDAY, 27 AUG 2018
... trailing commissions may potentially breaching the section 52(2)(d)(i) and (d)(iii) of the SIS Act. CBA admitted to APRA in March 2014 it breached the SIS Act on 13,000 occasions after it was unable to determine if First Choice Personal Super members ...

Former Magellan executive appointed to Contango board

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
... Amos said. Campbell joins the board ahead of Contango's acquisition of the remaining stake of Switzer Asset Management. In March this year, CGA acquired a 46.25% stake in the retail business of Switzer Asset Management. Marty Switzer who had been acting ...

Chief economist update: Look ma, inflation ate my wages

BENJAMIN ONG  |  THURSDAY, 16 AUG 2018
... our brethren in the public sector (nominal wages up 2.4% in the June quarter). Although their real wages slid from 0.5% in March to 0.3% in June, this is heaps more than real wages growth in the private sector of minus 0.1% last quarter. Reminds me of ...

Financial crime taskforce puts two behind bars

KARREN VERGARA  |  MONDAY, 13 AUG 2018
... $5.7 million of income and bonuses. He has a non-parole period of four years while Agius will be eligible for parole in March 2021. In 2006, the Australian Taxation Office and Australian Federal Police began investigating large-scale money laundering ...

Zurich names executive lineup for new business

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
... chief distribution officer Kristine Brooks will lead the distribution and marketing teams across the expanded business. In March, Zurich announced it would retain OnePath's brand and identity. To this end, it today announced that the two brands' head ...

Chief economist update: Heaven can wait but the BOE couldn't

BENJAMIN ONG  |  FRIDAY, 3 AUG 2018
... wages - annual growth in UK average weekly earnings (excluding bonuses) slowed to 2.7% in May from 2.8% in April and 2.9% in March - the BOE is confident that, "the tightening labour market was expected to continue to feed through into faster growth ...

Chief economist update: Inflation genie still inside the box

BENJAMIN ONG  |  THURSDAY, 26 JUL 2018
... already lacklustre consumer spending - retail sales growth slowed to 2.5% in the year to May from 2.7% in April and 3.1% in March - that leads to lower inflation as businesses offer discounts to maintain revenues, that leads to low wage growth (by virtue ...

Sunsuper appoints former AustralianSuper executive

KANIKA SOOD  |  MONDAY, 23 JUL 2018
... with the $2.5 billion AustSafe Super early next year, creating a $58 billion super fund with 1.4 million members. Also in March, Sunsuper finalised its merger with Melbourne-based Kinetic Super. Williams was appointed after a national recruitment search ...

Crypto exchange enters superannuation market

KARREN VERGARA  |  TUESDAY, 17 JUL 2018
... said, adding it works with other central banks as well as interacts with big and small entities active in cryptocurrency. In March, it was reported complex cryptocurrency assets are driving financial advisers to reconsider the advice process, particularly ...