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Showing 101 - 110 of 7865 results for "Big"

Super fund fees now at record low: Data

ANDREW MCKEAN  |  TUESDAY, 14 NOV 2023
Superannuation fees in Australia have reached a historic low, with the total expense ratio averaging 0.93% per annum, as per research from Rainmaker Information. Rainmaker Information's analysis of over 1500 superannuation fund fee options, spread across ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
... there has never been a more competitive time for lending and deposits," he told Financial Standard. "So, while we are seeing big top-line figures, it's important to remember that there is also fierce competition for customers' business - and ...

ANZ rakes in $7.4bn profit

CASSANDRA BALDINI  |  MONDAY, 13 NOV 2023
In its full-year 2023 results, ANZ declared a cash profit of $7.4 billion, up 14% on the previous year. The big four bank said its proposed final dividend for 2023 also increased to 94 cents per share (cps), consisting of an 81 cps dividend partially ...

Insurers drop allocation to risk assets: Research

CASSANDRA BALDINI  |  MONDAY, 13 NOV 2023
... considerations in their investment strategies," he said. "Without a shadow of a doubt, rising rates and inflation have been a big concern for all insurers. This has resulted in almost all insurers adjusting their asset allocation to reflect a significant ...

Adviser levy discount amounts to $8m saving

KARREN VERGARA  |  FRIDAY, 10 NOV 2023
Financial advisers are set to pay $400 less in the ASIC funding levy, saving the industry $8 million in total, according to new estimates from the Financial Advice Association Australia (FAAA). Based on two legislative instruments dated November 3 ...

Wealth managers seek better data warehouse solutions: BNP Paribas

CHLOE WALKER  |  FRIDAY, 10 NOV 2023
Wealth managers are increasingly demanding better ways to access and utilise data from their custodians and expect advances in artificial intelligence (AI) to make this possible, according to BNP Paribas. "They want to know what we know and what we ...

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... isn't willing to give inflation any more leeway over summer for it to turn into something bigger than a blip," she said. The big four banks typically take 10 to 14 days to charge variable borrowers higher rates and give customers between two to three ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  WEDNESDAY, 8 NOV 2023
... might have made sense 20 years ago, maybe even 10," chief executive Nic Seton said. "We don't have endless time to coddle big polluters." The Treasury consultation paper states that companies "will be afforded protection from false or misleading ...

BNP Paribas to sharpen efforts down under

CHLOE WALKER  |  TUESDAY, 7 NOV 2023
Having spent more than two decades working with super funds down under, BNP Paribas says it's spending more time focusing on the quality rather than the quantity of its partnerships. Speaking with Financial Standard, BNP Paribas head of institutional ...

Government must revise infra pipeline: Chalmers

CASSANDRA BALDINI  |  MONDAY, 6 NOV 2023
... said. "And because of the pressures in the labour market, and the pressures on building costs and other costs, we have seen big blowouts in the program." Elsewhere, ahead of tomorrow's Melbourne Cup rate decision, Chalmers said that the Reserve Bank ...