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Showing 221 - 230 of 752 results for "Relief"

Banks ordered to reduce dividend payout ratios

KANIKA SOOD  |  WEDNESDAY, 29 JUL 2020
... latets guidance was an improvement but banks need to resume paying dividends. "APRA's latest guidance is somewhat of a relief for retirees who rely on bank dividends to make ends meet," Hamson said. "However, it must be remembered that a 50% payout ratio ...

ASIC terminates illegal investment scheme

ALLY SELBY  |  WEDNESDAY, 29 JUL 2020
... savings of vulnerable people," Derrington said. "It is difficult to image a clearer case for the granting of injunctive relief. That being so, injunctions should be granted to ensure that no further people suffer at the hands of the defendants as the ...

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 ...

Former investment adviser charged with $85m fraud

ELIZA BAVIN  |  MONDAY, 20 JUL 2020
... complaint charges Hu with violating the antifraud provisions of the federal securities laws and seeks permanent injunctive relief, disgorgement, and civil penalties. In a parallel action, the US Attorney's Office for the Southern District of New ...

FASEA brings back remote tests

ELIZABETH MCARTHUR  |  FRIDAY, 10 JUL 2020
... Continuing Professional Development Standard) Determination (Amendment) 2020 for consultation. The amendment will provide relief for financial advisers in terms of the continuing professional development (CPD) they are required to do under the FASEA ...

Capital raising relief measures extended

ALLY SELBY  |  FRIDAY, 10 JUL 2020
... deadline." As of the end of June, almost 60 listed entities had already taken advantage of the ASX's temporary emergency capital relief measures, raising approximately $11 billion. Since the measures were introduced on March 31, more than a dozen entities ...

Chief economist update: We're all Victorians now

BENJAMIN ONG  |  FRIDAY, 10 JUL 2020
... million support package - "including cash grants for struggling businesses, mental health support for business owners and relief for tourism operators who can no longer work on Melbourne-based visitors for holidays" (news.com.au). The Australian Federal ...

Banks throw Australians a second lifeline

ALLY SELBY  |  THURSDAY, 9 JUL 2020
... in the year, the prudential regulator lifted reporting requirements for deposit taking institutions providing repayment relief to impacted Australians, allowing them to not treat the arrears as such for capital adequacy and regulatory purposes. The prudential ...

REIT revises up portfolio value

KANIKA SOOD  |  MONDAY, 6 JUL 2020
... value to strong leasing outcomes and strength in the industrial market. "Where relevant, valuers incorporated ongoing rent relief claims related to the National Code of Conduct on Commercial Leases. These valuations remain subject to finalization and ...

COVID-19 stimulus continues

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
... clarified the stimulus measures the government will use to assist Australians in the recovery from the COVID-19 pandemic. Tax relief for low and middle income earners came into effect from 1 July 2020, the offset should see people in this bracket benefit ...