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Showing 161 - 170 of 2991 results for "January 1998"

Unemployment rate rises to 3.7%

ANDREW MCKEAN  |  FRIDAY, 17 FEB 2023
Australia's unemployment rate has risen to 3.7%, according to the Australian Bureau of Statistics (ABS). The ABS reported a decline in employment for the second consecutive month, following a period of robust jobs growth throughout 2022. Employment ...

Former Big Un chief charged with insider trading

CASSANDRA BALDINI  |  WEDNESDAY, 15 FEB 2023
Richard Evans could face up to 10 years in prison following ASIC allegations that he communicated inside information about the former ASX-listed company. Evans, also known as Richard Simon Evertz, was represented by his lawyer in the Downing Centre ...

Super, advice class actions dampen CBA results

KARREN VERGARA  |  WEDNESDAY, 15 FEB 2023
Despite reporting bumper profits this morning, Commonwealth Bank continues to put out fires from its misconduct stemming from the Hayne Royal Commission, as it looks to tackle several class actions in 2023. One ongoing lawsuit alleges that Colonial ...

Mason Stevens welcomes former Iress chief

CASSANDRA BALDINI  |  TUESDAY, 14 FEB 2023
Mason Stevens has appointed former Iress chief executive Andrew Walsh as chair of its board. Mason Stevens chief executive Tim Yule said Walsh brings nearly three decades of experience in financial services to the role. "Including 13 years at the helm ...

Fiducian expands adviser base, increases FUA

KARREN VERGARA  |  MONDAY, 13 FEB 2023
Fiducian saw the number of its financial advisers grow from 66 to 84 representatives in the second half of 2022 and flagged that another five franchises are in the process of joining the fold. Releasing its half-year report on the ASX this morning ...

Pengana offloads Lizard Investors stake

CHLOE WALKER  |  FRIDAY, 10 FEB 2023
Pengana Capital Group has agreed to divest its 65% direct equity stake in Chicago-based asset management firm Lizard Investors (Lizard). The divestment is part of a management buyout led by Lizard chief investment officer and portfolio manager Jon Moog. ...

ETFs start 2023 with a bang: BetaShares

CHLOE WALKER  |  THURSDAY, 9 FEB 2023
Australia's ETF industry grew 3.7% in January for a total monthly market cap increase of $4.7 billion, according to BetaShares' latest review. The report, penned by BetaShares chief commercial officer Ilan Israelstam, said that industry assets under ...

Vanguard Super head resigns

CHLOE WALKER  |  TUESDAY, 7 FEB 2023
Just three months on from the launch of its product, the head of Vanguard's superannuation business is set to leave. Michael Lovett will depart Vanguard at the end of the month. Commenting on Lovett's departure, Vanguard Australia managing director ...

Magellan FUM increases despite outflows

CASSANDRA BALDINI  |  MONDAY, 6 FEB 2023
Magellan reported net outflows of $0.5 billion in January but said its funds under management (FUM) increased slightly by almost 2% last month. The group said FUM shifted in January to $46.2 billion from $45.3 in December, however it is still down in ...

ASIC bans Gold Coast businessman

CASSANDRA BALDINI  |  TUESDAY, 31 JAN 2023
ASIC has banned a Gold Coast director from providing financial services for four years after discovering his business leased an algorithmic trading program and operated without a licence. Gregory William Finerty, the sole director of Bradford AI, has ...