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Showing 1351 - 1360 of 5099 results for "House"

No liquidity support for super: RBA

ELIZA BAVIN  |  WEDNESDAY, 22 APR 2020
Reserve Bank governor Philip Lowe said while some super funds may shrink as a result of the governments early release scheme, they are well placed to manage the withdrawals. Lowe said the industry as a whole should be able to cope with the number of ...

Chief economist update: Stimulus measures ease extreme fear

BENJAMIN ONG  |  WEDNESDAY, 22 APR 2020
Tanking oil prices are the latest go-to excuse for the renewed downturn on Wall Street. But more than this, it's added to the challenges facing America's economy and its corporate sector. The US labour market has already deteriorated markedly ...

Ironbark fund rating under review

KANIKA SOOD  |  TUESDAY, 21 APR 2020
A $180 million multi-manager alternatives fund from Ironbark has been put under review at Morningstar as the ratings house waits for clarity on March quarter performance. The Ironbark LHP Diversified Investments invests in 25 to 50 sub-managers of alternative ...

Oil tanks

BENJAMIN ONG  |  TUESDAY, 21 APR 2020
Wouldn't it be nice to buy a house in Denmark was what I thought when I read the news that Jyske Bank - the country's third-largest bank - announced in August last year that it would pay home borrowers 0.5% per annum to take out a mortgage. Sweet! And ...

Millions jobless within weeks: Grattan

HARRISON WORLEY  |  MONDAY, 20 APR 2020
New Grattan Institute analysis estimates up to 3.4 million Australians could soon be out of work. The think-tank's latest analysis of the impact of the COVID-19 pandemic predicts that between 14 and 26% of Australian workers could be out of a job within ...

Liquid and ready: Cbus

ALLY SELBY  |  THURSDAY, 16 APR 2020
... government to develop a new $300 million building in the heart of the CBD. The office building, located at 83 Pirie Street, will house the South Australian department of planning, transport and infrastructure. Atkin said the new development would support ...

Worse than the Great Depression: IMF

ELIZA BAVIN  |  WEDNESDAY, 15 APR 2020
The International Monetary Fund has predicted Australia's GDP will be -6.7% this year due to the effects of COVID-19. Gita Gopinath, economic counsellor and director of the research department at the IMF, said the pandemic has resulted in a collapse ...

ASIC provides relief around early super access advice

JAMIE WILLIAMSON  |  TUESDAY, 14 APR 2020
ASIC has announced three temporary measures to assist the industry with providing affordable and timely advice during the COVID-19 crisis. It has also confirmed it is delaying its work on grandfathered conflicted remuneration and life insurance advice. ...

Industry fund continues investment team expansion

HARRISON WORLEY  |  TUESDAY, 14 APR 2020
A $50 billion industry superannuation fund is pushing ahead with its plans to build an in-house investment capability, appointing a former Victorian Funds Management Corporation portfolio manager to oversee strategic tilting. HESTA has appointed Luke ...

Australia's AAA rating at risk

ELIZA BAVIN  |  THURSDAY, 9 APR 2020
S&P Global Ratings revised Australia's AAA credit rating outlook to negative in the wake of the economic impacts of COVID-19. The AAA credit ratings for NSW and Victoria were also revised to "negative" by S&P. The outlook revision does not guarantee ...