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Search ResultsShowing 1 - 10 of 100+ results for "July"
Capital raising relief measures extended
ALLY SELBY  |  FRIDAY, 10 JUL 2020
... until November 30, as a second wave of COVID-19 infections batters Victoria. The measures were originally due to expire on July 31 and granted a temporary class waiver to lift the 15% limit on placements to 25%, conditional on entities making a pro-rata ...
Chief economist update: We're all Victorians now
BENJAMIN ONG  |  FRIDAY, 10 JUL 2020
... Bank of Australia governor Philip Lowe issued this statement at the conclusion of the central bank's Board meeting on 7 July. Economic stats and surveys bore witness to Gov Lowe's words. The charts highlight the country's improving picture ...
State Street cuts fees on flagship equities funds
KANIKA SOOD  |  THURSDAY, 9 JUL 2020
... Street is dropping the fees on its flagship actively-managed equities funds by 9 to 13 bps for Australian investors effective July 1. The State Street Australian Equity Fundwill go from charging 79bps per year in management costs to 70bps. It currently ...
Chief economist update: UK plans for jobs
BENJAMIN ONG  |  THURSDAY, 9 JUL 2020
... work and meetings with persons from different households were eased; 15 June - re-opening of "non-essential" businesses; 4 July - social distancing gap lowered from two metres to one "to allow businesses to be able to reopen". The relaxation of restrictions ...
Powerwrap to merge with Praemium
KANIKA SOOD  |  THURSDAY, 9 JUL 2020
... conditional takeover priced at about 26.55 cents per share. The two parties have entered a bid implementation agreement dated July 9. The bid has been unanimously supported by the board of directors at Powerwrap. Praemium will split the $55.6 million ...
AustralianSuper appoints head of financial crime
KANIKA SOOD  |  WEDNESDAY, 8 JUL 2020
... Paul Schroder. Tom Garcia is moving into the role after serving as AustralianSuper's head of product from March 2017 to July 2020, Financial Standard's sister publication The Sustainability Report first reported. Garcia was also the chief executive of ...
ERS surges $7bn in a week
ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
Early Release of Super payments surged around $7 billion in the first week of July, according to Treasury estimates, but this may not be a reason to panic. Treasury estimates a further $7 billion was wiped from super funds as the second tranche of applications ...
NAB Private executive departs
KANIKA SOOD  |  WEDNESDAY, 8 JUL 2020
... customer executive Jason Murray is joining ASX-listed fintech FlexiGroup Limited as its chief financial officer, effective July 8. Murray joined NAB as its New South Wales general manager in the private wealth division in 2014. He had previously worked ...
Sequoia acquires advice firm
ALLY SELBY  |  WEDNESDAY, 8 JUL 2020
... income over the past three years. It will be absorbed into the 100% owned 'direct' client base of InterPrac Securities from July 2020. To maintain a continued relationship with InterPrac Securities, TCA have elected to take part cash and part equity ...
RBA prepares to scale up bond buying
ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
The Reserve Bank of Australia kept interest rates steady at its July meeting but said it is standing ready to scale-up its bond buying purchases again to ensure bond markets remain functional. The RBA board decided to maintain the current policy settings ...
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