Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1211 - 1220 of 4888 results for "Debt"

Calls for super release to borrow from RBA

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... super funds. Davis argued this would be the best option for Australians, who already face record high levels of household debt. "There are other ways for Australians to get cash by drawing on other assets, particularly equity in their homes," he said. ...

Recovery expected in 2021: IMF

ELIZA BAVIN  |  TUESDAY, 24 MAR 2020
... beginning of the crisis, the largest capital outflow ever recorded. We are particularly concerned about low-income countries in debt distress-an issue on which we are working closely with the World Bank." Georgieva said the IMF is concentrating bilateral ...

Macquarie shares halve in COVID-19 sell-off

ALLY SELBY  |  FRIDAY, 20 MAR 2020
... "The MIRA business (infrastructure and real assets) which accounts for 75% of Macquarie's revenue is funded by cheap debt but could be hurt very badly by a disruption in credit markets - it could choke those businesses which have been so lucrative," ...

Chief economist update: Cash splash

BENJAMIN ONG  |  FRIDAY, 20 MAR 2020
... efforts and promises to do more to contain the fall-out from the virus should help limit business closures, unemployment, debt defaults and all other nasty consequences of this on-going global crisis.

Buy now but can they pay later?

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
Afterpay has been the latest stock to take a significant hit in the current environment as investors are concerned those who buy now may not be able to pay later. The company finished 33% lower in yesterday's session, wiping around $1.5 billion ...

Mirae appoints wholesale distribution lead

KANIKA SOOD  |  THURSDAY, 19 MAR 2020
... Seasons hotel, as a part of its global property portfolio that is managed out of Korea. In the last year, it started a private debt business in Australia managed out of Melbourne. "We are looking to develop a multi-diversified business in Australia ...

Chief economist update: Water, water everywhere and not a fish to catch

BENJAMIN ONG  |  THURSDAY, 19 MAR 2020
... the downdraft of the global lockdowns would erode fiscal balances, sending government deficit to GDP ratios and government debt to GDP ratios soaring. Cash is king. Sure, sure. Zero return on cash (or even small negative) is relatively better than the ...

Volatility hits super funds

HARRISON WORLEY  |  TUESDAY, 17 MAR 2020
... "That idea of having a superannuation option where you've got property, and infrastructure, and bonds, and corporate debt, and shares, and overseas shares, and technology stocks for example, gives members a fairly wide exposure, without betting everything ...

UK asset manager acquires stake in retirement funder

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
... Capital's team. ME Bank was one of Household Capital's initial investors, holding an equity stake and providing the initial debt facility.

CBA in court over RC case studies

ELIZABETH MCARTHUR  |  MONDAY, 16 MAR 2020
... in subsequently providing the credit limit increase. The Royal Commission heard that Harris amassed a $35,000 credit card debt with CBA and that he had pleaded with the bank to stop offering him more credit, telling them upfront that he had a gambling ...