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Showing 1501 - 1510 of 6213 results for "SIX"

Aussie equities stage recovery

ELIZA BAVIN  |  TUESDAY, 21 JUL 2020
... reversing the March quarter's 24.9% loss into a 17.4% gain in the June quarter, although it's still 11.8% down in the first six months of 2020." The IMF predicted that world economic output will drop by 4.9% this year, after an estimated expansion of ...

Chief economist update: Haste makes Budget waste

BENJAMIN ONG  |  TUESDAY, 21 JUL 2020
... therefore, a reimposition of lockdown restrictions - had it not rushed to reopen and followed its original prescription for a six-month lockdown? Not only that, in the haste to reopen, the Victorian government has upped restrictive precautions -- starting ...

Government expands SME Guarantee Scheme

ANNABELLE DICKSON  |  MONDAY, 20 JUL 2020
... unsecured loans up to $250,000 issued by eligible lenders until September 30 for a maximum loan period of three years with a six-month repayment holiday. The second phase will commence on October 1 and will be available through to June 30 next year and ...

Six Park eyes advisers, appoints head

KANIKA SOOD  |  MONDAY, 20 JUL 2020
Six Park has hired a former AustralianSuper and BT Financial Group business development and partnerships team member, as it looks to tap into adviser groups, platforms and other B2B channels. Ha-Dieu Ford has joined its management team as the head of ...

Perpetual top brass cop six-month pay cuts

KANIKA SOOD  |  FRIDAY, 17 JUL 2020
Perpetual chief executive Rob Adams and chair Tony D'Aloisio are taking a 20% cut on their base salaries for six months from July 1, as the company also shrinks variable remuneration company-wide in response to COVID-19. The rest of the group executive ...

Chief economist update: Stop right now, thank you very much

BENJAMIN ONG  |  FRIDAY, 17 JUL 2020
... therefore, a reimposition of lockdown restrictions - had it not rushed to reopen and followed its original prescription for a six-month lockdown? "Stop right now, thank you very much."

Aussie banks set to underperform

ALLY SELBY  |  THURSDAY, 16 JUL 2020
... think about all of these wealth businesses inside banks that were very small, they would contribute somewhere between three to six or 7% of profits for the banks." This meant the bank's divestment from wealth was "an absolute no brainer", he said. ...

GMO acquires Japanese equity manager

ALLY SELBY  |  THURSDAY, 16 JUL 2020
... multi-asset solutions George Sakoulis will rejoin GMO as its head of investment teams in August, after having spent more than six years with the quantitative investment manager. Previously, Sakoulis had served as GMO's portfolio manager and head of quantitative ...

CFS drops fees on external fund

KANIKA SOOD  |  WEDNESDAY, 15 JUL 2020
... currency forwards and (through an unlisted unit trust) other derivative contracts. The class A returned 2.04% in the year June. Six month returns for the period were -3.02%. CFS has been distributing Aspect Capital's strategies in Australia for a dec ...

Woman jailed in $105m tax scam

ELIZA BAVIN  |  MONDAY, 13 JUL 2020
... She is the fourth person to be sentenced for their role in this syndicate and was given a non-parole period of two years and six months. Operation Elbrus was a 2017 investigation led by the Australian Federal Police (AFP), with significant assistance ...