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

Search Results

Showing 1371 - 1380 of 4753 results for "July 24"

RBA prepares to scale up bond buying

ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
The Reserve Bank of Australia kept interest rates steady at its July meeting but said it is standing ready to scale-up its bond buying purchases again to ensure bond markets remain functional. The RBA board decided to maintain the current policy settings ...

Qantas Super awards insurance mandate

ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
MLC Life has lost the Qantas Super mandate with the super fund announcing a new mandate. Qantas Super announced MetLife has been awarded the insurance mandate, effective July 1, 2020. The fund said it was pleased to welcome the global insurer, saying ...

Melburnians back in the lockup

BENJAMIN ONG  |  WEDNESDAY, 8 JUL 2020
... control" and "very, very quickly. Victoria's infection tally jumped from nil on the 8th of June to 191 on the 6th of July - more than the previous high of 106 recorded on 27 March. Victorians not welcome. In order to ensure that what's happening ...

BT un-aligns group insurance, awards mandate

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JUL 2020
Westpac's BT super has awarded a group insurance mandate, switching members away from Westpac Life Insurance Services. AIA Australia has been appointed as the new group insurer, with the change coming into effect from 1 July 2020. The change will impact ...

New player in geared, index-shorting ETFs

KANIKA SOOD  |  TUESDAY, 7 JUL 2020
After BetaShares' success in attracting investors to its geared, index-shorting ETFs during COVID's market decline, another player is getting ready to throw its hat in the ring. ETF Securities is set to launch new ETFs based on the NASDAQ 100 ...

Iress executive moves to non-executive roles

KANIKA SOOD  |  TUESDAY, 7 JUL 2020
Iress's group executive for product will step down from his executive role in August but continue in a non-executive position. Aaron Knowles's new role will be finalised in the coming months, Iress chief executive Andrew Walsh said. He will return to ...

Chief economist update: Second waving, not drowning

BENJAMIN ONG  |  TUESDAY, 7 JUL 2020
While we, Australians all, remain glued tracking the mounting cases of infection in Victoria - one that has prompted the New South Wales government to close its borders with its neighbour south of the Murray River for the first time since the Spanish ...

WAM makes replacement bid for Keybridge

ELIZA BAVIN  |  TUESDAY, 7 JUL 2020
Despite ongoing legal action between the pair, WAM Active has made an official replacement bid to acquire Keybridge Capital shares at an offer price of 6.9 cents per share. The new offer is higher than the previous offer of 6.5 cents per share, made ...

AMP closes ethical option to super members

ELIZABETH MCARTHUR  |  MONDAY, 6 JUL 2020
AMP has taken the AMP Capital Ethical Leaders Balanced fund off its investment menus for superannuation members. AMP super members in CustomSuper, Flexible Lifetime, AMP Flexible Super, SignatureSuper, SignatureSuper Select, SuperLeader and the Woolworths ...

New private debt fund

KANIKA SOOD  |  MONDAY, 6 JUL 2020
Pinnacle boutique Metrics Credit Partners has launched a new fund-of-funds that will invest in direct loans to Australian corporates, with the minimum investment size set at $1000. The Metrics Direct Income Fund is targeting 3.25% per year above the ...