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Showing 141 - 150 of 3744 results for "Figure"

Global X launches defence technology ETF

ANDREW MCKEAN  |  WEDNESDAY, 9 OCT 2024
Global X has launched a defence technology exchange-traded fund (ETF) which offers targeted exposure to sectors "driving the future of defence." The Global X Defence Tech ETF (ASX: DTEC) will afford investors access to global companies, such as those ...

'Challenging period' for active managers

ELIZA BAVIN  |  WEDNESDAY, 9 OCT 2024
... two-thirds of reported categories. Of the 8417 unique funds represented across all the half-year statistics, a similar figure (64%) of individual funds underperformed their assigned benchmark. "Accompanied by the outperformance of the very largest companies ...

'Alarming' figure in retirement research

ELIZA BAVIN  |  FRIDAY, 4 OCT 2024
Only a third (32%) of Australians believe they would be able to save for their retirement without compulsory superannuation, according to a new survey from AustralianSuper. A third of Millennials (33%) and Gen X'ers (32%), as well as nearly one-in-five ...

Retirement calculators 'can't be counted on': SCA

ANDREW MCKEAN  |  MONDAY, 30 SEP 2024
... AMP's calculator, last updated in 2022, presented the ASFA 'Comfortable Standard' as $47,217 per year, when the correct figure at the time of the review was $51,630, the research said. Several funds also used fees that didn't match their PDS. Diversa ...

Pitcher Partners executives launch advice firm

KARREN VERGARA  |  FRIDAY, 27 SEP 2024
... Sean Ward and Andrew Levi, bought out operational aspects of Pitcher Partners' wealth management for an undisclosed figure. Viola serves as executive chair and adviser. Ward serves as chief executive, having joined Pitcher Partners in 2018 as head ...

Household wealth rises in June quarter

ELIZA BAVIN  |  FRIDAY, 27 SEP 2024
... credit was $97.9 billion, driven by households ($57.5 billion) and private non-financial businesses ($36.9 billion). This figure was partly offset by a $2.2 billion drop in demand for credit by general government.

Inflation debate: Albo says rebates will keep inflation down

ELIZA BAVIN  |  THURSDAY, 26 SEP 2024
Prime Minister Anthony Albanese has hit back at claims the official inflation figures released this week were only lower due to government rebates, despite what the Australian Bureau of Statistics (ABS) data found. Doing the media rounds this morning ...

Fed cut will not move the dial for RBA

ELIZA BAVIN  |  FRIDAY, 20 SEP 2024
The US Federal Reserve delivered its first interest rate cut in four years, reducing the official cash rate by 50 basis points, but experts say the Reserve Bank of Australia (RBA) is still not in a position to do the same. Yesterday's official unemployment ...

Lost super bill sits at $18bn: ATO

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
Despite the Australian Taxation Office's best efforts, there is still close to $18 billion in superannuation yet to be reunited with those who earned it. That's according to the latest figures, which show there's currently $17.8 billion in lost and ...

AMP BOLR litigants face lengthy payout process

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
... number of potential group members this results in the compensation to be approx. $100,000, however the reality is this figure is significantly reduced based on the proposed settlement distribution scheme. Personally, my BOLR shortfall is approximately ...