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Showing 1751 - 1760 of 15611 results for "Now"

Government reports improved fiscal outlook

ANDREW MCKEAN  |  WEDNESDAY, 13 DEC 2023
... the target range soon. "After delivering the first surplus in 15 years, the mid-year update shows that deficits and debt are now lower in every year of the forward estimates compared to the May Budget and are significantly lower compared to what we inherited," ...

Hostplus ups fees on socially responsible option

JAMIE WILLIAMSON  |  WEDNESDAY, 13 DEC 2023
Hostplus has notified members that the fees and costs for its Socially Responsible Investment - Balanced option are now "materially higher", blaming increased performance fees. The industry fund recently updated its Product Disclosure Statement (PDS) ...

Agricultural sector in for a mixed 2024: Outlook

JAMIE WILLIAMSON  |  WEDNESDAY, 13 DEC 2023
... seafood products will be lifted by China. Meanwhile, the Australia-India Economic Cooperation and Trade Agreement (AI-ECTA) has now been in effect for 12 months and the Australia-United Kingdom Free Trade Agreement (A-UKFTA) for six months. However ...

Impact of debt on retiree confidence a mixed bag

CHLOE WALKER  |  TUESDAY, 12 DEC 2023
... to sell and downsize to reduce their debt. According to the Australian Bureau of Statistics, the amount of household debt now sits at an average of $242,000 for Aussies over 55. According to the study, three in five respondents believe that staying in ...

Federal Court approves BT Super $30m settlement

KARREN VERGARA  |  TUESDAY, 12 DEC 2023
... February 2011 who were invested in the Super Cash investment option. BTFM invested funds in a life policy issued by WLIS (now owned by TAL Life). It did so in circumstances where at all material times both BTFM and WLIS were members of the BT Financial ...

Betashares launches 'industry first' bond funds

ANDREW MCKEAN  |  MONDAY, 11 DEC 2023
... over 42% of the total cash and fixed income flows year to date. Betashares' suite of cash, hybrids and fixed income funds now includes 18 funds, and has recently passed $10 billion in funds under management, cementing its podium position as Australia's ...

Platinum names new chief executive, restructures board

KARREN VERGARA  |  MONDAY, 11 DEC 2023
... revisit the board structure, which has been largely driven by the combined chief executive and chief investment officer roles. "Now that these roles have been separated, it is appropriate to restructure the board's composition so that it aligns more ...

ANZ fined $900k over shares disclosure failure

CHLOE WALKER  |  MONDAY, 11 DEC 2023
... (in a share placement) must be disclosed to the market and investors." Chester mentioned that if a similar violation happens now, the fine could range between $15 million and $780 million. She emphasised that this decision should serve as a warning to ...

Mercer Super investment chief departs

ELIZABETH FRY  |  FRIDAY, 8 DEC 2023
... multi-asset portfolios. Collocott has also held senior roles at lnTech, MCA NZ Limited, and Watson Wyatt. Mercer Super Trust is now one of the 15 largest funds in Australia with approximately 850,000 members and $63 billion total assets under managem ...

'Significant deficiencies' lead APRA to act against NGS Super

JAMIE WILLIAMSON  |  FRIDAY, 8 DEC 2023
... regulator said. It added that while NGS has taken steps to address the recommendations in the reviews, the additional conditions now require the fund to engage an independent third party to provide assurance regarding remediation activities and to address ...