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

Search Results

Showing 151 - 160 of 468 results for "Tier"

CBA progresses with divestment to AIA

ANNABELLE DICKSON  |  WEDNESDAY, 30 SEP 2020
... $450 million for the sale of CommInsure Life with the proceeds resulting in a pro forma increase to the bank's Common Equity Tier 1 ratio of eight basis points at June 30. The payment follows a $500 million upfront payment in November 2019 and is part ...

Contango approves new WCM strategy

ALLY SELBY  |  MONDAY, 21 SEP 2020
... and Lanyon Asset Management, both lobbied for an alternative management proposal. CIE said the appointment of WCM, a "top tier manager with an outstanding long-term investment track record", was a positive outcome for the company. The new strategy, the ...

JobKeeper extension passed

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
The government's JobKeeper extension has been passed through parliament, prolonging the payments through till March 2021 and tapering the amount from December 2020. A new split system will replace the flat $1500 fortnightly payment with those who work ...

Hearts and Minds donates almost $10m to charity

ALLY SELBY  |  TUESDAY, 1 SEP 2020
... is up over 100%, we participated in Spotify, which is up over 75%, while Zillow Group, Microsoft, and our holdings in next tier tech companies have also performed well," he told Financial Standard. The listed investment company's largest holding (as ...

Industry veterans launch dealer group

ALLY SELBY  |  MONDAY, 17 AUG 2020
... cheapest then we're probably missing something," El Shammaa said. The newly launched Finchley & Kent is shooting to become a mid-tier dealer group, representing 50 to 100 advisers. "If a dealer group gets too big it becomes a numerical exercise like ...

CBA profit takes hit, dividend cut

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
... earlier by the bank. Deposit funding was up from 69% to 74% due to continued growth in deposit volumes and the Common Equity Tier 1 (CET1) capital ratio was up 90 basis points to 11.6%. Comyn said the bank is focused on helping its customers and the ...

New chief risk officer at Maple-Brown Abbott

ELIZABETH MCARTHUR  |  MONDAY, 3 AUG 2020
... said. "Both Wendy and Lata are exceptional candidates for these roles, with diverse, global experience with a variety of top-tier firms, and exemplify the cultural attributes we seek out. These appointments will add further momentum to our strategy to ...

JobKeeper, JobSeeker to be extended

ELIZA BAVIN  |  TUESDAY, 21 JUL 2020
... to be extended until March 2021 and has been reduced to $1200 per fortnight, down from $1500, and restructured into a two-tier system. The JobSeeker program will also be extended at a lower rate and until December, when it will be revised again. However ...

IFM pledges to kickstart COVID-19 recovery

ELIZABETH MCARTHUR  |  FRIDAY, 17 JUL 2020
... the plan major projects will be broken up into smaller packages, enabling them to be shovel-ready faster and allowing mid-tier contractors to compete in bidding processes, which IFM claims will stimulate job creation and the construction sector. More ...

US surpasses Asia Pacific for HNWI growth

ELIZABETH MCARTHUR  |  FRIDAY, 10 JUL 2020
... by 9.1% and their wealth grew by 8.2%. There are approximately 183,000 ultra-HNWI in the world. There are 1.75 million mid-tier millionaires with between US$5 million and US$30 million in investable assets in the world and 17.6 million "millionaires ...