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Showing 1521 - 1530 of 5159 results for "Rest"

ERS continues super drain

ELIZA BAVIN  |  MONDAY, 3 AUG 2020
... one million. AustralianSuper has paid out $4.15 billion to its members, followed closely by Sunsuper at $3.05 billion and Rest at $2.7 billion. Last week the government announced it would be extending access to the ERS scheme until December, as the country ...

Chief economist update: It's about human life, not human rights

BENJAMIN ONG  |  MONDAY, 3 AUG 2020
... Victoria coupled with increased welfare and health spending and ultimately, weaker economic activity that would surely drag the rest of Australia down. Recent reports are that Victoria's six-week lockdown could wipe $9 billion from the national economy ...

ESG funds crowned winners of COVID-19 crisis

ALLY SELBY  |  MONDAY, 3 AUG 2020
... garnering 86% of total inflows. Meantime, sustainable funds in the United States took in 14.6% of total inflows, while the rest of the world (including Canada, Australia and New Zealand) reported US$260 million in inflows. In comparison, Asian and Japanese ...

Chief economist update: A tiny bug takes down the largest economy

BENJAMIN ONG  |  FRIDAY, 31 JUL 2020
"Toto, I've a feeling we're not in Kansas anymore." - Wizard of Oz Data revealed in the latest US National Accounts gave meaning to declarations that we are living in unprecedented times. Some would be concerned, but most would understand, reading ...

Spend your money how you please: PM

ELIZA BAVIN  |  FRIDAY, 31 JUL 2020
The Prime Minister has said it is not the government's place to tell Australians how to spend the money they have removed from super due to the Early Release of Super (ERS) scheme. Speaking at a press conference Prime Minister Scott Morrison said the ...

HUB24 awards super trustee mandate

KANIKA SOOD  |  THURSDAY, 30 JUL 2020
... independent trustee for Australian institutions, and the investment is paying off.". On July 8, Equity Trustees added industry fund Rest's outgoing interim chief investment officer George Zielinski to both superannuation boards. EQT now has about $8 ...

Bond investor sues Australian government

ELIZABETH MCARTHUR  |  THURSDAY, 30 JUL 2020
... bond information statements. Barnden is the same lawyer representing Mark McVeigh in his suit against superannuation fund Rest for its alleged failure to address and disclose climate risk appropriately. He has taken on O'Donnell's case on a pro ...

Chief economist update: Cheaper prices not a bargain

BENJAMIN ONG  |  THURSDAY, 30 JUL 2020
Down, down, prices are down... big time! The Australian Bureau of Statistics (ABS) reported that the country's headline inflation dropped by 1.9% in the June quarter - the largest quarter on quarter decline in the 72-year history that the statistician ...

Banks ordered to reduce dividend payout ratios

KANIKA SOOD  |  WEDNESDAY, 29 JUL 2020
Banks and insurers have been asked to retain at least half of their earnings while deciding dividends until December, after APRA issued revised guidelines. The prudential regulator in April asked banks and insurers to consider deferring dividend decisions ...

Janus Henderson lists new active ETF

KANIKA SOOD  |  WEDNESDAY, 29 JUL 2020
... to corporate senior debt, followed by semi government (18%); subordinated corporate debt (9%), government bonds (5%). The rest was split across asset-backed securities, cash and derivatives, global high yield, hybrids and supranationals.