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Showing 3331 - 3340 of 14212 results for "Interest"

Investa buys $800m property from Macquarie

ELIZA BAVIN  |  FRIDAY, 22 JAN 2021
... an office building in Sydney from Macquarie for $800 million. Investa and Manulife have acquired the right to a 100% interest in 39 Martin Place in the heart of the Sydney CBD. The property will sit directly above the southern entrance of a new metro ...

ATO releases finding from super survey

ELIZA BAVIN  |  THURSDAY, 21 JAN 2021
The Australian Taxation Office (ATO) has released the key takeaways from its bi-annual survey of APRA-regulated super funds. Twice a year the ATO survey Australia's large super fund industry on ways it can improve its services and engagement with the ...

Jobs return to pre-pandemic levels

ELIZA BAVIN  |  THURSDAY, 21 JAN 2021
... imposed to limit the spread of COVID-19. The Reserve Bank of Australia (RBA) has long said it will not consider lifting interest rates unless the jobless rate goes down. This was repeated at the final meeting of the RBA board in December 2020, where ...

APRA delays insurance in super guidance

ELIZA BAVIN  |  THURSDAY, 21 JAN 2021
The prudential regulator has released an updated draft guidance for insurance in superannuation as part of its consultation period, delaying the commencement date by six months. Several changes have been made the original document released in November ...

Chief economist update: USA Inc is under new management

BENJAMIN ONG  |  THURSDAY, 21 JAN 2021
... trillion COVID-19 relief plan. US Federal Reserve chair Jerome Powell assured markets that the central bank would not raise interest rates soon unless it foresees rising inflation or imbalances in the economy. In her confirmation hearing, US Treasury ...

Barrenjoey hires from Ord Minnett

KANIKA SOOD  |  WEDNESDAY, 20 JAN 2021
... including HUB24 and Netwealth. Barrenjoey is 40% owned by Barrenjoey and 9.99% owned by Barclays. Magellan has a 4.99% voting interest and a board position, while Barclays has a 4.99% voting interest. Its co-founders include former Challenger chief executive ...

ASIC bans former IOOF, MLC adviser

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 JAN 2021
Jim Pavlidis has been banned from providing financial services for three years, after it was revealed he was not adequately trained. ASIC said that a review of the advice given by Pavlidis between 2004 and 2018 found that he failed to provide financial ...

Does financial services have a problem with women?

ELIZABETH MCARTHUR  |  TUESDAY, 19 JAN 2021
... employees to disclose any intimate relationships with anyone associated with BlackRock in a bid to mitigate conflicts of interest. And late in 2019, IFM Investors paid $493,000 to settle sexual harassment claims made against an executive director by ...

Group insurance using shoddy data: Rice Warner

KARREN VERGARA  |  TUESDAY, 19 JAN 2021
... and reflect the changes in their data. For example, the complexities of the Protecting Your Super and Putting Members Interest First legislations introduced new rules for switching cover on and off. "This has heightened the risk and prevalence of administrative ...

Chief economist update: Japan's second state of emergency

BENJAMIN ONG  |  TUESDAY, 19 JAN 2021
... and will not hesitate to take additional easing measures if necessary, and also it expects short- and long-term policy interest rates to remain at their present or lower levels".