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Showing 8041 - 8050 of 28273 results for "NOT"

First in first out?

BENJAMIN ONG  |  WEDNESDAY, 1 APR 2020
... funding shortages and falling demand than in February -- reasons why the People's Bank of China (PBOC) and central command are not letting their guards down. The PBOC just recently cut its 7-day repo rate by 20 bps to 2.2% on 30 March and pledged to ...

Statewide revises down investment objectives, ups fees

ELIZABETH MCARTHUR  |  TUESDAY, 31 MAR 2020
The $10 billion industry superannuation fund has issued a notice to members detailing changes to investment fees, admin fees, insurance premiums and investment objectives. Statewide Super has revised its long term investment objectives for high growth ...

Super funds' dirty, poor performing stocks revealed

ELIZABETH MCARTHUR  |  TUESDAY, 31 MAR 2020
... the basis for future Market Forces campaigns, van de Pol said, calling for super funds to divest. Market Forces argues that not only are the companies harming the environment, but they are not a good investment. The COVID-19 market corrections and oil ...

Hume calls for diversity in super fund mergers

HARRISON WORLEY  |  TUESDAY, 31 MAR 2020
... structure of funds like AustralianSuper and Sunsuper, "because their membership reflects a broad cross-section of the economy, not a single industry". "It has always seemed logical in mergers for trustees to seek opportunities to merge with like brethren," ...

ATO to verify early release requests

ELIZA BAVIN  |  TUESDAY, 31 MAR 2020
... a superannuation account now will substantially reduce members' final balance on retirement." Hume warned funds about not complying with the ATO requests, saying they stand to be exposed. "Those funds whose members are congregated in sectors hardest ...

Chief economist update: Great Scott! Mighty Mo to the rescue

BENJAMIN ONG  |  TUESDAY, 31 MAR 2020
... pronouncements that he and Treasurer Frydenberg still wanted to have the bragging rights to bringing the budget back into surplus. Not anymore. The coronavirus has forced Morrison to make good on the statement he made even before the last embers of the ...

Extraordinary stimulus provides wage subsidy

ELIZABETH MCARTHUR  |  MONDAY, 30 MAR 2020
... he said. "It's about keeping people in jobs." Morrison said the payments will apply to New Zealanders on 444 visas and not-for-profits. Individuals will not be eligible for the job seeker payment through Centrelink and a job keeper payment through ...

Investors flock to TCorp floating rate note

HARRISON WORLEY  |  MONDAY, 30 MAR 2020
TCorp has increased issuance into its 2025 floating rate note, as investors seek shelter from the COVID-19 pandemic and its impact on financial markets. With the COVID-19 pandemic continuing to impact financial markets, New South Wales' $108 billion ...

COVID-19 spurs greater scrutiny of foreign investment

KANIKA SOOD  |  MONDAY, 30 MAR 2020
... thresholds for all foreign investments will be reduced to $0 until the COVID-19 crisis is over, Frydenberg said. "This is not an investment freeze. Australia is open for business and recognises investment at this time can be beneficial if in the national ...

Early access nightmare for administrators

ELIZABETH MCARTHUR  |  MONDAY, 30 MAR 2020
... needs to be implemented," McMurtrie said. "There is already hardship access available today however, the current processes do not lend themselves to large volumes and there will need to be some adjustments to both technology and processes to accommodate." ...