Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 151 - 160 of 1565 results for "Offset"

Australia climbs global wealth ranks

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
... contraction in 2022 was largely attributable to currency effects, such as a strong USD. However, the bounce back of 4.2% offset the loss from 2022. UBS Wealth Management Australia managing director Andrew McAuley said that while wealth grew in 2023 ...

Government lifts funding to preserve banking in the Pacific

ANDREW MCKEAN  |  WEDNESDAY, 10 JUL 2024
... banks must make choices about how best to use their capital," Elliot said. "Business areas that don't offer enough scale to offset costs have become less attractive. "ANZ is not immune to this pressure." Secondly, he said that financial crime regulation ...

Investment veterans take on new roles

ELIZABETH FRY  |  MONDAY, 8 JUL 2024
... its new chief investment officer. He is tasked with managing the insurance commission's investment portfolio held to offset insurance liabilities. McKenna's appointment follows the departure of Julie O'Neil, who left last month to join the ...

Stafford Capital wins $569m mandate

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
Stafford Capital Partners announced it has been selected as a manager for the ACCESS Pool in global core timberland, and as ACCESS' sole global impact timberland manager. The initial size of the ACCESS timberland mandate is around £300 million ($569 ...

Equip Super reduces admin fees, introduces insurance fee

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2024
While their administration fees will fall, from next week many Equip Super members will begin paying an insurance fee calculated at 4% of premiums. From July 1, Equip Super is reducing administration fees across accumulation, defined benefit and retirement ...

Dexus sells three assets for $383.2m

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... capitalisation rates and discount rates. The industrial portfolio fell by about 1.2%, with Dexus saying strong rental growth largely offset the impact of higher capitalisation and discount rates. The weighted average capitalisation rate across the total ...

Dexus sees $1.3bn wiped from portfolio value

JAMIE WILLIAMSON  |  THURSDAY, 20 JUN 2024
... capitalisation rates and discount rates. The industrial portfolio fell by about 1.2%, with Dexus saying strong rental growth largely offset the impact of higher capitalization and discount rates. The weighted average capitalisation rate across the total ...

'Little prospect' for RBA hike despite stubborn inflation

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
The Reserve Bank of Australia (RBA) will almost certainly leave the policy rate unchanged when it meets next week, according to economists. GSFM investment strategist Stephen Miller said there was "little prospect" of a change in messaging from the ...

Interest rate relief unlikely 'this side of Christmas'

ELIZA BAVIN  |  THURSDAY, 30 MAY 2024
... reduce inflation in those demand-sensitive areas it can influence (such as discretionary consumer goods and services) to offset the inflationary pressures in non-interest rate sensitive areas," he said. "While my base case remains that the next move ...

Spaceship expands Voyager suite

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... associated with a high concentration in equities - which is where the Spaceship Galaxy Portfolio comes in. We're able to offset some of that risk through diversification with more defensive assets, such as bonds and cash. "For investors who are more ...