Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 101 - 110 of 291 results for "Recording"

IPOs fewer but performing well

KANIKA SOOD  |  THURSDAY, 25 JUL 2019
... last year's total raise of over $8 billion. But the share price performance was better. Seventeen of the 23 IPOs recording first day gains for an average gain of 21%. Post-listing, they had gained 63% on average to June end. This is better than 2018 ...

Challenging conditions sting IOOF

HARRISON WORLEY  |  FRIDAY, 3 MAY 2019
... significant hits across several segments, including a $473 million reduction in net inflows to its financial advice arm, recording a $263 million net inflow a year after posting $763 million result. The firm's portfolio and estate administration segment ...

Group risk inflows slow at CommInsure, AMP

KANIKA SOOD  |  MONDAY, 15 APR 2019
... 6.1% the year before to 4.1%. AIA Australia and MetLife Insurance made the biggest gains in group risk premium inflows, recording 20.6% and 13% annual growth. Overall, the group risk premium inflows were up 4% to $6.4 billion. The group risk segment ...

SMSFs outshine industry funds for large balances

KARREN VERGARA  |  TUESDAY, 9 APR 2019
... grew 0.9% in the 12 months to February 2019. Industry funds outshone retail funds in the $250,000 to $699,999 category, recording a satisfaction rating of 77.9% and a 12.9% lead over retail funds. Unisuper had the highest satisfaction rating (71.2%) ...

Platinum LIC posts $29m in losses

KANIKA SOOD  |  WEDNESDAY, 20 FEB 2019
... The losses come as PMC's six-month performance fell to -8.6% compared to the benchmark MSCI AC World Net Index ($A) recording -4.5%. Over a year, PMC lost 7.4% while the benchmark gained 0.6%. Despite the recent performance, PMC remains firmly above ...

Hiring outlook subdued: Poll

KARREN VERGARA  |  MONDAY, 4 FEB 2019
Despite numerous job indices recording a rosy hiring outlook in 2019, Financial Standard's latest poll shows readership optimism is more subdued. Half of the financial services firms surveyed plan to decrease headcount this year. About a third (30%) ...

Sydney residential property slumps

KANIKA SOOD  |  MONDAY, 7 JAN 2019
... drivers for the weaker national reading, most regions around the country have reacted to tighter credit conditions by recording weaker housing market results relative to 2017," Lawless said. "The two exceptions were regional Tasmania, where the pace ...

Super funds edge towards a flat 2018

DARREN SNYDER  |  THURSDAY, 27 DEC 2018
... $22 billion was wiped from MySuper returns since January. However, some funds were able to manage the downside well. Recording this is the SelectingSuper MySuper/Default index, which fell 3.2% in October and lost all its gains since January 2018. Rainmaker ...

Chief economist update: A prelude to a rate cut?

BENJAMIN ONG  |  FRIDAY, 7 DEC 2018
... to just 0.2% in the September quarter from 0.5% in the June quarter, and private investment subtracted 0.1 pps after recording no contribution in the previous quarter. Whatever growth in consumer spending is there is due to households dipping into their ...

New accounting standards put pressure on life insurers

KARREN VERGARA  |  THURSDAY, 13 SEP 2018
... said. IFRS 9 will add to the volatility in insurers' profit and loss reporting as it allows more choices to be made in recording valuation gains or losses on investment portfolios. In a sense, Guse said the two standards are inter-related. "This is why ...