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Showing 9401 - 9410 of 21783 results for "Dec"

Australians raid super to pay for medical expenses

EMMA RAPAPORT  |  WEDNESDAY, 10 JAN 2018
Australians are increasingly dipping into their superannuation accounts to pay for medical expenses including gastric banding and IVF. Figures from the Department of Human Services reveal that in 2016-17, more than $290 million was rereleased from the ...

Chief economist update: A prelude to taper?

BENJAMIN ONG  |  WEDNESDAY, 10 JAN 2018
The Bank of Japan's (BOJ) announcement that it's trimming ¥10 billion off its purchases of 10 to 25-year and 25 to 40-year JGBs sent the Japanese yen 0.5% higher against the US dollar to ¥112.43 after it sparked renewed taper speculations. While Bloomberg ...

Australian instos included in top infrastructure deal

DARREN SNYDER  |  TUESDAY, 9 JAN 2018
The $7.6 billion sale of Endeavour Energy to a consortium of Australian and global institutional investors ranked among the world's top 10 largest infrastructure deals in 2017. The deal, which included Australian investors AMP Capital, Macquarie Infrastructure ...

Only way is up for global economy: Baur

DARREN SNYDER  |  TUESDAY, 9 JAN 2018
Giving his 2018 Financial Standard Chief Economists Forum preview, Principal Global Investors chief global economist Bob Baur says it's hard to find any near-term threats to the global economy. Speaking to Financial Standard, Baur said the world economy ...

Leading tech company farewells NZX

JAMIE WILLIAMSON  |  TUESDAY, 9 JAN 2018
A global cloud accounting software provider has provided clarification as to when it intends to delist from the New Zealand Stock Exchange. In a statement to the ASX, Xero has confirmed that the final day of trading for Xero on the NZX will be Wednesday ...

RNY wind-up sought as ASIC blocks Aurora move

ALEX BURKE  |  TUESDAY, 9 JAN 2018
RNY Australia Management (RAML), currently acting as responsible entity for the RNY Property Trust (RNY), will seek to wind up RNY in light of a decision against prospective RE Aurora Funds Management. ASIC did not grant a variation to Aurora's licence ...

J.P. Morgan winds up global equities fund

ALEX BURKE  |  TUESDAY, 9 JAN 2018
J.P. Morgan has requested the responsible entity of one of its global equity products to terminate the fund and distribute net proceeds to unitholders. The JPMorgan Global Income Fund was launched in December 2013 and, based on Rainmaker data, had about ...

AustralianSuper embraces goals-based advice

JAMIE WILLIAMSON  |  TUESDAY, 9 JAN 2018
Australia's largest superannuation fund is making the switch to goals-based financial advice. Speaking to Financial Standard, AustralianSuper group executive, member experience and advice Shawn Blackmore said the $120 billion fund has started to integrate ...

Getting better and betterer

BENJAMIN ONG  |  TUESDAY, 9 JAN 2018
There's certainly no denying that the bulls ruled Wall Street over the course of 2017 with its record breaking feat splattered all over the financial headlines one day after another. Less focused on was the fact that the S&P 500, the DJIA and the Nasdaq ...

Former Centra Wealth adviser banned

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2018
A South Australian financial adviser was permanently banned after he was found to be receiving fees for service into his personal bank account. ASIC has banned David Mario Alafaci on the basis that he is not of good fame or character. An authorised ...