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Showing 161 - 170 of 3742 results for "Figure"

More than 11k businesses call in administrators

MATTHEW WAI  |  FRIDAY, 26 JUL 2024
... data shows more than 11,000 companies entered external administration for the first time last financial year. While the figure is higher than previous peaks in 2011-12 and 2012-13, ASIC clarified that there are more businesses in Australia today; there ...

Consultation opens on tax practitioners' registration

KARREN VERGARA  |  MONDAY, 22 JUL 2024
... profits from Australia to tax as well as tax havens. Former PwC head of international tax Peter-John Collins was a central figure in the scandal. His actions resulted in a two-year ban from the Tax Practitioners Board (TPB), while ASIC barred him from ...

RBA needs to 'rip the band-aid off' and hike rates: VanEck

ELIZA BAVIN  |  FRIDAY, 19 JUL 2024
... the RBA's target range of 2% to 3%," Chesler said. "It's a tough pill to swallow, but the reality is that an unemployment figure of at least 4.5% would be needed to cool inflation." Chesler said it appears as though the tight labour force will persist ...

Markets look to US rate cuts as inflation falls

ELIZA BAVIN  |  FRIDAY, 12 JUL 2024
The US Federal Reserve (Fed) has indicated that a cooling labour market has alleviated inflation pressures, signalling to investors that interest rate cuts could be on the horizon. June's US consumer price index (CPI) data revealed a rise of 3% from ...

ASX delistings outpacing new market entries

ELIZA BAVIN  |  MONDAY, 8 JUL 2024
... portfolio diversification and higher returns. An estimated US$24.4 trillion of capital is now invested in private markets, a figure that is expected to continue rising despite recent economic headwinds. Several factors were driving this market growth ...

New recruits top advice industry priority: FAAA

KARREN VERGARA  |  FRIDAY, 28 JUN 2024
The industry is urgently prioritising the recruitment of new advisers as those who remain bear the brunt of paying heftier levies that aggravate the costs of running a business and puts financial advice further out of reach for Australians. The latest ...

Prime Financial Group adds to c-suite with new role

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024
... continues work towards its goal of doubling revenue from $26 million in FY22 to $50 million by FY25, then doubling that figure again to $100 million. Lake was appointed chief growth officer in May this year and is responsible for pursuing new business ...

New Zealand exits recession

KARREN VERGARA  |  MONDAY, 24 JUN 2024
... in an economic update. As an example, New Zealand's economy is still some 0.5% below the Q3 2022 peak. The headline figure "is being flattered by NZ's strong population growth of late, thanks to very high levels of net immigration," ASB Bank ...

Smaller super funds eye AustralianSuper, ART dominance

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
As AustralianSuper, Australian Retirement Trust (ART), and Aware Super continue to dominate the superannuation sector in terms of total assets, the smaller players are becoming serious contenders. New APRA statistics show that AustralianSuper had more ...

HESTA awards global private equity mandate

ANDREW MCKEAN  |  WEDNESDAY, 19 JUN 2024
... invested in three years. Stafford reported that it's currently generating strong risk-adjusted returns - but the precise figure remains undisclosed. HESTA has more than $1 billion invested with Stafford, which has been managing capital on behalf of the ...