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Showing 7181 - 7190 of 28267 results for "NOT"

Chief economist update: Gone fishing

BENJAMIN ONG  |  MONDAY, 24 AUG 2020
... the low levels of debt and their credit ratings. I understand why they do that, but I think preserving the credit ratings is not particularly important; what's important is that we use the public balance sheet in a time of crisis to create jobs for ...

Boe Pahari steps down

ELIZA BAVIN  |  MONDAY, 24 AUG 2020
... Murray said. "However, it is clear to me that, although there is considerable support for our strategy, some shareholders did not consider Pahari's promotion to AMP Capital chief executive to be appropriate." "Although the board's decision on ...

Dividend cuts not as bad as expected

KANIKA SOOD  |  FRIDAY, 21 AUG 2020
Most people expected dividends to fall by 30% this year, but company payouts this earnings season have been decent, says Ausbil. Ausbil's Michael Price, who manages its active dividend income fund, said in general, the firm has been pleasantly surprised ...

Westpac offloads vendor finance business

ALLY SELBY  |  FRIDAY, 21 AUG 2020
Westpac has sold its vendor finance business to a New York-headquartered private equity firm, in the first sale from the bank's strategic review stable. Cerberus Capital Management has acquired Westpac's Strategic Alliances, with the equipment ...

Retail investors surpass one million

ALLY SELBY  |  FRIDAY, 21 AUG 2020
The retail investor population has surged 41% since the beginning of the year, with now more than one million punters trying to profit from recent market volatility. In Investment Trends 2020 1H Online Investing Report, the research house found the ...

Suncorp wealth business down

ELIZA BAVIN  |  FRIDAY, 21 AUG 2020
... business could deliver on its commitment to shareholders. "While our financial performance, particularly in the second half, has not been immune from the negative impacts of COVID-19, there were a number of highlights which demonstrate the Group has ...

Presidents don't move markets much: S&P

ELIZABETH MCARTHUR  |  FRIDAY, 21 AUG 2020
... election fast approaching, S&P took a look at how elections typically influence the S&P 500. And, it turns out presidents might not be as influential as Donald Trump would like to think. Looking at data from 1928 to 2016, the S&P 500 rose in the vast ...

ASIC takes action against RI Advice

ELIZABETH MCARTHUR  |  FRIDAY, 21 AUG 2020
... 155 hours logged into the server, which contained sensitive client information including identification documents. FFG did not detect the FFG breach until 16 April 2018, more than three months after it had commenced," ASIC said. In 2018, ASIC said RI ...

ASIC takes action against BTFM, Asgard, StatePlus

JAMIE WILLIAMSON  |  THURSDAY, 20 AUG 2020
... overcharging is a result of Asgard outsourcing services to an offshore third-party service provider, Genpact Australia, which did not have access to Asgard's Application For Service 2 (AFS2) system which couldn't process changes to ongoing fees ...

Spaceship raises $10m in capital raise

KANIKA SOOD  |  THURSDAY, 20 AUG 2020
Superannuation and investing startup Spaceship has raised $10 million from existing investors including from Atlassian billionaire Mike Cannon-Brookes' family office. The raise was offered to existing shareholders, as foreshadowed by Financial Standard ...