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Showing 1121 - 1130 of 8612 results for "Lower"

Mainstream revenue up 18%

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
... Australia, Asia and the United States. Operating EBITDA rose 27% to $20.4 million. However, FY21 EBITDA of $3.2 million was 66% lower than previous year, driven by costs of proposed scheme of arrangements with Vistra, SS&C and finally Apex Fund Holdings ...

NAB fined $18.5m over misleading fee disclosure

JAMIE WILLIAMSON  |  THURSDAY, 26 AUG 2021
... "This penalty is higher than the penalty proposed by NAB, reflecting my view that the contravening conduct was not at the lower spectrum of seriousness..." Over the course of the action, which was commenced in December 2019, NAB did admit to several ...

The next 20 years in Aussie ETFs

KANIKA SOOD  |  THURSDAY, 26 AUG 2021
... including big names like UBS Asset Management and AMP Capital. Macdonald said the barriers to entry for new issuers are lower than before, but higher at the same time. "I hesitate but it's relatively easy to copy investment products," Macdonald said. ...

NGS, ACSRF shelve merger plans

KANIKA SOOD  |  WEDNESDAY, 25 AUG 2021
... product has three-year returns of 7.6% p.a. (rank 41) and one 10-year returns of 7.9% p.a. (rank 35), to June end. This is lower than median workplace MySuper option's 7.9% p.a. over three years and 8.4% p.a. over 10-years. ACSRF's LifetimeOne ...

ASIC settlement hits E&P profits

KANIKA SOOD  |  TUESDAY, 24 AUG 2021
... settlement hit both profits and the final dividend for the year. The company's net revenue for the year was $187.9 million (2% lower than FY20) driven by lower contribution from its real asset strategies and funds. Statutory loss of $18.8 million was ...

Actuaries Institute releases retirement policy review

KANIKA SOOD  |  MONDAY, 23 AUG 2021
... should have access to superannuation from 60 years old. It also wants indigenous Australians, who have four to five years of lower life expectancy than the average Australian, to be able to access "at least a portion" of their super balance before they ...

Economic recap: Week to August 20

BENJAMIN ONG  |  MONDAY, 23 AUG 2021
... The drag on growth from Delta not only makes this statement a verity but it could also take inflation measures down even lower from the "distorted" spike we've witnessed so far this year. Japan's back in deflation, consumer prices in the US and ...

SelfWealth reports 135% revenue increase

ELIZABETH MCARTHUR  |  FRIDAY, 20 AUG 2021
... markets, and also increasing numbers of existing investors switching from the bank aligned broking platforms to SelfWealth for lower cost, better user experience and the reliability of our platform." SelfWealth claims to have 95,189 active traders currently ...

Wage growth remains low

ELIZABETH MCARTHUR  |  THURSDAY, 19 AUG 2021
The June quarter saw wages rise a measly 0.4%, lower than the growth of the previous two quarters. "The June quarter saw the rate of growth in hourly earnings ease to 0.4%, following two quarters of 0.6% wage growth. The rate of growth over the quarter ...

Magellan to move to higher tax rate

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
... abolishes laws that allowed it to pay only 10% tax on offshore earnings. MFG paid tax at 21.4% in the year ending June, lower than the 30% tax rate that applies to companies and lightening its total tax bill for FY21 by about $44 million. This is because ...