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Showing 1121 - 1130 of 4502 results for "Reach"

Australia is coming back: Frydenberg

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... currently sits at 5.6%, which is lower than pre-pandemic levels, and the economy contracted just 2.5%. It is forecast to reach 4.75% in the June quarter of 2023 - the first time since the years leading up to the Global Financial Crisis and the second ...

Aged care expenditure to jump 37%

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
The aged care sector is set for a major boost to address problems raised in the Royal Commission and prepare for the coming wave of aging retirees. Aged care expenditure will increase 7% during 2021-22 to $24.3 billion and by 37% over the next four ...

New India fund eyes HNWs

KARREN VERGARA  |  TUESDAY, 11 MAY 2021
... grappling with the devastating COVID-19 outbreak. "People are looking toward the next three months when India is likely to reach herd immunity. Vaccinations are administered at two to three million per day. Some 170 million people have received the first ...

Jarden and Nomura form alliance

KARREN VERGARA  |  MONDAY, 10 MAY 2021
... in Australia and New Zealand. The firms confirmed that this is not a merger; the alliance aims to provide greater global reach, product expertise and capital commitment for all clients of both firms. Bill Trotter, executive chair of Jarden Group, said ...

Investec fund in management buyout

KARREN VERGARA  |  MONDAY, 10 MAY 2021
Investec Australia has divested a portion of its $60 million emerging companies strategy to the fund's founder. The Investec Emerging Companies Australia Fund (IEC) has been bought out by David Phillips on the back of launching Commencer Capital ...

Macquarie Wrap reaches new milestone

ANNABELLE DICKSON  |  MONDAY, 10 MAY 2021
The Macquarie Wrap platform has hit new heights, recording over $100 billion in assets under administration. As at 31 March 2021, Macquarie Wrap has $101.4 billion in AUA, 21% market share and annual flows of $4.9 billion. Head of wealth product and ...

Housing market reaches new heights

ANNABELLE DICKSON  |  FRIDAY, 7 MAY 2021
... looking to get a foot on the property ladder, the continued strength in the market is putting home ownership further out of reach despite record low mortgage rates. Wages growth simply isn't keeping pace," Owen said. The increase in housing values comes ...

Macquarie posts $3bn profit, makes hire

ANNABELLE DICKSON  |  FRIDAY, 7 MAY 2021
... risk management," Macquarie chief executive Shemara Wikramanayake said. In addition, the group announced its commitment to reach net zero operational emissions by 2025. It plans to measure and set interim and long-term emissions targets for its financing ...

Chief economist update: Japan's elusive virtuous cycle

BENJAMIN ONG  |  THURSDAY, 6 MAY 2021
... report - 4.0% in 2021 (from 3.9% predicted in January 2021) and 2.4% (from 1.8%) - it doesn't expect core inflation to reach target - 0.1% this year, 0.8% in 2022 and 1.0% in 2023. The resurgence of coronavirus infections in the country is already ...

The other side of the ETP growth story

ELIZABETH MCARTHUR  |  WEDNESDAY, 5 MAY 2021
... and ETFs. The exponential growth rate of 40% per annum for ETPs over the past 10 years have allowed the products to now reach more than $100 billion in assets. When compared with unlisted unit trusts, ETPs are a better "mouse trap", Dyall said. "It's ...