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Showing 181 - 190 of 4334 results for "FIG"

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
The S&P Dow Jones SPIVA Global Scorecard has revealed another tough year for active management in 2024. Initially covering just US-domiciled funds, nine regional year-end scorecards now cover active performance in funds operating in markets in Australia ...

'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 ...

Labor delivers another budget surplus, but productivity stalls

ELIZA BAVIN  |  TUESDAY, 1 OCT 2024
The final budget outcome for 2023/24 came in as a surplus of $15.8 billion - or 0.6% of GDP - for the underlying cash balance - an improvement of $6.5 billion on the previous estimates. The better-than-expected outcome was driven mainly by the payments ...

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

ANDREW MCKEAN  |  MONDAY, 30 SEP 2024
While most superannuation funds opine that retirement calculators are key to helping members, research from Super Consumers Australia (SCA) has found they often fail to produce reasonable results. The consumer advocate reviewed the country's largest ...

Pitcher Partners executives launch advice firm

KARREN VERGARA  |  FRIDAY, 27 SEP 2024
Three Pitcher Partners executives have set off to launch Viola Private Wealth, an ultra-high-net-worth financial advice firm spearheaded by Charlie Viola. Viola, together with founding partners Sean Ward and Andrew Levi, bought out operational aspects ...

Household wealth rises in June quarter

ELIZA BAVIN  |  FRIDAY, 27 SEP 2024
Household wealth rose for the seventh consecutive quarter - rising 1.5% or $250 billion - in June 2024, according to data from the Australian Bureau of Statistics (ABS). Total household wealth was $16.5 trillion in the June quarter, which was 9.3% ($1.4 ...

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 ...

ASIC, RBA handed new financial market infrastructure powers

ANDREW MCKEAN  |  FRIDAY, 20 SEP 2024
ASIC and the Reserve Bank of Australia (RBA) have been given new powers under new financial market infrastructure laws to enhance their licensing, supervisory, and enforcement abilities. The Treasury Laws Amendment (Financial Market Infrastructure and ...

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 ...