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

Search Results

Showing 441 - 450 of 3123 results for "Crisis"

MySuper returns negative

ELIZABETH MCARTHUR  |  FRIDAY, 7 AUG 2020
... financial year. It is the first negative annual financial return for default super products since the Global Financial Crisis. The GFC in 2008-2009 delivered financial returns in default superannuation products of -13%. The 2007-2008 financial year also ...

SG amnesty deadline nears

ALLY SELBY  |  THURSDAY, 6 AUG 2020
... country. The ATO has recognised that some businesses may not be able to pay their liabilities as a result of the COVID-19 crisis. However, it confirmed that it would work with employers to establish a payment plan to make good on these debts. These include ...

Investment committees not up to scratch

ELIZABETH MCARTHUR  |  THURSDAY, 6 AUG 2020
... dealing with ESG considerations, and employing TPA helps the integrated thinking required," Urwin said. "We believe that this crisis will accelerate the adoption of TPA and, in time, it will become one of the defining innovations of this period." The ...

It's your money: Hume calls out Keating

ELIZA BAVIN  |  THURSDAY, 6 AUG 2020
... that went to superannuation. If Australia listened to the Liberals there wouldn't be a dollar saved to access during this crisis," Jones tweeted. "What is your plan for next time after 560,000 Australians have had to wipe out their retirement savings?" ...

Bain Capital begins restructure reckoning

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
... Australia, strong competitive airlines are critical in helping restore the economy, which is why in the face of the worse crisis our industry has ever seen, a well-capitalised Virgin Australia Group with a solid sustainable future is a great outcome ...

Big companies dig deep

ELIZA BAVIN  |  WEDNESDAY, 5 AUG 2020
... Fund, which will provide support in a range of areas such as health services and resilience building during the ongoing crisis. The $50 million fund will help to support regional Australian communities in BHP's areas of operation and includes support ...

Lazard dumps AMP shares

ELIZABETH MCARTHUR  |  TUESDAY, 4 AUG 2020
... Royal Commission. "You used to trade over $5, now you trade below $2," he said. Meanwhile, AMP Capital is facing an ongoing crisis of reputation after the Australian Financial Review revealed that the company knew about sexual harassment claims against ...

SelfWealth awards brokerage mandate

ALLY SELBY  |  TUESDAY, 4 AUG 2020
... into the role in December 2019, said the partnership with SelfWealth has allowed it to grow and hire during a period of crisis and uncertainty. "We're not afraid to try something new at OpenMarkets Group, and we have a team of impressive minds at our ...

Aussies reevaluate retirement prospects

ALLY SELBY  |  MONDAY, 3 AUG 2020
... confident about their retirement prospects, with many fearing they will have to work longer in the wake of the COVID-19 crisis. Surveying 1000 Australians in June, the CFS Retirement Realities research found nearly half of those surveyed do not feel ...

ESG funds crowned winners of COVID-19 crisis

ALLY SELBY  |  MONDAY, 3 AUG 2020
Australasian sustainable funds attracted inflows worth more than $207 million in the second quarter of 2020, with Australian Ethical and Dimensional reaping the majority of these rewards. Morningstar's latest Global Sustainable Fund Flows report, which ...