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Showing 3711 - 3720 of 10705 results for "May 2012"

Australians lose record amount to scams

ELIZABETH MCARTHUR  |  TUESDAY, 7 MAY 2019
Older Australians, Indigenous Australians and those with a disability have reported record losses to scams in 2018, including more than $85 million to dodgy investments. Australians in total lost almost half a billion dollars to scams in 2018. However ...

Chief economist update: The tweet that reignited the trade war

BENJAMIN ONG  |  TUESDAY, 7 MAY 2019
Once again, US President Donald Trump proved to the entire planet that the only thing predictable about him is his unpredictability. With just two tweets, POTUS reignited hostilities (and perhaps an escalation) of the US-China trade war, spooking financial ...

ANZ serious on cost cuts

ELIZABETH MCARTHUR  |  MONDAY, 6 MAY 2019
ANZ's chief executive said his plans for a streamlined bank should save the company roughly $1 billion by 2022. ANZ chief executive Shayne Elliot said: "We will continue to simplify and strengthen the bank, including exiting, shrinking and closing non-core ...

QIC eyes internet infrastructure company

KANIKA SOOD  |  MONDAY, 6 MAY 2019
The $85 billion manager made an indicative proposal to acquire an ASX-listed internet infrastructure company. Superloop granted QIC an exclusive due diligence period of three weeks starting April 28, after receiving an indicative offer on April 2 for ...

ESG enthusiasm booms post-Royal Commission

ELIZABETH MCARTHUR  |  MONDAY, 6 MAY 2019
The Royal Commission may have pushed some businesses to prioritise environmental and ethical social governance (ESG), according to Perennial portfolio manager Damian Cottier. Perennial surveyed a series of listed companies, asking about their ESG priorities ...

Super, life risk face election test

HARRISON WORLEY  |  MONDAY, 6 MAY 2019
Superannuation is in the firing line once again as Australia prepares to head to the polls, with industry stakeholders calling for greater certainty over the future of superannuation reform. Campaigning in the lead up to the Federal election has once ...

Macquarie Capital appoints group co-heads

KANIKA SOOD  |  FRIDAY, 3 MAY 2019
Macquarie Capital has appointed two group co-heads as the incumbent leaves the role after seven years. Tim Bishop will step down as the group head of Macquarie Capital and from the executive committee effective May 31. He will become the chair of Macquarie ...

Bravura raises $165m for GBST bid

KANIKA SOOD  |  FRIDAY, 3 MAY 2019
Bravura Solutions has raised $165 million as it circles financial administration services competitor GBST. Macquarie has underwritten the placement at $5.75 per share for 28.7 million shares to raise the $165 million. This represents a discount of 7.9% ...

Chief economist update: RBA May cut, May not

BENJAMIN ONG  |  FRIDAY, 3 MAY 2019
A funny thing happened along the way to the Reserve Bank of Australia's (RBA) scheduled monetary policy meeting on May 7 and ahead of the May 18 Federal Election. While the slowing momentum in Australia's economic and survey indicators, and ...

Beware disruptors: Antipodes

ELIZABETH MCARTHUR  |  FRIDAY, 3 MAY 2019
Antipodes client portfolio manager Alison Savas says investors need to be wary of technology companies and start-ups that are billed as disrupters. Speaking at an event in Sydney, Savas explained these disrupters, or 'software as a service' technology ...