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Showing 961 - 970 of 5869 results for "July"

MSC Trustees adds to board

JAMIE WILLIAMSON  |  MONDAY, 15 AUG 2022
... intends to apply to ASIC for a corporate collective investment vehicle (CCIV) authority. The CCIV regime came into effect on July 1. The composition of its board also aligns MSC Trustees to the findings of ASIC's review of responsible entity governance ...

China records historic trade surplus

ANDREW MCKEAN  |  FRIDAY, 12 AUG 2022
... strong exports; however, headline inflation continued its upward trend. Chinese exports exceeded market expectations again in July, supported by shipments to ASEAN and the European Union. According to Barclays, this result demonstrates that the disruptions ...

US inflation drops to 8.5%

CASSANDRA BALDINI  |  THURSDAY, 11 AUG 2022
... to rise and are up 5.7% over the past 12 months. The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in July on a seasonally adjusted basis after rising 1.3% in June. Apostle portfolio manager Steven Spearing said the Fed itself may ...

Aussie crypto investors bullish despite market volatility

CHLOE WALKER  |  THURSDAY, 11 AUG 2022
... finding come from the Syfe Investor Pulse 2022 which polled over 1,000 Australian respondents from 25 to 45 years of age in July. According to the research, crypto (34%) is now on par with property as a future investment vehicle (34%) and, alongside ...

Government to review adviser professional standards

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
... Existing advisers have until September 30 to pass the exam to continue providing financial advice. The final sitting ran from July 28 to August 1, with results expected in the coming weeks. The Financial Planning Association of Australia welcomed Jones' ...

Business confidence, conditions rally: NAB

ANDREW MCKEAN  |  WEDNESDAY, 10 AUG 2022
... further evidence the economy is reaching its limits, after hitting new records in June, cost indicators bounced higher again in July. On a quarterly basis, labour costs also grew 4.6% (previously 3.1%). NAB advised this was due to a combination of new ...

Aussie investment habits improving: Superhero

CHLOE WALKER  |  WEDNESDAY, 10 AUG 2022
... investors have a 'new financial year, new me' attitude," Winters said. "To see our younger investors so resolutely look to July as an opportunity to set themselves up for long-term financial success is encouraging. "These mid-year resolutions are able ...

Review of ASIC funding model begins

ANDREW MCKEAN  |  TUESDAY, 9 AUG 2022
... will provide an opportunity for stakeholders to provide input into the review. The ASIC Industry Funding Model commenced in July 2017, following a recommendation of the Financial System Inquiry that the government introduce a cost recovery model for ...

Convicted former financial adviser banned for life

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
... prohibited him from providing financial services. Nesseim was also permanently banned from engaging in credit activities from July 2019, after he was found not to be a fit and proper person to engage in credit activities. He pleaded guilty to five charges ...

Magellan FUM decline continues but eases

CHLOE WALKER  |  THURSDAY, 4 AUG 2022
... another blow to its funds under management, however the damage isn't nearly as bad as previous months saw. At the end of July, Magellan recorded total FUM of $60.2 billion, down from $61.3 billion the month prior. Magellan said it experienced net outflows ...