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

Search Results

Showing 7361 - 7370 of 28273 results for "NOT"

Chief economist update: Australian outlook under COVID-19

BENJAMIN ONG  |  FRIDAY, 24 JUL 2020
... the unemployment rate to peak at around 9.25% in the December 2020 quarter before easing to 8.75% in the June 2021 quarter. Not only that, the budget blowout has not stirred nor shaken credit rating agencies. S&P Global Ratings maintained Australia's ...

Non-bank lender winds up fund

KANIKA SOOD  |  THURSDAY, 23 JUL 2020
... advised the fund's responsible entity One Managed Investment Funds to wind up the fund as it took the view the objective had not been accomplished and can't be in the future. "The Fund has not been able to reach an appropriate critical mass to operate ...

Early release of super extended

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 23 JUL 2020
... government $2.22 billion over the forward estimates, it said. The rules remain similar: people accessing their superannuation will not need to pay tax on amounts released and the money they withdraw will not affect Centrelink and Veterans' Affairs ...

Fund manager outflows spread into June quarter

KANIKA SOOD  |  THURSDAY, 23 JUL 2020
Outflows at ASX-listed funds management businesses like Pendal, Platinum and Perpetual slowed in June quarter but continued, with Magellan the only one in net inflows. Pendal Group reported net outflows of $2.5 billion in June quarter, followed by $723 ...

Pension funds apply pressure on climate change

ELIZABETH MCARTHUR  |  THURSDAY, 23 JUL 2020
... Treasurer, Praxis Mutual Funds and Seattle City Employees' Retirement System. The letter was also signed by a number of not for profit organisations and individuals. It comes after the US Department of Labor sought to restrict the rules on how pension ...

Domestic violence super reforms stall

ALLY SELBY  |  THURSDAY, 23 JUL 2020
... on the ATO, Treasury and ministerial staff to implement the $3.3 million scheme, which was due to begin on July 1 but has not yet been delivered. The scheme, announced as part of the Women's Economic Security Statement, aimed to give women a better chance ...

UBS to cough up $14m over bond bungle

ALLY SELBY  |  THURSDAY, 23 JUL 2020
... broker-dealers at a profit. The SEC found that UBS registered representatives knew or should have known that flippers were not eligible for retail priority. It also found that these representatives facilitated 2000 trades with flippers, allowing the ...

Super fund COVID-19 requirements to remain

ANNABELLE DICKSON  |  THURSDAY, 23 JUL 2020
... the time period between receipt of claim and claim determination. In the case of ineligible or false ERS claims, they are not to be reported in this collection. In regards to the quarterly reporting, trustees do not need to report on the foreign assets ...

ASIC will not appeal wagyu and shiraz decision

ANNABELLE DICKSON  |  THURSDAY, 23 JUL 2020
The corporate regulator has announced it will not appeal to the High Court's rejection ofits case against Westpac for alleged responsible lending breaches. ASIC commenced federal court proceedings against Westpac in 2017 alleging that between December ...

Financial services jobs show signs of recovery

ELIZA BAVIN  |  THURSDAY, 23 JUL 2020
... such a strong focus on tourism, one might have expected Queensland's falls to have been above the national norm. But this has not been the case," Parker said. "This may be because of the time of year that the virus spread. Queensland's strength in the ...