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Showing 7671 - 7680 of 28273 results for "NOT"

Receivers appointed to Mayfair 101 entity

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAY 2020
... unnecessary destruction of value for investors in the IPO Wealth Fund," Mayfair 101 said in a statement. It added that Vasco did not understand the steps that Mayfair 101 had already taken to protect investors and portfolio companies. "Despite contrary ...

Super fund to remediate members

KANIKA SOOD  |  WEDNESDAY, 27 MAY 2020
... internally identified performance discrepancy within the fund's cash and Australian bonds investment holding i.e. it is not a Unit Pricing issue and does not affect every member," REI Super chief executive Jarrod Coysh told Financial Standard. The ...

Equities attractive in search for yield: Zenith

ELIZA BAVIN  |  WEDNESDAY, 27 MAY 2020
Australian equities have not been immune to the effects of COVID-19, with company earnings taking a material hit, despite the equity market rallying from its lows in mid to late March, according to Zenith Investment Partners. Zenith said a flow on effect ...

The future is fast arriving: BlackRock

ALLY SELBY  |  WEDNESDAY, 27 MAY 2020
... become key." The acceleration of deglobalisation could also add to the risk of inflation, it said. "The overall impact is not yet clear, and the greater risk of higher inflation in the long-run is so far not reflected by market pricing," the Institute ...

Chief economist update: V could still become W

BENJAMIN ONG  |  WEDNESDAY, 27 MAY 2020
... central banks and fiscal authorities could have turned around investor sentiment this early. In my book it's the easing, not of monetary and fiscal policies, but of social isolation and lockdown restrictions in one country to another we have to be ...

Government offers guidance provision relief

HARRISON WORLEY  |  TUESDAY, 26 MAY 2020
Company directors will not be liable for missing financial guidance targets for the next six months, after the government temporarily amended continuous disclosure provisions to help firms through COVID-19. The amendments, introduced today, ensure companies ...

Australia only needs 15 super funds: Consultant

HARRISON WORLEY  |  TUESDAY, 26 MAY 2020
... fair enough and are hard to argue against, though pointed out the firm appeared to focus on MySuper, thus tilting it toward not-for-profit funds. "It's hard to have a serious debate about efficiency in the superannuation industry if you don't ...

TPB cracks down on 74 tax practitioners

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAY 2020
... audited annually by an approved SMSF auditor before a return can be lodged. SAN misuse may indicate that the audit itself was not conducted properly or that the SMSF trustee is trying to cover up actions that are not compliant with the strict laws governing ...

Banks accused of violating worker ethics

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAY 2020
... Ursula, said she had been bullied by a manager to such a degree that she had to take extended leave after seeing a doctor. It is not clear where she works. Other workers in the report said they'd seen psychologists because of workplace bullying and pressure. ...

Sole purpose test poses SMSF rent relief issue

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAY 2020
... to those facing financial hardship could mean they fail to meet the sole purpose test. Breaching the sole purpose test is not the only issue SMSF trustees could run into when attempting to provide rent relief for struggling tenants. The prohibition against ...