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Showing 151 - 160 of 726 results for "Spark"

Global stocks plunge as COVID-19 fear accelerates, oil crashes

ALLY SELBY  |  TUESDAY, 10 MAR 2020
Global markets, already feeling the burn from the spreading COVID-19 virus, have tumbled further, after Saudi Arabia sparked an oil price war which saw oil futures plunge more than 30%. Nearly $140 billion was wiped from the S&P/ASX 200 yesterday, as ...

Boutique dealer groups merge

ELIZABETH MCARTHUR  |  FRIDAY, 6 MAR 2020
Spark Financial Group and Aura Wealth Australia have agreed to merge, in a move impacting 80 financial advisers. Aura executive director Andrew Coloretti told Financial Standard that the merger was driven by a desire from both groups to achieve economies ...

Coronavirus no match for Future Fund

HARRISON WORLEY  |  WEDNESDAY, 4 MAR 2020
Future Fund chief investment officer Raphael Arndt is confident Australia's sovereign wealth fund can handle the impacts of the coronavirus outbreak, thanks to its diversification. Appearing before the Senate Finance and Public Administration Legislation ...

Art, rare coins cause issues for SMSFs

ELIZABETH MCARTHUR  |  THURSDAY, 20 FEB 2020
At the SMSFA Conference a question around rare coins and artworks held in an SMSF sparked serious compliance concerns. Super Sphere director Belinda Aisbett, Elite Super director Katrina Fletcher and ATO director Kellie Grant hosted a discussion panel ...

Argo Investments' profit plunges

ALLY SELBY  |  MONDAY, 3 FEB 2020
Listed investment company Argo Investments' profit has taken a dive, falling 24.4% from the previous period. Yet Argo has maintained its half-year dividend at 16 cents per share fully franked. The company announced a half-year profit of $118.8 million ...

Advisers still unclear on referral rules

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JAN 2020
The Financial Adviser Standards and Ethics Authority Code of Ethics which came into effect from the start of the year has left many unclear on what kind of referrals are allowed. Amid news at the start of the year that Mark Bouris' Yellow Brick Road ...

NGS Super sets up impact committee

KANIKA SOOD  |  FRIDAY, 24 JAN 2020
The $11.7 billion superannuation fund has set up an internal impact committee to explore how it can make a positive impact in its operational spending. NGS Super's impact committee will focus on two key areas: social procurement and sustainability and ...

Aussie stocks burnt in blaze

ALLY SELBY  |  THURSDAY, 23 JAN 2020
... in claims. The report also suggests implications for Orica, Graincorp, Boral, BHP, Whitehaven Coal, Caltex, Viva Energy, Spark Infrastructure, and AusNet Services. It comes just three days after Super Retail Group announced that the bushfires had impacted ...

Chief economist update: Bushfires singe growth, surplus predictions

BENJAMIN ONG  |  WEDNESDAY, 15 JAN 2020
In between coughs on this smokey, hazy summer's day in Melbourne - yes, the bushfires are still raging and I can smell and taste the smoke as I write - two headlines caught my attention this morning. The first one is from Reuters (14 January 2020) ...

FSC, super sector steps up for bushfire affected

HARRISON WORLEY  |  WEDNESDAY, 8 JAN 2020
Major players in the wealth management industry are taking steps to help those affected by the ongoing bushfires, with the crisis also sparking debate over whether early access to superannuation savings should be made available. This week the Financial ...