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Showing 181 - 190 of 1087 results for "BEAR"

Aussie banks set to underperform

ALLY SELBY  |  THURSDAY, 16 JUL 2020
Australia's financial services sector, particularly the big four banks, are set to underperform over the coming months, with mounting business and home loan deferrals to blame. That's according to T. Rowe Price head of Australian equities Randal ...

Experts battle for GST reform

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... reducing our reliance on more harmful taxes, while re-directing a portion of revenue to lower income households so they do not bear the burden of reform". It recommended state treasuries develop projections of national GST revenues, helping to unearth ...

Land tax, not stamp duty: Report

JAMIE WILLIAMSON  |  FRIDAY, 3 JUL 2020
... nation's reliance on more harmful taxes, while re-directing a portion of revenue to lower income households so they do not bear the burden of reform. This would include scaling back inefficient taxes' including stamp duty on property transactions. According ...

Chief economist update: A tale of two quarters

BENJAMIN ONG  |  FRIDAY, 3 JUL 2020
... commercial activity in response to the coronavirus pandemic sent the US equity market's benchmark indices down sharply into a bear market in the first three months of this year: the S&P 500 down by 29.7%; the DJIA down by 31.4%; the Nasdaq down by ...

Bank hires new wealth chief

ELIZA BAVIN  |  WEDNESDAY, 1 JUL 2020
... remains core to the group," Johnston said. "The changes provide further clarity around accountability, consistent with the BEAR regulatory requirements and will see the bank up for improved performance." Van Horen will commence in the role effective ...

History is repeating itself: Zenith

ELIZA BAVIN  |  THURSDAY, 25 JUN 2020
... Financial Crisis (GFC), COVID-19 has proven to be the GFC in fast-forward. It said during this period we have seen the fastest bear market in Australian equity history. As experienced during the GFC, the deterioration of the economy resulted in companies ...

APRA hands reins to ASIC in AUSTRAC case

ALLY SELBY  |  THURSDAY, 18 JUN 2020
... to investigate any matters that contravene accountability obligations under the Banking Executive Accountability Regime (BEAR) and standards of fitness and propriety under the Banking Act to ASIC. In November last year, AUSTRAC exposed 23 million money ...

ISA plays devil's advocate on SG

HARRISON WORLEY  |  MONDAY, 15 JUN 2020
Industry Super Australia's internal analysis has explored the other side of the superannuation guarantee debate, finding the costs of an increase in mandated savings may be shared between both employers and workers. A piece of internal analysis ...

Chief economist update: The second wave

BENJAMIN ONG  |  FRIDAY, 12 JUN 2020
Wall Street is down! Repeat, Wall Street is down! At the close of last night's trading activity all US benchmark equity indices closed sharply lower: Dow (6.9%), S&P 500 (5. 9%), Nasdaq (5.3%), Russell 2000 (7.6%). Financial market wire and web ...

Dealer groups slam FPA policy

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
... overcome historic shortfalls brought to light by the Hayne Royal Commission and in light of the leading work that AFSLs bring to bear in areas of education, risk mitigation, compliance, consumer best interest measures and commercial support to advisers ...