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Showing 531 - 540 of 4276 results for "Yesterday"

1.5 metres to trigger real estate downfall

ALLY SELBY  |  WEDNESDAY, 8 APR 2020
... reduction in return for the tenancy committing to a longer lease term." The government's new measures, announced yesterday, force landlords to reduce leases in proportion to a reduction in business for the tenant. However, rent won't be waived ...

Centrepoint executives depart, pay cuts implemented

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2020
... for 20% pay cuts. Centrepoint Alliance's acting chief financial officer Peter Loosmore has left the company, effective yesterday. Centrepoint said the role, which Loosmore had held since December 2018, will transition to a permanent role. An executive ...

Trillion dollar stimulus debt debated

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 APR 2020
... The government estimates six million Australians could be eligible for the JobKeeper payment through their employer. "Yesterday afternoon 700,000 businesses had registered for this support and this number continues to grow," Prime Minister Scott Morrison ...

Chant West takes Zenith acquisition to court

KANIKA SOOD  |  MONDAY, 6 APR 2020
... and positive outlook for the second half EBITDA. This morning, Chant West said it filed proceedings against CW Bidco yesterday. It is seeking court orders on post COVID correction performance which is the bone of contention between the buyer and the ...

Chief economist update: Oil gush

BENJAMIN ONG  |  FRIDAY, 3 APR 2020
... and before, one after another, countries around the world virtually locked down all forms of social activity. As at yesterday (April 2), infections were at 1,013,703 and deaths at 52,975, according to worldometers.info. And it was also the day when slowly ...

Bigger balances, bigger blow: Elia

JAMIE WILLIAMSON  |  THURSDAY, 2 APR 2020
... it's not a lot of money relative to the size of the fund," he said. Elia also dismissed talk of liquidity issues. Just yesterday APRA and ASIC publicised the fact they had jointly written to super fund trustees to ensure they prioritise liquidity ...

MLC waives licensee fees, delays dealer group transitions

JAMIE WILLIAMSON  |  WEDNESDAY, 1 APR 2020
... unprecedented uncertainty. It has also delayed the transition of advisers from Apogee and Meritum. In an internal update yesterday, MLC Wealth chief executive Geoff Lloyd informed advisers of five elements of additional support MLC will be providing ...

ASX suffers worst quarter in over a century

ELIZA BAVIN  |  WEDNESDAY, 1 APR 2020
... S&P/ASX 200 Quality index outperforming its benchmark by 12% in March," it said. Kyle Rodda, market analyst at IG, said yesterday marked the end of a turbulent quarter for global financial markets. "All-time highs and practically a sense of euphoria ...

Super funds asked to model early release impact

KANIKA SOOD  |  TUESDAY, 31 MAR 2020
... Treasurer's announcement of the estimate. The House of Representatives Standing Committee on Economics chair Tim Wilson yesterday called out superannuation funds' complacence on liquidity issues, and floated the idea of another round of hearings ...

Hume calls for diversity in super fund mergers

HARRISON WORLEY  |  TUESDAY, 31 MAR 2020
... should look to emulate the likes of AustralianSuper and Sunsuper. In an address to the AFR Banking and Wealth Summit yesterday, Assistant Minister for Superannuation, Financial Services and Financial Technology Senator Jane Hume said the COVID-19 crisis ...