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Showing 281 - 290 of 1134 results for "Gross"

Westpac flags $2.2bn impairment

JAMIE WILLIAMSON  |  TUESDAY, 28 APR 2020
... decrease. The CET1 capital ratio as at March 31 is expected to be 10.8%. This impairment equates to about 62 basis points of gross loans (annualised). This compares to 13 basis points in 2H19 and nine basis points in 1H19. It's largely due to significant ...

Billionaires club rakes in cash amid COVID-19 crisis

ALLY SELBY  |  FRIDAY, 24 APR 2020
... increased by an estimated $39.3 billion (US$25 billion) as of April 15. "This unprecedented wealth surge is larger than the Gross Domestic Product of Honduras, US$23.9 billion in 2018," the Institute for Policy Studies said. Similarly, Tesla chief executive ...

Credit value exists in emerging markets

ALLY SELBY  |  WEDNESDAY, 22 APR 2020
... would rely on external, local and multilateral sources for relief programs, it said. "At the beginning of 2020, we expected gross EM hard currency sovereign issuance to be approximately $150 billion, much of which would go to refinance existing borrowings," ...

HUB24 net inflows up 72%

ALLY SELBY  |  WEDNESDAY, 22 APR 2020
... global markets crashing in March, HUB24 continued to experience strong net inflows in the quarter of $1.4 billion, with gross inflows of $1.8 billion. The specialist platform said these inflows had been driven by support from its large national licensee ...

AMP Capital wholesale property fund rejigs withdrawals

KANIKA SOOD  |  TUESDAY, 14 APR 2020
... of acquisitions in 2020), has deferred the planned construction of an industrial asset and has trimmed AREITs to 4.7% of gross assets from 9% previously. Asset valuations will move from quarterly to monthly unless the property is being marketed for sale ...

Big four urged to pay up dividends

ALLY SELBY  |  TUESDAY, 14 APR 2020
... into a deep recession in the June quarter of 2020," he said. The investment manager said the big four banks paid 30% of gross dividends of the entire S&P/ASX 200 index last year.

BGH Capital, Canadian pension fund shelve NZ acquisition

KANIKA SOOD  |  WEDNESDAY, 1 APR 2020
... The Board will update shareholders when it has further clarity." Abano reported half year (to November end) financials as gross revenue of $175.8 million, EBITDA of $23.9 million and NPAT of $0.1 million from an underlying NPAT of $5.5 million. BGH Capital ...

Former AMP adviser sentenced

ELIZABETH MCARTHUR  |  FRIDAY, 27 MAR 2020
A former authorised representative of Charter Financial Planning has been charged over what the judge described as a betrayal of his clients. Trevor Martin from Kiama on the NSW south coast was hit with 750 hours of supervised community service as part ...

Avoid listed wealth giants: UBS

HARRISON WORLEY  |  WEDNESDAY, 25 MAR 2020
... recent weeks," UBS said. "This has three broad implications for supermarket earnings. Stronger top-line sales, stronger gross margins and higher costs. "We prefer Woolworths given management quality, lower relative valuation compared to the GFC period ...

Panic selling to do more damage: Ord Minnett

ELIZA BAVIN  |  MONDAY, 16 MAR 2020
... Ord said. "The spreads on hybrids have blown out more than 330bps since their recent tights February 21, with the average gross trading margin sitting at 6.0% (2.65% in February)." Some of the recent market moves are part of a repricing event, not a ...