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Showing 2321 - 2330 of 6884 results for "Act2"

Lonsec recommends PCFM fund

HARRISON WORLEY  |  THURSDAY, 2 APR 2020
Lonsec has upgraded its rating of a flagship Premium China Funds Management offering, recognising the firm's heritage in Chinese equities. The firm's Premium Asia Fund has been handed a recommended rating by the research house, who said it took a "positive ...

Shortseller ordered to pay $900,000 by court

KANIKA SOOD  |  THURSDAY, 2 APR 2020
The New South Wales supreme court has ordered Bonitas Research and its principal Matthew Wiechert to pay about $900,000 in damages and costs to ASX-listed Rural Funds Management. Texas-based Bonitas, last August, published a report alleging RFF was ...

How PYS changes caused 34% premium hikes

ELIZABETH MCARTHUR  |  THURSDAY, 2 APR 2020
Significant hikes in group insurance premiums have been put down to the Protecting Your Super reforms - with members of four superannuation funds facing premium increases of 34%. Members of Crescent Wealth Super, Members of Defence Bank, Bankfirst and ...

Opportunities and threats amid COVID-19 crisis

ALLY SELBY  |  THURSDAY, 2 APR 2020
The spread of COVID-19 has seen a dramatic turn in the global economy; where earlier this year growth was almost tangibly real, now a downward trajectory towards deep recession seems much more likely. But one asset manager believes there is both opportunity ...

Extended lockdown could spur worst recession on record: Grattan

ALLY SELBY  |  WEDNESDAY, 1 APR 2020
A six-month lockdown could spur Australia's worst recession since the Second World War, if not the Great Depression, according to the Grattan Institute's Brendan Coates. In an op-ed for The Conversation, the Institute's household finances program director ...

Chief economist update: Great Scott! Mighty Mo to the rescue

BENJAMIN ONG  |  TUESDAY, 31 MAR 2020
I would have described him as 'super', but I've already used that moniker in reference to former European Central Bank (ECB) president Marion Draghi when he did "whatever it took" to save the splintering of the single currency region from ...

Challenger shuffles life portfolio asset allocations

KANIKA SOOD  |  MONDAY, 30 MAR 2020
Challenger Life has tilted its investment portfolio away from equities and sub-investment grade fixed income and towards more liquid assets, as COVID-19 sparks volatility in most asset classes. Challenger Life has slashed equity holdings from 13% of ...

COVID-19 spurs greater scrutiny of foreign investment

KANIKA SOOD  |  MONDAY, 30 MAR 2020
Federal Treasurer Josh Frydenberg has announced that all proposed foreign investment into Australia will be subject to regulatory approval to protect national interests during the COVID-19 crisis. The temporary measures, which came into effect on Sunday ...

Early access nightmare for administrators

ELIZABETH MCARTHUR  |  MONDAY, 30 MAR 2020
The government's plan to allow early access to super for those who have lost jobs and livelihoods as a result of COVID-19 is an enormous hurdle with a strict deadline - one that administrators admit they might struggle to meet. While early access ...

Chief economist update: A whole new world

BENJAMIN ONG  |  MONDAY, 30 MAR 2020
Daily reports of the rising number infections and fatalities from COVID-19 are matched only by tightening restrictions on social interaction and the ever-increasing amount of money released from government and central bank coffers. How wide and far-ranging ...