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Investment

Dividends ripe for the picking

ANNABELLE DICKSON  |  TUESDAY, 1 SEP 2020
Australian equities are set to continue to provide dividend income for retirees more so than safe haven assets, according to a retirement income specialist.

Argo Infrastructure posts $9.3m loss, but increases dividends

ALLY SELBY  |  MONDAY, 31 AUG 2020
The ASX-listed infrastructure investment company has increased its fully franked dividends for the full year, despite reporting a loss of $9.3 million.

Law firm summarises report AMP won't release

ELIZABETH MCARTHUR  |  MONDAY, 31 AUG 2020
Maurice Blackburn, the firm acting for AMP sexual harassment victim Julia Szlakowski, has released a summary of the findings of AMP's investigation into the matter - which AMP said it would release but hasn't.

Robinhood effect steers share market

KARREN VERGARA  |  MONDAY, 31 AUG 2020
The perfect storm of government stimulus and a new breed of retail traders with little investing know-how are resuscitating the share market, but for how long?

IOOF posts profit, restructures business

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
IOOF posted a net profit of $147 million for FY20, while also announcing a range of changes to its advice businesses as part of its advice transformation.

Earnings season worst on record: CommSec

ANNABELLE DICKSON  |  MONDAY, 31 AUG 2020
The companies within the ASX 200 index have endured the worst earnings season in over a decade with statutory profits down and increased expenses, according to CommSec.

HESTA partners for global equities

JAMIE WILLIAMSON  |  MONDAY, 31 AUG 2020
HESTA has entered into an international equities partnership with a specialist global manager, expanding on an existing mandate.

IOOF buys MLC Wealth for $1.4bn

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
Wealth manager IOOF has launched a $1 billion capital raising to help fund the acquisition of MLC Wealth in a deal worth $1.4 billion.

ESG investors overreact to negative news

ANNABELLE DICKSON  |  FRIDAY, 28 AUG 2020
New research from the Monash Centre for Financial Studies reveals ethical investors who overreact to negative environmental, social and governance (ESG) news spur falls in share prices and are better to wait before making trade decisions.

Evans Dixon reports $30.5m loss

KANIKA SOOD  |  FRIDAY, 28 AUG 2020
The firm posted a statutory loss of $30.5 million for a year that included job cuts, leadership changes and troubles with its American real estate fund.