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Showing 1551 - 1560 of 5907 results for "Second"

HUB24 reports record results

ALLY SELBY  |  TUESDAY, 25 AUG 2020
... platform (which resulted in higher cash account income). This cushioned the impact of the RBA's cash rate cuts during the second half of the year, HUB24 said. Its underlying NPAT was impacted by several one-off items, HUB24 said, including a $1 million ...

Chief economist update: Comeback COVID

BENJAMIN ONG  |  TUESDAY, 25 AUG 2020
... Macron," Factset said. Just as "Freddy's" first coming and the social restrictions and lockdowns that followed it, the second wave now hitting the single currency region is slowing economic activity. This is evidenced by the latest IHS Markit Flash ...

COVID-19 dampens CFO outlook

KARREN VERGARA  |  MONDAY, 24 AUG 2020
... grapple with. Three out of four CFOs expect their companies' revenues to fall, relative to pre-COVID-19 forecasts, in the second half of 2020; more than half are expecting more revenue falls in 2021. Deloitte partner Stephen Gustafson said: "A COVID-induced ...

ESG crisis returns overcooked: Research

KANIKA SOOD  |  MONDAY, 24 AUG 2020
... 2020 COVID crisis period, and it is weakly negatively associated with returns during the market's "recovery" period in the second quarter of 2020," Demers et al wrote in a pre-print and pre-peer review copy of the research. "Industry affiliation, market-based ...

Cromwell sells SA asset at premium

ALLY SELBY  |  MONDAY, 24 AUG 2020
... C12 shareholders to retain an asset at 19 George Street, Dandenong (valued at $100 million) and to extend the trust for a second term prior to the end of C12's initial term. This would require a shareholder vote to proceed, it said. Since its inception ...

Westpac offloads vendor finance business

ALLY SELBY  |  FRIDAY, 21 AUG 2020
... lender of choice to small and medium-sized business in Australia." Cerberus acquired Angle Finance in September 2019; its second acquisition in the region. It had previously acquired Bluestone Mortgages (mortgage lending specialist with operations in ...

Retail investors surpass one million

ALLY SELBY  |  FRIDAY, 21 AUG 2020
... and live pricing." CommSec Pocket leads the industry in terms of overall satisfaction, while Stake and SelfWealth came in second and third, respectively. Investment Trends also found that a significant proportion of investors were applying responsible ...

Suncorp wealth business down

ELIZA BAVIN  |  FRIDAY, 21 AUG 2020
... pleased the business could deliver on its commitment to shareholders. "While our financial performance, particularly in the second half, has not been immune from the negative impacts of COVID-19, there were a number of highlights which demonstrate the ...

Chief economist update: Second wave turning our V into a W

BENJAMIN ONG  |  FRIDAY, 21 AUG 2020
Australia's private sector activity is back, back in contraction that is. The Commonwealth Bank flash Australia composite PMI fell to a reading of 48.8 in August - indicating "Contraction, change of direction" - from 57.8 in July - indicating "Expansion ...

Chief economist update: Worse news is better news

BENJAMIN ONG  |  THURSDAY, 20 AUG 2020
... growth predictions. "The projected rate of recovery in real GDP, and the pace of declines in the unemployment rate, over the second half of this year were expected to be somewhat less robust than in the previous forecast. Although the staff assumed that ...