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Showing 791 - 800 of 6513 results for "News"

Australia facing largest ever GDP fall

ELIZA BAVIN  |  WEDNESDAY, 13 MAY 2020
Treasurer Josh Frydenberg outlined a bleak future for the Australian economy in a speech to parliament, forecasting GDP to fall over 10% in the June quarter. The figure would be the largest contraction in GDP in Australia's history. "At $50 billion ...

Pengana eyes fully franked dividend

ELIZA BAVIN  |  WEDNESDAY, 13 MAY 2020
Pengana is trying to draw investors into one of its international equities vehicles by amending its investment mandate with an objective to fully frank future dividends. Pengana International Equities (ASX:PIA) said it has implemented a change in the ...

Majority of ERS applications from low balance accounts: AMP

ELIZA BAVIN  |  WEDNESDAY, 13 MAY 2020
Over 70% of ERS applications have come from members with account balances with less than $50,000, according to analysis from AMP. AMP said members working in the hospitality, arts, recreation, manufacturing and wholesale trade industries had highest ...

Investors pile into companies on life support

ALLY SELBY  |  TUESDAY, 12 MAY 2020
News that the Australian economy may be opening sooner than previously thought saw the S&P/ASX 200 surge on Monday, with investors buying into heavily sold-off sectors. Today, markets have dropped on fears of a second wave, with news of fresh cases ...

Fundamentals return to the forefront in EM

ELIZA BAVIN  |  TUESDAY, 12 MAY 2020
Eaton Vance has released a new research report finding fundamentals are returning to the forefront in emerging market debt. The research found volatility related to the COVID-19 outbreak and dramatic oil price decline in Q1 2020 precipitated a large ...

Death of dividends greatly exaggerated: Epoch

ELIZA BAVIN  |  TUESDAY, 12 MAY 2020
In the midst of Australian companies cutting dividends due to the effects of COVID-19, Epoch Investment Partners says investors can still generate dividend income from offshore. Damien McIntyre, chief executive of GSFM, the distributor of Epoch's ...

Chief economist update: Easing does it (again)

BENJAMIN ONG  |  TUESDAY, 12 MAY 2020
... gently ease lockdown restrictions, effectively restarting economic activity. "Easy like Sunday morning"? No, Sunday's news wasn't. To paraphrase Mr. Murphy, anything that could go wrong went wrong. Here are the headlines: Northeast China hit ...

Trust in big four improves

ALLY SELBY  |  MONDAY, 11 MAY 2020
Consumer trust in Australia's big four banks has made headways during the COVID-19 crisis, yet despite the improvement they still don't make the top 10. Surveying 1250 Australians in relation to 31 banks, the Australian Banking Brand and Trust index ...

Suncorp wealth head departs

HARRISON WORLEY  |  MONDAY, 11 MAY 2020
... and I'm very confident that Bruce will provide strong leadership and direction while we seek a permanent appointment." The news came as the bank updated shareholders on the impact of COVID-19 on its operations and revealed the preliminary results of ...

ISA, ME Bank issued please explain

ELIZABETH MCARTHUR  |  MONDAY, 11 MAY 2020
... Committee on Economics on Thursday for an urgent hearing. The call for explanations from the bank and ISA comes following news that ME Bank, which is owned by 26 industry super funds, had slashed redraw balances on some legacy home loans with limited ...