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Showing 921 - 930 of 2404 results for "Mater"

Chief economist update: COVID-19 could hit Australia with triple whammy

BENJAMIN ONG  |  FRIDAY, 14 FEB 2020
The same way as a computer virus freezes the computer's operating system, the coronavirus - renamed COVID-19 - has forced China into lockdown and slowed, if not completely frozen, economic activity in the country. But even without the government-mandated ...

Problems persist with PYSP communication: ASIC

ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2020
ASIC said that common problems have been persistent in its review of superannuation trustees' PYSP communication with members, with some trustees failing to present facts and instead focusing on member and insurance retention. The regulator launched ...

Climate risk should be integral to business: Report

ELIZA BAVIN  |  THURSDAY, 6 FEB 2020
Companies increasingly need to understand climate change risks affecting their businesses if they wish to remain competitive, according to the Governance Institute of Australia. Governance Institute chief executive Megan Motto said it found that nine ...

Lowe snaps back at critics

ELIZA BAVIN  |  THURSDAY, 6 FEB 2020
RBA governor Philip Lowe has rejected concerns that the bank's decision to cut interest rates last year dented consumer confidence and impacted weak consumer growth. Speaking at the National Press Club, Lowe said that while he understands having rates ...

SSGA to scrutinise ASX 100 directors

ELIZABETH MCARTHUR  |  THURSDAY, 30 JAN 2020
From this voting season, State Street Global Advisors will take action against board members of ASX 100 companies it feels are lagging on ESG issues. SSGA chief executive Cyrus Taraporevala has written to board members to outline the manager's new approach ...

Future Fund returns 14.3% for the year

KANIKA SOOD  |  TUESDAY, 28 JAN 2020
Australia's $168 billion sovereign wealth fund returned 14.3% last year, while warning that future returns will be lower. Future Fund left its allocations largely unchanged during the year, only taking away marginally from most asset classes to ...

More staff embroiled in Macquarie investigation

HARRISON WORLEY  |  FRIDAY, 24 JAN 2020
German authorities have expanded their investigation into a 2011 lending transaction, doubling the number of Macquarie staff considered suspects since late 2018. In an update to the ASX on Thursday evening, Macquarie said it was cooperating with an ...

CIMIC in $1.8b writedown

ELIZA BAVIN  |  FRIDAY, 24 JAN 2020
The country's largest construction company has reported a loss of $1.8 billion, blaming tough market conditions in the Middle East. CIMIC announced the writedown in a submission on the ASX saying the decision to exit the Middle East market came after ...

Your Super, Your Choice debate heats up

ELIZABETH MCARTHUR  |  THURSDAY, 23 JAN 2020
The Financial Services Council and the Australian Institute of Superannuation Trustees aired some grievances about the planned Your Superannuation, Your Choice legislation. FSC chief executive Sally Loane said while the FSC broadly supports the new ...

The ingredients of a successful fund manager

KANIKA SOOD  |  WEDNESDAY, 22 JAN 2020
New research from Zenith has found that fund managers with bigger investment teams and specialist coverage responsibilities tend to outperform their peers but opening multiple offices around the world will not give you a performance edge. Zenith compared ...