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Showing 141 - 150 of 501 results for "Spike"

Bezos adds billions

ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
... in a single day marking the largest single day jump for an individual, according to the Bloomberg Billionaires Index. The spike in wealth was due to a near 8% spike in Amazon shares, due to people flocking to the online retailer as a result of the COVID-19 ...

Chief economist update: Haste makes Budget waste

BENJAMIN ONG  |  TUESDAY, 21 JUL 2020
Would Australia be experiencing a second wave - and therefore, a reimposition of lockdown restrictions - had it not rushed to reopen and followed its original prescription for a six-month lockdown? Not only that, in the haste to reopen, the Victorian ...

Australian Ethical posts record results

ALLY SELBY  |  WEDNESDAY, 15 JUL 2020
... it's in their own ethical approach to living or if it's where they put their super." The wealth manager saw a huge spike in client numbers in January, pulling in $112 million in net inflows for its super and managed fund offerings. In super alone ...

ERS surges $7bn in a week

ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
... tranche of applications were lodged at the start of the new financial year. However, Rainmaker Information data shows this spike is close to the initial spike seen when applications opened back on April 20. Rainmaker Information executive director of ...

Chief economist update: A tale of two quarters

BENJAMIN ONG  |  FRIDAY, 3 JUL 2020
... DJIA down by 31.4%; the Nasdaq down by 25.6%; the Russell 2000, down by 39.2%. The "winter of despair" was captured by the spike in the VIX index to a reading of 82.69 - its highest level of Factset's (1990), surpassing the 80.86 registered during ...

History is repeating itself: Zenith

ELIZA BAVIN  |  THURSDAY, 25 JUN 2020
... with 37 placements raising a total of $13 billion. Jacob Smart, senior investment analyst at Zenith, said to see a similar spike in the number and size of capital raisings from placements within a single month, you would need to go back to October 2009 ...

Crypto investment opportunities outright scams: ASIC

ALLY SELBY  |  THURSDAY, 25 JUN 2020
... money, and scammers are using age-old tactics in new and sophisticated ways to target people," he said. "We are seeing a spike in reports of scams related to fake crypto-assets (or cryptocurrencies), term deposits, investments and scams that start via ...

Managed accounts demand rises: Zenith

ELIZA BAVIN  |  TUESDAY, 23 JUN 2020
Zenith Investment Partners said demand for its managed accounts services grew amid the uncertainty and volatility in investment markets sparked by the COVID-19 pandemic. Zenith chief executive David Wright said it was not unexpected that advice firms ...

Life insurers fork out more for mental health

HARRISON WORLEY  |  MONDAY, 22 JUN 2020
... an increase in the incidence of claims, it is the length of time Australians are spending on claim which has caused the spike. "Total claims benefits for mental health conditions have more than doubled in the past five years. More people are now focusing ...

Chief economist update: Victoria's Cinderella moment

BENJAMIN ONG  |  MONDAY, 22 JUN 2020
Victoria was primed and pumped for the second stage of looser coronavirus restrictions after the clock strikes midnight on June 22. From 12:01 am, 50 people (increased from 20) would be allowed inside cafes, restaurants, cinemas, theatres, auditoriums ...