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Showing 1101 - 1110 of 8461 results for "Day"

Macquarie subsidiary to acquire REIT

KARREN VERGARA  |  MONDAY, 7 JUN 2021
... whether a further offer from Roc will be received or, if it is, whether Roc will seek to withdraw the offer in the five-business day confirmation period Roc has specified. Should VTH RE receive any further offer from Roc, VTH RE will consider it and ...

LIBOR phased out by year end

ELIZABETH MCARTHUR  |  FRIDAY, 4 JUN 2021
... manipulation made mortgage repayments more expensive. This case was based on analysis showing LIBOR rates rose on the first day of each month between 2000 and 2009. Most adjustable-rate mortgages reset payments based on the interest rate on the first ...

QIC managing director exits

KANIKA SOOD  |  FRIDAY, 4 JUN 2021
... Chris O'Connor spent about six years at QIC, where he was responsible for investor and asset consultant relations. His last day was May 21. "Chris was a valued member of the QIC team, and we wish him all the best for the future," a spokesperson for QIC ...

Former adviser hit with three-year ban

KARREN VERGARA  |  FRIDAY, 4 JUN 2021
... documents and the consequences of switching products. He did not provide clients with fee disclosure statements within the 60-day statutory timeframe and failed to provide compliant renewal notices in relation to ongoing fee arrangements. Smith has the ...

Primewest accepts merger offer

ANNABELLE DICKSON  |  FRIDAY, 4 JUN 2021
The founders of Primewest, who hold a 53% stake in the company, have accepted Centuria Capital Group's merger offer to become one of the largest real estate managers on the ASX. The Primewest founding directors John Bond, David Schwartz and Jim Litis ...

Chief economist update: A delicate balancing act

BENJAMIN ONG  |  FRIDAY, 4 JUN 2021
... OPEC+'s online meeting on 1 June 2021 saw oil ministers from member nations agree to raise oil production by 441,000 barrels per day (bpd) in July, with Saudi Arabia -the swing producer - adding 400,000 bpd more. The consequent jump in crude oil ...

State Super rejigs defensives

KANIKA SOOD  |  WEDNESDAY, 2 JUN 2021
... returns. It also did not want to add duration risk or compromise on liquidity, he said. "Many of us would remember back in the day when we thought cash was not a good investment, [and] many funds turned to all sorts of instruments inside cash allocations," ...

Chief economist update: RBA cash rate on ice until 2024

BENJAMIN ONG  |  WEDNESDAY, 2 JUN 2021
... to do so. The RBA revised up its 2021 GDP growth forecast to 4.75% (from 3.5% predicted in its February statement). Only a day before, the OECD's 'Economic Outlook' report upgraded Australian GDP growth to 5.1% this year (from 4.75% it forecast ...

Last day to vote in MAX Awards

ELIZABETH MCARTHUR  |  FRIDAY, 28 MAY 2021
Voting for the 16 th annual Financial Standard MAX Awards will close at midnight tonight. So far the nominees have received 17,303 votes in total. The MAX Awards celebrate outstanding marketing, advertising and sales professionals in the financial services ...

Super fund risk culture "immature": APRA

ELIZABETH MCARTHUR  |  FRIDAY, 28 MAY 2021
... risk management and who don't 'walk the talk' - that is, they might say the right thing in meetings but what happens in the day to day is a different matter."