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

Search Results

Showing 1491 - 1500 of 6020 results for "Credit"

Cairns women disadvantaged by super gender gap

KARREN VERGARA  |  MONDAY, 12 APR 2021
Industry Super Australia's modelling found that women from Cairns will retire with almost $40,000 less superannuation than men. These stark figures highlight the need to lift the super rate as legislated from 9.5% to 12%, ISA said. "Women on middle ...

Alceon merges real estate unit

KARREN VERGARA  |  MONDAY, 12 APR 2021
... across real estate, private equity and listed equity. Its total funds under management, taking into account private equity, credit and liquid strategies, will exceed $3billion. The move has rejigged leadership and portfolio manager roles at Freehold ...

Junk insurance lands Westpac in court

KARREN VERGARA  |  THURSDAY, 8 APR 2021
ASIC is taking Westpac to the Federal Court, alleging it sold junk credit insurance to 384 customers that did not want it and whose accounts were unlawfully debited to pay for the premiums. The corporate regulator has exposed dodgy sales of add-on insurance ...

CBA to pay $7m for overcharged interest

ANNABELLE DICKSON  |  THURSDAY, 8 APR 2021
... deceptive conduct over to 12,119 occasions from 1 December 2014 to 31 March 2018. The bank advised customers with certain credit facilities they would be charged a 16% interest rate and were sent account statements showing this interest rate. However ...

Credit Suisse confirms multibillion-dollar loss

JAMIE WILLIAMSON  |  WEDNESDAY, 7 APR 2021
Credit Suisse has announced the departure of several senior staff members while confirming a $6.13 billion loss, reportedly linked to the collapse of family office Archegos Capital. Credit Suisse said it expects to incur a pre-tax Q1 loss of $1.25 billion ...

Tax concessions failing women: Research

ANNABELLE DICKSON  |  TUESDAY, 6 APR 2021
The tax concession system is a contributing factor to gender inequality with most of the benefits flowing onto men, new research from the Australia Institute shows. Economic modelling commissioned by the Australia Institute from the Centre for Social ...

Evans and Dixon takeover shelved

KANIKA SOOD  |  THURSDAY, 1 APR 2021
... group's cash can now be deployed into alternative asset opportunities across real assets, public and private equity, and credit. The ASX-listed 360 Capital first appeared on Evans Dixon's shareholder register after the FY20 results (statutory ...

Vanguard targeted in bond fund scam

KANIKA SOOD  |  WEDNESDAY, 31 MAR 2021
... should immediately report this criminal offence to police, contact their bank to stop payments being taken, and alert major credit bureaus such as Equifax and Experion to place a stop on their credit profile to prevent others opening accounts with their ...

MCP builds out team

ANNABELLE DICKSON  |  TUESDAY, 30 MAR 2021
Metrics Credit Partners has made a raft of appointments, hiring from Vision Super and JLL. Stephen Nash has joined the boutique as director of market strategy. Nash was most recently at Vision Super, prior to which he was chief investment officer at ...

Northern Trust AM's stellar year

KANIKA SOOD  |  MONDAY, 29 MAR 2021
... locally ahead of launching its own superannuation offering. The changes were across three asset classes (international credit, sovereign bonds and global equities). As an example, Vanguard used an index-tracking strategy in the international credit allocation ...