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Showing 391 - 400 of 3117 results for "Crisis"

Responsible lending laws to be revoked

ANNABELLE DICKSON  |  FRIDAY, 25 SEP 2020
... Action chief executive Gerard Brody agrees: "Leaving people with more debt they can afford is no way out of an economic crisis. Pushing too much credit that people can't afford to repay creates hardship, stress, anxiety for individuals and families." ...

J.P. Morgan set to cough up US$1bn

ALLY SELBY  |  THURSDAY, 24 SEP 2020
... price brought about by the large phony order. The practice was made illegal in the US in 2010, following the financial crisis. The settlement rumours come after two precious metals traders and one former trader in the New York office of the bank were ...

Super funds squander member money: Bragg

KARREN VERGARA  |  THURSDAY, 24 SEP 2020
... operated as "one big silo". The Hayne Royal Commission exposed retail funds acting in their best interest, while the COVID-19 crisis showed industry funds acting and furthering in their own self-interest, he said. The New South Wales Senator proposed ...

Liberman firm backs non-bank lender

KANIKA SOOD  |  TUESDAY, 22 SEP 2020
... from the Australian Office of Financial Management have helped immensely to fill the funding gap that was caused by the crisis. The role of technology enabled lenders, such as Lumi, as a competitor and driver of innovation and change in the lending market ...

Hostplus can't be killed: Sicilia

ELIZABETH MCARTHUR  |  FRIDAY, 18 SEP 2020
... Sicilia has firmly rebutted speculation that COVID-19 and the early release of super scheme could have caused a liquidity crisis, detailing a series of extreme events that wouldn't "kill the fund". "There was never going to be a liquidity problem," Sicilia ...

AMP hires people, culture lead

ANNABELLE DICKSON  |  FRIDAY, 18 SEP 2020
... 25 years' experience in human resources with experience in rapid growth, right sizing, turnarounds, transformation, crisis management, acquisition. She is currently a non-executive director of The Scout Association of Australia, chair of Women on ...

Real opportunity for super funds in private assets: Schroders

ELIZA BAVIN  |  THURSDAY, 17 SEP 2020
... said, it's important to focus on the company's experience and how they have dealt with things like the global financial crisis and the dot com bust. "It's also important to focus on all these sort of issues from the past few years, thinking about them ...

Female ASX 200 chiefs fall

ALLY SELBY  |  THURSDAY, 17 SEP 2020
... greater productivity, and greater profitability," they said. And as businesses navigate the challenges of the COVID-19 crisis, it is all the more critical that diversity in teams becomes a priority, Morphet and Boddington said. "The CEW Census highlights ...

Chief economist update: Zero beyond 2023

BENJAMIN ONG  |  THURSDAY, 17 SEP 2020
... the Fed notes: "The path of the economy will depend significantly on the course of the virus. The ongoing public health crisis will continue to weigh on economic activity, employment, and inflation in the near term, and poses considerable risks to the ...

ASX revises capital raising measures

ELIZA BAVIN  |  WEDNESDAY, 16 SEP 2020
... revised its temporary emergency capital raising measures that were put in place to assist companies during the COVID-19 crisis. The ASX said the measures will be tightened as a result of the stabilisation of market conditions. "From 15 September 2020 ...