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

Search Results

Showing 1531 - 1540 of 5907 results for "Second"

Chief economist update: Australia succumbs to pandemic-induced recession

BENJAMIN ONG  |  THURSDAY, 3 SEP 2020
... international demand and the disruption to supply chains around the world are highlighted by the 10.6% fall in exports in the second quarter and the even sharper 19.1% drop in imports. Australia's overall economic growth would have been much deeper ...

Official recession not that scary: Economists

ELIZA BAVIN  |  THURSDAY, 3 SEP 2020
... enabled the economy to be reopened earlier than most people had anticipated," Aird said. "Economic activity improved over the second half of the June quarter as restrictions were eased nationally." As has been the theory thrown around by many, Aird believes ...

IOOF names licensee chiefs, acquires platform

JAMIE WILLIAMSON  |  WEDNESDAY, 2 SEP 2020
... consisting of Lonsdale, Millennium3 and IOOF Alliances and will be led by Millennium3 chief executive Helen Blackford. The second group will comprise RI Advice and Consultum Financial Advisers and will be led by RI Advice chief executive Peter Ornsby. ...

Future Fund posts negative year, cashes up

KANIKA SOOD  |  WEDNESDAY, 2 SEP 2020
... FY20 and increased its cash holdings by about $11.8 billion in the three months since March end. This is the Future Fund's second year of negative returns in its 15-year life and comes against a backdrop of COVID-19 shutdowns. The last time was FY09 ...

La Trobe launches new loan suite

ALLY SELBY  |  WEDNESDAY, 2 SEP 2020
... community, including police, fire and emergency services, Australian Defence Force and emergency medical service workers." The second product is a Bridging Loan, set to provide La Trobe customers with a short-term "bridge" to purchase or build a new ...

Industry funds triumph July performance

ANNABELLE DICKSON  |  WEDNESDAY, 2 SEP 2020
... three, five, seven and 10 years with returns of 4.7%, 10.3%, 10.4% and 9.8% respectively. UniSuper's high growth came in second over three years at 8.8%, equal first over five years at 8% and second over seven and 10 years with 9.8%. In the retirement ...

Chief economist update: RBA increases and extends TFF

BENJAMIN ONG  |  WEDNESDAY, 2 SEP 2020
... further monetary measures could support the recovery". This implies the RBA may have become concerned that Australia's second wave - which prompted Stage 4 restrictions in Victoria (the second largest state) and state border closures - would prolong ...

Sydney boutique wins $300m QIC mandate

KANIKA SOOD  |  TUESDAY, 1 SEP 2020
... achieve while the primary market's been somewhat subdued." Late last year, the boutique raised $100 million for its second fund with a Sydney superannuation fund Australian Catholic Superannuation and Retirement Fund investing again with it.

Labor says yes, economists say no to SG rise

ELIZA BAVIN  |  TUESDAY, 1 SEP 2020
... on to its AAA rating. "We have had this slug taken to the existing national superannuation pile. Furthermore, there is a second big slug being the indication that [Prime Minister Scott] Morrison and [Federal Treasurer Josh] Frydenberg are going to betray ...

ERS withdrawals surpass $32bn

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
... AustralianSuper, the country's largest fund, has paid out the most to members, approaching $4.5 billion. Sunsuper has paid out the second largest amount, coming in at $3.26 billion, while funds with members from harder hit sectors of the economy coming ...