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Showing 841 - 850 of 2155 results for "Extra"

Jump goes the Aussie

BENJAMIN ONG  |  WEDNESDAY, 19 JUL 2017
Here we go again, extrapolating as we go. After projected to fall to US$0.70 (or less) only last month, the tide has turned for the Australian dollar after it jumped to a 26-month high versus the greenback to US$0.7933. It's now extrapolated to keep ...

The problem with currency extrapolation

BENJAMIN ONG  |  TUESDAY, 18 JUL 2017
It seemed so long ago now that a "bag the Aussie dollar" campaign was what we read in financial media. The Australian dollar was trading at about US$0.75 then, it closed at US$0.7832 on 14 July and is currently trading at US$0.78. It's exactly two months ...

Government cracks down on salary sacrifice loophole

EMMA RAPAPORT  |  FRIDAY, 14 JUL 2017
... frequently, and for the Government to green light small businesses in Single Touch Payroll, adding: "Without taking these extra steps millions of Australians will continue to be shortchanged billions in super, with the government having to pick up the ...

Pitcher Partners founder joins Contango

ALEX BURKE  |  TUESDAY, 11 JUL 2017
One of the founding partners at Pitcher Partners has taken on a new role at Contango MicroCap. Adrian Fitzpatrick, who retired from Pitcher Partners after 29 years at the firm and its predecessors, is now an independent director on Contango MicroCap's ...

Brexit endangers EU asset manager passport

KARREN VERGARA  |  MONDAY, 10 JUL 2017
Australian financial services companies relying on regional headquarters in London to access the European Union - essentially 28 countries - hangs in the balance once Brexit is finalised. Statistics from the Financial Conduct Authority show about 5500 ...

Finance braces for Amazon effect

EMMA RAPAPORT AND DARREN SNYDER  |  MONDAY, 26 JUN 2017
The arrival of Amazon Marketplace in Australia will disrupt several businesses and the financial services industry won't be immune to the online store's influence. Already sending shockwaves through local major retailers, Australian fintech Avoka believes ...

Looming super reforms benefit millions

JAMIE WILLIAMSON  |  FRIDAY, 23 JUN 2017
... understand how the new rules will impact you including any potential benefits. In addition, now is the time to chip in that extra money to your super before the new contributions caps apply on 1 July 2017." Colonial First State is also reminding Australians ...

Actor linked to Malaysian pension fund scandal

ALEX BURKE  |  MONDAY, 19 JUN 2017
The US Department of Justice is seeking to recover about $2 billion in assets misappropriated from a Malaysian sovereign wealth fund in a scandal with ties to the Malaysian prime minister's stepson and US actor Leonardo DiCaprio, among other notable ...

PAC secures $33m in insto capital

ALEX BURKE  |  MONDAY, 19 JUN 2017
Pacific Current Group (PAC) successfully completed an institutional placement of $33 million partly to repay debts stemming from the acquisition of a US boutique. The placement, which was fully underwritten by Ord Minnett, comprised approximately $12 ...

Centuria consolidates funds

KARREN VERGARA  |  THURSDAY, 15 JUN 2017
Two of Centuria's listed property trusts will merge to create a $600 million fund aiming to be "the largest metropolitan office-focused REIT on the ASX." Centuria Metropolitan REIT (ASX: CMA) invests in office and industrial real estate at valued at ...