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Showing 2281 - 2290 of 6884 results for "Act2"

ASX ups capital raise capacity

ELIZA BAVIN  |  FRIDAY, 24 APR 2020
The Australian Securities Exchange announced changes to the temporary lift in placement capacity from 15% to 25% and increased transparency rules. The ASX said the measures are conditional on entities either doing a follow-on accelerated pro rata entitlement ...

Chief economist update: Turns out Brexit was heaven

BENJAMIN ONG  |  FRIDAY, 24 APR 2020
Bad timing it may be but, it is what it is. The coronavirus pandemic struck just when the dark clouds of Brexit uncertainty lifted over the United Kingdom. For the best part of three years, Brexit was on every Brits mind - dampening business investment ...

The next big short

ALLY SELBY  |  THURSDAY, 23 APR 2020
Late last year, before extreme weather events battered the world, before COVID-19, The Big Short 's Michael Burry said he had found the next bubble: passive investments. Now, with asset prices trembling in the face of the pandemic, could there still ...

Few redundancies but pay cuts abound: Recruiter

ELIZABETH MCARTHUR  |  THURSDAY, 23 APR 2020
The financial services industry in Australia is one of the lucky ones right now with businesses still operational but while firms seem keen to hang on to their people, pay cuts are commonplace. April insights from financial services recruiter Profusion ...

500 advisers exit during COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 23 APR 2020
Rainmaker analysis of the ASIC Financial Adviser Register shows that just shy of 500 financial advisers have left the industry in the last two months. From 27 February 2020 to 23 April 2020 the ASIC FAR dropped from 23,226 advisers (excluding time share ...

Chief economist update: Thank goodness for Sorbent

BENJAMIN ONG  |  THURSDAY, 23 APR 2020
They were loathed, yelled at, vilified and even arrested - but the hordes of panic-buyers and toilet paper hoarders that invaded supermarkets, hardware stores, bottle shops, and businesses selling "work from home" wares may have collectively limited ...

Market pain to continue: State Street

ALLY SELBY  |  WEDNESDAY, 22 APR 2020
With volatility still high, economic activity uncertain and investor sentiment low, a collapse in earnings could trigger another fall in risk assets. According to State Street Global Advisors senior investment strategist Raf Choudhury, this uncertainty ...

Millions jobless within weeks: Grattan

HARRISON WORLEY  |  MONDAY, 20 APR 2020
New Grattan Institute analysis estimates up to 3.4 million Australians could soon be out of work. The think-tank's latest analysis of the impact of the COVID-19 pandemic predicts that between 14 and 26% of Australian workers could be out of a job within ...

The great fall of China

BENJAMIN ONG  |  MONDAY, 20 APR 2020
Back in pre-coronavirus days, the thought that the Chinese economy would slow below the government's target of around 6.0% was enough to send chills down the spine of many investors and businesses. If memory serves me right, there were even forecasts ...

Super funds need to act like banks: PM

ELIZA BAVIN  |  FRIDAY, 17 APR 2020
The Prime Minister has called on industry super funds to invest in failing businesses, like Virgin Australia, to help sustain them during the COVID-19 crisis. Speaking on the ABC, Prime Minister Scott Morrison said industry super funds should be doing ...