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07 October 2016 • By Tim Stewart • 1 min read

No ‘systemic issue’ at NAB: Thorburn

NAB chief executive Andrew Thorburn has denied the existence of a “systemic issue” within the bank’s wealth management division, despite the removal ...

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Active managers underperforming benchmarks

Australian active managers are underperforming their benchmarks more often than not over one, three and five-year periods, according to S&P Global

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Property market subject to China's whims

The future strength of Australia's housing sector will be primarily determined by Chinese policymakers, says Altair Asset Management. In a note to ...

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Reporting deadline looming for AFSLs

Australian Financial Services licensees have until 31 October 2016 to lodge their annual financial statements and auditor's reports with ASIC

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Australian GDP growth set to improve: HSBC

Australia’s economy is set to improve as growth rebalances away from the mining sector and in to housing and services, according to HSBC

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ETF providers cut fees

BlackRock and Vanguard have both announced fee reductions within their ETF product suites. Speaking to InvestorDaily, BlackRock Australia head of ...

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Praemium appoints Australian executives

Praemium Limited has named Martin Morris as the business’ new head of distribution, one of three appointments to the company’s Australian distribution ...

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Parametric expands Australian capability

Parametric Portfolio Associates has created a new role, hiring Susan Bu as analyst, product management in the business’ Australian office

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ANZ boss defends BBSW traders

ANZ chief executive Shayne Elliott has defended his organisation’s decision to reinstate five bank bill swap rate (BBSW) traders prior to the ...

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'Areas of vulnerability' still remain: APRA

The major threats to Australia's "broadly healthy" financial system are commercial and residential property, bank capital levels, rising insurance ...

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