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| | | ANZ posted a net profit after tax for the first quarter of $1.62 billion, up 54% on the average of the past two quarters. ANZ chief executive Shayne Elliott said it was a strong performance given the volatile trading conditions that highlights the benefits ... |
| | | | ... inflation target. Here are the annual inflation averages for 2019: Headline CPI inflation, down to 1.81% from 2018's average of 2.43%; Core CPI inflation, up from 2.14% to 2.19%; Core PCE price inflation, down to 1.7% from 2.0%; and the Fed's ... |
| | | | ... property portfolio increased by 291 properties with rent increasing by $2 million as a result. In addition, the weight average lease expiry (WALE) increased from 8.6 to 9.1 years. Throughout the half-year, the property investment portfolio of $2 billion ... |
| | | | ... our fix, simplify, perform strategic priorities." "Our first quarter 2021 result was higher than the second half 2020 average, mainly from an impairment benefit reflecting both improved credit quality and a much-improved economic outlook." He added that ... |
| | | | ... funds under management grew $1.5 billion to $9.3 billion. Managed account inflows jumped $1.3 billion to $7.6 billion. The average account size increased to $440,000 as at 31 December 2020, with the average annualised platform revenue per account increasing ... |
| | | | If there's one thing that matches (well, nearly) the exponential rate of infection from the coronavirus, it's the vertigo-inducing rally on Wall Street. After dropping to three-year lows in March last year, US equities have rocketed higher and ... |
| | | | ... million in total assets at June end. It had 15 member options and about 3460 member accounts (down 19% in two months). Average member had $58,000 in balance, according to APRA statistics. "BT Funds Management Limited...the Trustee of Advance Retirement ... |
| | | | ... The NAB business confidence index jumped by five percentage points to a reading of +10 in January - above its long-run average of +6 and despite lower than the +13 recorded in November last year, remains the highest in three years. Improved consumer ... |
| | | | ... their own wage increase from their retirement savings, would also add $20,000 to the tax bill of an Australian couple on average earnings, because wages are taxed at a higher rate than super contributions." Industry Super Australia deputy chief Matthew ... |
| | | | ... Net profit after tax for the six months ending December 2020 was $202 million, up 3% from the same period in 2019. Total average FUM was $100.9 billion (9% higher), resulting in management fees of $311.4 million (8% higher) and performance fees of $12.4 ... |
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