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Showing 681 - 690 of 4539 results for "Dollar"

Super fund temporarily cuts fees

HARRISON WORLEY  |  TUESDAY, 7 APR 2020
... it comes to superannuation. Pair this with an abundance of people losing their jobs, and it's clear that every extra dollar counts," Venkatesan said. "We're not simply deferring fees for six months - we're waiving 50% of the fees altogether. ...

Super funds probed on liquidity, rental assistance measures

KANIKA SOOD  |  MONDAY, 6 APR 2020
... asked to provide figures on headcount of their members who had applied for the $10,000 withdrawal since March 12, and the dollar value. The committee is asking funds to break this down by people who have been approved, those who are awaiting a decision ...

Business unusual: COVID-19 threats facing real estate

ALLY SELBY  |  THURSDAY, 2 APR 2020
... said. "This selling-off had a material impact on REITs. Australia was impacted hardest in the region, down almost 50% in US dollar terms year to date, while Hong Kong has held up the best down 23%." The significant downturn in Australia was owed to the ...

Bigger balances, bigger blow: Elia

JAMIE WILLIAMSON  |  THURSDAY, 2 APR 2020
Speaking to Financial Standard, Hostplus chief executive David Elia has said it's the super funds with higher average account balances that should be worried about the impact of the early release scheme. Hitting back at public commentary suggesting ...

Chief economist update: AUD depreciation no cure for coronavirus

BENJAMIN ONG  |  THURSDAY, 2 APR 2020
... economic and financial market upheavals over the past three decades (or just about) chiefly thanks to the floating Australian dollar - doing what a floating currency do best... restoring economic equilibrium. The Australian dollar's depreciation ...

Statewide revises down investment objectives, ups fees

ELIZABETH MCARTHUR  |  TUESDAY, 31 MAR 2020
... options, with its MySuper offering maintaining an investment objective of CPI+ 3%. At the same time, the fund announced the dollar-based administration fee charged to accumulation and pension accounts will increase from $1.50 per week to $1.75 per week ...

No time to look back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
... firefighting efforts." Spivak said looking to the past can be helpful, particularly if you focus on the direction of the US dollar through previous crisis. "In 1987, rates were going up and so it made sense that USD was rallying on fairly conventional ...

Chief economist update: Honey, COVID-19 got me sacked

BENJAMIN ONG  |  FRIDAY, 27 MAR 2020
The numbers are in, and the US Economic Policy Institute's (EPI) estimate of unemployment claims, if not right on the dot, was way inside the ballpark. EPI estimated 3.4 million workers filed for unemployment in the week ended March 21, that it ...

Dow skyrockets in two-day winning streak

ALLY SELBY  |  THURSDAY, 26 MAR 2020
... survive the intervening period," he said. "Credit markets also moved higher yesterday, although it was noticeable that US dollar high yield debt is still close to its lows given that these companies are more likely to fall through the cracks in both ...

Hamish Douglass remains confident amid COVID-19 crisis

ALLY SELBY  |  FRIDAY, 20 MAR 2020
Magellan chair and chief investment officer Hamish Douglass believes COVID-19 could lead to near total economic shutdown, but says his global equities portfolio is well positioned to withstand the current volatile environment. To reduce risk, Douglass ...