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Showing 1551 - 1560 of 7104 results for "June 2023"

Chief economist update: It's looking up for the land down under

BENJAMIN ONG  |  WEDNESDAY, 25 NOV 2020
It keeps getting better and better for Australia. Only yesterday, I penned about things bright and beautiful developing in Australia - its success over containing the second wave and the consequent relaxation of restrictions and re-opening of state ...

T. Rowe Price launches entity, restructures

KARREN VERGARA  |  TUESDAY, 24 NOV 2020
T. Rowe Price will establish a separate US-based entity and platform that will house several of its strategies, promoting a veteran to lead the venture and a new team. Stephon Jackson, currently associate head of US equity, will become head of the new ...

Chief economist update: Iron ore to reduce Aussie deficit

BENJAMIN ONG  |  TUESDAY, 24 NOV 2020
"I see trees of green, red roses too..." - Louis Armstrong It'll be peculiar to even be humming this immortal classic at a time when covid-19 continues to afflict most of the world. But the way it's going for this land down under, it wouldn't ...

Business tax expanded to big corporates

ANNABELLE DICKSON  |  MONDAY, 23 NOV 2020
The government has expanded its temporary tax write-off measure to include businesses with turnover over $5 billion. Businesses with aggregated turnover over $5 billion due to income from overseas that have invested $100 million intangible depreciating ...

Regulator continues crackdown on product adverts

ELIZA BAVIN  |  MONDAY, 23 NOV 2020
ASIC has placed a stop order on another fund after it found radio advertisements compared the fund to term deposits and did not include proper risk warnings. The stop order was placed on advertisements for the Skyring Fixed Income Fund prohibiting it ...

New approach needed for Age Pension: RIR

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
The Age Pension is a vital pillar of the retirement income system and provides most Australians with a minimum standard of living but a new approach is required to ensure retirees that rent reach this goal. The long-awaited Retirement Income Review ...

Financial adviser reference checks under scrutiny

ELIZABETH MCARTHUR  |  THURSDAY, 19 NOV 2020
ASIC has released a consultation paper seeking feedback on reference checking protocols for financial advisers and mortgage brokers. Requiring financial advisers to have reference checks was one of the recommendations to come out of the Royal Commission. ...

Generation flags Ascalon closure

ANNABELLE DICKSON  |  THURSDAY, 19 NOV 2020
ASX-listed Generation Development Group has confirmed its intention to wind up Ascalon Capital Managers, just two years after acquiring it from Westpac. It also announced plans to launch an income fund and a lifetime annuity. Generation has announced ...

NSW budget boosts TCorp loans

KARREN VERGARA  |  WEDNESDAY, 18 NOV 2020
TCorp has unveiled its new funding program that will increase client loans in line with the New South Wales government's record spend on infrastructure. In FY21, TCorp's funding program consists of $32 billion of new client loans. Maturities for the ...

Clime to wind up Australian value fund

KANIKA SOOD  |  TUESDAY, 17 NOV 2020
The 14-year-old fund is headed for the door as asset growth falters. The Clime Australian Value Fund was set up in 2006 (wholesale units followed in 2011) and had $79 million in total assets at June end. It targeted capital growth and a growing level ...