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Chief economist update: Japan reopens for business

BENJAMIN ONG  |  TUESDAY, 26 MAY 2020
... Japanese' sense of community spirit and asked to limit social contacts by 70%-80%, for non-essential workers to work from home and companies to reduce shifts for workers who cannot work online. It couldn't have come soon enough for an economy ...

Outsourced trading set to boom

ALLY SELBY  |  MONDAY, 25 MAY 2020
... staff member is absent, or like now, during a COVID-situation where a business may not have the capability to trade from home and need to partner with an external party to help with trades. Boutique fund managers would also benefit from outsourced trading ...

MLC launches new advice business

JAMIE WILLIAMSON  |  MONDAY, 25 MAY 2020
... announcement in August last year that Apogee, Garvan and Meritum would be merged, TenFifty Financial Group is MLC's new home for aligned financial advisers, with all attached to TenFifty operating as representatives of GWM Adviser Services. It will ...

Chief economist update: Border brawl

BENJAMIN ONG  |  THURSDAY, 21 MAY 2020
... basis. Company views on the economic outlook have improved and the lift in confidence is welcome". Easing border tensions at home and with China would go a long way into making Mr. Aird's prognosis become a reality.

COVID-19 ushers in the future of work

ALLY SELBY  |  THURSDAY, 14 MAY 2020
... weeks, and months passing in what seems a blink of an eye, Australians have become accustomed to the comfort of working from home. So what does it mean for commercial real estate and those invested in it? Perhaps many, arguably those without children ...

Road to recovery

ELIZA BAVIN  |  THURSDAY, 14 MAY 2020
... positive effects from the social restrictions, but they arise on a more personal level. "People are spending a lot more on home furnishings and equipment and people are spending a lot more time taking care of projects around the house, so they are a ...

ASIC secures $160m in remediation over junk credit insurance

ALLY SELBY  |  THURSDAY, 14 MAY 2020
... initial report in July 2019, all lenders were no longer selling consumer credit insurance with credit cards, personal loans or home loans, ASIC said. However, it found that thousands of existing customers continue to hold and pay premiums for consumer ...

ME Bank pays industry funds no dividends

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
... the bank has yet to pay dividends. Following ME Bank's controversial decision to slash redraw balances on some legacy home loans, and subsequent backtrack, the bank's relationship with the 26 industry funds that own it has come under fire. At ...

Culture is key in a crisis: Australian Ethical

ALLY SELBY  |  WEDNESDAY, 13 MAY 2020
... "You've got to keep that culture alive and people are expecting leaders to communicate. "When they're working from home, which all of our organisation is at the moment, they're in a vacuum - and so they need to feel connected." She recommends ...

IFM cuts carbon footprint from Aussie infra assets

KANIKA SOOD  |  WEDNESDAY, 13 MAY 2020
IFM Investors' local infrastructure assets, which include Ausgrid, major airports, ports and toll roads, cut their carbon footprint by 7.9% in the year ending June 2019. The industry-superannuation-owned fund manager started reporting its infrastructure ...