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Showing 1251 - 1260 of 4411 results for "Ele"

Former energy minister nabs role at investment group

ALLY SELBY  |  THURSDAY, 3 SEP 2020
Former ACT deputy chief and energy minister Simon Corbell has been appointed as the chair of an institutional investment advocacy body. Corbell will chair the Clean Energy Investor Group, an advocacy body representing domestic and global institutional ...

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 ...

APRA reviews priorities in super

KARREN VERGARA  |  TUESDAY, 1 SEP 2020
Unlisted asset valuations, early release of superannuation and heatmaps are some of the key areas APRA will prioritise over the next 12-18 months. COVID-19 has forced APRA to reassess the urgency of a number of key initiatives affecting superannuation ...

Labor says yes, economists say no to SG rise

ELIZA BAVIN  |  TUESDAY, 1 SEP 2020
Former Labor Prime Ministers Kevin Rudd and Paul Keating have slammed the possibility the Liberal party may ditch the planned rise to the super guarantee as economists warn against it going ahead. Speaking at a socially distanced press conference, Rudd ...

Investors will be forced into equities: DeepData Analytics

ELIZA BAVIN  |  TUESDAY, 1 SEP 2020
Retail investors will be forced further into investing in equities as the hunt for yield continues, despite having felt the hard lessons from this year's market volatility, according to founder and chief executive of DeepData Analytics Mathan Somasundaram. ...

First Sentier takes stake in renewable energy

ELIZA BAVIN  |  TUESDAY, 1 SEP 2020
First Sentier Investors (FSI) announced it has acquired a 40% stake in Terra-Gen from Energy Capital Partners (ECP). New York-based Terra-Gen develops, constructs, and operates utility-scale wind, solar, energy storage, and geothermal electrical generation ...

Argo Infrastructure posts $9.3m loss, but increases dividends

ALLY SELBY  |  MONDAY, 31 AUG 2020
The ASX-listed infrastructure investment company has increased its fully franked dividends for the full year, despite reporting a loss of $9.3 million. Argo Global Listed Infrastructure said the multi-million dollar loss was a result of a downward revaluation ...

IOOF posts profit, restructures business

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
IOOF posted a net profit of $147 million for FY20, while also announcing a range of changes to its advice businesses as part of its advice transformation. IOOF announced its Bridges business will be transformed into a fully salaried network, while it ...

Advice disciplinary body delayed

KARREN VERGARA  |  FRIDAY, 28 AUG 2020
Financial advisers will have to wait until June 2021 for the long-awaited disciplinary body that is purported to professionalise the industry. Assistant Minister for Superannuation, Financial Services and Financial Technology, Senator Jane Hume flagged ...

No bonus again for Platinum's Clifford

KANIKA SOOD  |  THURSDAY, 27 AUG 2020
Kerr Neilson's successor at Platinum Asset Management has forgone his variable awards for a second year in the row, as the ASX-listed fund manager reports a 1.3% dip in its profits for FY20. Andrew Clifford, who took over from Neilson as the chief investment ...