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

Search Results

Showing 181 - 190 of 2173 results for "Financial Year"

AustralianSuper's MySuper option returns 9.5%

KARREN VERGARA  |  MONDAY, 7 JUL 2025
AustralianSuper's MySuper option delivered 9.5% p.a. for members in the 2025 financial year, slightly trailing behind its peers. The MySuper Balanced option, in which the majority of its nearly 3.7 million members are invested, has about 25% invested ...

Cbus, Rest deliver 'strong' returns amid heightened volatility

MATTHEW WAI  |  FRIDAY, 4 JUL 2025
Cbus and Rest have reported their results for the financial year ending June 30, sharing common themes in success from both domestic and global investments. Cbus Growth MySuper investment option returned 10.29% throughout the period. Its High Growth ...

Vanguard, CFS deliver strong FY25 returns

KARREN VERGARA  |  FRIDAY, 4 JUL 2025
... was the low-cost, indexed-based strategy that outmuscled the other. Vanguard Super returned 13.5% p.a. for 2025 financial year for members aged 47 and under. Since its inception nearly three years ago, Vanguard Super's default MySuper Lifecycle product ...

ASIC funding levy to charge advisers $46.2m

KARREN VERGARA  |  FRIDAY, 4 JUL 2025
... financial advice sector can expect to contribute $46.2 million to ASIC's industry funding levy for the 2025 financial year, new estimates show. ASIC's Cost Recovery Implementation Statement (CRIS) report shows that advisers who provide personal ...

CSLR releases revised levy estimate

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
... financial advice sub-sector. With the assistance of CSLR's principal actuary, the revised estimate for the 2026 financial year has been calculated at $75.698 million, down from the initial estimate published in January of $77.975 million. The key ...

Aware Super delivers double digit returns

ELIZA BAVIN  |  THURSDAY, 3 JUL 2025
... return of 11.9% for its Future Saver High Growth option - its default MySuper option for under 55s - for the 2025 financial year. Retirees invested in Aware's Conservative Balanced option also enjoyed strong performance with the pension option achieving ...

HESTA returns 10.18% to members

ELIZA BAVIN  |  THURSDAY, 3 JUL 2025
HESTA's MySuper Balanced Growth option has delivered 10.18% for the 2024/25 financial year, with the fund crediting the performance of listed equities and prudent management of market volatility for the result. The outcome represents the third consecutive ...

Local assets help deliver 12% for ART

KARREN VERGARA  |  WEDNESDAY, 2 JUL 2025
Homegrown investments helped bolster returns for Australian Retirement Trust (ART) in the 2025 financial year, with some options achieving nearly 12% p.a. The $313 billion super fund with 2.43 million members delivered 11.2% p.a. for its Balanced option ...

APRA expects 'no cutting corners' with CPS230

KARREN VERGARA  |  TUESDAY, 1 JUL 2025
... per member. Excluding SMSFs, the average operating cost per super fund member grew from $230 to $237 in the 2024 financial year. Elkins said: "Every dollar that's in the account is money growing for a member. But that's coming at the tradeoff ...

Average super balance grows to $172k: ATO

KARREN VERGARA  |  MONDAY, 30 JUN 2025
The average superannuation balance grew 5% to $172,000 at the end of the 2023 financial year, new statistics from the Australian Taxation Office reveal. Women had an average super balance of $154,641, while men had $192,119. The median was $54,349 and ...