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Showing 711 - 720 of 3289 results for "Above"

Link rejects revised offer

KARREN VERGARA  |  THURSDAY, 29 OCT 2020
... October 9, before the proposed takeover was announced to the market, Link shares traded at $3.99 per share. Shares have traded above $4.50 since the announcement.

Tasmania remains best performing state: CommSec

ANNABELLE DICKSON  |  MONDAY, 26 OCT 2020
... losers were Victoria, NSW and Queensland," he said. Victoria led the states with relative economic growth sitting 23.2% above its decade-average of output. Western Australia followed at 20.4%, ACT up 20.2%, Tasmania up 19.9% and Northern Territory up ...

ASIC chair steps aside pending pay review

JAMIE WILLIAMSON, KANIKA SOOD, ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
... Remuneration for the ASIC deputy chair is capped at $620,730. This would mean both Crennan and Chester may have been paid above the caps as well, by about $54,000 and $2700 respectively. "ASIC acknowledges the processes supporting the approval of these ...

AustralianSuper ratings slide at Morningstar

KANIKA SOOD  |  FRIDAY, 23 OCT 2020
... multisector strategies has risen under our enhanced analyst ratings framework, though this capability remains discernibly above-average." The note did not have fee data. AustralianSuper posted record member growth in FY20. It added 410,000 new members ...

Link rejects takeover offer

ELIZA BAVIN  |  FRIDAY, 23 OCT 2020
... including the proposed implementation. At this stage, these alternatives do not constitute fully formed proposals and, as noted above, a value of PEXA and Link Group (ex-PEXA) was not included in the proposal." Despite the unanimous decision against ...

Bendigo and Adelaide Bank overstates liquidity

ANNABELLE DICKSON  |  THURSDAY, 22 OCT 2020
... expected net cash outflow and overstated its liquidity position since January 2015. Despite the bank's liquidity sitting above the regulator's minimum requirements, APRA has enforced a 10% increase to the current liquidity coverage ratio which will remain ...

APRA, ASIC release life insurance stats

ELIZABETH MCARTHUR  |  TUESDAY, 20 OCT 2020
... average for claims accepted on life insurance through a financial adviser is 80.8%. AMP, CommInsure, MLC and Zurich were all above that average (CommInsure had the highest claims acceptance rate at 89%). Asteron, OnePath, TAL and Westpac were below the ...

American manager eyes local market

KANIKA SOOD  |  MONDAY, 19 OCT 2020
... over the medium to long term," he said. Welton Global delivered 12.9% in first quarter of 2020, and has delivered 8.1% p.a. above cash since full implementation of Welton's current strategy in October 2013 according to Brookvine chief executive Steven ...

BT terminates two funds

ELIZABETH MCARTHUR  |  MONDAY, 19 OCT 2020
... fewer investors continuing to remain invested and less new investors." The spokesperson added that the funds have delivered above benchmark performance after fees since inception. "The BT Partner Australian Shares Growth 1 Fund has delivered a since ...

Chief economist update: Money buys happiness

BENJAMIN ONG  |  THURSDAY, 15 OCT 2020
... result. The Index has now lifted by 32% over the last two months to the highest level since July 2018. The Index is now 10% above the average level in the six months prior to the pandemic." "Such a development must be attributable to the response to ...