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Showing 1081 - 1090 of 3228 results for "April 4"

APRA to track ERS payment times

ELIZA BAVIN  |  WEDNESDAY, 22 APR 2020
APRA is set to name and shame the superannuation funds that straggle in releasing member's money to them as part of the early release scheme. APRA has launched new data collection to assess the progress and impact of the government's temporary early ...

Chief economist update: Stimulus measures ease extreme fear

BENJAMIN ONG  |  WEDNESDAY, 22 APR 2020
... March and the unemployment rate jumped by nearly a percentage point to 4.4% from 3.5% in February. Based on the IMF's April "World Economic Outlook" report, the worse is yet to come, with the unemployment rate lifting to 10.4% this year and only ...

Oil tanks

BENJAMIN ONG  |  TUESDAY, 21 APR 2020
... supply - in May and June. Not enough to arrest the slide in oil prices. According to the International Energy Agency's April "Oil Market Report, "Global oil demand is expected to fall by a record 9.3 mb/d year-on-year in 2020. The impact of containment ...

Regal Atlantic fund down 58.6%

KANIKA SOOD  |  MONDAY, 20 APR 2020
Regal Funds Management's Atlantic Absolute Return Fund, which has a stellar long-term track record, fell 58.6% in March as COVID-19 affected markets. The fund has posted 23.1% in net annualised returns since its inception about 16 years ago. But ...

Court restricts Mayfair advertising

ELIZA BAVIN  |  MONDAY, 20 APR 2020
The Federal Court has restricted Mayfair 101 from promoting its debenture products and prohibited the use of specific words and phrases in its advertising. The order comes after ASIC made an application to the court for an interim injunction at the ...

Law firm cuts pay

ALLY SELBY  |  MONDAY, 20 APR 2020
Slater and Gordon directors and senior executives will see their pay reduced by 10-15%, as the ASX-listed legal powerhouse moves to strengthen its balance sheet amid the COVID-19 crisis. Slater and Gordon's directors, chief executive and executive leadership ...

Aussies flood to ERS as applications open

ELIZA BAVIN  |  MONDAY, 20 APR 2020
The Australian Taxation Office has confirmed over 881,000 Australians have registered their interest in the government's early release scheme. An ATO spokesperson told Financial Standard that while official applications for the COVID-19 early release ...

Healthcare outperforms as financials plummet

ALLY SELBY  |  FRIDAY, 17 APR 2020
The COVID-19 pandemic has seen Australia's healthcare sector soar as our financials, energy and real estate sectors plummet. However, S&P Dow Jones Indices senior director of global equity indices Michael Orzano said it's a trend that has been ...

Telstra issues 10-year bond

ALLY SELBY  |  FRIDAY, 17 APR 2020
Telstra has issued an $860 million 10-year bond as it moves to further strengthen its balance sheet. The bond, issued at €500 million, has been priced under Telstra's debt issuance program, and will be issued on April 23. Telstra said it would use ...

Chief economist update: Surveys say...

BENJAMIN ONG  |  FRIDAY, 17 APR 2020
... and confidence. The Westpac-Melbourne Institute index of consumer sentiment plummeted by 17.7% to a reading of 75.6 in April - the biggest monthly decline in the survey's 47-year history -- from 91.9 in March. The unemployment expectations index ...