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Showing 801 - 810 of 1756 results for "Covid"

ANZ sees profits plummet, plans to exit thermal coal

ANNABELLE DICKSON  |  THURSDAY, 29 OCT 2020
... chief executive Shayne Elliott said the bank's revenue and operating expenses were largely the same but the impact of COVID-19 on the bank was the impairment charge. "But the real COVID impact, if you will, was really restricted to the massive amount ...

ASX delays CHESS replacement again

KARREN VERGARA  |  WEDNESDAY, 28 OCT 2020
... replacement date by another year to April 2023. The ASX announced it has increased the scope of the project as a result of COVID-19 following industry consultation. Many stakeholders the ASX consulted have raised concerns about the lingering impact of ...

Elanor expands healthcare real estate fund

ELIZA BAVIN  |  TUESDAY, 27 OCT 2020
... lower-cost day surgeries and medical centres." Burgess added that the resilience of the healthcare real estate sector during COVID-19 saw the fund's portfolio perform well during the period. "Our active asset management of the fund's assets has already ...

DDO top of ASIC's agenda

ELIZA BAVIN  |  TUESDAY, 27 OCT 2020
Design and distributions obligation (DDO) reforms may have been pushed back to October next year as a result of COVID-19 but ASIC said it is top of the priority list for 2021. Speaking to the annual Credit Law Conference, ASIC commissioner Sean Hughes ...

Chief economist update: Victoria's victory

BENJAMIN ONG  |  TUESDAY, 27 OCT 2020
"This day belongs to every single Victorian, every single Victorian who has followed the rules, stayed the course, worked with me and my team, to bring this second wave to an end." This was what state premier Dan Andrews told all Victorians and the ...

Super fund execs accused of quasi-insider trading

ELIZABETH MCARTHUR  |  MONDAY, 26 OCT 2020
... of the ASX and the revaluation of unlisted assets. "Earlier this year there was a bottoming out of the ASX as a result of COVID-19, then there was a delayed period, in many cases, where super funds had unlisted assets for revaluation and that enabled ...

Ask and you shall receive

ELIZA BAVIN  |  MONDAY, 26 OCT 2020
... higher level of scrutiny over the scheme to ensure that only those who have suffered a significant financial impact from COVID-19 are accessing it. While those accessing the scheme has been slowing since the initial rush, over the week to October 18 ...

Chief economist update: A V, a W and an L

BENJAMIN ONG  |  MONDAY, 26 OCT 2020
... manufacturers enjoying the fastest growth since early-2018 as orders surged higher amid rising global demand, but intensifying COVID-19 restrictions took an increasing toll on the services sector, led by weakening demand in the hard-hit hospitality industry." ...

Remote exams offered to Melbourne advisers

KARREN VERGARA  |  FRIDAY, 23 OCT 2020
... Adviser Standards and Ethics Authority is providing remote-sitting options for financial advisers in Melbourne affected by COVID-19 restrictions. Financial advisers sitting the November exam will be affected. FASEA advised those who registered for a ...

ASIC to curb huge CFD losses

KARREN VERGARA  |  FRIDAY, 23 OCT 2020
... volatility. "Heavy losses sustained by retail clients trading in highly leveraged CFDs and ongoing market volatility during the COVID-19 pandemic highlight the need for stronger CFD protections in the product intervention order," she said.