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Showing 1021 - 1030 of 3274 results for "April 20"

Chant West, Zenith agree on acquisition

KANIKA SOOD  |  WEDNESDAY, 1 JUL 2020
Chant West is shelving its legal proceedings against Zenith, as the latter comes back to the table on its planned acquisition, which will see Chant West chief executive Brendan Burwood exit the business. The two companies completed a business sales ...

At least $70bn more in stimulus needed: Grattan

KANIKA SOOD  |  MONDAY, 29 JUN 2020
Australia will have to inject up to $90 billion of additional fiscal stimulus over the next two years if it wants to return the economy to full employment, a new report from Grattan Institute says. The $70 billion to $90 billion required accounts for ...

Super fund members compensated

JAMIE WILLIAMSON  |  FRIDAY, 26 JUN 2020
Members of a retail superannuation offering have been remediated close to $3 million after financial advisers failed to comply with legislation that would have seen them transferred to a lower cost MySuper offering in 2017. More than 1266 smartMonday ...

Robo users double down during COVID-19

ELIZABETH MCARTHUR  |  FRIDAY, 26 JUN 2020
Robo advice provider Six Park saw a significant increase in users topping up their accounts during March and April, as COVID-19 rocked markets. In a normal period, Six Park sees about 10-15% of users top up their accounts over a two month period. But ...

Chief economist update: Premature easing will cost more lives, more rupiahs

BENJAMIN ONG  |  FRIDAY, 26 JUN 2020
... IHS/Markit India composite PMI remained at an extremely low 14.8 in May after dropping to a single-digit reading of 7.2 in April - suggesting that the worse is yet to come. The premature easing of lockdown restrictions in late May and the consequent ...

Cbus, Media Super explore merger

KANIKA SOOD  |  THURSDAY, 25 JUN 2020
After six months of auditioning potential merger partners, Media Super has settled on Cbus in a model that is expected to be similar to that of Equipsuper and Catholic Super joint venture. The two funds haven't yet signed a memorandum of agreement ...

Chief economist update: Still the best and better than all the rest

BENJAMIN ONG  |  THURSDAY, 25 JUN 2020
Victorian supermarkets - Woolworths and Coles - have re-introduced buying limits in their stores as hoarders and panic-buyers returned, raiding shelves of toilet paper, paper towel, hand sanitiser, rice, pasta, flour, sugar and the like following reports ...

History is repeating itself: Zenith

ELIZA BAVIN  |  THURSDAY, 25 JUN 2020
As companies continue to seek liquidity during the COVID-19 pandemic through capital raisings, Zenith Investment Partners says this has provided investors the opportunity to access outsized returns. Zenith said although there are definite similarities ...

Prodigy boutique finds new strategic partner

KANIKA SOOD  |  WEDNESDAY, 24 JUN 2020
Flinders Investment Partners, which escaped multi-boutique Prodigy's demise, has found a new strategic partner who is acquiring a 50% stake in the small caps equities boutique. Warakirri Asset Management is the investor, and will also provide capital ...

Super funds face fresh data requirements

ALLY SELBY  |  WEDNESDAY, 24 JUN 2020
The prudential regulator will request additional data from the country's super funds, in a bid to understand the full impact of the COVID-19 pandemic on the industry. The COVID-19 Pandemic Data Collection (PDC) will enable the regulator to conduct an ...