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

Search Results

Showing 1081 - 1090 of 5661 results for "EARN"

Super underperformance needs to be addressed: Research

ELIZA BAVIN  |  TUESDAY, 5 JAN 2021
... asset class matched or beat the index. "A super fund's active investment management strategy should be purpose-built to earn back the fees and tax margins. If not, super funds should use indexed strategies," Dunnin said. The International shares ...

Super industry to branch out: Rice Warner

ELIZA BAVIN  |  WEDNESDAY, 23 DEC 2020
Over the next 15 years the Australian superannuation industry will evolve into a sophisticated and mature industry, according to Rice Warner's Superannuation Market Projections report. The new report takes a very positive view of the Australian super ...

Charter Hall buys David Jones flagship

ELIZA BAVIN  |  TUESDAY, 22 DEC 2020
Charter Hall announced it has purchased the David Jones flagship store in Sydney for $510 million. The Sydney CBD property comprises 12 levels on a strategic 3530sqm prime CBD retail site, prominently located overlooking Hyde Park with views to Sydney ...

ASIC unveils school banking program review

KARREN VERGARA  |  WEDNESDAY, 16 DEC 2020
School banking programs are marketed as a force for good in the community, targeting vulnerable customers in young children who don't end up improving their financial management behaviour, ASIC's two-year review found. After engaging nearly ...

GE, Cheesecake Factory pursued for disclosure violations

ELIZABETH MCARTHUR  |  FRIDAY, 11 DEC 2020
The US Securities and Exchange Commission (SEC) has kicked off the festive season by cracking down on misleading disclosures about cashflow and profitability. On December 4, the SEC announced it would be charging the Cheesecake Factory for misleading ...

New AMP Australia chief executive

ELIZABETH MCARTHUR  |  FRIDAY, 11 DEC 2020
AMP has appointed a new chief executive for the AMP Australia business, replacing Alex Wade who exited suddenly. Former Sunsuper chief executive Scott Hartley will take over from Blair Vernon, who has been acting in the position since Wade's sudden ...

CBA provides BoCommLife update

ANNABELLE DICKSON  |  WEDNESDAY, 9 DEC 2020
Commonwealth Bank of Australia (CBA) has made progress on exiting life insurance after the China Banking and Insurance Regulatory Commission approved the sale of its stake in BoCommLife. The bank will divest its 37.5% stake in BoCommLife to MS&AD Insurance ...

Westpac sells Pacific to PNG bank

ANNABELLE DICKSON  |  MONDAY, 7 DEC 2020
... at completion while $60 million will be paid six-monthly over 18 months for Westpac PNG. The price includes $45 million of earn-out payments which occur annually over two years following completion and based on the performance of Westpac Fiji. Westpac ...

Chief economist update: China keeps on going and going

BENJAMIN ONG  |  FRIDAY, 4 DEC 2020
If not for its ongoing diplomatic and trade tensions with Beijing, Australia would be beaming and congratulating China for the strengthening momentum in its economy and this, after having survived the pandemic without plunging into a recession. After ...

Advice group partners with insurance broker

KANIKA SOOD  |  THURSDAY, 3 DEC 2020
Advice and accounting group Kelly+Partners has partnered with Austbrokers to exchange expertise, including life insurance broking. The two ASX-listed companies will set up a new operation called Austbrokers Kelly+Partners which will be owned 50% by ...