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

Search Results

Showing 3451 - 3460 of 14212 results for "Interest"

CBA feels pressure of low rates, profits down

ANNABELLE DICKSON  |  WEDNESDAY, 11 NOV 2020
... preliminary figures show cash profits down 16% to $1.8 billion on the same period in the previous year. The bank noted its net interest margin was lower than its half year results due to reduced earnings on deposits, unfavourable lending margins and ...

SASB appoints Australian advisor

JAMIE WILLIAMSON  |  WEDNESDAY, 11 NOV 2020
... setting sustainability disclosure standards has appointed its first senior advisor for Australia following increased interest from local institutional investors. The Sustainability Accounting Standards Board (SASB) has appointed Terence Jeyaretnam to ...

Chief economist update: Letter V going viral in Australia

BENJAMIN ONG  |  WEDNESDAY, 11 NOV 2020
... down to 0.1% from 0.25%; the target for the yield on the three-year Australian Government bond down to around 0.1%; the interest rate on new drawings under the Term Funding Facility down to 0.1%; the interest rate on Exchange Settlement balances down ...

BT reduces wholesale fees

ELIZA BAVIN  |  TUESDAY, 10 NOV 2020
... International Shares Funds will have fees reduced by 0.15% to 0.75% and 0.95% respectively. The BT Wholesale Multi-manager Fixed Interest, Conservative and High Growth funds all had fees reduced 0.10%. The BT Wholesale Multi-manager Moderate Fund saw ...

CountPlus divests member firm

ANNABELLE DICKSON  |  TUESDAY, 10 NOV 2020
CountPlus has disposed its majority interest in a member firm to a fellow member firm after a review found it could not add strategic value. The ASX-listed advice and accounting group has sold its 61.28% interest in Specialised Business Solutions to ...

New fixed income boutique launches

KANIKA SOOD  |  MONDAY, 9 NOV 2020
... with Christian and his team. He is a best in class manager with a clearly demonstrable track record. In the current low interest rate environment, the performance of a fixed income manager is more important than ever," Waislitz said. The investment team ...

State Super scholarship opens

KARREN VERGARA  |  MONDAY, 9 NOV 2020
State Super's post-graduate scholarship program is open for students in New South Wales interested in studying superannuation. The Academic Scholarship program offers four $16,000 scholarships available for masters and honours students. There is also ...

MIRA set to acquire REIT

KARREN VERGARA  |  MONDAY, 9 NOV 2020
Macquarie Infrastructure and Real Assets (MIRA) is proposing to acquire a real estate investment trust valued at $300 million. MIRA is offering to take over Vitalharvest Freehold Trust (VTH) for a cash consideration of $1 per share by way of a trust ...

Off-platform assets consume advisers' time

KARREN VERGARA  |  MONDAY, 9 NOV 2020
Off-platform assets are increasingly taking up more of financial advisers' time as many express frustration with the lack of solutions available that can house all of their clients' assets. According to joint research by Praemium and Investment Trends ...

Former advisers face huge fines

ELIZABETH MCARTHUR  |  FRIDAY, 6 NOV 2020
... ASX listing rules. The purpose of the minimum spread requirement is to demonstrate that there is sufficient investor interest, from unrelated parties, in the company to justify its listing. Kawecki was banned for seven years in 2018. His name came up ...