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Showing 871 - 880 of 4541 results for "Dollar"

Westpoint investors to receive $1.5m

HARRISON WORLEY  |  WEDNESDAY, 20 MAR 2019
... claims against insurance money the liquidator had recovered. The recovered amount represents a return of $0.2235 on the dollar against the members' original claim of $6,652,702. According to ASIC, investors have now received a return of around $160 to ...

Chief economist update: BOJ decision announced and ignored

BENJAMIN ONG  |  WEDNESDAY, 20 MAR 2019
... 1.5% versus the greenback this year to date, still short of reversing the 2.7% appreciation against a strengthening US dollar it notched up in 2018. "...spending being maintained in both the corporate and household sectors"? Retail sales slowed for the ...

FSC to enact binding standard on genetic testing

ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
The life insurance industry is pushing ahead with the rollout of new rules on genetic testing despite a delay. There had been plans to launch a new Life Insurance Code of Practice from July 1, but during the feedback period the Financial Services Council ...

AMP cuts MyNorth fees

ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
AMP has announced a series of fee reductions for users of its MyNorth platform. The reductions in fees should result in savings for the more than 85,000 customers who currently use MyNorth. The reductions will include lower administration fees across ...

Chief economist update: The AUD's resilience

BENJAMIN ONG  |  TUESDAY, 19 MAR 2019
... (TLTRO) III, and perhaps soon, another easing (in some form or another) from the BOJ is negating the downward pressure on the dollar. This year to date, the AUD appreciated by 0.9% versus the greenback and its depreciation on the TWI has slowed from ...

Jamieson Coote Bonds introduces global fund

DARREN SNYDER  |  WEDNESDAY, 13 MAR 2019
... ex-UK Core), UK and Japan, as well as satellite countries. It is also offered with the option to switch between Australian-dollar hedged (to $USD) and Australian-dollar unhedged. Financial Standard first reported about the global strategy earlier this ...

Rice Warner predicts super fee-hike

HARRISON WORLEY  |  TUESDAY, 12 MAR 2019
... researcher said the removal of five million unnecessary super accounts would cost super funds around $350 million in annual dollar-based fees, which would have implications on their cost base, including the charging of higher fees for the same service ...

Chief economist update: Prepare for lift-off

BENJAMIN ONG  |  MONDAY, 11 MAR 2019
... turn, provided extra impetus to their already slowing economic growth. Thanks to its semi-peg (dirty float?) versus the US dollar, China's currency didn't suffer the similar magnitude of depreciation as its emerging market peers. But no thanks. ...

BlackRock launches Australian bond fund

KANIKA SOOD  |  WEDNESDAY, 6 MAR 2019
... fund is a passive investment strategy designed for ESG-aware investors seeking a core fixed income exposure to Australian-dollar securities, Vardy said. "From a fee perspective, investors can now invest sustainably at the same low fee as non-ESG fixed ...

Super fund investment chief departs

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2019
... Tasplan chair Naomi Edwards thanked Lundy for his services over the last eight years. "The bringing together of multi-billion-dollar investment funds over the last number of years has been a complex process and I thank Dr Lundy for his dedicated stewardship ...