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Showing 1 - 10 of 4476 results for "Debt"

Budget 2024: The Budget by numbers

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... came to government," Chalmers said. "On our watch, the Budget is $215 billion stronger over the six years to 2027-28." Gross debt is expected to peak at 35.2% of GDP in 2026-27 before declining to 30.2% by 2034-35. "This year gross debt will be $904 ...

ANZ confirms ASIC investigation

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... made a complaint. The sources which spoke to the AFR claimed the AOFM became concerned about the way in which some of its debt had been sold and believed ANZ staff involved in the transactions may have been acting inappropriately. This marks the second ...

Inflation spooks retirees more than healthcare costs

KARREN VERGARA  |  FRIDAY, 10 MAY 2024
... for retirement, 34% of members make extra super contributions; 38% are paying off home loans; and 46% are reducing their debt. Meanwhile, the majority (68%) of retirees in Schroders' survey believe they will outlive their assets. One-in-three (33%) ...

Discover the best performing asset class of 2023: Mercer

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
... Australia in 2023. Global small caps (unhedged) achieved a 15.62%, followed by Australian equities at 12.13%, and emerging market debt 12.01%, rounding out the top five asset classes. "Investors with a technology and growth orientation, particularly ...

Morningstar unsure if KKR's Perpetual bid benefits shareholders

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
... said shareholders can expect to receive cash proceeds, probably through a capital return, after paying off Perpetual's group debt - currently $771 million - in addition to transaction and separation costs, and other specific business expenses. He also ...

Betashares launches Australian Major Bank Subordinated Debt ETF

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
Betashares has introduced the Australian Major Bank Subordinated Debt ETF (ASX: BSUB) on the ASX. This ETF offers exposure to a portfolio of Tier 2 floating rate subordinated bonds issued by the Australian big four banks. To be eligible for inclusion ...

Perpetual seals $2.18bn deal with KKR, chief to retire

ANDREW MCKEAN  |  WEDNESDAY, 8 MAY 2024
... Perpetual chief executive Rob Adams. The net proceeds from the sale, after accounting for the repayment of Perpetual's debt and other transaction-related costs, will be distributed to shareholders. The exact amount of these proceeds will be detailed ...

AMP launches alternative debt fund

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
AMP is launching a new investment solution to provide bespoke access to global private debt investments in developed markets. AMP said the total volume of institutional assets under management allocated to private debt is estimated to be around US$1.7 ...

Global X launches new gold ETF

ELIZA BAVIN  |  THURSDAY, 2 MAY 2024
... gold prices are well supported. Statistically, the best two predictors of the gold price are real yields on US government debt and the strength of the US dollar. With markets forecasting these to possibly fall late in 2024 or early in 2025, if history ...

Dividends up but share buybacks fall: Janus Henderson

ELIZA BAVIN  |  WEDNESDAY, 24 APR 2024
... dividends," Lofthouse said. Lofthouse said higher interest rates have played a role in the decline of buybacks. He said when debt is cheap it makes sense for companies to borrow more and use the proceeds to retire expensive equity capital. "With rates ...
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