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Showing 81 - 90 of 400 results for "Mistake"

Crypto fortune hinges on forgotten password

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 JAN 2021
A Bitcoin portfolio worth approximately $280 million could be lost forever, as its owner struggles to remember his password. Stefan Thomas, a developer based in San Francisco, remains unable to access his Bitcoin wallet. He said the incident is "a painful ...

Labor, unions, industry funds seethe

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
... And that's why this government's ongoing attack on superannuation will be resisted by Labor," Albanese said. "Make no mistake, Labor supports the existing 12% superannuation that has been legislated and we'll fight any attempt to undermine it or change ...

Westpac profits down on AUSTRAC fine

ANNABELLE DICKSON  |  MONDAY, 2 NOV 2020
Westpac has reported a "disappointing" full year result with statutory profit down a staggering 66% as a result of the ongoing pandemic and its anti-money laundering fine. Statutory profit decreased $4.94 billion to$2.29 billion while cash earnings ...

Ares bids for AMP

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
... happens when big brands milk their profits too gleefully without regard to the value they are providing," he said. "Make no mistake - this takeover isn't a winning finish for AMP; it is a final act of failure. Even when on its knees, someone else ...

Through good and bad: Advisers add value

JAMIE WILLIAMSON  |  THURSDAY, 15 OCT 2020
Despite COVID-19 volatility, financial advisers have managed to deliver value of 5.2% or more each year to clients, according to new research. It's the key finding of Russell Investments' Value of an Adviser Report for 2020, saying this is the case ...

Chief economist update: Budget me this Batman

BENJAMIN ONG  |  MONDAY, 12 OCT 2020
... Board's announcement in September, increasing the size and extending the duration of its TFF programme. But make no mistake, the RBA remains resolute in keeping us "alive" now. In his statement, RBA governor Philip Lowe stressed that: "The board ...

The fundies of tomorrow

ANNABELLE DICKSON  |  MONDAY, 14 SEP 2020
... just want to see that the student puts enough thought into a stock pitch and why the fund should buy it. If they make a mistake that's good because hopefully by the time you get out into the real world they will have learned from those mistakes," he ...

Investors will be forced into equities: DeepData Analytics

ELIZA BAVIN  |  TUESDAY, 1 SEP 2020
Retail investors will be forced further into investing in equities as the hunt for yield continues, despite having felt the hard lessons from this year's market volatility, according to founder and chief executive of DeepData Analytics Mathan Somasundaram. ...

ASIC drops CBA investigation

ALLY SELBY  |  THURSDAY, 27 AUG 2020
Commonwealth Bank has announced the corporate watchdog will not be taking any action against the bank nor its directors over a money laundering and counter-terrorism scandal identified by AUSTRAC three years ago. In an ASX announcement, CBA told investors ...

Take your CAPE ratio with a grain of salt

ALLY SELBY  |  MONDAY, 17 AUG 2020
... that, the CAPE ratio has been a reasonable indicator of both over and under valuation," he said. He argues it would be a mistake to use a set threshold like 31 as a trigger for extreme levels of valuation. "To assess fair value, the CAPE should be adjusted ...