Finance News

From the monthly archives: March 2016

We are pleased to present below all posts archived in 'March 2016'. If you still can't find what you are looking for, try using the search box.

New Settlement Terms For ASX

Posted on Monday, March 7, 2016

A drive for market efficiency and determination to keep Australia at the forefront of global best practice underpins ASX’s move from a T+3 to a T+2 settlement cycle for cash market trades in Australia.

ASX will implement a T+2 settlement cycle on Monday 7 March 2016. The transition to T+2 settlement received strong industry endorsement following broad market consultation in 2014, and in February 2016 industry participants confirmed their readiness for the change.

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Medibank - Shareholders Feeling Better

Posted on Monday, March 7, 2016
According to one fund manager the hottest topic in financial services at present is whether the low 1H2016 hospital utilisation rate that put a rocket under the share prices of Medibank Private and NIB is even remotely sustainable.

Hospital utilisation is a key driver of claims costs and basically refers to the frequency at which policyholders are attending hospital. It is measured by the number of episodes (such as births or knee replacements) per a fixed number of policy holders in a given period. Read the rest of entry »