Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 301 - 310 of 2103 results for "This Week"

Super industry cautious on more reform

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... increases, rather than further cuts," Bassanese said. "As it stands, the strong near-term fiscal stimulus provided in this week's budget appears to reduce the risk of the RBA cutting interest rates as early as next month. There is now a greater chance ...

Sweeping tax cuts announced

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... benefits tax (FBT) return. Employers providing retraining activities will also be exempt from FBT. As indicated earlier this week, small to medium businesses like financial advice firms will be able to access up to 10 tax concessions as the aggregated ...

Ratings deteriorate at AMP

ALLY SELBY  |  FRIDAY, 2 OCT 2020
AMP has suffered a further blow this week, after Moody's downgraded its ratings of the embattled wealth management giant. The ratings house lowered its ratings on AMP Group Holdings, AMP Group Finance Services and AMP Bank from A3 to Baa2. However ...

Alex Waislitz urges OVH shareholders to vote no

KANIKA SOOD  |  TUESDAY, 29 SEP 2020
... investment companies bought more OVH shares yesterday, a spokesperson said. He is also expected to write to OVH shareholders this week, urging them to vote against the revised offer, the spokesperson said. "We are not going to comment on any particular ...

J.P. Morgan set to cough up US$1bn

ALLY SELBY  |  THURSDAY, 24 SEP 2020
... precious metals and treasuries trading desk. As first reported by Bloomberg, the settlement - which could come as soon as this week - would squash investigations by the US Justice Department, the Commodity Futures Trading Commission and the Securities ...

Super funds accused of chest beating on climate change

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 SEP 2020
Two major industry superannuation funds have this week made bold statements about their stance on climate change, but critics argue it may be "virtue signalling" with little substance. UniSuper announced this week it is committed to achieving net zero ...

Chief economist update: Prime Minister Suga

BENJAMIN ONG  |  TUESDAY, 15 SEP 2020
... social distancing curbs, including lifting ban on indoor dining and allowing leisure facilities to open. Tokyo government this week plans to end its policy of asking establishments serving alcohol to close early. New Zealand maintained current restrictions ...

WAM wins Blue Sky bid, appoints directors

ALLY SELBY  |  WEDNESDAY, 9 SEP 2020
... understands that a portfolio manager has been appointed to lead the alternative assets fund, set to be announced later this week. It comes after WAM acquired the management rights for Blue Sky Alternative Investments in July this year, after the company ...

SMSF member increase bill reintroduced

ANNABELLE DICKSON  |  THURSDAY, 3 SEP 2020
... the Treasury Laws Amendment (2019 Measures No. 1) Bill 2019 but was knocked back by Labor. The bill was reintroduced this week by assistant minister for superannuation, financial services and financial technology Jane Hume. The SMSF Association also ...

IOOF names licensee chiefs, acquires platform

JAMIE WILLIAMSON  |  WEDNESDAY, 2 SEP 2020
... Peter Ornsby. Ornsby will also lead Financial Services Partners until it is closed, as previously announced by IOOF this week. Terry Dillon will remain as chief executive of Shadforth Financial Group, and Nathan Stanton retains leadership of Bridges. ...