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Showing 1001 - 1010 of 6263 results for "Cash"

APRA removes Westpac liquidity add-on

CASSANDRA BALDINI  |  THURSDAY, 1 SEP 2022
... removed Westpac's liquidity add-on after finding it breached prudential standards. The 10% add-on was applied to the net cash outflow component of Westpac's liquidity coverage ratio (LCR) and will no longer be included from today. In a statement Westpac ...

Link Group acquires HS Pensions

ANDREW MCKEAN  |  TUESDAY, 30 AUG 2022
... million loss. Year on year, the group's revenue increased from $1.16 billion to $1.18 billion, a 1.3% change. Net operating cash flows fell 30% from $292.9 to $205 million. Regarding Link Group's Retirement and Superannuation Solutions, strong member ...

Online investor numbers taper out: Report

ANDREW MCKEAN  |  FRIDAY, 26 AUG 2022
... contribute to delaying the assessment of readiness. At the same time, the vertiginous rise of interest rates has reinstated cash as an appealing instrument for yield generation." Meanwhile, dormancy rates among those already investing have continued ...

AustralianSuper increases investment fees

ANDREW MCKEAN  |  THURSDAY, 25 AUG 2022
... investment options fees climbed higher. However, fees on the international shares option fell (0.44% to 0.4%), and fees on cash remain unchanged (0.06%). "To grow members' retirement savings over the longer term, the fund invests across a range of ...

Calls for greater efforts to close gender pay, super gap

ANDREW MCKEAN  |  WEDNESDAY, 24 AUG 2022
... 14.1%. Further, the employment to population ratio was 68.4% for males and 60.1% for females. The average weekly ordinary time cash earnings for full-time adults are $1912.50 and $1665.80 for men and women respectively. In response to the findings, ASPL ...

Michael Heine steps back at Netwealth

JAMIE WILLIAMSON  |  WEDNESDAY, 24 AUG 2022
Effective October 1, Matt Heine will become the sole managing director of Netwealth, as his father steps back from day-to-day management. The news came as part of Netwealth's results announcement this morning, with Netwealth saying Michael Heine ...

Will big super's unlisted investments amplify retirement savings?

ANDREW MCKEAN  |  WEDNESDAY, 24 AUG 2022
... a broad range of growth assets for the long-term financial benefits of their members is contingent on stable and reliable cash flows," it said. Such an outcome would be consistent with treasurer Jim Chalmers' view that the interests of members, funds ...

Aware Super overhauls fee structure

CASSANDRA BALDINI  |  FRIDAY, 19 AUG 2022
... possible retirement outcome - including through regular and ongoing reviews of fees," she said. Members exclusively invested in cash, and a small number of TTR members predominantly invested in single asset class investment options, may see a minor increase ...

Iress records 29% jump in profit

CASSANDRA BALDINI  |  THURSDAY, 18 AUG 2022
... per share remained the same at 16 cents, franked to 25% payable in September. Reported earnings per share fell 23% to 16.4 cash per share from 21.4 cash per share in 1H21. Segment profit for 1H21 increased 7% to $80.7 million from $75.5 million, this ...

Rainmaker unveils managed fund flow winners

ANDREW MCKEAN  |  WEDNESDAY, 17 AUG 2022
Rainmaker Information has published the Wholesale Managed Funds Net Flow report, measuring the growth or decline of wholesale managed funds. Providing market intelligence on the use of wholesale managed funds, both open unlisted unit trusts and ETFs ...