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Showing 1211 - 1220 of 5916 results for "March 1"

Chief economist update: RBA extends QE

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2021
The Reserve Bank of Australia (RBA) painted a pretty picture of the Australian economy in its first board meeting for 2021. RBA governor Philip Lowe's statement at the conclusion of the Australian central bank's February meeting was optimistic ...

ASIC winds up Mayfair 101 debenture issuer

ELIZABETH MCARTHUR  |  MONDAY, 1 FEB 2021
ASIC has succeeded in winding up the issuer of Mayfair 101's debenture products, with the Federal Court ordering M101 Nominees to wind up. The is the first outcome arising from ASIC's ongoing actions against Mayfair 101 Group and its director James ...

GQG sees spectacular FUM growth

KANIKA SOOD  |  FRIDAY, 29 JAN 2021
The global equities boutique swelled its assets by over $45 billion in 2020 amid a year of good performance. GQG Partners, which is a part of ASX-listed multi-boutique Pacific Current Group, now has $86.9 billion in total funds under management, according ...

Billionaires profit from pandemic: Report

KARREN VERGARA  |  FRIDAY, 29 JAN 2021
The nation's wealthiest saw their fortunes increase by nearly $85 billion during the COVID-19 pandemic, a global survey highlighting the widening income-inequity gap shows. Thirty-one Australian billionaires saw their bank balances swell between March  ...

Chief economist update: Inflation lifted by smokers with young children and homebuilders

BENJAMIN ONG  |  THURSDAY, 28 JAN 2021
Australia's consumer prices continue to recover from the 1.9% drop in the June 2020 quarter - the largest quarterly fall in the 72 year history of the CPI. However, the Australian Bureau of Statistics reported that the country's headline inflation ...

Future Fund increases cash again

KANIKA SOOD  |  WEDNESDAY, 27 JAN 2021
The $171 billion sovereign wealth fund increased its cash position to 19.8% or about $34 billion, as it reports a positive year for returns ending December. Future Fund returned 1.7% in the year after positive returns in the September and December quarters ...

ASI appoints new APAC chief

ELIZA BAVIN  |  WEDNESDAY, 27 JAN 2021
Aberdeen Standard Investments (ASI) has announced a new chief executive to lead the Asia Pacific region. Rene Buehlmann has been named chief executive of APAC, effective 1 March 2021. Buehlmann will succeed Hugh Young, who is taking on a new role as ...

Chief economist update: Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 22 JAN 2021
Australians all let us rejoice! Less than a week before the country celebrates its day, the National Statistician released its latest survey of the domestic labour market... and it was good. "In joyful strains then let us sing, Advance Australia Fair." ...

Jobs return to pre-pandemic levels

ELIZA BAVIN  |  THURSDAY, 21 JAN 2021
Payroll jobs had recovered to pre-COVID levels by early December 2020, according to figures released by the Australian Bureau of Statistics (ABS). ABS head of labour statistics Bjorn Jarvis said early to mid-December is a seasonal peak for jobs each ...

Challenger welcomes board director

ANNABELLE DICKSON  |  WEDNESDAY, 20 JAN 2021
The investment management firm has appointed a former government secretary as a non-executive director. Heather Smith has 20 years' experience in the Australian public service sector and was previously secretary of the Department of Industry, Innovation ...