Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1311 - 1320 of 6476 results for "September"

Benchmark-lagging LIC faces strategic review

ALLY SELBY  |  TUESDAY, 6 OCT 2020
... and while it boasts a history that "few LICs can match", the fund has persistently traded at a discount to NTA. As of September 25, TGG reported a NTA before tax of $1.38, and at the time, was trading at $1.16 on the ASX. At the time of writing, shares ...

ERS extension flagged, criticised

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... the latest ERS figures reflecting a flat lining in the amount of Australians accessing the scheme. Over the week to September 27, 36,000 applications were received by funds of which 22,000 were initial applications and 14,000 were repeat applications. ...

Chief economist update: Winter of Europe's discontent

BENJAMIN ONG  |  TUESDAY, 6 OCT 2020
... the latest IHS Markit Eurozone PMI survey. The composite index dropped back to a three-month low reading of 50.1 in September - the second consecutive month of decline. Manufacturing activity continued to expand - 53.7 in September from 51.7 in August ...

ANZ fined $10m

ELIZABETH MCARTHUR  |  FRIDAY, 2 OCT 2020
... after the Federal Court found it breached its obligations as a financial services licensee. Between August 2003 and September 2015, it was found ANZ charged certain fees to personal and business customers in relation to periodic payments. The fees included ...

Vanguard to cull institutional mandates

KANIKA SOOD  |  FRIDAY, 2 OCT 2020
... institutional mandates to relatively higher-fee offerings. The latter include its actively-managed unlisted funds launched in September 2019, and the November 2019 announcement of plans for a superannuation offering and April 2020 launch of a portal ...

VFMC chief joins ING board

KANIKA SOOD  |  FRIDAY, 2 OCT 2020
... manager's chief has joined the board of ING. Lisa Gray was appointed a non-executive director on ING Australia's board on September 21. She has 30 years of experience with senior executive roles at NAB, MLC, Plum Financial Services and AXA. Gray started ...

Chief economist update: Morrison manufactures Australia's future

BENJAMIN ONG  |  FRIDAY, 2 OCT 2020
... time as the Australian Industry Group's (AiG) performance of manufacturing index dropped back to 46.7 points in September, with the indicative contraction deepening from 49.3 in the previous month as " 'Stage four' activity restrictions in ...

New chair of CPA Australia

ELIZABETH MCARTHUR  |  THURSDAY, 1 OCT 2020
... contract management and major infrastructure projects." Chin Aik Wong retired from the CPA Australia board at the end of September after a three year term. Rosemary Sinclair and Helen Lorigan were re-elected for second three year terms.

Industry fund doubles down on fee cuts

ELIZA BAVIN  |  THURSDAY, 1 OCT 2020
... the business. The total fees on a $50,000 balance have been cut from $488 to $463 for default Super Saver members. In September 2017, total fees were $538 so Vision Super said reducing that to $463 in just three years represents a substantial achievement. ...

Chief economist update: Pandemic, what pandemic?

BENJAMIN ONG  |  THURSDAY, 1 OCT 2020
... prevented the economy from succumbing to the recession that has struck most nations around the world. As the OECD's September 2020 Economic Outlook Interim Report puts it: "All G20 countries with the exception of China will have suffered recession ...