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Showing 1151 - 1160 of 4159 results for "April"

ERS withdrawals surpass $32bn

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
... applications has reached 3.1 million and repeat applications have reached 1.2 million since the inception of the scheme in April. Over the week to August 23, super funds made payments to 75,000 members, bringing the total number to 4.2 million since ...

Chief economist update: COVID-19 cuts capex

BENJAMIN ONG  |  MONDAY, 31 AUG 2020
... one of the factors that prompted the Reserve Bank of Australia (RBA) to cut the official cash rate from 2.0% to 1.75% in April and then again to 1.5% in August of the same year. Eighteen months on -- the time back in August 2014 when then RBA governor ...

QIC portfolio manager moves to Funds SA

KANIKA SOOD  |  THURSDAY, 27 AUG 2020
... relationship with J.P. Morgan as its custodian and picked Northern Trust. In March, it postponed the transition date from April 1 to second half of this year.

ASIC drops CBA investigation

ALLY SELBY  |  THURSDAY, 27 AUG 2020
... the trust of our customers, staff, regulators and shareholders," he said. Comyn became the chief executive of the bank in April 2018, after Ian Narev retired from his role amid AUSTRAC's money laundering scandal after six years in the role.

Super contributions rise despite ERS

ELIZA BAVIN  |  WEDNESDAY, 26 AUG 2020
... the June 2020 quarter. The increase reflected a spike in lump sum payments caused by the ERS scheme that commenced on 20 April 2020. Lump sum payments totalled $26.8 billion in the quarter while pension payments totalled $10.7 billion. Quarterly net ...

Tasplan changes asset allocation

ELIZA BAVIN  |  TUESDAY, 25 AUG 2020
... retirement," it said. In addition, Tasplan provided an update on its proposed merger with MTAA Super, set to occur on 1 April 2021. "The merger aims to secure better retirement outcomes for members of both funds. The combined fund's scale will provide ...

HUB24 reports record results

ALLY SELBY  |  TUESDAY, 25 AUG 2020
... The platform also added another 108 managed portfolios to the platform during the year. "Whilst net inflows were softer in April, as advisers adjusted to the COVID-19 environment, momentum improved towards the end of the year with the company achieving ...

Chief economist update: Comeback COVID

BENJAMIN ONG  |  TUESDAY, 25 AUG 2020
... recorded the highest number of cases since its March peak, while Germany recorded its highest spike in daily cases since April 26." "Spain continued to record the highest rate of cases in the region with Madrid, the biggest hotspot. Italy has also seen ...

Dividend cuts not as bad as expected

KANIKA SOOD  |  FRIDAY, 21 AUG 2020
... happened across the board, with many companies paying higher dividends than expected," Price said. The prudential regulator in April asked banks and insurers to consider deferring dividend decisions until COVID-19's impact was clearer. At July end ...

Westpac offloads vendor finance business

ALLY SELBY  |  FRIDAY, 21 AUG 2020
... and commercial vehicles to more than 42,000 businesses in Australia. The transaction is set to be completed at the end of April 2021, and will result in the transfer of approximately $500 million customer loans. Westpac specialist businesses chief executive ...