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

Search Results

Showing 1041 - 1050 of 4372 results for "Press"

Investors welcome Rio resignations

ELIZA BAVIN  |  FRIDAY, 11 SEP 2020
Chief executive of Rio Tinto, Jean-Sebastien Jacques, will step down following pressure from investors and indigenous leaders over the destruction of the Juukan Gorge in May. Rio Tinto said the decision was made following the board review of the company's ...

Australian Unity profits plummet

ALLY SELBY  |  WEDNESDAY, 9 SEP 2020
Australian Unity has seen its profits plummet more than 70% compared to the previous financial year, with the group noting the impacts of COVID-19 saw it miss out on about $26 million in profit. Australian Unity reported a profit after income tax of ...

Aussie super funds climb ranks

JAMIE WILLIAMSON  |  TUESDAY, 8 SEP 2020
Total assets held by Australia's super funds rose almost 20% in 2019, with 16 now sitting within the top 300 pension funds worldwide, new analysis shows. In stark contrast to this year, Aussie super funds enjoyed an extremely positive 2019, according ...

Credit Suisse names preferred investment options

ELIZA BAVIN  |  TUESDAY, 8 SEP 2020
Platforms are the preferred sector exposure, asset managers are inexpensive and Link Group offers the best mid-term value, according to Credit Suisse's Diversified Financial Services Sector review for August 2020. The report reviewed the key operational ...

CoreLogic appoints financial services solutions head

ANNABELLE DICKSON  |  MONDAY, 7 SEP 2020
CoreLogic has named its head of financial services solutions Australasia with a hire from Genworth. Eugene Vassiliev will be responsible for assisting the financial services industry in its goals to grow, manage risks and optimize customer engagement ...

Fees fall after super mergers: Research

JAMIE WILLIAMSON  |  FRIDAY, 4 SEP 2020
Members whose super funds have merged in the last three years have seen their fees decrease by 20%, according to new analysis. Rainmaker looked at 13 mergers involving 22 super funds; 11 traditional mergers, the integration of Virgin Super and Mercer ...

Labor says yes, economists say no to SG rise

ELIZA BAVIN  |  TUESDAY, 1 SEP 2020
... ditch the planned rise to the super guarantee as economists warn against it going ahead. Speaking at a socially distanced press conference, Rudd in Brisbane and Keating in Sydney, the former Prime Ministers said the current government is trying to destroy ...

Chief economist update: AUD on the up and up

BENJAMIN ONG  |  TUESDAY, 1 SEP 2020
Financial markets view the A$ as a risk currency - it's sold off in times of heightened uncertainty - and has a high growth beta - only bought in times of global prosperity. So Virginia, how do we explain the rise and rise of the Australian dollar ...

Law firm summarises report AMP won't release

ELIZABETH MCARTHUR  |  MONDAY, 31 AUG 2020
... and AMP. AMP did release one paragraph from the conclusion off Burns' report and an apology from Pahari in the form of a press release last week. "AMP did not notify Ms Szlakowski that the conclusion would be released," Maurice Blackburn principal Josh ...

APRA expands super data collection

ELIZA BAVIN  |  FRIDAY, 28 AUG 2020
APRA has released the final consultation package for Phase 1 of its project to expand the breadth, depth and consistency of its superannuation data collection. Launched last November, APRA's multi-year Superannuation Data Transformation aimed to improve ...