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Showing 2481 - 2490 of 8591 results for "SIM"

Chief economist update: COVID-19 cuts capex

BENJAMIN ONG  |  MONDAY, 31 AUG 2020
Australian private new capital expenditure (capex) usually commands attention before and during its release for it provides an indication of domestic firms' optimism towards future growth as well as, itself, being a driving component of that growth. ...

IOOF buys MLC Wealth for $1.4bn

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
Wealth manager IOOF has launched a $1 billion capital raising to help fund the acquisition of MLC Wealth in a deal worth $1.4 billion. The agreement follows the announcement by NAB in 2018 to exit the business, saying the decision is in line with its ...

Liberal senator slams super

ELIZA BAVIN  |  FRIDAY, 28 AUG 2020
A Liberal senator launched an attack against the superannuation industry, accusing the federal opposition of being communists and bowing to industry funds. A war of words broke out in the upper house yesterday when Liberals, who have been working for ...

Shareholders approve Aon, WTW merger

JAMIE WILLIAMSON  |  THURSDAY, 27 AUG 2020
Despite ongoing objection elsewhere, shareholders have approved the merger of Aon and Willis Towers Watson. Shareholders in Aon and Willis Towers Watson voted for all proposals necessary to see the merger through at their respective extraordinary general ...

Household debt a major risk: RBA

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
The long-run rise in household indebtedness has increased concerns about the risks this poses globally to banking sectors and economies more broadly, according to the Reserve Bank of Australia. In a new paper titled How Risky is Australian Household ...

Gonski departs ANZ

ELIZABETH MCARTHUR  |  THURSDAY, 27 AUG 2020
David Gonski has stepped down as the chair of ANZ, with Paul O'Sullivan to succeed him. Gonski is retiring from the board after serving as chair for six and a half years. "It has been an honour to work with my fellow directors and the management team ...

Another AMP worker recounts campaign of harassment

ELIZABETH MCARTHUR  |  WEDNESDAY, 26 AUG 2020
A new whistleblower has come forward, recounting what amounts to a campaign of harassment and a derailing of her career at AMP, leading several other former employees to do the same. The account from the whistleblower was read to the Senate by Senator ...

Chief economist update: Communists' party

BENJAMIN ONG  |  WEDNESDAY, 26 AUG 2020
"There's a party goin' on right here A celebration to last throughout the years So bring your good times and your laughter too We gonna celebrate your party with you..." - Kool & the Gang The post-pandemic pool party at Wuhan Maya Beach Water ...

Melbourne boutique wins Crestone allocation

KANIKA SOOD  |  TUESDAY, 25 AUG 2020
Crestone Wealth Management has allocated to a Melbourne boutique's real assets fund that targets 7-11% per year in returns while aiming for a measurable social impact. The HNW advice firm will use Conscious Investment Management's impact fund, which ...

Impact investing in healthcare: American Century

ANNABELLE DICKSON  |  TUESDAY, 25 AUG 2020
As the demand for environmental, social and governance (ESG) investment products grows in Australia, American Century Investments offers a fresh approach focused on innovation in the healthcare sector. The Health Care Impact Equity strategy enables ...