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Showing 21 - 30 of 91 results for "Bushfires"

Westpac profits down on AUSTRAC fine

ANNABELLE DICKSON  |  MONDAY, 2 NOV 2020
... Westpac says was due to lower margins and higher compliance costs. Insurance recorded a net loss of $480 million due to bushfires, storms and lower premiums, while Westpac Pacific recorded $11 million cash profit down $58 million over the year. Westpac ...

Super industry cautious on more reform

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... around this budget are unlike any other since the Second World War. It's also easy to forget the impact of drought and bushfires which had a jarring impact on the economy long before the pandemic took hold." Meanwhile, the Australian Banking Association ...

Australian Ethical benefits from seismic cultural shift

ALLY SELBY  |  WEDNESDAY, 26 AUG 2020
... added. "There's a heightened awareness about the vulnerability of the planet; we've gone through horrendous bushfires and then rolled straight into a global pandemic," McMurdo said. "So, if you can invest this way and make this kind of impact ...

Suncorp wealth business down

ELIZA BAVIN  |  FRIDAY, 21 AUG 2020
... has been battered by extreme weather events, high reinsurance costs and low investment returns after the most recent bushfires and market volatility. In the wealth business, funds under management fell 8% over the year to $5.9 billion. Suncorp said this ...

Dealmakers hold off investing in Australia

ANNABELLE DICKSON  |  THURSDAY, 6 AUG 2020
... 65% in January 2020. Prior to the pandemic, dealmakers considered environmental and social activism surrounding the bushfires, as barriers to completing mid-market deals. Despite this, 70% of dealmakers are hopeful that Australia will recover quickly ...

Bond investor sues Australian government

ELIZABETH MCARTHUR  |  THURSDAY, 30 JUL 2020
... O'Donnell grew up in Healesville in the Central Highlands region of Victoria which was impacted by the Black Saturday bushfires of 2009 and the bushfires at the start of this year. Both her parents have jobs that are focussed on environmental issues ...

Australian Ethical posts record results

ALLY SELBY  |  WEDNESDAY, 15 JUL 2020
... particularly devastating bushfire season, as well as the global climate change movement, had helped boost client numbers. "The bushfires really resonated with people; [they realised] they needed to take climate action and that they could make their money ...

Chief economist update: The All Ords' ups, downs and ups

BENJAMIN ONG  |  WEDNESDAY, 1 JUL 2020
... fiscal spending - intended to provide relief and help in the recovery of the communities and businesses devastated by the bushfires that burned Australia in late December 2019/early January 2020 and as penance for the Prime Minister's hanging loose ...

GDP figures reveal start of COVID-19 impact

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... COVID-19," Hockman said. The ABS said the economy was impacted by a number of significant events this quarter, starting with bushfires and other natural disasters, followed by the outbreak of COVID-19 and the subsequent imposition of restrictions. "Public ...

Zurich pledges to COVID-19 support

ELIZA BAVIN  |  TUESDAY, 2 JUN 2020
... programs, plus an additional $1 million donated by its foundation to various charities in the wake of the Australian bushfires earlier this year. This wave of funding will be allocated to charities associated with mental and physical wellness, homeless ...