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Showing 631 - 640 of 4538 results for "Dollar"

Chief economist update: US labour market turns V-shaped

BENJAMIN ONG  |  TUESDAY, 9 JUN 2020
... release of the May non-farm payrolls report on the 5th of June offered something concrete to bet investors' bottom dollar on. There's a V in there. US employment increased by 2.5 million in the month of May, a sharp V-shaped rebound from the ...

Government announces fresh crackdowns on foreign investments

ALLY SELBY  |  FRIDAY, 5 JUN 2020
Treasurer Josh Frydenberg has announced a major crackdown on foreign investment in Australia, including new overriding "last resort powers" which will allow him to force foreign divestment in exceptional cases. The reforms to the country's foreign ...

Red tape to slow recovery: Lowe

ELIZA BAVIN  |  FRIDAY, 29 MAY 2020
Reserve Bank of Australia governor Philip Lowe has called for de-regulation, warning excess regulation threatens the "dynamism" of the Australian economy. Speaking to the Senate Select Committee on COVID-19, Lowe said the past three months have been ...

FICAP sponsors donate $150k despite postponement

JAMIE WILLIAMSON  |  FRIDAY, 29 MAY 2020
The sponsors of the 2020 FICAP Who Wants to be a Rockstar fundraiser event have donated close to $150,000 to charity, despite the event having been postponed due to COVID-19. All 41 of the Financial Industry Community Aid Program's 2020 sponsors ...

Expats sweat as main residence CGT cut-off looms

ALLY SELBY  |  THURSDAY, 28 MAY 2020
Already facing a rapidly approaching deadline signaling the end of exemptions from capital gains tax, expats now face further challenges in selling their former family homes, with only COVID-19 to blame. Atlas Wealth Management managing director James ...

Super escapes COVID-19 hit

HARRISON WORLEY  |  WEDNESDAY, 27 MAY 2020
... of superannuation assets compared to not for profit (NFP) funds that hold half, each segment fell by about the same in dollar terms. Explaining this, APRA figures show retail super to have 24% exposure to Australian equities compared to just 15% by not ...

US regulator settles with Ares

KANIKA SOOD  |  WEDNESDAY, 27 MAY 2020
Ares Management LLC, which has a joint venture with Challenger's Fidante Partners in Australia via a related company, has paid US$1 million to settle charges alleging it traded in a portfolio company based on non-public information while an employee ...

Chief economist update: V could still become W

BENJAMIN ONG  |  WEDNESDAY, 27 MAY 2020
... in economic activity. Although they have limited the extent of the downturn, I remain doubtful whether the trillions of dollar spent by central banks and fiscal authorities could have turned around investor sentiment this early. In my book it's the ...

Australia only needs 15 super funds: Consultant

HARRISON WORLEY  |  TUESDAY, 26 MAY 2020
It is in the best interests of members for the number of superannuation funds serving Australians to be drastically reduced, according to a new report. Management consulting firm Right Lane is calling on high-cost super funds to urgently wed themselves ...

USD exposure benefits investors: ETF Securities

ELIZA BAVIN  |  TUESDAY, 26 MAY 2020
... Typically, cash holdings are used for liquidity and downside protection, with Australian investors mostly using the Australian dollar." For most Australian investors holding at least 70%-80% of their assets in Australian dollar, adding exposure to currency ...