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Showing 1181 - 1190 of 14210 results for "Interest"

Industry funds defend CFMEU board ties

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
Industry funds BUSSQ and Cbus have defended their respective boards' close ties to the CFMEU, saying all representatives satisfy the fit and proper standards outlined by APRA. This week the Victorian branch of the Construction, Forestry and Maritime ...

Regal splashes out on slice of Argyle Group

JAMIE WILLIAMSON  |  FRIDAY, 19 JUL 2024
... whole," Regal Partners chief executive Brendan O'Connor said. "We have been delighted with the opportunity to acquire an interest in Argyle and look forward to being a supportive partner to Kim and the team for many years ahead." Morison said he is also ...

ASIC bans 'incompetent' financial services directors

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
ASIC has banned two former directors and responsible managers of XTrade, a trading platform that offers clients opportunities to trade in contracts for difference (CFDs) and foreign exchange contracts. The directors, Shay Zakhaim and Anthony Anderson ...

RBA needs to 'rip the band-aid off' and hike rates: VanEck

ELIZA BAVIN  |  FRIDAY, 19 JUL 2024
... along with the government's recent 3.75% increase to the minimum wage and property prices surging, the chances of an interest rate cut have been pushed. "It is becoming a lot clearer with inflation at 4% and showing no signs of slowing that the RBA is ...

Mercer Super chalks up 11.2% return

ANDREW MCKEAN  |  THURSDAY, 18 JUL 2024
... global economic outlook, however, has improved as unemployment is expected to remain low. There is also potential for interest rates to be lowered as inflation continues to moderate. "As a result, we remain focused on maintaining the appropriate level ...

More money does lead to happiness: Research

ELIZA BAVIN  |  THURSDAY, 18 JUL 2024
New research from senior fellow at the Wharton School at the University of Pennsylvania Matt Killingsworth found happiness increases with wealth. Despite previous research from Wharton suggesting that wellbeing plateaus at a certain income level, the ...

Brighter Super posts 9.07% returns for its default option

ELIZA BAVIN  |  THURSDAY, 18 JUL 2024
... particularly where there has been a larger allocation to growth assets such as shares,'' Rider said. "This is despite high interest rates and slower economic growth. "Our focus is on building a well-diversified portfolio for our members, selectively ...

Fidante divests Merlon stake

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2024
Fidante Partners has offloaded its interest in Merlon Capital Partners to the latter's principals and investment team. The divestment of Fidante's minority interest took effect on July 12, with Merlon alerting investors that the multi-boutique arrangement ...

Equip Super returns 9.23% to members

ELIZA BAVIN  |  WEDNESDAY, 17 JUL 2024
... delivered 12.12%. Equip Super chief investment officer Andrew Howard said despite a challenging global backdrop, rising interest rates and ongoing cost of living pressures in Australia, it was a positive year for Equip Super members. "In the face of ...

Qantas Super, Australian Retirement Trust to merge

ANDREW MCKEAN  |  WEDNESDAY, 17 JUL 2024
Qantas Super is poised to merge with $300 billion industry fund Australian Retirement Trust (ART). Subject to final assessments of members' best financial interests and equivalency rights, the merger would see Qantas Super's $9 billion in funds ...