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Showing 1351 - 1360 of 4753 results for "July 24"

Chief economist update: China recovery would have been good for Oz

BENJAMIN ONG  |  MONDAY, 20 JUL 2020
"Sweet days of summer, the jasmine's in bloom July is dressed up and playing her tune... Summer breeze, makes me feel fine, blowing through the jasmine in my mind" -Summer Breeze, Seals and Crofts It was expected. China was first in. It was the ...

Industry fund lowers fees

KANIKA SOOD  |  FRIDAY, 17 JUL 2020
The industry fund for coal miners has lowered investment and administration fees on pension products effective July 1. Mine Super's account-based pensions lowered the investment fees on four premixed options: aggressive (0.45% to 0.37%), growth ...

Perpetual top brass cop six-month pay cuts

KANIKA SOOD  |  FRIDAY, 17 JUL 2020
Perpetual chief executive Rob Adams and chair Tony D'Aloisio are taking a 20% cut on their base salaries for six months from July 1, as the company also shrinks variable remuneration company-wide in response to COVID-19. The rest of the group executive ...

Billionaires targeted in Twitter bitcoin scam

ELIZA BAVIN  |  FRIDAY, 17 JUL 2020
Billionaires such as Elon Musk, Jeff Bezos and Bill Gates were among the household names that had their Twitter accounts hacked to promote a bitcoin scam. The official Twitter accounts of many notable people, including former President Barrack Obama ...

Chief economist update: Stop right now, thank you very much

BENJAMIN ONG  |  FRIDAY, 17 JUL 2020
"The Australian economy is fighting back." Prime Minister Scott Morrison's declaration referring to the bounce back in the Australian labour market wouldn't have rung hollow had it not been for the second wave in Victoria - the country's ...

Saxo Markets adds options to platform

ALLY SELBY  |  FRIDAY, 17 JUL 2020
Multi-asset trading and investment platform provider Saxo Markets has added exchange traded options to its platform, giving clients the ability to gain exposure to the ASX without having to purchase shares directly. Options allow investors to hedge ...

Legg Mason subsidiary cuts performance fees

ALLY SELBY  |  THURSDAY, 16 JUL 2020
A subsidiary of Legg Mason has cut performance fees for two of its value funds, after recording negative returns during the COVID-19 crisis. RARE Infrastructure, a listed infrastructure manager, removed performance fees on its value funds, both hedged ...

Morrison's legacy will be retirement poverty: ACTU

ELIZABETH MCARTHUR  |  THURSDAY, 16 JUL 2020
The Australian Council of Trade Unions has slammed the government's early release of superannuation program, saying that Prime Minister Scott Morrison's legacy will be a wave of retirement poverty. Following the second round of early release withdrawals ...

Chief economist update: Flattening the rebound

BENJAMIN ONG  |  WEDNESDAY, 15 JUL 2020
The earlier than expected easing of restrictions in Australia that defrosted social and commercial activity has had their desired effect - rebounding business conditions and confidence - and the feared one -- a second wave. The NAB monthly business ...

ERS sees 300,000 repeat applications

ELIZA BAVIN  |  WEDNESDAY, 15 JUL 2020
Around 300,000 Australians lodged their second application to access their super early at the start of the new financial year. APRA had previously warned it was expecting a high volume of applications as the second tranche opened. In total, over $19 ...