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Showing 1411 - 1420 of 4506 results for "Reach"

Chief economist update: Australia's gentle turning point to turn

BENJAMIN ONG  |  THURSDAY, 5 MAR 2020
Well, what do you know? Reserve Bank governor Philip Lowe had been right all along in his claim that, "the Australian economy appears to have reached a gentle turning point". The latest Australian National Accounts proved the truth in Lowe's statement. ...

ETF popularity soars 52%

ALLY SELBY  |  FRIDAY, 28 FEB 2020
Latest insights from Morningstar show Australia's ETF market grew 52% in 2019, reaching highs of $61 billion in assets. It's a far cry from two decades ago; the industry was worth $3 billion in 2010, and there were only 27 ETF products available ...

Chief economist update: Wall Street sneezes

BENJAMIN ONG  |  THURSDAY, 27 FEB 2020
It may have started in China and is infecting its way around the planet but the coronavirus hadn't had much impact on equity markets until it hit investor sentiment on Wall Street. Five straight down days have taken returns on the S&P 500 index ...

Climate threat pushes Aussies to sustainability

ALLY SELBY  |  WEDNESDAY, 26 FEB 2020
Mutual fund assets in sustainable investments surged 23% in 2019, as Aussie investors wake up to the "critical threat" of climate change. Singapore based research and consulting firm Cerulli Associates found that the sector recorded $1.2 billion in ...

Ethical super fund cuts fees

HARRISON WORLEY  |  WEDNESDAY, 26 FEB 2020
An ethical superannuation fund is set to cut its administration fee by 12 basis points as it looks to pass on scale benefits. Australian Ethical will drop the percentage-based administration fee it charges to members from 0.41% to 0.29% p.a. in April. ...

Super tax concessions out of hand

HARRISON WORLEY  |  MONDAY, 24 FEB 2020
... release of Treasury's Tax Benchmark and Variations Statement, the Institute notes super tax concessions are expected to reach $41.3 billion in 2019-20, and are growing at a rate of 25.2%, leaving them on course to hit $52.5 billion within three years. ...

New Aussie ETF to invest in FAANGs

KANIKA SOOD  |  FRIDAY, 21 FEB 2020
... markets stay resilient. For year two, when the ETF filters onto approved products list, the company expects the fund to reach $150 million. The company thinks the ETF could especially appeal to younger investors, who have decades left to build their ...

ATO cracks down on SMSFs

ELIZABETH MCARTHUR  |  FRIDAY, 21 FEB 2020
Delegates to the SMSF Association's annual conference have heard of the uptick in enforcements against SMSFs this financial year. Speaking at the conference, ATO assistant commissioner - SMSF Segment Dana Fleming said that in the financial year ...

Factor investing, sustainability a perfect match

ALLY SELBY  |  THURSDAY, 20 FEB 2020
... long term as opposed to outperforming the market," he said. According to BlackRock, the factor-investing industry is set to reach US$3.4 trillion by 2022. Fees in this sector are typically lower than their traditional, fundamental counterparts.

Westpac forks out $80m for AUSTRAC scandal

ELIZA BAVIN  |  THURSDAY, 20 FEB 2020
... report directly to the chief risk officer. The bank said it continues to work closely and "cooperatively" with AUSTRAC to reach a Statement of Agreed Facts and Admissions. Westpac said it is not able to reliably estimate the cost of the penalty it may ...