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Showing 1551 - 1560 of 5160 results for "Rest"

Super to tip into negative cash flows: Research

ELIZABETH MCARTHUR  |  MONDAY, 20 JUL 2020
New research from Right Lane has suggested that Australian super funds could tip into negative cash flows due to COVID-19 and the early release of super program. Right Lane predicts that 54 of 90 super funds could be in negative cash flows by the end ...

ERS payments approach $30bn mark

ELIZA BAVIN  |  MONDAY, 20 JUL 2020
... Sunsuper has also made a significant amount of repeat payments totaling $774 million, followed by Hostplus $588 million and Rest with $581 million.

Chief economist update: China recovery would have been good for Oz

BENJAMIN ONG  |  MONDAY, 20 JUL 2020
"Sweet days of summer, the jasmine's in bloom July is dressed up and playing her tune... Summer breeze, makes me feel fine, blowing through the jasmine in my mind" -Summer Breeze, Seals and Crofts It was expected. China was first in. It was the ...

Perpetual top brass cop six-month pay cuts

KANIKA SOOD  |  FRIDAY, 17 JUL 2020
... 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 team and board of directors will be paid 10% lower base salary for the six months. The group ...

Administrators appointed to iProsperity

ELIZABETH MCARTHUR  |  FRIDAY, 17 JUL 2020
Real estate investment manager iProsperity has taken a hit from COVID-19, resulting in administrators being appointed to the group. Cor Cordis has been appointed voluntary administrator to the companies in the iProsperity Group but their appointment ...

Stimulus stutters amid record unemployment

ELIZABETH MCARTHUR  |  FRIDAY, 17 JUL 2020
The government's announcement of the new JobTrainer package was met with calls to extend the existing JobSeeker and JobKeeper measures as devastating unemployment numbers were released. Unemployment has now hit 7.4%, the highest it has been in two decades ...

Pandemic exacerbated retirement confidence: Research

ELIZA BAVIN  |  FRIDAY, 17 JUL 2020
... the pandemic to be short-lived, Australians are already reacting with respect to their retirement savings. Compared to the rest of the world, a greater proportion of Australians during the crisis have checked their superannuation more regularly, switched ...

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

BENJAMIN ONG  |  FRIDAY, 17 JUL 2020
"The Australian economy is fighting back." Prime Minister Scott Morrison's declaration referring to the bounce back in the Australian labour market wouldn't have rung hollow had it not been for the second wave in Victoria - the country's ...

Industry super accused of misleading consumers

ELIZABETH MCARTHUR  |  THURSDAY, 16 JUL 2020
... Googling the term 'retail super' the paid advertisements that appears is for the Retail Employees Superannuation Trust (REST), HESTA, cbus and First State appear. Googling 'retail superannuation' advertisements for HESTA and First State ...

Kapstream restructures investment team

KANIKA SOOD  |  WEDNESDAY, 15 JUL 2020
Kapstream Capital has made its head of credit redundant as it aims for a flatter team structure, while also hiring a new credit-focussed portfolio manager. Raymond Lee, who spent nearly a decade at Kapstream and previously managed money for Lachlan ...