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Showing 81 - 90 of 297 results for "Recording"

Chief economist update: Vaccine optimism sparks AUD resurgence

BENJAMIN ONG  |  WEDNESDAY, 18 NOV 2020
... Industrial production grew by a better than expected 6.9% in the year to October, with 34 out of 41 major industry groups recording gains. Fixed asset investment accelerated to 1.8% from 0.8% in September; and, the annual growth in retail sales quickened ...

Federal Court freezes investment scam, winds up SMSF operator

ANNABELLE DICKSON  |  TUESDAY, 27 OCT 2020
... developments, those investments did not materialise. The funds were used for other purposes and dispersed without any proper recording of the transactions which justified such payments." The case has been adjourned and will take into consideration whether ...

Adviser charged with stealing super

ELIZABETH MCARTHUR  |  FRIDAY, 2 OCT 2020
A West Australian financial adviser who has worked across some of Australia's largest licensees could face 15 years in jail after being charged with four counts of dishonest conduct in relation to hardship superannuation requests. Rahul Goel is ...

MySuper funds redeem performance

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
... three out of every four dollars lost in February and March. The 2021 financial year kicked off in positive territory, recording two consecutive months of gains to August, Rainmaker's latest super performance tables show. MySuper products offered ...

Super contributions rise despite ERS

ELIZA BAVIN  |  WEDNESDAY, 26 AUG 2020
... than in the June 2019 quarter. Personal contributions for the June 2020 quarter ($7.8 billion) were particularly soft, recording the lowest June quarter figure since June 2016. Total contributions for the year ending June 2020 were $120.6 billion, while ...

Chief economist update: COVID-19 cycle

BENJAMIN ONG  |  MONDAY, 17 AUG 2020
... next-door neighbour New Zealand as well. Just a few days after the world was celebrating and praising New Zealanders for recording 100 days of zero infection - 102 to be exact - came reports of four new infections, prompting Prime Minister Jacinda Ardern ...

Tasmania leads the nation: CommSec

ALLY SELBY  |  TUESDAY, 28 JUL 2020
... average) and NSW (33.3% above the decade average)." Western Australia scored the worst in unemployment in CommSec's survey, recording its highest jobless rate since January 1994 (63% above the decade average). In five of the states and territories, construction ...

IPOs halve off the back of COVID-19

ANNABELLE DICKSON  |  WEDNESDAY, 22 JUL 2020
... second quarter. In addition, nine of the new listings met their subscription targets and performed well for investors, recording an average gain of 16% compared to the 12% loss recorded on the All Ordinaries Index. HLB Mann Judd partner and author of ...

Specialist platforms prosper in June quarter

ALLY SELBY  |  MONDAY, 20 JUL 2020
... as record net inflows of $9.1 billion for the FY20. Netwealth had $7.3 billion in funds under management at June 30, recording net inflows of $500 million for the quarter, including inflows of $400 million into managed accounts.

Legg Mason subsidiary cuts performance fees

ALLY SELBY  |  THURSDAY, 16 JUL 2020
A subsidiary of Legg Mason has cut performance fees for two of its value funds, after recording negative returns during the COVID-19 crisis. RARE Infrastructure, a listed infrastructure manager, removed performance fees on its value funds, both hedged ...