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Showing 3041 - 3050 of 10705 results for "May 2012"

Opportunities abound in COVID-19 environment

ALLY SELBY  |  WEDNESDAY, 6 MAY 2020
The uncertainty and volatility that COVID-19 has endowed on markets has opened up opportunities not seen in decades, according to a $9.5 billion Aussie investment manager. However, in order to take advantage of these opportunities investors must be ...

ASIC issues stark warning to retail investors

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 MAY 2020
ASIC has issued a strongly worded warning to those trying to profit from the COVID-19 induced market volatility who are not investment professionals. The regulator released a 14 page paper on how investors are trading in securities and contracts for ...

Super switching three times higher: CFS

ELIZA BAVIN  |  WEDNESDAY, 6 MAY 2020
New data from Colonial First State (CFS) found switches by super members were three times the usual rate in March as Australians moved their super to cash in the midst of the COVID-19 pandemic. The data found 39% of those that switched their super moved ...

Capital retention policies may hit investors: Research

HARRISON WORLEY  |  WEDNESDAY, 6 MAY 2020
New research warns moves by regulators to ensure companies keep a tight rein on capital will likely leave investors worse off. A research paper by First Sentier Investors' systematic equities manager Realindex shows investors - particularly those invested ...

Chief economist update: The outlook for Australia, according to COVID-19

BENJAMIN ONG  |  WEDNESDAY, 6 MAY 2020
"A stronger economic recovery is possible if there is further substantial progress in containing the coronavirus in the near term and there is a faster return to normal economic activity. On the other hand, if the lifting of restrictions is delayed ...

New course helps advisers recognise financial abuse

JULIA NEWBOULD  |  TUESDAY, 5 MAY 2020
Financial advisers will soon have access to a tool which will make it easier to recognise some of the tell-tale signs of financial abuse, which may be affecting their clients. The Financial Abuse Specialist certification course is a program designed ...

Super fund delays successor fund transfer

KANIKA SOOD  |  TUESDAY, 5 MAY 2020
A retail superannuation fund has postponed its MySuper transition to a $16.5 billion industry fund citing market uncertainty and volatility arising from COVID-19. Perpetual's MySuper product was to transition to CareSuper effective around May 1 ...

Aussie banks battered by pandemic

ALLY SELBY  |  TUESDAY, 5 MAY 2020
Australia's banks have been hit hard by the COVID-19 pandemic, with cash earnings down more than 40% compared to the same time last year. According to EY analysis of Australia's big four banks' half year results, combined cash earnings were ...

Lockdown measures cost $4bn a week: Frydenberg

ELIZA BAVIN  |  TUESDAY, 5 MAY 2020
Treasurer Josh Frydenberg has revealed the COVID-19 social restrictions are costing the Australian economy $4 billion a week. New analysis from Treasury estimates the mass closure of businesses and activities, designed to stop the spread of the virus ...

Unemployment already over 15%: Roy Morgan

KANIKA SOOD  |  MONDAY, 4 MAY 2020
April unemployment data released by Roy Morgan today paints a far gloomier picture of Australia's workforce than the Australian Bureau of Statistics' latest data from March. Roy Morgan found 15.3% of the workforce (2.16 million people) were unemployed ...