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Showing 541 - 550 of 2153 results for "Extra"

ANZ profits halve, dividend deferred

JAMIE WILLIAMSON  |  THURSDAY, 30 APR 2020
... 51% on the prior corresponding period. ANZ said credit impairment charges of $1.674 billion, including about $1 billion in extra credit reserves, is largely to blame. Valuations of investments in Asian associates was impaired by $815 million, ANZ said. ...

Gargantuan stimulus needed to survive economic disaster

ALLY SELBY  |  WEDNESDAY, 29 APR 2020
... exports would remain at global recession levels, pushing our economy backwards," they said. "Adding to the case for enormous extra spending is the additional reality that business cycles are almost always asymmetric: the output lost in a recession isn't ...

BlackRock turns optimistic on credit

KANIKA SOOD  |  TUESDAY, 28 APR 2020
Central bank action including buying corporate bonds combined with cheapened valuation has led BlackRock Investment Institute to upgrade credit to a modest overweight. BlackRock's latest six to 12 month tactical views on major global asset classes (in ...

COVID-19 ETP market winners, losers

ELIZABETH MCARTHUR  |  TUESDAY, 28 APR 2020
New Rainmaker research has revealed the winners and losers in the exchange traded product (ETP) market during the quarter to March's COVID-19 induced volatility. March 2020 was characterised by sharp falls and rises in equities as investors grappled ...

ANZ accused of exploiting staff

ELIZABETH MCARTHUR  |  MONDAY, 27 APR 2020
The Finance Sector Union has accused ANZ of exploiting staff in an effort to pad out its results, with the big bank hitting back. An FSU spokesperson said the union had received "hundreds" of complaints after ANZ asked all staff to take their accrued ...

Has COVID-19 solved the advice problem?

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
... it's not as personable and as good as being face-to-face - it's never going to replace that - there is this weird level of extra personal engagement because the kids run around behind you or the dog barks," he said. Dillon said that from an adviser's ...

Managed accounts use broadens

HARRISON WORLEY  |  WEDNESDAY, 22 APR 2020
... using managed accounts. State Street Global Advisors head of SPDR ETF Asia Pacific distribution Meaghan Victor said the extra time advisers were gaining from managed accounts was proving valuable during times of market volatility to nurse clients through ...

NAB remediation bill grows

ELIZABETH MCARTHUR  |  MONDAY, 20 APR 2020
... expected remediation bill was already sitting at $2.09 billion before this announcement. In October last year NAB flagged an extra $1.18 billion in remediation and the bank's remediation team ballooned to 950 people last year. The announcement came ahead ...

Advisers adapt as crisis unfolds

ALLY SELBY  |  MONDAY, 20 APR 2020
... making special arrangements for older clients and using solutions like digital signatures," Benbow said. "All are spending extra time being proactive, connecting with anxious clients and helping them take advantage of the stimulus packages." Prior to ...

BAS agents to give financial advice

ELIZABETH MCARTHUR  |  FRIDAY, 17 APR 2020
A new legislative instrument aimed at helping Australians to navigate the COVID-19 stimulus measures will allow BAS agents to offer financial advice to businesses. BAS agents can now legally advise businesses about their entitlements to the new JobKeeper ...