Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 681 - 690 of 2152 results for "Funding"

Budget commitment to aged care not good enough

ALLY SELBY  |  TUESDAY, 6 OCT 2020
... country's ageing Australians, but experts say the measures don't go far enough. The Treasurer announced the record funding would go towards an additional 23,000 at-home care packages, with further investment set to be announced following the ...

Frydenberg bets on infrastructure for recovery

KARREN VERGARA  |  TUESDAY, 6 OCT 2020
... support a further 40,000 jobs." Over the next two years, Frydenberg will allocate $2 billion to the Road Safety Program. "Funding for these shovel ready projects will be provided on a use it or lose it basis. If a state drags its feet, another state ...

Funding for housing to decrease

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
The government announced it would increase funding in housing and community amenities by 32.2% in 2020-21, but will then reduce that spending by 35.5% by 2023-24. It said the decrease will be primarily driven by the ending of the COVID-era HomeBuilder ...

Will Janus Henderson and Invesco merge?

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
... could find it tough to deliver EPS accretion to Invesco. "The level of debt used to fund the acquisition will be key to funding higher rates of accretion for IVZ and therefore a higher bid premium for JHG shareholders. Unlike, the recent Legg Mason deal ...

Calls for aged care overhaul

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... and out of mind." Duckett said Australia's top-down, provider centric aged care system is "a shameful mess" that lacks funding and is poorly regulated. "Merely adding further Band-Aids to a broken system is not enough. Australia needs to start again ...

Fintechs receive JobMaker funding boost

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
Fintechs and regtechs are among the beneficiaries of the Federal Government's $800 million package aiming to help businesses boost their digital capabilities as part of the JobMaker scheme. The JobMaker Digital Business Plan will give fintechs a $9.6 ...

Ratings deteriorate at AMP

ALLY SELBY  |  FRIDAY, 2 OCT 2020
... provides to AMP Bank's senior debt obligations." The bank's BCA is constrained by a high reliance on wholesale market funding, Moody's said, with a non-performing loans ratio of2.88%; "high relative to peers" reflecting the impairment of finance loans ...

Integrity Life raises $43m

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
... Daido Life. Smaller parcels came from Australian and international sophisticated investors in a recent series B round of funding. Integrity Insurance Group chair Eric Dodd said: "We are on a growth trajectory, despite the backdrop of COVID-19 and a possible ...

Super-backed company develops COVID treatment

ALLY SELBY  |  WEDNESDAY, 30 SEP 2020
... research for over 15 years. Statewide Super deputy chief investment officer Chris Williams told Financial Standard this funding was critical to getting Australia's best medical research out of the lab and into approved products and devices for patients ...

Chief economist update: Australia's third arrow

BENJAMIN ONG  |  WEDNESDAY, 30 SEP 2020
... central bank to lower the official cash rate from a record low 0.25% to 0.1%, and its three-year bond target and Term Funding Facility (TFF) to below 0.25%. October 6 is also the day when Federal Treasurer Josh Frydenberg is expected to announce a growth ...