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

Search Results

Showing 891 - 900 of 1326 results for "Pandemic"

Suncorp wealth business down

ELIZA BAVIN  |  FRIDAY, 21 AUG 2020
... 'investment income and other' were primarily driven by volatile investment market conditions associated with the COVID-19 pandemic over the last quarter of the period," Suncorp said. "Outflows were driven in part by the early release of superannuation ...

Perpetual profits plummet

ALLY SELBY  |  THURSDAY, 20 AUG 2020
... year, blaming an increase in outflows from its investments business as well as the challenging conditions of the COVID-19 pandemic for the decline. Revenue for the full year also dropped, down 5% to $489.2 million, reflective of a lower level of funds ...

Iress posts mixed half year results

ANNABELLE DICKSON  |  THURSDAY, 20 AUG 2020
... super funds and the Australian Taxation Office. Iress chief executive Andrew Walsh said Iress' primary focus during the pandemic was to ensure the health and wellbeing of its staff and continuing services to clients. "Our technology and systems have ...

Chief economist update: Worse news is better news

BENJAMIN ONG  |  THURSDAY, 20 AUG 2020
... 4.5% this year to date and by 17.7% from a year ago. That is, buy orders are more now than they were pre the coronavirus pandemic and the negative impact it's having on the US and world economies. US GDP growth plunged at an annualised rate of 32.9% ...

REITs better value than bonds, equities: LaSalle

ALLY SELBY  |  WEDNESDAY, 19 AUG 2020
... assets under management. Despite the serious headwinds faced by the real estate industry in the face of the COVID-19 pandemic, many companies are in a far better position than they were during the Global Financial Crisis, LaSalle Investment Management ...

ACCC flags dangers of ERS

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 AUG 2020
... identity theft, with the agency saying they've seen a huge uptick in scams taking advantage of people during the COVID-19 pandemic. ACCC deputy chair Delia Rickard said the agency has seen a 55% increase in identity theft which it believes is as a result ...

ANZ posts profit, announces dividend

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
... demonstrates the strength of our portfolio as we balance the need to support customers and our staff through this global pandemic while providing a fair return for shareholders," Elliott said. "Our company purpose of helping people and communities thrive ...

Financial services workers content with pandemic changes

ANNABELLE DICKSON  |  WEDNESDAY, 19 AUG 2020
... financial services employees agree that the industry has reacted positively to shifts in the industry as a result of the pandemic. The latest Work Different study from experience management software provider Qualtrics revealed that 78% of financial services ...

How to make sense of reporting season

ALLY SELBY  |  TUESDAY, 18 AUG 2020
... earnings revisions and hibernation plans also emerging as thematic trends. "Many companies have been hit hard by the pandemic, while the disruption has turned into a powerful tailwind for others," it said. "Just how long this disrupted operating environment ...

Westpac ditches dividend

ELIZA BAVIN  |  TUESDAY, 18 AUG 2020
... the first half average, mostly due to lower impairment charges," King said. "Nevertheless, the impact of the COVID-19 pandemic is clear as activity fell and margins declined." King said while there have been some signs that the economy is performing ...