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Showing 2941 - 2950 of 10713 results for "May 19"

Let's not waste the crisis

ALLY SELBY  |  THURSDAY, 28 MAY 2020
As the nation's states and territories gradually reopen, business leaders have been called upon to harness the learnings of the crisis as we move into the next stage of recovery. Flexible working, reduced business travel, worker's rights, board ...

SMSFs to weather the storm

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
While hundreds of thousands of Australians remove tens of millions from their superannuation accounts, SMSFs are holding their own. The most recent superannuation statistics released by APRA show there was a decrease of 7.7% in total superannuation ...

Is the worst yet to come?

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
With the chances of a second wave of infections breaking out both internationally and domestically, consideration is being put on whether what we have seen is just the beginning. Simon Doyle, head of fided income and multi asset at Schroders, said from ...

APRA quashes super liquidity concerns

HARRISON WORLEY  |  THURSDAY, 28 MAY 2020
APRA has put to bed any rumour that superannuation funds are at risk of facing liquidity issues as a result of the government's decision to allow Australians early access to their superannuation. Appearing alongside ASIC before the Senate Select Committee ...

APRA pushes for super fund consolidation

JAMIE WILLIAMSON  |  THURSDAY, 28 MAY 2020
APRA has urged all superannuation funds to be more proactive in considering their options, saying that while COVID-19 will pass, its impact will be felt for far longer and funds will soon run out of excuses. Over the past seven years, the number of ...

Grow Super co-founder in alleged betting scandal

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAY 2020
The co-founder of Grow Super, a fund marketed to millennials, has resigned, allegedly as a result of his involvement in an NRL betting scandal. Grow Super co-founder and chief executive Joshua Wilson has stepped down from his role due to the alleged ...

Sydney boutique shutters fund

KANIKA SOOD  |  THURSDAY, 28 MAY 2020
A Sydney boutique under Grant Samuel Funds Management's banner has closed its $28 million fund that invested in VIX and S&P 500 options. Triple3 Volatility Advantage, run by former Goldman Sachs, Merrill Lynch and JP Morgan Singapore options trader ...

IOOF to provide fee relief to adviser network

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
IOOF has announced a new initiative that will see its network of financial advisers offer free financial guidance to local communities until the end of September. IOOF said it is providing fee relief to its advisers to volunteer 60 hours of their time ...

Time to buy residential property: Survey

ALLY SELBY  |  THURSDAY, 28 MAY 2020
Despite the coronavirus pandemic shutting down home inspections across the country and seeing many Australians' wallets run dry, more than 70% of property investors believe now is a good time to buy. That's according to new research coming out of the ...

Chief economist update: Eurozone contraction heads from mild to severe

BENJAMIN ONG  |  THURSDAY, 28 MAY 2020
... recent improvement in the IHS Markit Eurozone PMI surveys -- composite PMI increased to a preliminary reading of 30.5 in May (from a record low of 13.6 in the previous month); manufacturing PMI rose to 39.5 in May (from 33.4 in April); services s PMI ...