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Showing 551 - 560 of 2196 results for "In March"

Chief economist update: Australia's not jobless recovery

BENJAMIN ONG  |  FRIDAY, 19 FEB 2021
... growth outlook. It now appears that the unemployment rate has already peaked. Although the end of the JobKeeper program in March creates some uncertainty for the near term, over the whole forecast period employment growth is expected to remain solid ...

Continuous disclosure laws to stay

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
... actions" under continuous disclosure laws, he said, noting that during the temporary provision period (due to expire in March 2021), Treasury found an increase in the number of material announcements to the market, relative to the same period last year. ...

Chief economist update: Amber alert

BENJAMIN ONG  |  WEDNESDAY, 17 FEB 2021
... infection from the coronavirus, it's the vertigo-inducing rally on Wall Street. After dropping to three-year lows in March last year, US equities have rocketed higher and higher to new highs. The S&P 500 index has risen by 75.8% to date from the ...

Chief economist update: Red metal turning red hot

BENJAMIN ONG  |  TUESDAY, 16 FEB 2021
... 7.1% addition to the 25.8% gain it notched up last year and a whopping 79.6% surge from the four-year low it plumbed in March 2020. Because of the red metal's copious and pervasive use in industries - from car manufacturing to electrical goods to construction ...

Industry fund awards $60m small caps mandate

KANIKA SOOD  |  MONDAY, 15 FEB 2021
... TWUSUPER chief investment officer Edward Smith. Eiger Capital was founded by Stephen Wood, Victor Gomes and David Haddad in March 2019. The trio previously worked together for eight years at UBS Asset Management on the $400 million UBS Australian Small ...

MMC acquires super fund administrator

KARREN VERGARA  |  MONDAY, 15 FEB 2021
... to expand its presence in Australia. MMC is now the owner of Brisbane-based IFAA Group after it first bought a stake in March 2020 of nearly 50%. The total consideration for both acquisitions were not disclosed. IFAA owns Superannuation Compliance Services ...

Banks return $1.2bn for bad advice

ELIZA BAVIN  |  FRIDAY, 12 FEB 2021
... services, and the failure of product issuers to switch off advice fees of customers who did not have a financial adviser. In March 2017 ASIC released findings from its review highlighting how the institutions identified and dealt with non-compliant advice ...

FPA calls for levy overhaul

ANNABELLE DICKSON  |  WEDNESDAY, 3 FEB 2021
... away from annual increases and provide a more consistent levy to reflect the capacity of the industry. ASIC predicted in March 2019 that the levy would be $907 but when the invoice was issued it had risen to $1142. Meanwhile, ASIC predicted in March ...

ASIC winds up Mayfair 101 debenture issuer

ELIZABETH MCARTHUR  |  MONDAY, 1 FEB 2021
... during 2019 and 2020 based on representations that funds invested would be fully secured, when they were not, ASIC said. In March 2020, M101 Nominees stopped repaying funds to investors and then it froze interest payments to investors from June 2020. ...

Future Fund increases cash again

KANIKA SOOD  |  WEDNESDAY, 27 JAN 2021
... negative return (-0.9%). The last time this happened was in FY09 when it returned -5.1%. In 2020, Future Fund returned -3.4% in March quarter, -0.7% in June quarter, 1.1% in September quarter and 4.9% in December quarter. The main fund increased its ...