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Showing 571 - 580 of 6512 results for "News"

Banks lose US$635 billion

ELIZA BAVIN  |  TUESDAY, 15 SEP 2020
Global banks have cumulatively lost around US$635.33 billion in market capitilisation between December 2019 and August 2020, according to research from Buy Shares. The data indicated that 14 of the world's largest major global banks have suffered ...

Chief economist update: Prime Minister Suga

BENJAMIN ONG  |  TUESDAY, 15 SEP 2020
... crisis and for each and every individual to have a safe and stable life...I recognise that I carry that mission". The good news for prime minister Suga is that while Europe appears to be experiencing a resurgence in COVID-19 infections, a number of countries ...

Super fund boss remuneration on the agenda

KARREN VERGARA, ELIZABETH MCARTHUR  |  FRIDAY, 11 SEP 2020
... has also been to assist the government in relation to its early release scheme payments...," he said. An investigation by News Corp found Elia was the highest paid chief executive last financial year, earning $1.19 million. He is followed by Silk, who ...

Investors welcome Rio resignations

ELIZA BAVIN  |  FRIDAY, 11 SEP 2020
... she said. Chief executive of the Responsible Investment Association Australiasia (RIAA), Simon O'Connor also welcomed the news of the executive changes. "Many investors were shocked by the destruction of this unique Aboriginal cultural heritage site ...

Super funds to face parliamentary grilling

ELIZA BAVIN  |  WEDNESDAY, 9 SEP 2020
... recommendations from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. The news comes after the committee called on the four big banks to discuss their response to the COVID-19 crisis. "The Economics ...

Millennials jump on COVID-19 volatility

ELIZA BAVIN  |  WEDNESDAY, 9 SEP 2020
Millennial investors have been undeterred by market volatility due to COVID-19, according to new research conducted by Calastone. The results of a survey of people in Australia, New Zealand, Hong Kong, UK, US and Germany, found a correlation between ...

Majority of ERS applications double dippers

ELIZA BAVIN  |  MONDAY, 7 SEP 2020
The majority of payments made through the government's Early Release of Super (ERS) scheme have been double dippers, according to the most recent APRA data. In the period from the scheme's inception until end of financial year, 2.54 million applications ...

Industry funds pledge $33bn for economy

ELIZA BAVIN  |  MONDAY, 7 SEP 2020
Industry super funds have announced a $33 billion pipeline to stimulate business activity and help restore the economy, according to Industry Super Australia. ISA said the capital expenditure was identified as part of a survey of industry super funds ...

Technology can ease adviser red tape: Academic

KARREN VERGARA  |  THURSDAY, 3 SEP 2020
... "trustworthy" again, she said. David Locke, the chief executive of AFCA, appeared briefly at the virtual congress signaling some good news that the industry could be on its way to regaining trust and trustworthiness. Locke said that AFCA receives very ...

Official recession not that scary: Economists

ELIZA BAVIN  |  THURSDAY, 3 SEP 2020
... contraction - driving it to its weakest growth since the end of World War 2. Deloitte Access Economics said despite the negative news, it is important to keep perspective as Australia has suffered significantly less damage than other nations as a result ...