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Showing 621 - 630 of 4538 results for "Dollar"

Chief economist update: The post-pandemic problem

BENJAMIN ONG  |  THURSDAY, 2 JUL 2020
"This is a once-in-a-100 year type event, we haven't seen this sort of thing in Australia since the end of the first World War..." This was how Australian Prime Minister Scott Morrison described the coronavirus outbreak shortly after the World Health ...

Challenges abound as super poises for COVID-19 recovery

ALLY SELBY  |  TUESDAY, 30 JUN 2020
... invest in the economic recovery to create risk adjusted returns for members and generate employment, Atkin said. "For every dollar that is invested back into the building industry, it generates three more jobs in the industry," he said. "So the SG increase ...

SG does wonders for households: Research

JAMIE WILLIAMSON  |  MONDAY, 29 JUN 2020
... estimates of net saving vary, most point to a sizable positive effect. Broadly speaking, studies have found that for each dollar of saving via compulsory superannuation, net saving is likely to be no less than 60 cents, and possibly much higher," the ...

Melbourne boutique appoints head of distribution

KANIKA SOOD  |  TUESDAY, 23 JUN 2020
... Management and Antipodes among others. He is known to the L1 team from when Seed advised on the boutique's billion-dollar listing of the L1 Long Short Fund on the ASX (LSF), which is still the largest LIC IPO in Australia. "We have known Chris for ...

EM winners, losers emerge in COVID-19 struggle

ALLY SELBY  |  FRIDAY, 19 JUN 2020
... local currency. "That has been Brazil's experience this time as well, as the real slumped as much as 30% against the US dollar." He also argued India had underperformed in its response to the spreading virus. "A key measure for EM progress will be which ...

AustralianSuper gives Rio Tinto slap on the wrist

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUN 2020
... relation to it blowing up a 40,000 year old Aboriginal heritage site, but the fund won't be selling down its $1 billion dollar stake. AustralianSuper chief investment officer and deputy chief executive Mark Delaney revealed the country's largest ...

Chief economist update: The power of money (and a cure)

BENJAMIN ONG  |  WEDNESDAY, 17 JUN 2020
"...and I think to myself, what a wonderful world." -- Louis Armstrong It seems a long, long time ago but it's only been three whole trading days (June 11) since Wall Street suffered a big fall - the day US benchmark equity indices closed sharply ...

ERS payments reach $15bn

ELIZA BAVIN  |  MONDAY, 15 JUN 2020
... close to $2 billion to its members. Hostplus, Rest and Sunsuper are the only other funds to have surpassed the billion dollar mark. The 10 funds with the highest number of applications received from the ATO have made 1.33 million payments worth a total ...

Super fund calls for government support

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
Crescent Wealth board director and former Liberal party leader John Hewson called for the government to introduce a 30-50 year guaranteed infrastructure bond. He said a government guaranteed bond would allow super funds to generate investment returns ...

BetaShares to list hedged versions of global stocks ETFs

KANIKA SOOD  |  WEDNESDAY, 10 JUN 2020
... is what we are seeing -- at the moment -- there is a very significant increase in demand for hedged [funds]. Australian dollar fell significantly to under 65 cents and has bound back to 70 [and] that extra volatility it adds to portfolio is not always ...