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Showing 1381 - 1390 of 5854 results for "Short"

Challenger shareholders revolt against remuneration

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
... 2020 with plans to extend into 2021, reduced the variable rewards pool to its lowest in five years, and pushed down total short-term incentives by 56% on the previous year among other measures. The non-executive director fees were also trimmed by 20% ...

Chief economist update: Not out of the woods

BENJAMIN ONG  |  FRIDAY, 30 OCT 2020
... economy in the third quarter, why does Wall Street even care whether a stimulus deal is signed today, tomorrow or never? The short answer is the US Federal Reserve remains unconvinced. Fed chair Jerome Powell thinks there's still a long way to go ...

SMSF fraudster charged

ANNABELLE DICKSON  |  THURSDAY, 29 OCT 2020
... that they could invest in debentures that included a guaranteed high return and that the funds could be returned after a short-term period. The court found that in relation to four SMSF clients Gore was aware of the poor financial state of Arion at the ...

Chief economist update: Europe, we have a problem

BENJAMIN ONG  |  THURSDAY, 29 OCT 2020
... government spending and monetary policy accommodation. The problem is Europe's problem is also the world's problem. Short of having a vaccine, the threat of infection taking a tour elsewhere in one or more parts of the planet would remain as ...

ASFA proposes MySuper test

KARREN VERGARA  |  WEDNESDAY, 28 OCT 2020
The Association of Superannuation Funds of Australia is suggesting an alternative one-off test to weed out underperforming default funds in place of the government's recent proposals. ASFA's Lifting the Bar proposal will examine MySuper products and ...

ANZ flags earnings hit

ANNABELLE DICKSON  |  WEDNESDAY, 28 OCT 2020
ANZ has announced a $528 million impact on its cash profit as a result of remediation costs, accelerated software costs and goodwill write off. Following a product review across ANZ, remediation charges have been increased $97 million from the first ...

360 Capital moves to acquire Evans Dixon

KARREN VERGARA  |  TUESDAY, 27 OCT 2020
ASX-listed firm 360 Capital Group is proposing to takeover Evans Dixon shortly after its founder and managing director joined the embattled firm. The firm announced it wants to acquire Evans Dixon (ED1) via an off-market takeover, taking its 19.55% ...

Legacy AMP Life policyholders take premium hit

ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
... to a shorter benefit period given their life circumstances may have changed since the policy was taken out. "In contrast, short term income protection products have a very modest increase. We are increasing help for customers to be in control of relevant ...

Alex Waislitz fails to block OneVue acquisition

KANIKA SOOD  |  THURSDAY, 22 OCT 2020
... full potential upside inherent in the company," he said. "However it is clear most shareholders were happier to take the short term option of selling out now rather than waiting to build more value over time. I am pleased that Thorney was able to extract ...

Worst investment ideas revealed: ARK

ELIZABETH MCARTHUR  |  THURSDAY, 22 OCT 2020
... the hassle of airport security lines," the report said. "As a result, on the heels of the COVID-19 pandemic, ARK expects short-haul flight operators to suffer another blow, losing roughly 27%, or $28 billion, in revenues."