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Showing 131 - 140 of 275 results for "Swift"

FASEA blame game on in earnest

HARRISON WORLEY  |  FRIDAY, 15 MAY 2020
... amendment as a "betrayal", noting the bill could not be listed as "non-controversial" legislation which would have ensured its swift passage through the Senate. "Labor's last minute changes forced the government to instead list it for debate behind ...

Super must come together over cybercrime

HARRISON WORLEY  |  THURSDAY, 14 MAY 2020
The oversight body of the Superannuation Transaction Network is calling on super funds to work together to thwart the threat of cybercrime. Addressing the Association of Super Funds of Australia, GNGB executive officer Michelle Bower has urged the super ...

Revenues lift 30% at Xero

ALLY SELBY  |  THURSDAY, 14 MAY 2020
Accounting software company Xero has seen its full year earnings to March 31 lift 30% to $718.2 million, as financial advisers and accountants shift to digital solutions to run their businesses. Xero's net profit rose to $3.3 million; a $30.5 million ...

Investors pile into companies on life support

ALLY SELBY  |  TUESDAY, 12 MAY 2020
... yesterday's gains. Stocks that led the charge on Monday are now bleeding red. So were Aussie investors, hopeful of a swift economic recovery, just clutching at straws? With the government announcing a plan to ease restrictions, investor sentiment ...

IOOF sees surge in FUM

ELIZA BAVIN  |  FRIDAY, 1 MAY 2020
... surge in demand for financial advice and information. "Clients are naturally concerned, and somewhat overwhelmed with the swift changes that have taken place," Mota said. "Guided by financial advisers, they seem to be taking a pragmatic and long-term ...

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 ...

Hundreds of thousands flock to early release

ELIZA BAVIN  |  TUESDAY, 7 APR 2020
... change a business structure or employment arrangements to obtain a benefit or payment. "The ATO and TPB will take firm and swift action should this be the case," they said. "We understand these situations can be difficult to navigate and we encourage ...

Super funds face penalties over early release failures

ELIZABETH MCARTHUR  |  TUESDAY, 7 APR 2020
Treasurer Josh Frydenberg has confirmed superannuation funds that fail to appropriately handle early release during the COVID-19 crisis will face penalties. Asked by Financial Standard how the government would handle funds that might face liquidity ...

The impact of COVID-19 on emerging markets

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... significant re-rating towards fair value." Platinum Asset Management investment specialist Douglas Isles said China's swift action to control the pandemic has seen its bourse bounce back relatively unscathed. "China is the largest emerging market ...

AMP to pay $5m for churn

JAMIE WILLIAMSON  |  WEDNESDAY, 5 FEB 2020
... corporate will to take the necessary steps to prevent greedy and unlawful conduct taking place, and a further failure to adopt a swift and proper remedial response". In handing down its judgment, the court said the churning conduct of one adviser in ...