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Showing 1781 - 1790 of 7104 results for "June 2023"

No returns in sight for AAP investors

ALLY SELBY  |  TUESDAY, 21 JUL 2020
The consortium that saved Australian Associated Press' newswire will get no return on their investment, with contributors donating anywhere between $3000 and $1 million at the close of the financial year. Led by impact investor Nick Harrington and philanthropist ...

JobKeeper, JobSeeker to be extended

ELIZA BAVIN  |  TUESDAY, 21 JUL 2020
Businesses and individuals will continue to receive additional government support beyond September, with Prime Minister Scott Morrison announcing an extension to the stimulus support package. JobKeeper is set to be extended until March 2021 and has ...

Aussie equities stage recovery

ELIZA BAVIN  |  TUESDAY, 21 JUL 2020
Australian equities staged a recovery from its first quarter slump as a result of the COVID-19 pandemic, according to the latest research from Rainmaker. In its most recent Vantage Point report, Rainmaker data shows Australian equities rebounded to ...

Government expands SME Guarantee Scheme

ANNABELLE DICKSON  |  MONDAY, 20 JUL 2020
Small and medium sized businesses (SMEs) struggling as a result of the pandemic are set to get up to $40 billion of relief after the government announced it is expanding the SME Guarantee Scheme ahead of its economic update on Thursday. The initial ...

Iress wins mandate

KANIKA SOOD  |  MONDAY, 20 JUL 2020
A Sydney boutique has picked Iress's portfolio system for its high-conviction Australian equities funds. Quest Asset Partners has been using Iress's trading and market data software since the firm's inception in 2004. It will now also use Iress's portfolio ...

Specialist platforms prosper in June quarter

ALLY SELBY  |  MONDAY, 20 JUL 2020
HUB24 has reported record annual inflows of $4.95 billion for the 2020 financial year, which it says has been driven by clients ditching "incumbent platforms" for the specialist provider. Its funds under administration lifted 24% for the FY20 to hit ...

ASIC appeal upheld

ALLY SELBY  |  MONDAY, 20 JUL 2020
An appeal by the corporate watchdog has been upheld after the Federal Court set aside a decision made by the Administrative Appeals Tribunal to not ban a Western Australian-based financial adviser. Robert Hutchison was permanently banned from providing ...

Chief economist update: China recovery would have been good for Oz

BENJAMIN ONG  |  MONDAY, 20 JUL 2020
"Sweet days of summer, the jasmine's in bloom July is dressed up and playing her tune... Summer breeze, makes me feel fine, blowing through the jasmine in my mind" -Summer Breeze, Seals and Crofts It was expected. China was first in. It was the ...

Perpetual top brass cop six-month pay cuts

KANIKA SOOD  |  FRIDAY, 17 JUL 2020
Perpetual chief executive Rob Adams and chair Tony D'Aloisio are taking a 20% cut on their base salaries for six months from July 1, as the company also shrinks variable remuneration company-wide in response to COVID-19. The rest of the group executive ...

Stimulus stutters amid record unemployment

ELIZABETH MCARTHUR  |  FRIDAY, 17 JUL 2020
The government's announcement of the new JobTrainer package was met with calls to extend the existing JobSeeker and JobKeeper measures as devastating unemployment numbers were released. Unemployment has now hit 7.4%, the highest it has been in two decades ...