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Showing 931 - 940 of 2876 results for "Centre"

Centrepoint executives depart, pay cuts implemented

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2020
Centrepoint Alliance has announced two of its executives will depart as the rest of the leadership prepare for 20% pay cuts. Centrepoint Alliance's acting chief financial officer Peter Loosmore has left the company, effective yesterday. Centrepoint ...

Wholesale property fund revises down valuations

KANIKA SOOD  |  TUESDAY, 7 APR 2020
... book value, citing combination of drop of rental income and retail valuations post COVID-19. The GPT Wholesale Shopping Centre Fund recorded an 11% decline in its book value from a negative revaluation of about $511 million. "The reduction in retail ...

Latest adviser exam results in

JAMIE WILLIAMSON  |  TUESDAY, 7 APR 2020
... From April 14 candidates will be able to book the exam as a remote option, irrespective of how close they live to an exam centre. Alternatively, candidates can defer until August or a later date. Registrations for the October exam open on July 6. In ...

Asset devaluation continues

ELIZA BAVIN  |  FRIDAY, 3 APR 2020
Another industry super fund has reduced the value of its unlisted assets as the impact of the COVID-19 pandemic worsen. Hostplus has devalued assets within its property and infrastructure portfolios by a range of 7.5%-10% depending on the individual ...

Self-isolation to accelerate secular trends

HARRISON WORLEY  |  THURSDAY, 2 APR 2020
... will have long-term implications. "Two of the sectors we expect to continue to benefit from remote working are the data centre and telecommunication network providers," Kururangi said. He points to NextDC and Megaport as examples of specific stocks the ...

Bigger balances, bigger blow: Elia

JAMIE WILLIAMSON  |  THURSDAY, 2 APR 2020
... current processes," he said. The fund also continues to work with its members, having moved to establish two separate call centre sites within two weeks. Since further social distancing measures have been imposed, the fund now has about 90% of its call ...

Super fighting a war on three fronts: KPMG

HARRISON WORLEY  |  THURSDAY, 2 APR 2020
Australia's superannuation sector is fighting a war on three different fronts, as the economic fallout of COVID-19 continues to bite. New analysis from KPMG shows superannuation trustees are facing three competing sets of problems as they deal with ...

Opportunities and threats amid COVID-19 crisis

ALLY SELBY  |  THURSDAY, 2 APR 2020
The spread of COVID-19 has seen a dramatic turn in the global economy; where earlier this year growth was almost tangibly real, now a downward trajectory towards deep recession seems much more likely. But one asset manager believes there is both opportunity ...

Extraordinary stimulus provides wage subsidy

ELIZABETH MCARTHUR  |  MONDAY, 30 MAR 2020
Prime Minister Scott Morrison today announced $130 billion of spending over the next six months to support the livelihoods of Australians who lose their jobs and income as a result of COVID-19. The government anticipates as many as six million Australians ...

Early access nightmare for administrators

ELIZABETH MCARTHUR  |  MONDAY, 30 MAR 2020
The government's plan to allow early access to super for those who have lost jobs and livelihoods as a result of COVID-19 is an enormous hurdle with a strict deadline - one that administrators admit they might struggle to meet. While early access ...