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

Search Results

Showing 451 - 460 of 3254 results for "CRIS"

ASIC bans crypto scammer

ALLY SELBY  |  FRIDAY, 4 SEP 2020
ASIC has banned a former national representative of a cryptocurrency investment scheme from financial services for seven years, after it was found he engaged in misleading or deceptive conduct. New South Wales based John Louis Anthony Bigatton has copped ...

Chief economist update: Australia succumbs to pandemic-induced recession

BENJAMIN ONG  |  THURSDAY, 3 SEP 2020
It was good - so good - while it lasted. But as the saying goes, "nothing lasts forever". It had been more than a generation since Australia experienced "the recession we had to have" back in 1990/91. The Australian economy withstood the US savings ...

ERS to lead to rising pension costs, higher taxes

ALLY SELBY  |  WEDNESDAY, 2 SEP 2020
Industry Super Australia has slammed the government's early release of superannuation scheme, arguing it will significantly increase the long-term Age Pension costs borne by taxpayers. Total retirement incomes will be substantially lower, it said, while ...

JobKeeper extension passed

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
The government's JobKeeper extension has been passed through parliament, prolonging the payments through till March 2021 and tapering the amount from December 2020. A new split system will replace the flat $1500 fortnightly payment with those who work ...

Advice disciplinary body delayed

KARREN VERGARA  |  FRIDAY, 28 AUG 2020
Financial advisers will have to wait until June 2021 for the long-awaited disciplinary body that is purported to professionalise the industry. Assistant Minister for Superannuation, Financial Services and Financial Technology, Senator Jane Hume flagged ...

Chief economist update: Japan economy tanks depsite looser restrictions

BENJAMIN ONG  |  THURSDAY, 27 AUG 2020
If a technical recession is defined as two successive quarters of negative growth, what do you call a period where the economy contracts for three straight quarters... and counting? Japan may have imposed less stringent coronavirus containment measures ...

ESG crisis returns overcooked: Research

KANIKA SOOD  |  MONDAY, 24 AUG 2020
ESG funds tallied up record inflows and touted better-than-market returns in the COVID-19 downturn but new academic research says there is no evidence that ESG scores contributed anything beyond traditional models. In ESG Didn't Immunize Stocks Against ...

Chief economist update: Gone fishing

BENJAMIN ONG  |  MONDAY, 24 AUG 2020
"Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime." Reserve Bank of Australia (RBA) governor Philip Lowe didn't exactly quote this proverb when he testified before the House of Representatives Standing ...

Suncorp wealth business down

ELIZA BAVIN  |  FRIDAY, 21 AUG 2020
Suncorp has reported an 8% drop in funds under administration for its wealth business, as it posted a 6.8% fall in ongoing operations for FY20 as a result of COVID-19. Suncorp has been battered by extreme weather events, high reinsurance costs and low ...

REITs better value than bonds, equities: LaSalle

ALLY SELBY  |  WEDNESDAY, 19 AUG 2020
Global real estate securities are priced competitively compared to asset classes such as equities and bonds, according to a real estate investment specialist with $106.3 billion in global assets under management. Despite the serious headwinds faced ...