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Showing 871 - 880 of 5905 results for "Second"

SVB, Signature Bank securities up for sale

KARREN VERGARA  |  WEDNESDAY, 12 APR 2023
... taking into account daily liquidity and trading conditions". The US$209 billion SVB collapsed in mid-March, marking the second largest failure in US history by assets. Listed on the NASDAQ in 2004, Signature Bank had total assets of about US$110 billion ...

Cut spending and raise taxes, super preservation age: Grattan

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... to their policy purpose, would not change savings behaviour, and would help make the system fairer," Grattan said. The second super measure is to increase the age at which people can use their super, from 60 to 65, over the next decade. This, Grattan ...

Linchpin, Endeavour directors found guilty

JAMIE WILLIAMSON  |  TUESDAY, 4 APR 2023
... while Raftery took $40,000 on loan. Daly's was initially for $20,000 which was increased to $55,000; he then took a second loan of $35,000 which was increased later to $75,000. Both cited financial difficulty at the time. In judgement, Justice Cheeseman ...

Industry fund tops performance tables

CASSANDRA BALDINI  |  MONDAY, 3 APR 2023
... three years to February end, with a 7.1% per annum return. Mine Super High Growth and TelstraSuper Corporate Plus came in second, tying with returns of 6.9% p.a. followed by Aware Super's high growth option with 6.7% p.a. According to Rainmaker Information ...

Australian CPI falls to 6.8%, adds to halt hopes

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
The Consumer Price Index (CPI) has slowed to 6.8% from its record high of 7.3%, adding to theories the Reserve Bank of Australia will pause rate hikes. RBA governor Philip Lowe previously explained the board needed four pieces of domestic data to properly ...

Cboe Australia migrates technology, launches BIDS offering

CHLOE WALKER  |  WEDNESDAY, 29 MAR 2023
... technology migration, involves brokers accessing the BIDS pool through their trading algorithms or via directed orders. The second phase is expected to occur in the coming months and will involve broker-sponsored buy-side access through the BIDS Trader ...

Managed accounts achieve record inflows: IMAP

CHLOE WALKER  |  TUESDAY, 28 MAR 2023
... the investment experience in 2022 has been a story in two parts. The positive sentiment in the investment markets in the second half of 2022 delivered a strengthened market with a 9.8% increase in the value of the ASX / S&P 200 Accumulation Index, he ...

Super reform "takes away the right to be tax exempt"

ANDREW MCKEAN  |  TUESDAY, 28 MAR 2023
The potential super shake-up, which includes contentious provisions on pension payments and unrealised capital gains tax, has drawn criticism from a top AFSL. Under the existing Superannuation Industry Supervision (SIS) regulations, retirees must draw ...

The seven global megatrends to watch: CSIRO

CHLOE WALKER  |  MONDAY, 27 MAR 2023
... some emerging opportunities when it comes to clean energy and other resource management opportunities, Naughtin said. The second megatrend, 'leaner, cleaner and greener', extends upon previous studies by the CSIRO. "A megatrend called 'more from less' ...

Industry fund bags consecutive customer experience award

ANDREW MCKEAN  |  MONDAY, 27 MAR 2023
... for member industry super fund, everything we do is for your [members] benefit," Murray said. "Being recognised for the second time is a great achievement, but it doesn't mean we stop trying to improve." Murray also emphasised the fund's commitment ...