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Showing 381 - 390 of 1584 results for "Light"

Westpac reaches $1.3bn AUSTRAC deal

ELIZA BAVIN  |  THURSDAY, 24 SEP 2020
... contraventions that were outlined in an amended statement of claim. These new contraventions relate to information that came to light after the civil penalty action was launched last year and relate to additional International Funds Transfer Instructions ...

Super fund overhauls performance on red rating

KARREN VERGARA  |  TUESDAY, 15 SEP 2020
... the other MySuper products that were warned to do better. Many of these products received a red rating based on a traffic-light system, whereby red is deemed to be the worst-possible rating. Since the changes, Collins said the new strategies have proven ...

SMSF claim over Dreamworld deaths hits snag

ELIZABETH MCARTHUR  |  TUESDAY, 15 SEP 2020
... Whyte said. "We are conferring with the funder [of the class action, Woodsford Litigation Funding] about their position in light of the court's finding." On 25 October 2016, Kate Goodchild, Luke Dorsett, Cindy Low and Roozbeh Araghi were killed when ...

Investors welcome Rio resignations

ELIZA BAVIN  |  FRIDAY, 11 SEP 2020
... Australian Council of Superannuation Investors (ACSI) welcomed the announcement of the executive departures by Rio Tinto in light of the destruction of culturally significant sites in the Juukan Gorge. ACSI chief executive Louise Davidson said: "Despite ...

Chief economist update: ECB keeps it steady

BENJAMIN ONG  |  FRIDAY, 11 SEP 2020
... year to date and by 11.1% from the 2020 low recorded on March 20 There are certainly downside risks to these forecasts in light of the resurgence of cases of infections in and renewed restrictions in the region. But, the ECB staff has already pencilled ...

ASIC delays RG97 again

KARREN VERGARA  |  THURSDAY, 10 SEP 2020
... requirements, she said. Eccleston added that the extension will give super funds and product issuers more time and flexibility in light of COVID-19. Further, she flagged that ASIC will continue to develop its proposals on disclosure by platforms. "In ...

Chief economist update: The second oil price discounting wave

BENJAMIN ONG  |  WEDNESDAY, 9 SEP 2020
... on oil price discounting. Bloomberg reports that, Saudi Arabia's state producer, Saudi Aramco, has cut its key Arab Light grade of crude pricing by a "larger-than-expected amount for shipments to Asia, its main market. It also lowered pricing for ...

Chief economist update: Is Dan still the man?

BENJAMIN ONG  |  TUESDAY, 8 SEP 2020
... first [in terms of supporting businesses] before the Commonwealth considers any responses that we'll be making", in light of the extended restrictions. Whatever jobs aren't kept would go to the JobSeeker programme. But both JobKeeper and JobSeeker ...

Fund manager charged with fraud

ALLY SELBY  |  FRIDAY, 4 SEP 2020
... he would not allow the competing bidder to successfully buy the securities," the SEC alleged. "When his actions came to light, Kamensky allegedly attempted to cover-up his misconduct by trying to persuade the other bidder not to describe Kamensky's ...

WAM makes LIC takeover bid

ANNABELLE DICKSON  |  FRIDAY, 4 SEP 2020
... discount to its pre-tax net tangible assets with the average discount over the last 12 months at 8.1%. Prior to this and in light of the appointment of David Sokulsky as chief executive and chief investment officer in 2018, CLF traded at a discount of ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN  |   12:33PM
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA  |   11:56AM
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI  |   11:09AM
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA  |   12:20PM
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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