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Showing 1291 - 1300 of 3937 results for "Feb"

RBA expected to cut again; maybe even tomorrow

ELIZA BAVIN  |  MONDAY, 2 MAR 2020
Finder's RBA Cash Rate Survey found 90% of economists believe there will be a rate cut in 2020, with 15% expecting the cut to come tomorrow. Graham Cooke, insights manager at Finder, said 20 economists specifically called out the threat of the coronavirus. ...

HUB24 also in line at Sargon

KANIKA SOOD  |  FRIDAY, 28 FEB 2020
HUB24 is owed about $4 million by Sargon subsidiaries, joining the group's other secured creditors OneVue, Westpac and Taiping Trustees. The eight companies, which include businesses like Diversa Trustees and CCSL, collectively have about $154 million ...

Retirement review goes off the rails

HARRISON WORLEY  |  FRIDAY, 28 FEB 2020
Superannuation experts are concerned the retirement income review may be getting out of hand, evidenced by numerous stakeholder submissions straying from the consultation guidelines by proposing a complete transformation of the super system. At the ...

Court punishes OTC derivative issuers

HARRISON WORLEY  |  FRIDAY, 28 FEB 2020
Three over-the-counter derivatives providers have been found guilty of contravening their AFSL licences by using account managers to pressure retail investors into purchasing products which lost investors more than $30 million. The Federal Court has ...

TCorp launches new bond

ALLY SELBY  |  THURSDAY, 27 FEB 2020
The investment manager of the New South Wales public sector has launched a new benchmark bond with a coupon rate of 2%, set to mature in March 2033. Strong investor demand saw the bond raise $1 billion, attracting a yield of 1.565%. TCorp head of funding ...

Analyst guilty of insider trading

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2020
A former analyst at Maple Brown Abbott has pleaded guilty to five counts of insider trading. Michael Ho entered the guilty plea in Downing Center Local Court in relation to the purchase and sale of Big Un shares and options between 18 July 2016 and ...

Chief economist update: COVID-19 solves overtourism in Europe

BENJAMIN ONG  |  WEDNESDAY, 26 FEB 2020
Be careful what you wish for. Many European countries and their citizens have long been complaining about the growing problem of overtourism in their respective cities. Italy, for one, has introduced new rules and regulations prohibiting sitting on ...

Chief economist update: Who's afraid of COVID-19?

BENJAMIN ONG  |  TUESDAY, 25 FEB 2020
Equity markets appeared to be immune several weeks after COVID-19 first made global headlines - it was known as "novel coronavirus" then - with the S&P 500 index and the S&P/ASX 200 index, among others, even hitting record highs. Even heavily-hit China's ...

SMSF property adviser pleads guilty

ELIZA BAVIN  |  MONDAY, 24 FEB 2020
The director of a 'one-stop-shop' for SMSFs has pleaded guilty to 17 counts of aggravated deception and one count of dishonest dealings with documents. George Nowak, director of EJ Property Developments, formerly Charterhill, entered the guilty plea ...

China vaccinates against corona

BENJAMIN ONG  |  MONDAY, 24 FEB 2020
... reports that the COVID-19 death toll has overtaken SARS), taking its 2020 year-to-date loss from a steep 10.0% (on the third of Feb) to a mere 0.3% three weeks hence. What gives? What gave is the People's Republic of China's politburo and central ...