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Showing 1911 - 1920 of 7108 results for "December"

Former Toys "R" Us executives face fraud charges

ALLY SELBY  |  MONDAY, 16 MAR 2020
... that the company would be able to pay for goods shipped on credit throughout the bankruptcy process. Instead "by mid-December 2017, company directors and officers learned that the company could not meet financial milestones required by the lenders, which ...

Chief economist update: Budget surplus or bust

BENJAMIN ONG  |  THURSDAY, 12 MAR 2020
... in late January. Bye bye surplus. The government's Mid-year Economic and Financial Outlook (MYEFO) handed down in December 2019, estimated an underlying cash SURPLUS of A$5.0 billion in FY2019-20. Take away least A$19 billion (A$17b plus A$2b) in ...

Chief economist update: The cure for Italy's tourism problem

BENJAMIN ONG  |  WEDNESDAY, 11 MAR 2020
... to 3% of GDP. Italy's already in breach of 60% debt to GDP ratio limit with its ratio clocked at 135% of GDP as at December 2019. That was the time in late-2018 to early-2019 when 10-year Italian bond yields soared to as high as 3.65% - compared ...

Latest data reveals super admin problem

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
... received about the superannuation sector, 49.7% of those were to do with account administration for the six months to 31 December 2019. Group life insurance was the second largest issue, making up 37.6% of complaints, followed by death benefits distribution ...

BT's transition not so super

KANIKA SOOD  |  MONDAY, 9 MAR 2020
... complaints stemming from the transition. AFCA's next lot of statistics is out tomorrow and covers the six months to December, 2019. ASIC, whom one source said they had complained to, said it could not comment on any complaints that may [or may not] ...

Chief economist update: Coronaphobia sickens Japan

BENJAMIN ONG  |  MONDAY, 9 MAR 2020
... markets, Japan is fast becoming a special (basket) case. Japan's economy contracted at an annualised rate of 7.1% in the December 2019 quarter following a mere 0.5% uptick in the previous quarter, as private consumption declined by 2.9% over the ...

HUB24 appoints interim chief financial officer

ALLY SELBY  |  THURSDAY, 5 MAR 2020
... appointed a new interim chief financial officer and joint company secretary following the incumbent's resignation in December last year. Debbie Last has nabbed the role, effective today, and brings with her 25 years of experience in governance, risk ...

Chief economist update: Australia's gentle turning point to turn

BENJAMIN ONG  |  THURSDAY, 5 MAR 2020
... proved the truth in Lowe's statement. The domestic economy expanded by a better-than-expected 2.2% in the year to the December 2019, up from 1.8% in the previous quarter and after five consecutive quarters of deceleration that took annual GDP growth ...

Northern Trust climbs custody league tables

HARRISON WORLEY  |  WEDNESDAY, 4 MAR 2020
... Northern Trust recorded a 28.4% increase in total assets under custody for Australian investors in the six months ending 31 December 2019, securing third spot overall. The sector saw the value of assets under custody increase across both Australian and ...

Madison advisers loyal amid sale

KANIKA SOOD  |  WEDNESDAY, 4 MAR 2020
... numbers show Madison's advisers have stuck it out with the firm during the ordeal. It had 101 active advisers at December end, before Sargon Capital's Chinese lender forced it into administration after a default on making interests payments on ...