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Showing 441 - 450 of 1970 results for "Default"

Investors back corporate bonds as COVID-19 winner

ALLY SELBY  |  THURSDAY, 7 MAY 2020
... equity market, and within that you've got everything from cash to investment grade, sub-investment grade, securitised, default, emerging markets etc. "Our view at the moment is that there is some opportunity in investment grade credit, but you have ...

Darwinian time for super

HARRISON WORLEY  |  THURSDAY, 7 MAY 2020
... be an easier way to gain scale, particularly as some of the historic ways we've been used to gaining scale through the default system or through funds under management growth, or through high-levels of new employment and migration as they slow down ...

Early release applications top $9bn

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
... 140,000 members $970 million as at end of day Tuesday, May 5. With airline workers stood down in droves, Sunsuper, as the default super fund for Virgin Australia, has paid out at least $784 million to 108,000 members as at last Friday. "With 1.4 million ...

Aussie banks battered by pandemic

ALLY SELBY  |  TUESDAY, 5 MAY 2020
Australia's banks have been hit hard by the COVID-19 pandemic, with cash earnings down more than 40% compared to the same time last year. According to EY analysis of Australia's big four banks' half year results, combined cash earnings were ...

AMP hangs on to AFLPA mandate

KANIKA SOOD  |  MONDAY, 4 MAY 2020
... its plans to replace AMP with industry fund Hostplus starting February 28. In June last year, AMP lost its mandate as default fund for Australia Post to AustralianSuper. AMP Australia chief executive Alex Wade said he was delighted to be continuing AMP's ...

Sargon buyers tap former PEXA chief as adviser

KANIKA SOOD  |  FRIDAY, 1 MAY 2020
PEXA's founding chief executive is understood to be advising Teddy Wasserman, as he readies a new group structure for Sargon's operating businesses. Marcus Price was the chief executive of Property Exchange Australia from 2010 to October last ...

Junk by name, junk by nature?

ALLY SELBY  |  THURSDAY, 30 APR 2020
... revenue pressure due to social distancing and the abrupt shutdown of travel." Already this year, the global corporate default tally has hit 57, with missed interest and principal payments the cause of pain. In market downturns and recessions, the liquidity ...

Madison sale slated for May completion

KANIKA SOOD  |  WEDNESDAY, 29 APR 2020
OneVue is on track on complete the sale of dealer group Madison next month, the company said in quarterly update released this morning. OneVue took control of Madison Group in early February from Sargon Capital, as the ASX-listed companies tries to ...

Gargantuan stimulus needed to survive economic disaster

ALLY SELBY  |  WEDNESDAY, 29 APR 2020
... 15-20% of Australia's GDP per year for the next two to three years. Anything less, they argue, will run the risk of a debt-default deflationary spiral as households and businesses, already leveraged with debt well before the COVID-19 crisis, struggle ...

Australians hate complexity, not annuities: Research

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 APR 2020
... appetite for annuities than people think and that account-based pensions may be the main product in the market simply by default or out of ignorance, rather than actual preference." When the researchers asked study participants to choose between two ...