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Showing 651 - 660 of 6513 results for "News"

Bezos adds billions

ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
Amazon founder Jeff Bezos added US$13 billion to his net worth in a single day marking the largest single day jump for an individual, according to the Bloomberg Billionaires Index. The spike in wealth was due to a near 8% spike in Amazon shares, due ...

No returns in sight for AAP investors

ALLY SELBY  |  TUESDAY, 21 JUL 2020
... said, including professionals from media, finance and law. The 35 members of the consortium won't have any control over the news outlet, he said, with the company set up so that no one could ever benefit from a future sale. "The company is governed by ...

Stimulus, ERS pushes spending up 17%

ELIZABETH MCARTHUR  |  TUESDAY, 21 JUL 2020
New research has demonstrated the impact of the government's stimulus package and early release of superannuation program, with a sharp uptick in consumer spending. The data from illion and AlphaBeta, part of Accenture, found consumer spending in Australia ...

Opportunities in EM debt rebound: Eaton Vance

ALLY SELBY  |  TUESDAY, 21 JUL 2020
... market sector. Buoyed by central bank and governmental policy responses around the world and a general perception that "bad news" was already priced in, investors drove asset prices higher during the quarter, Eaton Vance said. The three main EM debt ...

JobKeeper, JobSeeker to be extended

ELIZA BAVIN  |  TUESDAY, 21 JUL 2020
Businesses and individuals will continue to receive additional government support beyond September, with Prime Minister Scott Morrison announcing an extension to the stimulus support package. JobKeeper is set to be extended until March 2021 and has ...

Aussie equities stage recovery

ELIZA BAVIN  |  TUESDAY, 21 JUL 2020
Australian equities staged a recovery from its first quarter slump as a result of the COVID-19 pandemic, according to the latest research from Rainmaker. In its most recent Vantage Point report, Rainmaker data shows Australian equities rebounded to ...

Aware Super unaware of members with disabilities

KANIKA SOOD  |  MONDAY, 20 JUL 2020
... said she had not received any direct communication from the fund regarding the brand change. Upon reading about it in the news, she tried to look for more information on it from the fund and came upon a video posted on First State Super's Vimeo ...

ERS payments approach $30bn mark

ELIZA BAVIN  |  MONDAY, 20 JUL 2020
Applications for the Early Release of Super (ERS) scheme have hit $28 billion, with funds having so far paid out $25.3 billion since the start of the scheme. APRA's data shows that since the launch of the ERS scheme is April this year, over 2.8 million ...

Chief economist update: China recovery would have been good for Oz

BENJAMIN ONG  |  MONDAY, 20 JUL 2020
... "advised" its people not to tour and/or study in Australia, the COVID-19 is doing the Politburo's work. According to news.com.au: "It's been estimated that 260,000 Chinese students enrolled in Australia bring in about $12 billion a year in revenue ...

IFM pledges to kickstart COVID-19 recovery

ELIZABETH MCARTHUR  |  FRIDAY, 17 JUL 2020
Industry super owned IFM Investors has a plan for infrastructure investing that it says could save the Australian economy from COVID-19. The $140 billion investment manager owned by 27 industry funds has proposed the Building Australia Model as a means ...