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Showing 701 - 710 of 3396 results for "ABS"

Chief economist update: Australia succumbs to pandemic-induced recession

BENJAMIN ONG  |  THURSDAY, 3 SEP 2020
... informed - we were already feeling it deep right through our bone marrows - but the Australian Bureau of Statistics' (ABS) latest National Accounts report made it official, Australia is in recession! Australian economic growth contracted by 7.0% ...

Official recession not that scary: Economists

ELIZA BAVIN  |  THURSDAY, 3 SEP 2020
... source of uncertainty," he said. "The fall in GDP over Q2 20 was the biggest quarterly contraction in output according to the ABS records which date back to 1959. It is a headline grabbing statistic that will live long in the memory. "But nobody should ...

Sydney boutique wins $300m QIC mandate

KANIKA SOOD  |  TUESDAY, 1 SEP 2020
... committed. It invests predominantly in senior secured assets such as corporate leveraged loans, private asset backed securities (ABS) and real estate loans. "In terms of deal flow, what we have witnessed over the last two to three months is that the ...

Cbus pledges net zero emissions

ANNABELLE DICKSON  |  MONDAY, 31 AUG 2020
The $54 billion construction industry fund is planning to cut 45% of absolute portfolio emissions by 2030 and is aiming for net zero emissions by 2050 by removing high-risk climate holdings. Under Cbus' new Climate Change Roadmap, the fund will develop ...

Chief economist update: COVID-19 cuts capex

BENJAMIN ONG  |  MONDAY, 31 AUG 2020
... as, itself, being a driving component of that growth. So it was surprising when the Australian Bureau of Statistics' (ABS) 'Private New Capital Expenditure and Expected Expenditure, Australia, June 2020' report made few headlines and almost ...

Facebook, Google face crypto class action

ANNABELLE DICKSON  |  WEDNESDAY, 26 AUG 2020
Sydney-based law firm JPB Liberty has filed a class action against Facebook and Google for the losses suffered by Australian cryptocurrency providers after their bans on cryptocurrency advertising. JPB Liberty is seeking damages for the losses the cryptocurrency ...

Australian Unity investments GM to depart

KARREN VERGARA  |  TUESDAY, 25 AUG 2020
The executive general manager of investments at Australian Unity Wealth is departing in mid-September as the business looks to restructure the role and the responsibilities of the chief executive. Geraldine Barlow joined Australian Unity in May 2016 ...

New 'cash plus' style sovereign bond fund

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
Jamieson Coote Bonds has launched an absolute return fixed income fund aiming to deliver 2.5% above cash rate while investing only in sovereign debt. The CC JCB Dynamic Alpha fund will hold high-grade sovereign bonds from G7 nations and Australia, with ...

K2 Asset Management reports loss

KANIKA SOOD  |  FRIDAY, 14 AUG 2020
K2 Asset management posted $709,857 in after tax loss for FY20, saying returning the firm to profitability is the priority and recent tie ups will be fundamental drivers for growth. All five of K2's funds had negative absolute returns for FY20, ranging ...

Top performing Aussie equity funds unveiled

ANNABELLE DICKSON  |  FRIDAY, 14 AUG 2020
Australian Unity, Lakehouse and Plato were among the Australian equity wholesale managed funds that managed to outperform the index in the latest Rainmaker Information analysis to June end. Australian Unity Platypus Australian Equities came out on top ...