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Showing 781 - 790 of 2575 results for "Treasury"

Citi hires new investment banking head from Deutsche

KANIKA SOOD  |  MONDAY, 20 APR 2020
... $2 billion in equity in past two weeks. It has also recently worked with TCorp, South Australia Finance Authority and Treasury Corporation of Victoria raise a collective $8.5 billion in debt capital markets.

Vale Ted Evans

ELIZA BAVIN  |  TUESDAY, 14 APR 2020
Tributes are flowing for former Westpac chair and Treasury secretary Ted Evans, who passed away over the weekend. Evans, who had been battling cancer, joined the Australian Treasury in 1968 and devoted 43 years of his working life to public service ...

Australia's AAA rating at risk

ELIZA BAVIN  |  THURSDAY, 9 APR 2020
... national interest to support households and businesses and address the significant economic consequences of COVID-19," Treasury said. "While the full economic effects from the virus remain uncertain, the outlook has deteriorated since the government's ...

Super funds probed on liquidity, rental assistance measures

KANIKA SOOD  |  MONDAY, 6 APR 2020
... early release with the reasons why. The total drawdown estimates from early release vary from $27 billion, according to Treasury, to $40-$50 billion, according to Rice Warner. APRA has already asked superannuation funds to submit their in-house modelling ...

Is it time to lean on the Future Fund?

KANIKA SOOD  |  THURSDAY, 2 APR 2020
... not support tapping into the Future Fund to pay for early release, whose estimates range from $27 billion, according to Treasury, to $40 billion to $50 billion, according to Rice Warner. "I don't see the need to drawdown on the Future Fund because ...

Super funds asked to model early release impact

KANIKA SOOD  |  TUESDAY, 31 MAR 2020
APRA has asked superannuation funds to submit their in-house modelling on the magnitude of impact they are expecting from the Federal Government's special allowance for early release from superannuation. The prudential regulator asked superannuation ...

Early access nightmare for administrators

ELIZABETH MCARTHUR  |  MONDAY, 30 MAR 2020
... themselves to large volumes and there will need to be some adjustments to both technology and processes to accommodate." Some Treasury communications are already directing people who have lost their jobs as a result of COVID-19 and want early access ...

Early super access impact double Treasury estimates

HARRISON WORLEY  |  FRIDAY, 27 MAR 2020
... Australians suffering financial stress to access their super early to be well above the $27 billion originally offered by Treasury. Rice Warner said that while the original figure "appears manageable", the impact would vary from fund to fund, noting ...

Chief economist update: COVID-19 eating into jobs

BENJAMIN ONG  |  THURSDAY, 26 MAR 2020
... to 5.5%, moving back to 2015 levels in just one week." (EPI) We're doomed! Well, it all depends on whether the US Treasury and the Fed's largesse - needless to say, a cure for the coronavirus is discovered soon - are able to revive confidence ...

Chief economist update: The cheaper alternative

BENJAMIN ONG  |  WEDNESDAY, 25 MAR 2020
... on March 11 and 15 bps on the 19th and increased its bond purchases by £200 billion to £645 billion - while the UK Treasury reportedly plans to spend as much as 15% worth of the UK's national output. To limited avail. But Johnson's draconian ...