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Showing 721 - 730 of 4001 results for "Cut"

No evidence lower SG will result in higher wages: ACTU summit

ELIZA BAVIN  |  MONDAY, 28 SEP 2020
... the politicians are not showing solidarity with Australian workers. "We clearly are not all in this together. They haven't cut their own salaries, and here they are wanting to maintain their 15.6% super payments but are denying everyone else the transition ...

Chief economist update: Rents under covid

BENJAMIN ONG  |  MONDAY, 28 SEP 2020
Australian landlords aren't all rejoicing. Yes Virginia, we're all aware this is happening in this land "girt by sea" under pandemic but the Reserve Bank of Australia (RBA) has actually put facts and figures behind this in its September 2020 ...

S&P launches sustainable versions of flagship indices

ELIZA BAVIN  |  FRIDAY, 25 SEP 2020
S&P Dow Jones Indices (S&P DJI) has launched sustainability screened versions of its core US equity indices. The new series includes the S&P 500 Sustainability Screened Index, the S&P MidCap 400 Sustainability Screened Index, and the S&P SmallCap 600 ...

MLC cuts fees, commissions

ELIZABETH MCARTHUR  |  FRIDAY, 25 SEP 2020
MLC has cut fees and commissions on its platform for MLC MasterKey Investment Service and MLC MasterKey Unit Trust. For MLC MasterKey Investment Service the administration fee on the cash fund will reduce from 0.81% to 0.55%. The admin fee for the MLC ...

Chief economist update: October rate cut?

BENJAMIN ONG  |  THURSDAY, 24 SEP 2020
... the Australian Industry Group's (AiG) September 22 virtual conference, predicting that the Australian central bank will cut interest rates when the board next meet on October 6. According to Bill: "In a speech yesterday the deputy governor of the ...

Praemium to acquire remaining Powerwrap shares

ALLY SELBY  |  MONDAY, 21 SEP 2020
Praemium is set to add to its 92.31% stake in Powerwrap, as it moves to acquire its outstanding shares on issue. Compulsory acquisition notices will be dispatched to Powerwrap shareholders tomorrow, Praemium says, unless they accept the offer by 7.00pm ...

Chief economist update: China's post-pandemic economy

BENJAMIN ONG  |  WEDNESDAY, 16 SEP 2020
... lowered its benchmark lending rate just twice so far this year - in February by 10 bps and in April by 20 bps - to 3.85% and cut its reserve requirement ratio for big banks by a total of 200 bps from 13% at the end of 2019 to 11% by May this year. While ...

Super fund tops up Tribeca mandate

KANIKA SOOD  |  FRIDAY, 11 SEP 2020
Jun Bei Liu's long/short Australian equities fund has won a $300 million top up from a superannuation fund, as it inches back towards its old size. UniSuper recently added about $300 million to its allocation to Tribeca Alpha Plus Fund and now has ...

ASIC can use RC evidence in RI Advice case

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 SEP 2020
RI Advice, an IOOF subsidiary, has failed in its attempt to stop ASIC using Royal Commission evidence in its ongoing case against the dealer group. ASIC's case against RI Advice and one of its former financial advisers, John Doyle, is currently playing ...

Chief economist update: The second oil price discounting wave

BENJAMIN ONG  |  WEDNESDAY, 9 SEP 2020
... taking a second bite on oil price discounting. Bloomberg reports that, Saudi Arabia's state producer, Saudi Aramco, has cut its key Arab Light grade of crude pricing by a "larger-than-expected amount for shipments to Asia, its main market. It also ...