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Showing 1191 - 1200 of 5099 results for "House"

Chief economist update: Australia succumbs to pandemic-induced recession

BENJAMIN ONG  |  THURSDAY, 3 SEP 2020
It was good - so good - while it lasted. But as the saying goes, "nothing lasts forever". It had been more than a generation since Australia experienced "the recession we had to have" back in 1990/91. The Australian economy withstood the US savings ...

Morningstar upgrades four, downgrades 10

ALLY SELBY  |  THURSDAY, 3 SEP 2020
Following a qualitative review of 69 Australian fixed-interest strategies, ratings house Morningstar has made 15 changes; including upgrades, downgrades, and dropping its coverage of one strategy. The changes are attributable to Morningstar's revised ...

Lack of transparency in ESG funds criticised

ELIZABETH MCARTHUR  |  THURSDAY, 3 SEP 2020
Research house Lonsec has criticised ESG fund managers for confusing ESG scores and a lack of transparency. "The traditional ESG approach tends to be more about process and less about outcomes," Lonsec head of sustainable investment research Tony Adams ...

Official recession not that scary: Economists

ELIZA BAVIN  |  THURSDAY, 3 SEP 2020
The Australian economy fell 7% in the June quarter, spelling two consecutive quarters of economic contraction, officially marking the nation's first recession since 1991. The release of national accounts confirmed the Australian economy has experienced ...

Former Crestone CIO starts new boutique

KANIKA SOOD  |  WEDNESDAY, 2 SEP 2020
... Sokulsky left Crestone in late 2017 to move to LIC Concentrated Leaders Fund (CLF), as the chief investment officer of the in-house Australian equities team. In June, he left to start Carrara Investment Management, bringing two former investment staff. ...

Banks to be questioned on COVID-19 response

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
The big four banks are set to face the House of Representatives Economics Committee to discuss their response to the COVID-19 pandemic. Committee chair Tim Wilson said the hearings are part of the parliament's role in publicly scrutinising and holding ...

Hearts and Minds donates almost $10m to charity

ALLY SELBY  |  TUESDAY, 1 SEP 2020
Listed investment company Hearts and Minds Investments (ASX: HM1) will donate $5.1 million to 10 charities this week, in addition to the $4.1 million it already donated in March. HM1 and its participating fund managers forego any investment or management ...

Chief economist update: COVID-19 cuts capex

BENJAMIN ONG  |  MONDAY, 31 AUG 2020
... August of the same year. Eighteen months on -- the time back in August 2014 when then RBA governor Glenn Stevens told the House of Representatives Standing Committee on Economics that he has done enough: "You can't make people be confident, I certainly ...

Liberal senator slams super

ELIZA BAVIN  |  FRIDAY, 28 AUG 2020
... accusing the federal opposition of being communists and bowing to industry funds. A war of words broke out in the upper house yesterday when Liberals, who have been working for major retirement savings reforms, launched an attack against Labor. Queensland ...

Household debt a major risk: RBA

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
The long-run rise in household indebtedness has increased concerns about the risks this poses globally to banking sectors and economies more broadly, according to the Reserve Bank of Australia. In a new paper titled How Risky is Australian Household ...