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Showing 1 - 10 of 100+ results for "Tuesday"

Why are YFYS test scores a secret?

KANIKA SOOD  |  THURSDAY, 2 SEP 2021
... didn't publish the quantum by which MySuper products passed or failed the inaugural YFYS test. The test results released on Tuesday showed 13 funds failed, meaning they fell at least 50bps behind the combined investment (net of fees) and administration ...

Consumer group slams super self-assessments

ELIZABETH MCARTHUR  |  MONDAY, 30 AUG 2021
... target returns (88%) compared to better performing funds (56%)," O'Halloran said. "The proof will be in the pudding on Tuesday, when a large group of funds that were patting themselves on the back will be found to have failed the performance test." ...

Labor to push for YFYS stapling amendments

KANIKA SOOD  |  WEDNESDAY, 19 MAY 2021
... week for a second reading and debate. However, this may be delayed as the consultation on the draft legislation closes on Tuesday, May 25. The government stuck to the proposed July 1 start date last month when it finally released the draft legislation ...

UniSuper wins in court judgement on board

KANIKA SOOD  |  THURSDAY, 10 DEC 2020
The Victorian Supreme Court on Tuesday decided in favour of the $83 billion industry fund after a union asked the court to decide on its rights in nominating a director for the UniSuper board. The Community and Public Sector Union (CPSU) on September ...

Westpac enters into court enforceable undertaking

ANNABELLE DICKSON  |  THURSDAY, 3 DEC 2020
Following the Australian Prudential Regulation Authority's (APRA) review into Westpac's risk governance, both parties have agreed to a court enforceable undertaking (CEU). The CEU requires Westpac to develop an integrated plan that incorporates ...

ASIC investigates ASX

ELIZABETH MCARTHUR  |  MONDAY, 23 NOV 2020
... being based on ASX best bids and offers only. The Centre Point data issue became apparent the day after the ASX outage, Tuesday 17 November. ASIC acknowledged at the time that by not considering Chi-X bids and offers, transactions conducted on Centre ...

Waislitz pokes holes in OneVue bid

KANIKA SOOD  |  THURSDAY, 1 OCT 2020
... accepting the offer, and are asking other shareholders to vote it down too, as first flagged by Financial Standard on Tuesday. OneVue has maintained an independent expert put the valuation per share at 36 cents to 43 cents - and both of Iress's offers ...

Heine family sells Netwealth shares

KANIKA SOOD  |  THURSDAY, 27 AUG 2020
... a window to sell some stock," IFM Investors investment director, active equities Reuben De Barros said. Netwealth last Tuesday posted underlying NPAT of $43.8 million for FY20 and gave guidance for $8 billion (or about 25% higher) funds under administration ...

Take your CAPE ratio with a grain of salt

ALLY SELBY  |  MONDAY, 17 AUG 2020
... over a 10-year period - surpassed 31. Other times Shiller's ratio has exceeded 31 include the months prior to Black Tuesday in 1929 (often considered the prelude to the Great Depression), from June 1997 until August 2001 (the tech boom and bust) ...

Gold rally continues to hit new highs

ALLY SELBY  |  THURSDAY, 30 JUL 2020
... surpassed $2782 (US$1993) on Monday, but dropped to around US$1930 the following day. They have slowly regained momentum since Tuesday, with contracts trading around US$1980 at the time of writing. It comes as ETF Securities reports its Physical Gold ...
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