Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1621 - 1630 of 5916 results for "March 2014"

Plenty still want in on ETPs: Research

ELIZABETH MCARTHUR  |  THURSDAY, 9 APR 2020
Despite the market volatility wrought by COVID-19, money flowed into exchange traded products in March. The ASX's latest ETP data shows that even as the market was losing money, cash was flowing in. Rainmaker analysis shows the Australian ETP market ...

Wall Street surges as Sanders drops out, Wuhan reopens

ALLY SELBY  |  THURSDAY, 9 APR 2020
News that Wuhan, the epicentre of the COVID-19 pandemic, has now opened for business saw Wall Street surge overnight, with the S&P 500 once again entering bull market territory. From its March 23 lows, the S&P 500 has surged 23%, signifying the end ...

Chief economist update: Credit ratings downgrades versus fiscal salvation

BENJAMIN ONG  |  THURSDAY, 9 APR 2020
The Bank of Japan (BOJ) acted quickly in response to the coronavirus outbreak. In an emergency meeting on March 16, the Japanese central bank announced it would buy ETFs at an annual pace of ¥12 trillion, double its J-REIT purchases to ¥180 billion ...

Wall Street rally runs out of steam

ALLY SELBY  |  WEDNESDAY, 8 APR 2020
Wall Street's rally seems to have run out of steam, with the major indexes ending the day of trade in a sea of red. Early in trade the Dow Jones surged 900-points before closing down 0.12%. Similarly, the S&P 500 lost 0.16% and the Nasdaq Composite ...

Taxman simplifies work from home deductions

KANIKA SOOD  |  WEDNESDAY, 8 APR 2020
Australians working from home during the COVID-19 shutdown will now be able to claim 80 cents per hour for the rest of this financial year, after changes made by the Australian Taxation Office. The new shortcut method allows workers to claim 80 cents ...

Centrepoint executives depart, pay cuts implemented

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2020
Centrepoint Alliance has announced two of its executives will depart as the rest of the leadership prepare for 20% pay cuts. Centrepoint Alliance's acting chief financial officer Peter Loosmore has left the company, effective yesterday. Centrepoint ...

ASIC winds up three financial services companies

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2020
ASIC has announced it recently obtained wind up orders for three financial services companies, including two financial advice businesses. The Federal Court of Australia in Melbourne handed down the orders to wind up Australasia Wealth Services and Management ...

Chief economist update: COVID-infected Aussie stats trickle in

BENJAMIN ONG  |  WEDNESDAY, 8 APR 2020
... government had been spending... big time - $17.6 billion on 12 March; $66.1 billion on 22 March; and, $130 billion on 30 March - so far. So much so that RBA governor Philip Lowe is confident that "The coordinated monetary and fiscal response, together ...

NFP super fund performance revealed

JAMIE WILLIAMSON  |  TUESDAY, 7 APR 2020
While the ASX fell close to 30% in March, Rainmaker analysis shows the investments returns for 15 of Australia's leading not-for-profit superannuation funds weren't nearly as bad. Latest analysis from Rainmaker shows the average investment return for ...

Wholesale property fund revises down valuations

KANIKA SOOD  |  TUESDAY, 7 APR 2020
This morning, GPT Group told investors in two wholesale funds of downward revisions to the book value, citing combination of drop of rental income and retail valuations post COVID-19. The GPT Wholesale Shopping Centre Fund recorded an 11% decline in ...