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Showing 1571 - 1580 of 5161 results for "REST"

Banks throw Australians a second lifeline

ALLY SELBY  |  THURSDAY, 9 JUL 2020
Australia's banks will defer repayments on loans for an additional four months, in a bid to avoid a 'fiscal cliff' in September and aid in the country's economic recovery. Those who can restart paying back their loans will be required to do so at the ...

Chief economist update: UK plans for jobs

BENJAMIN ONG  |  THURSDAY, 9 JUL 2020
The United Kingdom has followed the script dictated by the coronavirus pandemic in much of the world. On March 23, the government imposed strict lockdown measures, giving "bobbies" power to fine people leaving their homes for "non-essential" reasons. ...

Equity Trustees nabs new director

ALLY SELBY  |  WEDNESDAY, 8 JUL 2020
... (ETSL) and HTFS Nominees Pty Ltd (HTFS). Zielinski is currently the interim chief investment officer at industry super fund Rest, previously having established Super Investment Management, the wholly-owned investment management arm of the super fund ...

Melburnians back in the lockup

BENJAMIN ONG  |  WEDNESDAY, 8 JUL 2020
... officer, Annaliese van Diemen, proclaimed in her press conference: "We are in a very enviable position, we are the envy of the rest of the world in fact". On that day, Victoria's total cases of infection was 1,346 - less than half those in NSW (3,002) ...

Hostplus bumps cash allocation up

ELIZABETH MCARTHUR  |  TUESDAY, 7 JUL 2020
Industry fund Hostplus has revised its asset allocation, bumping the allocation to cash in its balanced option up from 0% to 5%. The change to the cash allocation was effective from 19 June 2020, when the fund also reduced its allocation to alternatives ...

Chief economist update: Second waving, not drowning

BENJAMIN ONG  |  TUESDAY, 7 JUL 2020
... second wave is a cause for concern for all in this land "girt by sea". Australia's second biggest state could drag the rest of this sunburnt country down. So far, the state government has locked down 39 suburbs. With infected cases continuing to ...

Indigenous foundation teams up with super funds

ELIZA BAVIN  |  TUESDAY, 7 JUL 2020
... network of Aboriginal community organisations. "It is well known that Indigenous Australians have lower super balances than the rest of the population, so helping our people harness the power of their superannuation is of critical importance," Usher ...

Chief economist update: Victoria's secret

BENJAMIN ONG  |  MONDAY, 6 JUL 2020
... (0.4%) or India's (0.05%). But I digress. Whether or not Australia has more, or less, cases of infection relative to the rest of the world is moot... so is the increasing likelihood that, starting with Victoria, the rest of the nation will be forced ...

Schroders readies private assets offering

KANIKA SOOD  |  THURSDAY, 2 JUL 2020
... Claire Smith said. About 60% of the fund's assets are managed by Schroders' private equity business Adveq, with the rest split across external managers who specialise in certain geographies or industries. Schroders is targeting returns of 10% ...

Chief economist update: The post-pandemic problem

BENJAMIN ONG  |  THURSDAY, 2 JUL 2020
"This is a once-in-a-100 year type event, we haven't seen this sort of thing in Australia since the end of the first World War..." This was how Australian Prime Minister Scott Morrison described the coronavirus outbreak shortly after the World Health ...