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Showing 7921 - 7930 of 29079 results for "PRI"

Chief economist update: Victoria's Cinderella moment

BENJAMIN ONG  |  MONDAY, 22 JUN 2020
Victoria was primed and pumped for the second stage of looser coronavirus restrictions after the clock strikes midnight on June 22. From 12:01 am, 50 people (increased from 20) would be allowed inside cafes, restaurants, cinemas, theatres, auditoriums ...

PrimeWest acquires asset manager

KANIKA SOOD  |  FRIDAY, 19 JUN 2020
The ASX-listed property fund manager has paid $10 million to acquire a farmland asset manager as it looks to build a presence in A-REITs. PrimeWest will now own 100% of GoFARM Asset Management which is the manager to the REIT Vitalharvest Freehold Trust ...

Super funds keep eye on Rio Tinto review

HARRISON WORLEY  |  FRIDAY, 19 JUN 2020
Some of Australia's largest superannuation funds are watching Rio Tinto's board-led review of its iron ore division's heritage management processes with keen interest, following the miner's decision to destroy thousands of years of culturally ...

Australia lagging on robo-advice

HARRISON WORLEY  |  FRIDAY, 19 JUN 2020
Australia is still dragging the chain on robo-advice but there is hope for local providers, according to new global research on the take-up of the technology. Latest Investment Trends shows Australia is still lagging behind when it comes to the adoption ...

FASEA schedules remaining 2020 exam dates

ALLY SELBY  |  FRIDAY, 19 JUN 2020
The Financial Adviser Standards and Ethics Authority has confirmed the exam will be held across five sitting days in August, October and November. It comes after advisers were given an additional year to pass the FASEA's exam, while they were given ...

Vanguard adds to Aussie executive lineup

ALLY SELBY  |  FRIDAY, 19 JUN 2020
Vanguard has appointed a new lead for its Personal Investor business, as the incumbent steps down for opportunities abroad. Balaji Gopal has been appointed as Vanguard Australia's new head of Personal Investor, and will also join the investment ...

Unemployment hits 21-year high

ELIZA BAVIN  |  FRIDAY, 19 JUN 2020
Figures released by the Australian Bureau of Statistics (ABS) show unemployment has risen to its highest in 21 years due to the effects of the COVID-19 lockdown measures. Employment decreased by 227,700 people, down 1.8%, between April and May this ...

S&P warns of record fallen angels

ELIZA BAVIN  |  FRIDAY, 19 JUN 2020
S&P Global has warned of a record number of junk bonds in June as issuance in the US high yield bond market tracks at its busiest pace. The global ratings agency said there is an expected US$23.88 billion priced through June 12, following on from May's ...

Chief economist update: Honey, COVID-19 got me sacked

BENJAMIN ONG  |  FRIDAY, 19 JUN 2020
With most of us, Australians all, only just emerging from isolation and many businesses still locked down or operating with limitations, the rising rate of unemployment - from 5.2% in March to 6.4% in April to 7.1% in May - doesn't surprise. In ...

Euroz, Hartleys to merge

JAMIE WILLIAMSON  |  FRIDAY, 19 JUN 2020
Euroz and Hartleys have made public plans to merge operations, creating a financial services powerhouse in Western Australia. Announced today, the two firms are set to join forces with Euroz issuing up to 33 million shares at a price of $0.915 each ...