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Showing 6391 - 6400 of 21771 results for "Dec"

Law firm slams insurer mental health policies

ELIZABETH MCARTHUR  |  FRIDAY, 14 AUG 2020
Slater and Gordon has criticised life insurers for proposing to dictate who can and can't access mental health treatment through their funding programs. Calls from the life insurance industry for regulatory freedom to allow life companies to be ...

Future Super ramps up direct equities

ELIZABETH MCARTHUR  |  FRIDAY, 14 AUG 2020
Ethical superannuation fund Future Super has increased its exposure to direct equities while staying true to its investment strategy. The fund has traditionally had almost all of its Australian equities exposure through the BetaShares Australian Sustainability ...

SG increase will impact wage growth: Lowe

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
Reserve Bank of Australia governor Philip Lowe said the legislated increase to the superannuation guarantee will impact wage growth and the government will need to weigh up the impacts of that. Speaking at the House of Representatives Standing Committee ...

ERS will impact those who didn't access super: REST

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
The effects of the government's Early Release of Superannuation scheme could result in a 25 basis point loss for those who didn't take advantage of the scheme, according to REST chief executive Vicki Doyle. Speaking at the FINSIA Future of Super webinar ...

Bloomberg launches ESG ratings

ALLY SELBY  |  FRIDAY, 14 AUG 2020
Bloomberg has launched proprietary environmental, social and governance (ESG) ratings, which it says will help to provide transparent, data driven insights into company performance. Initially, Bloomberg will offer environmental and social scores for ...

Cash earnings fall, MLC sale pending: NAB

ALLY SELBY  |  FRIDAY, 14 AUG 2020
National Australia Bank has reported a 7% fall in cash earnings to $1.55 billion for the third quarter, as the bank confirms it is still "actively exploring" options for the sale of its wealth management business. While a public market exit for the ...

Chief economist update: Second wave threatens an oil spill

BENJAMIN ONG  |  FRIDAY, 14 AUG 2020
Most things appeared to be going hunky-dory for the oil market in the second quarter of this year. OPEC+ production cuts plus the easing of social distancing and the re-opening of many businesses in an increasing number of countries around the world ...

Mixed results at Bjelke-Peterson estate sale

ELIZABETH MCARTHUR  |  THURSDAY, 13 AUG 2020
A Lloyds auction of the estate of controversial former Queensland premier Joh Bjelke-Peterson produced mixed results. One of the big ticket items was a piece of paraphernalia from 1969, when the astronauts who landed on the moon toured the world attending ...

FSU wants CBA to up pay

ELIZABETH MCARTHUR  |  THURSDAY, 13 AUG 2020
The Commonwealth Bank is in the final stages of enterprise bargaining, with the Financial Services Union using the bank's full year results as evidence rises are needed. Despite taking an 11.3% profit hit due to the impacts of COVID-19, CBA managed ...

Contango dumps investment strategy, opens raise

ANNABELLE DICKSON  |  THURSDAY, 13 AUG 2020
Martin Switzer's Contango Income Generator (CIE) fund has been forced to change its investment strategy due to underperformance as a result of lower dividend yields, saying its strategy is no longer appropriate. The manager of the fund, Contango Funds ...