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Showing 1 - 10 of 1946 results for %22June quarter 2013%22

Perennial launches new investment fund

ELIZA BAVIN  |  FRIDAY, 19 APR 2024
... IPO, trade sale or secondary selldown. PPP+ will open for wholesale investors on 29 April 29 2024 and close at the end of June.

HUB24 hits $100bn milestone

KARREN VERGARA  |  TUESDAY, 16 APR 2024
... which $800 million migrated during the quarter. Between $1.7 billion and $3 billion of FUA is due to migrate in the June quarter. Investment Trends named HUB24 as the best full-function platform in 2023, narrowly beating Netwealth. Praemium, BT Panorama ...

Netwealth's share price rises following strong inflows

ANDREW MCKEAN  |  FRIDAY, 12 APR 2024
... 75 th birthday. He intends to do this by June 30. Looking ahead, Netwealth projects robust inflows for FUA in the June quarter, driven by several large transitions, heightened seasonal flows, and increased market activity. It also highlighted the rapidly ...

Platinum bleeds $1.4bn in outflows

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... company's annualised half year expense base of some $96 million. Such savings will likely materialise in the June quarter and "generate a material impact" on the 2024 financial year profit as the bulk of savings will progressively be realised in ...

Interest rate cut may not come until 2025, experts warn

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... cutting rates until 2025. AMP chief economist Shane Oliver said economists were already expecting the RBA to start cutting in June and the inflation numbers have not been low enough to bring this forward. "The RBA is likely to still be waiting for more ...

Unlisted asset valuation practices under review

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... financial year, close to $1 trillion of which is in MySuper products. Total contributions into MySuper products in the year to 30 June 2023 were $134 billion, while $76 billion was paid out in benefits. The average account balance in a MySuper product ...

Treasury unveils Stage 3 tax cuts changes

KARREN VERGARA  |  MONDAY, 29 JAN 2024
... in cost of living for these households reflects rising mortgage interest costs, which almost doubled through the year to June 2023," Treasury said. "The legislated Stage 3 tax cuts are targeted at higher-income earners, following two earlier stages of ...

Cromwell downgrades assets by $192m

KARREN VERGARA  |  MONDAY, 15 JAN 2024
... across eight out of nine properties. The real estate fund manager had about $11.5 billion in assets under management as at June 2023 invested across Australia, Europe and New Zealand. Cromwell chair Gary Weiss said 2023 was a challenging year for the ...

CPI cools to 4.9%

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... it outlined. Further, annual food inflation also subsided and dropped to 4.8% in September, down from 7.5% in the June quarter and the peak of 9.2% in December 2022. Housing costs remained elevated with a 6.1% increase, accompanied by a 5.9% rise in ...

Wages growth reaches unsustainable level: Mousina

CASSANDRA BALDINI  |  THURSDAY, 16 NOV 2023
... hospitality. So, if you're on an award or an enterprise bargaining agreement (EBA), you were impacted by those decisions in June." Over half of the Aussie workforce is on an award, EBA or minimum wage. "It does end up being like 65% of the workforce. ...
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