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Showing 1601 - 1610 of 6021 results for "Credit"

NAB to pay $15m for Royal Commission case study

ELIZABETH MCARTHUR  |  MONDAY, 19 OCT 2020
... introducers, as revealed at the Royal Commission. ASIC brought proceedings against NAB for contravening the National Consumer Credit Protection Act, which prohibits credit licensees from conducting business with persons engaging in credit activity without ...

UBS, Insight IM win Future Fund mandates

KARREN VERGARA  |  MONDAY, 19 OCT 2020
UBS and Insight Investment Management won significant mandates last financial year, helping manage the equities portfolio for the $161 billion Future Fund. According to the sovereign wealth fund's FY20 annual report, UBS won an Aussie equities ...

Willis Towers Watson director departs for LIC

ALLY SELBY  |  TUESDAY, 13 OCT 2020
... than eight years, most recently as a director of investment research covering real estate equity, infrastructure, illiquid credit, as well as global responsibility for real asset debt research. Prior to his tenure with Willis Towers Watson, Kelly worked ...

Several black holes in budget

KARREN VERGARA  |  WEDNESDAY, 7 OCT 2020
... working lives and facing particular challenges as a result of this pandemic. Rest said measures like the JobMaker Hiring Credit and JobTrainer are critical to support the long-term financial security for young people and would welcome an extension of ...

Super reforms modest negative for AMP, IOOF: Credit Suisse

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
... from receiving new members and listed as underperformers on a new YourSuper portal until they pick up their performance. Credit Suisse said 20% of AMP's funds under administration are from corporate super, while IOOF (post ANZ Wealth and MLC acquisitions) ...

Frydenberg focusses on jobs, jobs, jobs

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... already announced JobMaker program is estimated to cost $4 billion and create 450,000 jobs for young people. It is a hiring credit to employers of $200 a week for each eligible employee hired between ages 16 and 29 and $100 a week for every worker between ...

Funding for housing to decrease

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... housing. The reforms complement the government's announced changes to Australia's lending laws, which will support the flow of credit to housing, reducing the time and cost associated with accessing credit for consumers. The government acknowledged housing ...

Government declares record deficit, super reforms

JAMIE WILLIAMSON  |  TUESDAY, 6 OCT 2020
... or after the 2018-19 financial year. This is in addition to the previously announced JobMaker program, offering a hiring credit payable to 16-35 year olds for up to 12 months. The credit will be paid at a rate of $200 per week for those under 30 and ...

Will Janus Henderson and Invesco merge?

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
... merger between Janus Henderson and Invesco could deliver cost synergies of 5-10% of the merged cost base, according to Credit Suisse. Janus Henderson would account for 20% of the AUM but about 35% of the profit (as it has higher revenue margins) and ...

Vision Super appoints deputy chief executive

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... other options are top quartile. "Michael would tell you that those returns are mainly the result of good luck, but the credit is his - he's largely responsible for the foresight, careful planning and strategic thinking behind every investment decision." ...