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Showing 751 - 760 of 4001 results for "Cut"

Chief economist update: Second wave turning our V into a W

BENJAMIN ONG  |  FRIDAY, 21 AUG 2020
... logistical issues." " The rate at which delivery times lengthened was severe overall. Australian manufacturers continued to cut back on staff, with headcounts shrinking for a ninth month in a row. The latest fall was the softest since March, however". ...

REITs better value than bonds, equities: LaSalle

ALLY SELBY  |  WEDNESDAY, 19 AUG 2020
... many listed entities accessed their lines of credit, suspended non-essential capital expenditures, and some or suspended or cut dividends," Kaufman said. "In normal times, announcements like these would be scary, but given the level of uncertainty surrounding ...

Chief economist update: Second wave threatens an oil spill

BENJAMIN ONG  |  FRIDAY, 14 AUG 2020
... recently, New Zealand - have prompted renewed social distancing restrictions and business shutdowns. While OPEC+ has adjusted (cut) the oil supply to maintain current prices, COVID-19's second bite at the global economy threatens to weaken demand ...

Super fees hit record lows: Research

JAMIE WILLIAMSON  |  THURSDAY, 13 AUG 2020
Fees across all super fund types dropped to record lows last financial year, according to a recent study conducted by Rainmaker. The key finding of a review of 2720 products offered by 169 super funds, super fees came in at a total of $29.6 billion ...

ASFA sets out productivity plan

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
The Association of Superannuation Funds of Australia (ASFA) has released a six-step plan aiming to drive industry-wide productivity gains in superannuation. ASFA said it hopes to boost productivity gains as the impact of COVID-19 continues to disrupt ...

CBA profit takes hit, dividend cut

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
The Commonwealth Bank has announced an 11.3% profit hit due to the effects of the COVID-19 pandemic and slashed its dividend by 31%. The bank announced its FY20 results, saying it reflects the impact of COVID-19 on its customers and the economy, adding ...

Sydney Aussie equities manager trims fees

KANIKA SOOD  |  MONDAY, 10 AUG 2020
... BKI Investment Company. The new fund holds 20-40 mid and small caps and is managed by Will Culbert and Tom Millner. The fee cut comes as it receives its first rating, from Lonsec as investment grade. "During the recent review process, the Lonsec analysts ...

ERS doesn't justify higher SG: Grattan

ELIZA BAVIN  |  MONDAY, 10 AUG 2020
... government recently extended the ERS scheme, allowing individuals who have lost their job or had their hours or trading income cut by 20% or more to withdraw up to $10,000 from their super between April and June, and up to another $10,000 between July ...

BGH Capital closes in on theme park deal

ANNABELLE DICKSON  |  FRIDAY, 7 AUG 2020
... a share, plus an additional 12 cents if the Movie World and Sea World are open for a period of five days before the proxy cut-off dates. There is an additional 8 cents per share if the majority of the cinema business locations reopen five days prior ...

Chief executives cop pay cuts

ANNABELLE DICKSON  |  FRIDAY, 7 AUG 2020
Australia's top ranking bosses have endured pay cuts as boards have reined in bonuses ahead of the COVID-19 pandemic according to the Australian Council of Superannuation Investors (ACSI). ACSI's CEO Pay in ASX200 Companies research shows that ...