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Showing 121 - 130 of 275 results for "Swift"

ASIC names operations, risk leads

KARREN VERGARA  |  MONDAY, 31 AUG 2020
... Royal Commission recommendations. In the financial advice sector, ASIC will continue to identify unlicensed advice and take "swift action," against misconduct. "A new ASIC-wide working group will undertake this work," the report read. ASIC warned superannuation ...

Chief economist update: COVID-19 cycle

BENJAMIN ONG  |  MONDAY, 17 AUG 2020
... reports of four new infections, prompting Prime Minister Jacinda Ardern to impose Stage 3 restrictions. Despite Ardern's swift and tough action, four has become 49, and has prompted the prime minister to delay the New Zealand elections from September ...

MSCI shifts to the cloud with Microsoft alliance

ALLY SELBY  |  FRIDAY, 24 JUL 2020
Global index provider MSCI has formed a strategic alliance with Microsoft to shift its products, data and services onto the cloud, in a move that the duo says will accelerate innovation among the global investment industry. The partnership will enhance ...

Government announces $184bn deficit

ELIZA BAVIN  |  FRIDAY, 24 JUL 2020
Treasurer Josh Frydenberg has announced the country's biggest ever peace-time budget deficit as the economic effects of COVID-19 are realised. Frydenberg and Minister for Finance, Senator Mathias Cormann revealed the economic toll while giving an economic ...

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

BENJAMIN ONG  |  MONDAY, 20 JUL 2020
... the global financial crisis that helped keep recession away from the Australia. Australians all would be rejoicing at the swift recovery in China's economy had it not for the heating tension between Canberra and Beijing - first, as a result of Prime ...

Global public debt to reach 101.5% of GDP: IMF

ELIZA BAVIN  |  MONDAY, 13 JUL 2020
... will be necessary to distinguish illiquid but solvent firms from insolvent ones. "Many countries will also need to take swift and determined actions to improve legal mechanisms for resolving debt overhang and preventing long-run economic scarring."

Global infrastructure proves profitable: LGIAsuper

ELIZA BAVIN  |  MONDAY, 13 JUL 2020
LGIAsuper has recorded a 14.67% return from its ISQ Infrastructure fund in its latest quarterly figures. The fund is operated by global infrastructure interment manager I Squared Capital (ISQ) and LGIAsuper has invested around $368 million. The relationship ...

Chief economist update: Extraordinarily uncertain outlook

BENJAMIN ONG  |  TUESDAY, 30 JUN 2020
... an important new phase and have done so sooner than expected," he said. This is because, he notes: "The crisis was met by swift and forceful policy action across the government, including the Coronavirus Aid, Relief, and Economic Security Act (CARES ...

COVID-19 dampens retirement expectations: Study

ALLY SELBY  |  MONDAY, 22 JUN 2020
... pressing matters to attend to post COVID-19, this is one of them. There's a real danger here if policy change isn't swift and imminent." The survey also found that the economic impact of the pandemic was far greater on prospective retirees (with ...

APRA hands reins to ASIC in AUSTRAC case

ALLY SELBY  |  THURSDAY, 18 JUN 2020
APRA has delegated some of its enforcement powers to the corporate watchdog, as the two agencies continue their investigations into AUSTRAC's allegations against Westpac. To limit any overlap, the prudential regulator will hand over responsibilities ...