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Showing 691 - 700 of 2375 results for "Majority"

Business unusual: COVID-19 threats facing real estate

ALLY SELBY  |  THURSDAY, 2 APR 2020
... across Australia as unemployment and underemployment materially increase," he said. "And this is the first problem for the majority of people when they buy an investment property because the key driver is long-term capital growth and not cash flow." ...

Bigger balances, bigger blow: Elia

JAMIE WILLIAMSON  |  THURSDAY, 2 APR 2020
... out. The spreadsheet sent along with the request was due back to APRA on March 30. "Speaking on behalf of probably the majority of funds, it's not a liquidity issue. We've got billions and billions of dollars in listed assets and we haven't ...

BGH Capital, Canadian pension fund shelve NZ acquisition

KANIKA SOOD  |  WEDNESDAY, 1 APR 2020
... Australian dental practices were temporarily closed on Monday while the New Zealand practices have been closed since March 24. Majority of its staff in the two countries have or will be stood down but some practices may operate to offer emergency services. ...

Your super is safe with us: Silk

ELIZA BAVIN  |  MONDAY, 30 MAR 2020
... they're focussed on you and your super," Silk said. Silk told customers that its balanced investment option, where the majority of members have their super, is now returning negative 7.4% on a financial year basis as a result of the market volatility. ...

Court confirms Storm Financial founders breached duties

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
... against the regulator's original decision by Storm Financial directors Emmanuel and Julie Cassimatis. In a two-to-one majority, the appeal was dismissed finding the duo breached their duties as directors of an AFSL. The court said the Cassimatis' ...

APRA heat map update in doubt

HARRISON WORLEY  |  MONDAY, 23 MAR 2020
APRA's June update to the MySuper heat map is in question, as the prudential regulator suspends the majority of its supervisory and policy initiatives to zero in on the health of its regulated entities amid COVID-19. The prudential regulator has ...

Call for pause on default insurance changes

HARRISON WORLEY  |  FRIDAY, 20 MAR 2020
... fund, and with inactive accounts for a period of 16 consecutive months. While some provisions are already in force, the majority of the reforms is set to take effect from April 1, putting vulnerable Australians at risk, according to Slater and Gordon ...

APRA locks in mid-year heat map update

HARRISON WORLEY  |  THURSDAY, 19 MAR 2020
... chair Helen Rowell said at the time. Industry funds fared best in the first iteration of the heat map, and formed the majority of products given the all clear by the regulator.

Afterpay coughs up $1.5m over US loans

ALLY SELBY  |  TUESDAY, 17 MAR 2020
... Following an investigation into the service, the DBO found Afterpay had provided "illegal loans" to its customers, the majority of which were "young consumers who are unable to qualify for traditional financing options like credit cards". "After an inquiry ...

Life insurers are doing their best: FSC

ELIZABETH MCARTHUR  |  THURSDAY, 12 MAR 2020
... resulted in improvements in the industry. "In addition, FSC/KPMG data shows that life insurers decide the overwhelming majority of claims in favour of customers: 92% of all claims assessed are paid in the first instance," the FSC said.