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Showing 1181 - 1190 of 4461 results for "October"

AMP, former employee settle

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
... Larissa Baker Cook have settled for an undisclosed amount, a month before the matter was scheduled for trial. Cook last October filed a claim in the Federal Court alleging AMP dismissed her unfairly after she raised concerns about fee-for-no-service ...

Geoff Lloyd to leave MLC

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
Geoff Lloyd will leave MLC at October end after two years at its helm, after its recent agreement to sell the business to IOOF. MLC's chief corporate services officer Andrew Morgan will oversee MLC's day-to-day operations while the sale to IOOF ...

Sweeping tax cuts announced

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... off the full value of any eligible depreciable asset up to $150,000 in the first year they are installed or used from 6 October 2020 until 30 June 2022. The incentive will apply to small to medium businesses with turnover of up to $5 billion and is expected ...

MySuper funds face new test, member bans

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
... ongoing basis the test will apply over an eight year period." Underperforming funds will have to inform their members by 1 October 2021. They will also have to provide them the YourSuper tool, where they will be listed as underperformers until they improve. ...

New property fund launched

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... neighbourhood center known as Elara Village Town Center. EAM said it expects the property will be completed and begin trading in October 2021. The fund will offer investors an unlisted, single asset, direct property fund with a seven year initial term ...

Big banks face shareholder action

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... give investors an important opportunity to set their expectations as ANZ will announce a new fossil fuel policy in late October, while NAB intends to review its oil and gas policy. While just Commonwealth Bank and Westpac have disclosed Paris-aligned ...

Australian Ethical cuts fees

ELIZABETH MCARTHUR  |  FRIDAY, 2 OCT 2020
... options. The super fund reduced the investment fee for its defensive investment option in super and pensions effective from 1 October 2020. It halved the fee from 0.40% to 0.20% per annum. The fund also slashed the buy sell spread on international shares ...

Vanguard to cull institutional mandates

KANIKA SOOD  |  FRIDAY, 2 OCT 2020
... APRA licence. Vanguard's head of corporate affairs Robin Bowerman was appointed the chair of the SMSF Association in October 2019 but moved to deputy chair in February. In exchange traded funds (ETFs), Vanguard holds a 31% share with roughly $31 ...

Chief economist update: Morrison manufactures Australia's future

BENJAMIN ONG  |  FRIDAY, 2 OCT 2020
... Magazine's annual top 10 ranking) - is leading the country back to the future. At a speech at the National Press Club on the October 1, "Great Scott" unveiled an A$1.5 billion initiative to boost the manufacturing sector, identifying six industries ...

Waislitz pokes holes in OneVue bid

KANIKA SOOD  |  THURSDAY, 1 OCT 2020
... against the proposed scheme and keeping OneVue as an independent entity," he wrote. The shareholder vote is scheduled for October 9, and blocking it would require 25% of the total votes. Thorney is the biggest shareholder with 18.35% interest.