Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 881 - 890 of 3114 results for "November 20"

Chief economist update: Confidence unlocks Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 10 DEC 2020
... confidence is also on the rise. The NAB business confidence index jumped nine percentage points to a reading of +12 in November - double its long-run average of +6 and the best read since April 2018. The NAB survey also showed business conditions jumped ...

CBA provides BoCommLife update

ANNABELLE DICKSON  |  WEDNESDAY, 9 DEC 2020
Commonwealth Bank of Australia (CBA) has made progress on exiting life insurance after the China Banking and Insurance Regulatory Commission approved the sale of its stake in BoCommLife. The bank will divest its 37.5% stake in BoCommLife to MS&AD Insurance ...

Clime appoints joint interim chief executives

ANNABELLE DICKSON  |  WEDNESDAY, 9 DEC 2020
Clime Investment Management has confirmed its newly appointed chair and non-executive director as interim co-chief executives following the resignation of Rod Bristow. Clime chair Neil Schafer and non-executive director Brett Spork have stepped up to ...

Kiwi firm rejects AustralianSuper takeover bid

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
AustralianSuper's attempt to takeover a New Zealand infrastructure and renewable energy company for $5.1 billion has been rejected. The New Zealand stock exchange-listed Infratil (IFT) this morning rejected the bid, saying that the proposals are ...

Chief economist update: China turns crisis into opportunity

BENJAMIN ONG  |  TUESDAY, 8 DEC 2020
... electronic products - as well as increased seasonal Christmas demand - sent Chinese exports soaring by 21.1% in the year to November - the fastest rate of growth since February 2018 and nearly double market expectations for a 12% gain - that followed ...

Chief economist update: Greed is good

BENJAMIN ONG  |  MONDAY, 7 DEC 2020
"The point is, ladies and gentlemen, that greed, for lack of a better word, is good. Greed is right. Greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms, greed for life, for money ...

Chief economist update: China keeps on going and going

BENJAMIN ONG  |  FRIDAY, 4 DEC 2020
If not for its ongoing diplomatic and trade tensions with Beijing, Australia would be beaming and congratulating China for the strengthening momentum in its economy and this, after having survived the pandemic without plunging into a recession. After ...

Council of Financial Regulators monitors ASX, cybersecurity

ANNABELLE DICKSON  |  WEDNESDAY, 2 DEC 2020
Australia's financial regulators are keeping a watchful eye on the Australian Securities Exchange (ASX) after its operational outage recently and have endorsed a plan for cybersecurity. The Council of Financial Regulators, consisting of APRA, ASIC ...

EQT wins custody mandate

KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
Equity Trustees has scored a custody mandate from an $850 million REIT. HomeCo, an ASX-listed property ownership, development and manager (HMC), appointed EQT to oversee its HomeCo Daily Needs REIT (HDN). HDN's portfolio includes retail property ...

Chief economist update: David Australia versus Goliath China

BENJAMIN ONG  |  WEDNESDAY, 2 DEC 2020
The Reserve Bank of Australia (RBA) kept monetary policy unchanged at its December board meeting - the last of 2020 - and for good reason. "In Australia, the economic recovery is under way and recent data have generally been better than expected... ...