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Showing 6031 - 6040 of 28263 results for "NOT"

Chief economist update: Iron ore is the glue that binds China and Australia

BENJAMIN ONG  |  TUESDAY, 11 MAY 2021
... (53.8%). Supply from Rio de Janeiro - where Vale S.A. (the country's largest iron ore miner) has its headquarters - is not expected to return to normal until June this year. Vale produced only 68 million tonnes in the January-March period, below ...

ASIC cracks down on investment guru

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
... cancelled by ASIC. Dominique Grubisa lost her licence for her company Master Wealth Control on the basis that the business was not engaging in the credit activities it was authorised to. ASIC is allowed to cancel a credit licence if the licensee has ...

Budget to boost home ownership rates

JAMIE WILLIAMSON  |  MONDAY, 10 MAY 2021
... deputy chief executive Glen McCrea saying: "Importantly, because of its focus on voluntary contributions, the FHSS scheme will not impact on the primary role of super being savings for retirement." Master Builders Australia also commented, saying using ...

Sunsuper raises ICR by 19bps

KANIKA SOOD  |  MONDAY, 10 MAY 2021
... transactions. "Different funds have different methodologies in the classification of investment fees and costs. Where Sunsuper is not paying the investment performance expenses directly, our interpretation of the reg[ulatory] disclosure requirements ...

Statewide not contesting ASIC allegations

KANIKA SOOD  |  MONDAY, 10 MAY 2021
The $10.8 billion industry fund will not contest ASIC's March allegations against the fund regarding administration of group insurance policies. O n March 4, the corporate regulator commenced civil penalty proceedings against Statewide alleging it had ...

Jarden and Nomura form alliance

KARREN VERGARA  |  MONDAY, 10 MAY 2021
... standalone corporate advisory and capital markets businesses in Australia and New Zealand. The firms confirmed that this is not a merger; the alliance aims to provide greater global reach, product expertise and capital commitment for all clients of both ...

Investec fund in management buyout

KARREN VERGARA  |  MONDAY, 10 MAY 2021
... investor in the IEC Fund); some 20% is owned by an offshore investment company backed by a high-net-worth investor Phillips did not name. Investec remains the single largest investor in the fund with its $17 million stake. Other shareholders have committed ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 10 MAY 2021
... suggesting that interest rates may need to rise to avoid overheating due to fiscal stimulus. Yellen explained that she did not predict nor recommend a lift in interest rates and that she agreed with Fed Chairman Jerome Powell's view that while measured ...

Housing market reaches new heights

ANNABELLE DICKSON  |  FRIDAY, 7 MAY 2021
The residential real estate market in Australia is estimated to have surged above $8 trillion, new analysis from CoreLogic shows. The housing market now stands at $8.1 trillion with the increase in value following capital gains in real estate markets ...

Macquarie posts $3bn profit, makes hire

ANNABELLE DICKSON  |  FRIDAY, 7 MAY 2021
Macquarie Group recorded a 106% increase in statutory profit to $3 billion from the first half of the year in its full-year results and named the chief executive of Macquarie Asia. The ASX-listed group's profit was a 10% increase on FY20 and 68% ...