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Showing 1251 - 1260 of 14210 results for "Interest"

BlackRock launches new government bond ETF

ELIZA BAVIN  |  THURSDAY, 13 JUN 2024
... liquidity, and portfolio efficiency of the bond ETF structure also allows for precise allocation between Australian and global interest rate regimes." BlackRock Australasia iShares and index investments specialist Tamara Stats said with interest rates ...

Pengana launches new term account

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
... term accounts, with a minimum investment of $2000. Pengana said it believes TermPlus is poised to attract significant interest from both retail and institutional investors. TermPlus target rates are calculated as a fixed spread above the Reserve Bank ...

CSLR makes inaugural payments

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
The Compensation Scheme of Last Resort (CSLR) made its first payments to four victims totalling more than $360,000, three of which related to bad financial advice. One payout of about $145,000 related to inappropriate personal financial advice provided ...

BlackRock to launch new ETF

ELIZA BAVIN  |  FRIDAY, 7 JUN 2024
... have often viewed emerging markets as a single asset class. However, this perspective has evolved. There is now growing interest in country-specific allocations, such as China or India, in addition to broad emerging market exposures. This shift enables ...

ECB drops interest rates to 3.75%

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
The European Central Bank (ECB) cut interest rates by 0.25% to 3.75% - the first decrease in five years. The rate cut affects three key ECB interest rates based on an inflation outlook, the dynamics of underlying inflation, and the strength of monetary ...

Future Fund, QIC finalise new deal

ANDREW MCKEAN  |  FRIDAY, 7 JUN 2024
Future Fund and QIC reached a deal for an interest in the EastLink toll road network sold by New Zealand Superannuation Fund and Teachers Insurance and Annuity Association of America, advised by its investment advisor Nuveen Infrastructure. The transaction ...

Australian Unity lashed by ASIC over TMD questionnaire

JAMIE WILLIAMSON  |  THURSDAY, 6 JUN 2024
Australian Unity Funds Management has been told to stop offering its Select Income Fund, with ASIC saying retail clients are unlikely to understand the questionnaire used to determine whether they would be in the target market. ASIC made an interim ...

EQT updates on Australian Executor Trustees acquisition

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... growth for the company, adding $5.4 billion in funds under management and boosting overall revenue and earning before interest, tax, depreciation and amortisation by more than a third. The acquisition was funded through a combination of both debt and ...

ASIC cancels AFSL of XTrade

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... representatives complied with financial services laws, did not have adequate arrangements for the management of conflicts of interest, failed to take reasonable steps to ensure its retail product distribution was consistent with its target market determination ...

Inflation debate: Older Australians accused of driving crisis

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUN 2024
... against inflation after it conceded people aged over-65 are spending more, having "made bank" on the back of increased interest rates. Appearing at the Senate Economics Legislation Committee this morning, RBA governor Michele Bullock said the nominal ...