Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 991 - 1000 of 1756 results for "Covid"

AIST calls for top-ups for low-income ERS recipients

ANNABELLE DICKSON, KANIKA SOOD  |  MONDAY, 24 AUG 2020
... prevent the long-term financial impacts of the pandemic on the superannuation system. The submission focuses on the impact COVID-19 has had on widening an already unevenly distributed retirement savings gap, particularly in regards to the government's ...

VanEck to launch four new ETFs

ALLY SELBY  |  MONDAY, 24 AUG 2020
... important consequences for healthcare spending, he said, as healthcare costs significantly increase as people age. "With the COVID-19 pandemic too boosting healthcare demand dramatically, businesses in the sector will likely reap the benefits of ongoing ...

Elanor Investor sees positive FY20 results

ELIZA BAVIN  |  MONDAY, 24 AUG 2020
... growth in funds under management of $305 million to around $1.7 billion. Elanor chief executive Glenn Willis said while the COVID-19 pandemic continues to present challenging operating conditions, he is pleases with the groups resilient performance. ...

Dividend cuts not as bad as expected

KANIKA SOOD  |  FRIDAY, 21 AUG 2020
... expected," Price said. The prudential regulator in April asked banks and insurers to consider deferring dividend decisions until COVID-19's impact was clearer. At July end, it relaxed dividend payout expectation a little but still said the cohort ...

Suncorp wealth business down

ELIZA BAVIN  |  FRIDAY, 21 AUG 2020
... funds under administration for its wealth business, as it posted a 6.8% fall in ongoing operations for FY20 as a result of COVID-19. Suncorp has been battered by extreme weather events, high reinsurance costs and low investment returns after the most ...

Chief economist update: Second wave turning our V into a W

BENJAMIN ONG  |  FRIDAY, 21 AUG 2020
... latest fall was the softest since March, however". The latest PMI results, preliminary they may be, reinforces the fact that COVID-19 is the final arbiter of the outlook for the domestic and global economies. Latest reports out of Victoria engender optimism. ...

Perpetual profits plummet

ALLY SELBY  |  THURSDAY, 20 AUG 2020
... year on year, blaming an increase in outflows from its investments business as well as the challenging conditions of the COVID-19 pandemic for the decline. Revenue for the full year also dropped, down 5% to $489.2 million, reflective of a lower level ...

Iress posts mixed half year results

ANNABELLE DICKSON  |  THURSDAY, 20 AUG 2020
... accessible to clients working remotely," he said. "Our software and services have proven to be reliable and resilient during COVID-19. Demand has remained strong with increased interest in our digital offering." Iress noted that the pandemic has not ...

REITs better value than bonds, equities: LaSalle

ALLY SELBY  |  WEDNESDAY, 19 AUG 2020
... billion in global assets under management. Despite the serious headwinds faced by the real estate industry in the face of the COVID-19 pandemic, many companies are in a far better position than they were during the Global Financial Crisis, LaSalle Investment ...

ACCC flags dangers of ERS

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 AUG 2020
... focussed on identity theft, with the agency saying they've seen a huge uptick in scams taking advantage of people during the COVID-19 pandemic. ACCC deputy chair Delia Rickard said the agency has seen a 55% increase in identity theft which it believes ...