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

Search Results

Showing 7551 - 7560 of 28273 results for "NOT"

Profound uncertainty remains: IMF

ELIZA BAVIN  |  THURSDAY, 18 JUN 2020
... possible that with pent-up consumer demand there will be a quicker rebound, unlike after previous crises. However, this is not guaranteed in a health crisis as consumers may change spending behavior to minimize social interaction, and uncertainty can ...

APRA ditches property revaluation requirement

ELIZA BAVIN  |  THURSDAY, 18 JUN 2020
... requirements. "Given these considerations and the intention to remove the revaluation requirement, APRA is clarifying that ADIs will not be expected to revalue residential mortgage properties for the purpose of meeting APS 112 Attachment C paragraph ...

Chief economist update: COVID-19 nightmare makes Brexit a dream

BENJAMIN ONG  |  THURSDAY, 18 JUN 2020
... 9.1% (single coronavirus hit) and 10.4% (double hit) from the OECD - suggest further slowdown in domestic consumption. It is not surprising, therefore, that financial markets expect the BOE to increase its bond purchases by another £100 billion when ...

Industry fund in successor fund transfer

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JUN 2020
... chosen as the apex fund for its significant adviser distribution base and reputation in the advice sector. Smartsave is also not aligned to any particular industry or profession. LESF, along with its sub-plans, is home to 28,500 accounts and had seen ...

Melbourne boutique partners with Swiss bank

KANIKA SOOD  |  WEDNESDAY, 17 JUN 2020
... down a distribution lead from its Geneva office to Australia to establish relationships for its existing funds. Bell will not receive any fees for this. The relationship started when UBP cast its net for a global small/mid cap manager to add to its lineup. ...

Public super fund rejigs offering

KANIKA SOOD  |  WEDNESDAY, 17 JUN 2020
... force to be with the fund, which is managed and administered by the Commonwealth Superannuation Corporation. The fund does not have insurance. Serving defence personnel use ADF's automatic cover for death and invalidity benefits. Starting July 6, the ...

Pessimism strikes Australia, US optimistic

ELIZA BAVIN  |  WEDNESDAY, 17 JUN 2020
Financial professionals in the United States are optimistic about a market recovery, while pessimism is highest in the Asian region where professionals are forecasting double-digit losses, according to Natixis. In its most recent Natixis Investment ...

AustralianSuper gives Rio Tinto slap on the wrist

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUN 2020
... Bloomberg webinar. Asked whether AustralianSuper might sell down even part of their holding in Rio Tinto if the company was not responsive to engagement, Delaney said it was unlikely. "I don't think we're at that position yet. The company has ...

Chief economist update: The power of money (and a cure)

BENJAMIN ONG  |  WEDNESDAY, 17 JUN 2020
... by a team from Oxford University where ~2000 hospital patients were given dexamethasone compared to more than 4000 who did not receive dexamethasone. "For those on ventilators, the death risk was cut to 28% from 40%. For those on oxygen, the risk of ...

FASEA extension passes

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUN 2020
... amendment Patrick sought deals with a loophole that allows some large corporations on an 'exempted companies' list to not file financial records with ASIC. He argued an amendment to the omnibus bill was necessary so that these companies were ...