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Showing 1331 - 1340 of 8586 results for "SIM"

RBA deputy governor joins Westpac

CASSANDRA BALDINI  |  MONDAY, 10 JUL 2023
Luci Ellis will join Westpac as its new chief economist after almost 15 years with the Reserve Bank of Australia (RBA), succeeding the long-serving Bill Evans. Ellis will join the bank in October while Evans will stay with the group and transition into ...

ASX consultation: Time to say goodbye to mFund?

ANDREW MCKEAN  |  FRIDAY, 7 JUL 2023
The ASX has started a consultation process concerning the potential wind-down and closure of mFund. The market operator is seeking feedback from industry stakeholders on their preferences for transacting in managed funds via the ASX, and the proposed ...

BlackRock drops more ETF fees

CHLOE WALKER  |  FRIDAY, 7 JUL 2023
BlackRock's iShares Core FTSE Global Infrastructure (GLIN) and iShares Core FTSE Global Property ex Australia (GLPR) ETF fees have been lowered. The ETFs were listed in May this year and originally priced at 20 basis points (or 0.20%). The new fee ...

Wage increases shouldn't equal rate hikes

CASSANDRA BALDINI  |  TUESDAY, 4 JUL 2023
Former Labor MP Stephen Conroy has vetoed the idea that wage increases should drive further hikes and said the Reserve Bank of Australia (RBA) is looking to put the nail in the coffin of the Australian economy. In an interview with Sky News ahead of ...

FAAA celebrates membership renewals, anticipates more

ANDREW MCKEAN  |  TUESDAY, 4 JUL 2023
The Financial Advice Association Australia (FAAA) has received over 8700 membership renewals, with more to come, according to chief executive Sarah Abood. The end of financial year marked a critical membership juncture for the association, Abood noted. ...

Cromwell, Value Partners group join forces

CHLOE WALKER  |  MONDAY, 3 JUL 2023
Cromwell Property Group (Cromwell) and Hong Kong-based asset manager Value Partners Group have established a joint venture, exchanging on the sale of a 50% stake in the Cromwell Italy Urban Logistics Fund assets. The seven properties that make up the ...

RIAA chief executive to exit

ROSE MARY PETRASS  |  FRIDAY, 30 JUN 2023
After serving as chief executive of the Responsible Investment Association Australasia (RIAA) for more than 10 years, Simon O'Connor is leaving at the end of this year. O'Connor took the position in February 2013, leaving environmental non-profit ...

Netwealth relaunches Wealth Accelerator

JAMIE WILLIAMSON  |  FRIDAY, 30 JUN 2023
The revamped platform offers a range of new services, including the ability to manage off-platform assets and custodial assets through the one account. Netwealth is relaunching the flagship Wealth Accelerator platform to better service the growing number ...

Smart beta ETP market share matures: Morningstar

ANDREW MCKEAN  |  THURSDAY, 29 JUN 2023
The smart beta ETP market has reached maturity, evidenced by declining product closures, and increasingly intense fee competition, according to a Morningstar report. As of 31 December 2022, there were 1384 smart beta ETPs worldwide, with assets under ...

Inflation drops to 5.6%

CASSANDRA BALDINI  |  THURSDAY, 29 JUN 2023
The Consumer Price Index (CPI) has fallen to 5.6%, fueling hopes the Reserve Bank of Australia (RBA) will pause interest rate hikes next week. The latest CPI numbers, released yesterday by the Australian Bureau of Statistics (ABS), came as a pleasant ...