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Showing 1251 - 1260 of 4503 results for "Reach"

Chief economist update: RBA does the limbo rock

BENJAMIN ONG  |  WEDNESDAY, 4 NOV 2020
... growth is now expected in the September quarter, despite the restrictions in Victoria. It will, however, take some time to reach the pre-pandemic level of output. In the central scenario, GDP growth is expected to be around 6% over the year to June 2021 ...

RBA, CBA, NAB partner for wholesale currency

ANNABELLE DICKSON  |  TUESDAY, 3 NOV 2020
The Reserve Bank of Australia has announced a partnership with a consortium of financial institutions and a blockchain technology company to develop a wholesale central bank digital currency (CBDC) using distributed ledger technology (DLT) for settlement. ...

Rest climate case dismissed

ELIZABETH MCARTHUR  |  MONDAY, 2 NOV 2020
The Federal Court case brought by Mark McVeigh against the $57 billion industry super fund has been dismissed. The case was scheduled to be heard today but Justice Perram ordered that by consent the case was to be dismissed. McVeigh and Rest have been ...

GSFM sizes up ETFs with Munro launch

KANIKA SOOD  |  MONDAY, 2 NOV 2020
... and AMP Capital. "The ASX is an important distribution channel and is really an exciting new frontier for GSFM. We want to reach self-advised investors as well as those Financial advisers who prefer to execute in listed securities for their clients," ...

Lion Global partners with local distributor

KARREN VERGARA  |  MONDAY, 2 NOV 2020
... equity strategy. Strathnaver Capital, which was set up by Richard Borysiewicz 10 months ago, will assist the asset manager reach out to Australian institutional and wholesale investors. Borysiewicz will help raise funds for the Lion-OCBC Capital Asia ...

Wages will not rise from SG cut: ISA

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
Industry Super Australia has hit out at arguments that wages will increase if the planned superannuation guarantee rise is delayed. ISA said the evidence that ditching the SG rise will not help wages can be seen from the last time it was cut in 2014. ...

Elanor expands healthcare real estate fund

ELIZA BAVIN  |  TUESDAY, 27 OCT 2020
Elanor Investors Group announced it has acquired the Woolloongabba Community Health Centre for $37 million. Elanor said the acquisition was made through its Elanor Healthcare Real Estate Fund reflecting a 6% capitalisation rate. This marks the third ...

DDO top of ASIC's agenda

ELIZA BAVIN  |  TUESDAY, 27 OCT 2020
Design and distributions obligation (DDO) reforms may have been pushed back to October next year as a result of COVID-19 but ASIC said it is top of the priority list for 2021. Speaking to the annual Credit Law Conference, ASIC commissioner Sean Hughes ...

Perpetual equities fund cops ratings downgrade

KANIKA SOOD  |  MONDAY, 26 OCT 2020
... quality and value stocks has narrowed over the time, low interests have pushed most high-quality stocks out of the fund's reach, and the fees are on the expensive side. "Portfolio manager Paul Skamvougeras has tilted the portfolio towards companies that ...

Super fund execs accused of quasi-insider trading

ELIZABETH MCARTHUR  |  MONDAY, 26 OCT 2020
Liberal MP Tim Wilson has accused executives at super funds of switching options during recent market volatility, in behaviour he likened to insider trading. During questioning of ASIC and APRA at the Standing Committee on Economics, Wilson suggested ...