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Showing 491 - 500 of 6512 results for "News"

Chief economist update: The virus, the vaccine, the variant

BENJAMIN ONG  |  TUESDAY, 12 JAN 2021
"Just when you thought it was safe to go back in the water." - Jaws About this time last year, the world was alerted - but only mildly alarmed - at yet another SARS-like disease spreading in Wuhan, China (the first confirmed case reported on December ...

ASIC takes action against La Trobe Financial

ELIZABETH MCARTHUR  |  MONDAY, 21 DEC 2020
ASIC has commenced proceedings, seeking a civil penalty against La Trobe Financial, but the latter plans to fight the claims. The regulator has taken issue with La Trobe Financial's 90 Day Notice Account and Classic 48 Hour Account. The two funds ...

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
The Morrison government has released its Mid-Year Economic Financial Outlook (MYEFO), proving the old saying 'You must spend money to make money' right. This quote, generally attributed to Roman playwright, poet and philosopher Titus Maccius ...

What you read in 2020

JAMIE WILLIAMSON  |  FRIDAY, 18 DEC 2020
... stories, the Financial Standard team wishes our readers a safe and happy holiday period; we look forward to bringing you the news in 2021! The 10 most read stories of 2020 were: 1. Industry funds face reality of COVID-19 shutdown (March 25) As COVID-19 ...

FS team picks: The top stories for 2020

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 17 DEC 2020
... stories that the Financial Standard team views as defining advice this year: IOOF names licensee chiefs, acquires platform The news that's sure to impact how the industry operates for years to come was IOOF snapping up MLC Wealth. Financial Standard ...

Household wealth hits record high

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
The COVID-19 pandemic has led to household wealth hitting a record high as Australians stashed their cash during a year plagued with volatile markets and an economic shutdown. Total household wealth increased 1.7% to a record high of $11.35 trillion ...

Australia in China's shadow

BENJAMIN ONG  |  WEDNESDAY, 16 DEC 2020
"Convince your enemy that he will gain very little by attacking you; this will diminish his enthusiasm" - Sun Tzu, The Art of War It would be surprising and un-Chinese for China not to heed the prescriptions of one of its famous son, Sun Tzu - a military ...

Vale Martin Heffron

ELIZABETH MCARTHUR  |  TUESDAY, 15 DEC 2020
... business that he co-founded with his wife Meg in 1998, sent a note to clients on 11 December 2020 informing them of the sad news. "We are deeply saddened to announce the sudden passing of our executive director Martin Heffron," Heffron said. "Many of ...

Chief economist update: An extra mile for a deal

BENJAMIN ONG  |  MONDAY, 14 DEC 2020
"They say that breaking up is hard to do Now I know I know that it's true..." - Neil Sedaka It's been three-and-a-half years since the UK decided and then filed for divorce from the European Union (EU) and 11 months into the transition period ...

Clive Palmer ramps up calls for Shipton's head

ELIZABETH MCARTHUR  |  FRIDAY, 11 DEC 2020
Controversial businessman and leader of the United Australia Party Clive Palmer has mounted an advertising campaign calling for ASIC chair James Shipton to resign. Palmer took out full-page ads in several state and national newspapers with the copy ...