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Showing 111 - 120 of 497 results for "Spike"

Chief economist update: More manna from UK Treasury

BENJAMIN ONG  |  FRIDAY, 5 MAR 2021
... stay low for ever; and just a 1% increase in both would cost us over £25 billion." Inflation worries and the consequent spike in US bond yields have lifted sovereign bond yields almost everywhere. The yield on UK gilts have risen to a high of 0.80% ...

ASIC zeroes in on bad SMSF advice, conduct

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
... identify cases of unlicensed financial product advice and take action where appropriate. Since March 2020, ASIC has observed a spike in complaints about such conduct, including unlicensed financial advice provided through websites, social media, cold ...

Limited advice overdue for disruption

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
... latter surfaced at the thick of the coronavirus pandemic. General manager of Link Advice at Link Group Duncan McPherson saw a spike in the number of super fund members seeking help around budgeting, cash-flow planning and bill prioritisation during COVID-19. ...

To keep or not to keep JobKeeper

BENJAMIN ONG  |  MONDAY, 15 FEB 2021
... March 28. The "shampoo-ers" argue that withdrawing JobKeeper "prematurely" would cause the country's unemployment to spike. Australian Federal Treasurer Josh Frydenberg has already ruled out the possibility of extending the government's "JobKeeper" ...

Financial sector has deep pockets for philanthropy: Report

KARREN VERGARA  |  FRIDAY, 12 FEB 2021
... profit. BHP gave the largest dollar value in the list of $221 million. Strive Philanthropy founder Jarrod Miles said the spike in giving in 2020 is warmly welcomed but won't be enough. "Sustainable philanthropy is about a change in thinking, not ...

ETF liquidity disappears: Morningstar

ELIZABETH MCARTHUR  |  MONDAY, 8 FEB 2021
A new report from Morningstar has explored how ETFs performed in stressed market environments during February and March 2020, revealing liquidity suffered. ETFs, despite their reputation as extremely liquid instruments, could not escape the market turmoil ...

Euroz expecting spike in NPAT

KANIKA SOOD  |  WEDNESDAY, 3 FEB 2021
The West Australian diversified financials firm said it expects a 193% pcp increase in its unaudited net profit after tax to $25.1 million in the half ending December 2020. Underlying cash profits after tax were $10.9 million and non-cash (most of it ...

Hyperion makes foray into active ETFs

KARREN VERGARA  |  THURSDAY, 21 JAN 2021
... established in 2014 for wholesale investors. It has about $1 billion in assets under management. The fund was buoyed by the spike in Tesla's share price, together with Square, Paypal and Amazon. Some of its other holdings include Costco, Salesforce ...

Chief economist update: Eurozone at risk of double-dip

BENJAMIN ONG  |  MONDAY, 18 JAN 2021
The longer the Eurozone takes to get on top of the resurgence, the longer the lockdowns, the greater the risk of a double-dip recession. COVID-19 infections in Europe started re-appearing and multiplying sometime around October last year. The growth ...

CSC announces new partnership

ELIZABETH MCARTHUR  |  THURSDAY, 14 JAN 2021
... Lifeline's 24-hour crisis support and suicide prevention services. CSC chief executive Damian Hill said there has been a spike in the number of CSC customers reporting mental ill-health. He suggested this reflects the increase of mental ill-health in ...