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Showing 1231 - 1240 of 4983 results for "Limit"

Crypto exchange owners charged

KARREN VERGARA  |  THURSDAY, 8 OCT 2020
The founders of derivatives cryptocurrency exchange BitMEX are facing criminal charges for allegedly violating anti-money laundering laws and basic compliance procedures. The Commodity Futures Trading Commission (CFTC) has charged co-founders Arthur ...

Financial services firm names new directors

ALLY SELBY  |  WEDNESDAY, 7 OCT 2020
A diversified financial services firm with $1.55 billion in funds under management has appointed two new directors to its board following the its recent merger. Euroz Limited has appointed Ian Parker and Richard Simpson to its board, both who bring ...

Opposition in opposition: Labor responds

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... the crisis in aged care. No plan to kick-start the economy, boost productivity, increase participation, or lift the speed limit on growth." Chalmers said while the average Australian workers will receive a $50 per fortnight tax cut, millions on the JobKeeper ...

Funding for housing to decrease

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
The government announced it would increase funding in housing and community amenities by 32.2% in 2020-21, but will then reduce that spending by 35.5% by 2023-24. It said the decrease will be primarily driven by the ending of the COVID-era HomeBuilder ...

New property fund launched

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
Eildon Asset Management (EAM) has announced the launch of the EAM Elara Village Property Fund; an unlisted seven year, fixed term direct property fund. The fund is raising capital from wholesale investors to invest in a new Coles anchored town center ...

ERS extension flagged, criticised

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
Industry Super Australia (ISA) has called for the end of the government's Early Release of Super scheme after Senator Jane Hume signaled the possibility of a third tranche. The assistant minister for superannuation flagged the possibility last night ...

Big banks face shareholder action

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
Two of Australia's big four banks face shareholder resolutions as a result of increased exposure to fossil fuels. NAB and ANZ have had shareholder resolutions lodged against them by environmental finance organisation Market Forces to align with the ...

Chief economist update: Winter of Europe's discontent

BENJAMIN ONG  |  TUESDAY, 6 OCT 2020
... inflation measure halved to a record low 0.2% from 0.4%. The re-imposition of restrictions - targeted they may be - would limit economic activity, put downward pressure on inflation and necessitate more fiscal and monetary stimulus measures.

Ratings deteriorate at AMP

ALLY SELBY  |  FRIDAY, 2 OCT 2020
AMP has suffered a further blow this week, after Moody's downgraded its ratings of the embattled wealth management giant. The ratings house lowered its ratings on AMP Group Holdings, AMP Group Finance Services and AMP Bank from A3 to Baa2. However ...

Waislitz pokes holes in OneVue bid

KANIKA SOOD  |  THURSDAY, 1 OCT 2020
Alex Waislitz is running a fine-toothed comb over the independent valuation OneVue board cited in endorsing Iress's 43 cents per share bid to acquire the company. His Thorney companies have 18.35% interest in OVH, have already voted against accepting ...