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

Search Results

Showing 681 - 690 of 4056 results for "LIT"

Westpac earnings take hit

ANNABELLE DICKSON  |  MONDAY, 26 APR 2021
The bank has announced a $282 million hit to its statutory profit after an increase in customer refunds, software write-downs and accounting losses, ahead of its interim results. Westpac recorded $220 million in customer refunds, payments, associated ...

Chief economist: Of capital gains taxes, COVID-19 and climate change

BENJAMIN ONG  |  FRIDAY, 23 APR 2021
It's bad news day on Wall Street overnight with all four its benchmark equity market indices flashing red. The S&P 500, the DJIA and the Nasdaq dropped by 0.9% each, while the Russell 2000 had a smaller decline of 0.3%. The financial literati were ...

Afterpay reveals US plans, economic impact

JAMIE WILLIAMSON  |  WEDNESDAY, 21 APR 2021
With consumers in the US now contributing the most to Afterpay's business, the BNPL provider has set in motion plans to list there as new research shows the economic impact of the service. Revealed in a quarterly update yesterday, Afterpay is working ...

Centuria to merge with Primewest

ANNABELLE DICKSON  |  MONDAY, 19 APR 2021
Centuria Capital Group has entered a bid implementation deed to merge with Primewest, creating one of the largest real estate managers on the ASX with $15.5 billion in assets. Under the deal, Primewest shareholders will receive $1.51 per security made ...

Cairns women disadvantaged by super gender gap

KARREN VERGARA  |  MONDAY, 12 APR 2021
Industry Super Australia's modelling found that women from Cairns will retire with almost $40,000 less superannuation than men. These stark figures highlight the need to lift the super rate as legislated from 9.5% to 12%, ISA said. "Women on middle ...

Tax concessions failing women: Research

ANNABELLE DICKSON  |  TUESDAY, 6 APR 2021
The tax concession system is a contributing factor to gender inequality with most of the benefits flowing onto men, new research from the Australia Institute shows. Economic modelling commissioned by the Australia Institute from the Centre for Social ...

Unlisted assets deliver modest returns

KARREN VERGARA  |  WEDNESDAY, 31 MAR 2021
New research reveals that MySuper products with high weightings to unlisted assets provide modest returns but contribute lower volatility and higher autocorrelation. Rainmaker's latest RMetric report sought to find out if the performance of MySuper ...

AMP sees 245% jump in consumer interest

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 MAR 2021
AMP has reported a huge jump in the number of consumers visiting its website looking for free financial education articles. There was a 245% increase in total unique visitors to the AMP site, when comparing the first two months of 2020 to the first ...

Investment bonds a good alternative to Wills: GDG

KANIKA SOOD  |  FRIDAY, 26 MAR 2021
Investment bonds are the second-most effective investment solution after superannuation, and a good alternative to Wills, according to Generation Life senior distribution manager Laura Salsbury. Speaking at Financial Standard 's first Technical ...

Chief economist update: BOE not letting its guard down

BENJAMIN ONG  |  TUESDAY, 23 MAR 2021
"At its meeting ending on 17 March 2021, the Committee judged that the existing stance of monetary policy remains appropriate. The MPC voted unanimously to maintain Bank Rate at 0.1%. The Committee voted unanimously for the Bank of England to maintain ...