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Showing 871 - 880 of 3699 results for "Though"

ANZ posts profit, announces dividend

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
ANZ has announced an unaudited statutory profit for the third quarter of $1.32 billion and an interim dividend of 25 cents per share, fully franked. The bank reported an unaudited cash profit from continuing operations of $1.5 billion, with chief executive ...

How to make sense of reporting season

ALLY SELBY  |  TUESDAY, 18 AUG 2020
... have reported so far issuing forward guidance. "Until the outlook is more certain, only broad comments are being made, though the AGM season in October/November could be more instructive on this front," Wilsons said. It also noted that the guidance that ...

ACSRF, NGS Super explore merger

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
... NGS's board. The two funds will now spend 12-18 months on due diligence, with a merger potentially happening by late 2021 though they haven't yet set a fixed date. The merger will be conducted via a successor fund transfer (as opposed to an extended ...

Take your CAPE ratio with a grain of salt

ALLY SELBY  |  MONDAY, 17 AUG 2020
... CAPE Shiller ratio is any different," he said. "The environment we're in at the moment is very uncertain - so even though the CAPE ratio may have surpassed 31 that doesn't mean the market's going to come crashing down in the next six months ...

iProsperity accused of being a Ponzi scheme

ELIZABETH MCARTHUR  |  FRIDAY, 14 AUG 2020
... could go some of the way. Gu owns a $10 million home in Mosman in Sydney. He's a shareholder in a number of companies, though the bulk of his shareholdings are in the iProsperity Capital Group. Meanwhile, Huang has an $11 million property in Mosman and ...

ERS will impact those who didn't access super: REST

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
The effects of the government's Early Release of Superannuation scheme could result in a 25 basis point loss for those who didn't take advantage of the scheme, according to REST chief executive Vicki Doyle. Speaking at the FINSIA Future of Super webinar ...

Bendigo and Adelaide Bank to face fresh class action

ELIZABETH MCARTHUR  |  TUESDAY, 11 AUG 2020
... any payments on loans made after 11 December 2014. Ivantsoff estimates this claim could be in the region of $300 million, though he said the actual value of Great Southern loans to Bendigo and Adelaide Bank is beyond that. "Each loan was about $78,000 ...

ERS doesn't justify higher SG: Grattan

ELIZA BAVIN  |  MONDAY, 10 AUG 2020
New modelling from Grattan Institute found most Australians will have a comfortable retirement even if they have taken advantage of the government's early release scheme. The government recently extended the ERS scheme, allowing individuals who have ...

Perpetual launches two ESG funds

KANIKA SOOD  |  FRIDAY, 7 AUG 2020
... (fund 9.20% p.a. vs index 9.16%), five year (by 2.1% p.a.), three year (by 2.43% p.a.) and year to date basis (by 2.52%, though absolute return this year is negative), as at June end. The second Trillium fund that Perpetual is launching to the local ...

Pershing convicted for client breaches

ANNABELLE DICKSON  |  THURSDAY, 6 AUG 2020
... there were systems in place that reflected what was required by law. "There is a strong need for general deterrence. Even though the defendant is unique in the marketplace, it [PSAPL] must understand that the legislative requirements are important and ...