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Showing 8011 - 8020 of 28273 results for "NOT"

Charterhill founder incarcerated

ALLY SELBY  |  MONDAY, 6 APR 2020
... using his client's money to undertake property purchases as intended, Nowak held the funds in a separate account and did not apply the funds to any property purchases. Following the conviction, Nowak has been automatically disqualified from managing ...

COVID-19 sparks renewed fight for commissions

ELIZABETH MCARTHUR  |  MONDAY, 6 APR 2020
... grandfathered revenue after the legislated date of 1 January 2020." He said that he fears the turning off of these commissions will not result in more money in the consumer's pocket at all. "The Royal Commission has clearly demonstrated that institutions ...

Chief economist update: Different contagion, same fiscal policy divide

BENJAMIN ONG  |  MONDAY, 6 APR 2020
... if they are to preserve the unity of the single-currency grouping. After all, the virus doesn't distinguish whether or not a member country has breached the Maastricht criteria limit of 3% deficit to GDP ratio and 60% debt to GDP.

Chant West takes Zenith acquisition to court

KANIKA SOOD  |  MONDAY, 6 APR 2020
... comment. Separately, the company has received buyer interest for its financial planning software business Enzumo. Enzumo was not a part of the sale to Zenith. Its potential buyer was not named but Chant West clarified it is not Zenith of Five V Capital. ...

US faces deepest recession on record

ALLY SELBY  |  FRIDAY, 3 APR 2020
... history. At the time, House Speaker Nancy Pelosi told the Public Broadcasting Service that further stimulus was needed. "This is not going to be the last bill," she said. Meyer also believes more fiscal stimulus is required to pull the country out of ...

Pandemic response concerns overblown

HARRISON WORLEY  |  FRIDAY, 3 APR 2020
... Medicare levy from today's 2%. It would have to go all the way up... to 2.14%." What's more, Richardson said Australia may not even bother paying back what it's borrowed so far, suggesting the government could simply let the debt become a smaller share ...

The shape of recovery

ELIZA BAVIN  |  FRIDAY, 3 APR 2020
... industries. Zandi pointed out that rates were already low before COVID-19. "An L-shaped recovery would occur if fiscal policy is not sufficient, since the economy would simply muddle along after the worst of COVID-19 has passed," Zandi said. "A W, or ...

Asset devaluation continues

ELIZA BAVIN  |  FRIDAY, 3 APR 2020
... are treated equitably during these extraordinary times." The fund said that while the full economic effects of COVID-19 will not be fully understood for some time, it is clear certain infrastructure and property assets such as airports, toll roads, and ...

Chief economist update: Oil gush

BENJAMIN ONG  |  FRIDAY, 3 APR 2020
... low despite reports that Saudi officials called the "10 million barrels" output reduction an "exaggeration". Exaggeration or not, supply limitations should help put a floor under oil prices. Whether or not this is sufficient to offset the sharp drop ...

Not buy time yet: Lonsec

KANIKA SOOD  |  THURSDAY, 2 APR 2020
Lonsec's chief investment officer says valuations look way cheaper than a month ago, but he's not hitting buy just yet for its $600 million managed accounts asset pool. Lonsec's managed accounts have about $600 million in assets under management and ...