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Showing 1341 - 1350 of 4757 results for "July 2012"

Chief economist update: Australian outlook under COVID-19

BENJAMIN ONG  |  FRIDAY, 24 JUL 2020
Only seven months before, Australia was on course to bring its fiscal budget back in the black after 12 years and an almost equal number of promises later from both sides of the political divide. The Mid-Year Economic and Financial Outlook (MYEFO) - ...

Non-bank lender winds up fund

KANIKA SOOD  |  THURSDAY, 23 JUL 2020
A $5 million fund that invested in personal loans is winding up, after failing to achieve sufficient scale. The DirectMoney Personal Loan Fund invested in fixed-rate unsecured personal loans originated by non-bank lender Wisr Investment Management. ...

Fund manager outflows spread into June quarter

KANIKA SOOD  |  THURSDAY, 23 JUL 2020
Outflows at ASX-listed funds management businesses like Pendal, Platinum and Perpetual slowed in June quarter but continued, with Magellan the only one in net inflows. Pendal Group reported net outflows of $2.5 billion in June quarter, followed by $723 ...

European robo-adviser eyes Australia, taps Westpac exec

ALLY SELBY  |  THURSDAY, 23 JUL 2020
The former head of Westpac's private banking business has brought a Belgium-based robo-adviser down under, and says industry super funds, major banks, broker businesses and dealer groups are already knocking at the door. With its Asia Pacific operations ...

Domestic violence super reforms stall

ALLY SELBY  |  THURSDAY, 23 JUL 2020
Representatives from industry super and a legal body have called on the Federal Government to deliver on a promised scheme that would have stopped domestic violence perpetrators from hiding their super assets from their spouses. Women's Legal Service ...

Super fund COVID-19 requirements to remain

ANNABELLE DICKSON  |  THURSDAY, 23 JUL 2020
APRA will review its Pandemic Data Collection (PDC) in September but will continue until the pandemic-related issues faced by superannuation funds have subsided, according to its recent frequently asked questions (FAQ) about PDC. The regulator published ...

12 charged in $17m fraud

ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
A joint-agency investigation into an elaborate $17 million fraud has resulted in charges against 12 people. Australian Federal Police (AFP) investigators executed search warrants at 10 locations across Sydney, nine in south-east Queensland and two in ...

Chief economist update: The next generation

BENJAMIN ONG  |  WEDNESDAY, 22 JUL 2020
It didn't happen overnight, but it did happen. After five days of deliberation, negotiation and compromise, leaders of the 27 governments that make up the European Union (EU) unanimously agreed to an unprecedented €750 billion "Next Generation ...

ASIC suspends OTC derivatives issuer

ANNABELLE DICKSON  |  TUESDAY, 21 JUL 2020
The corporate regulator has suspended the Australian financial services licence of Union Standard International Group. The Sydney-based retail over-the-counter derivatives issuer operating as USGFX is suspended until September 23 under 915B of the Corporations ...

AIA Australia appoints behavioural economics lead

KANIKA SOOD  |  TUESDAY, 21 JUL 2020
The life insurer has appointed a head of behavioural economics and design, hiring from Swiss Re. Alison Mclean moved into the role on July 1 and is a part of the AIA Australia strategy team, which reports to AIA Australia's chief strategy officer ...