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

Search Results

Showing 1001 - 1010 of 3905 results for "Country"

ERS withdrawals surpass $10bn

ELIZA BAVIN  |  MONDAY, 25 MAY 2020
Over $10 billion has been withdrawn under the government's Early Release of Super scheme, with 70% paid out by just 10 funds. Over the period from April 20 to May 17, payments that have been made to eligible members have taken an average of 3.3 ...

Chief economist update: Australia needs China more than it needs us

BENJAMIN ONG  |  FRIDAY, 22 MAY 2020
... sovereign nation, especially one which is now the second biggest economy in the world... is a big no no... NO. More so if that country (China) buys 34.7% of your exports (based on World Bank figures) that roughly equates to what Australia sells to Japan ...

916 advisers gone in three months, ASIC responds

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAY 2020
... said. "It's always been our desire to have a healthy, functioning and effective financial advice industry in this country." He said that ASIC wants to work with the advice industry to achieve positive outcomes for consumers. "We want to work with ...

Sentiment weakens as macro threats loom

ALLY SELBY  |  THURSDAY, 21 MAY 2020
... Q4 consumer spending if the economy and labour market has not 'snapped back' strongly enough by then." And in a country with highly leveraged household debt - these payments ending could see property prices plunge in a downward spiral. "Our current ...

Former CBA executive nabs industry body lead role

ALLY SELBY  |  THURSDAY, 21 MAY 2020
... charity Rural Aid and The Avner Pancreatic Cancer Foundation. Hall said he was delighted to join the industry body as the country transitions to a period of recovery. "General insurance plays a vital role in the Australian economy and will be crucial ...

Proceed with caution: Janus Henderson

ALLY SELBY  |  TUESDAY, 19 MAY 2020
... household savings may be beneficial to the individual, but bad for aggregate economic growth. This has dire consequences on a country that relies on personal consumption, he argued, with personal spending accounting for roughly 70% of US GDP. "And still ...

Oil to make strong recovery: State Street

ELIZA BAVIN  |  TUESDAY, 19 MAY 2020
... despite the broader economic recovery remaining weak. Jones said much of this rebound is likely to come from the US, as the country pushes to reopen businesses and the economy. "As the US begins to open, individuals are getting back in their cars and ...

Chief economist update: Pay cut or pay not?

BENJAMIN ONG  |  FRIDAY, 15 MAY 2020
... a much sharper decline in consumer spending. The gradual easing of social distancing and lockdown restrictions in the country - barring a second wave - would also help. This is reflected in the recent sharp improvement in business and consumer confidence ...

Few funds immune to ERS

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
... superannuation Melinda Howes said with 810,000 members and $69 billion in FUM making Retirement Wrap the ninth biggest fund in the country the applications are not outside expectations. "BT has a diverse membership, with individual members and employer ...

HESTA awards investment data mandate

ALLY SELBY  |  THURSDAY, 14 MAY 2020
... executive John Eley said demand for data driven management solutions had risen with increased regulatory pressure in the country. "Due to increased regulatory pressure and an industry-wide drive for automation and efficiency we are seeing a significant ...