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Showing 461 - 470 of 1340 results for "Stage 1"

APRA rolls out new assessment model

ANNABELLE DICKSON  |  WEDNESDAY, 7 OCT 2020
The Australian Prudential Regulation Authority (APRA) has replaced its 18-year-old risk assessment model with a system that will better guide the intensity of the regulator's supervision. In a letter to banks, insurers and superannuation licensees ...

Sweeping tax cuts announced

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
The government has implemented a raft of tax relief measures for individuals and businesses in the 2020/21 budget in an effort to boost consumption in the economy and support business investment. Over 99% of businesses will be able to write off the ...

Frydenberg bets on infrastructure for recovery

KARREN VERGARA  |  TUESDAY, 6 OCT 2020
An additional $10 billion will help rebuild the nation's ageing infrastructure and ultimately create more jobs to stabilise the flailing economy, according to the Treasurer. Federal Treasurer Josh Frydenberg is hoping the infrastructure spent on ...

Funding for housing to decrease

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
The government announced it would increase funding in housing and community amenities by 32.2% in 2020-21, but will then reduce that spending by 35.5% by 2023-24. It said the decrease will be primarily driven by the ending of the COVID-era HomeBuilder ...

Chief economist update: Morrison manufactures Australia's future

BENJAMIN ONG  |  FRIDAY, 2 OCT 2020
All good things must come to an end. For a moment in time, the world economy benefitted from increased globalisation underscored by both comparative advantage and just-in-time supply chain management, triggering product innovations, higher value-added ...

Lazard launches new fund

ELIZA BAVIN  |  THURSDAY, 1 OCT 2020
Lazard Asset Management has launched a new registered managed investment scheme, offering Australian investors access to a US$500 billion asset class. The Lazard Global Convertibles Fund offers exposure to a global portfolio of convertible bonds, with ...

Super-backed company develops COVID treatment

ALLY SELBY  |  WEDNESDAY, 30 SEP 2020
A biotech company backed by AustralianSuper, HESTA, Hostplus and Statewide Super has developed a new preventative treatment shown to reduce COVID-19 levels by up to 96%. The product, INNA-051, is being developed by Ena Respiratory, and works by stimulating ...

ETFs undermine product comparison: Research

KARREN VERGARA  |  TUESDAY, 29 SEP 2020
The proliferation of products in the booming exchange-traded funds market is confusing investors and making it impossible to make like-for-like comparisons. New research from the US shows the exchange-traded product industry operates opaquely on many ...

Retail fund satisfaction drops

ELIZA BAVIN  |  WEDNESDAY, 23 SEP 2020
Customer satisfaction will retail funds fell by 2.5% while satisfaction in industry funds rose 0.2%, according to new data from Roy Morgan's Superannuation Satisfaction Report. The report shows an overall super fund satisfaction with financial performance ...

T. Rowe Price appoints head of intermediary

KANIKA SOOD  |  TUESDAY, 22 SEP 2020
The global manager appointed a head of the intermediary channel for Australia and New Zealand, after the incumbent was promoted to local distribution head in May. Jonathon Ross moved into the position on a permanent basis on September 1, after acting ...