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Showing 1 - 10 of 3529 results for "November"

RBA hints another rate rise could be on the cards

ELIZA BAVIN  |  WEDNESDAY, 22 MAY 2024
... sector." Allen said CBA remains "comfortable" with its base case that the RBA will start easing interest rates gradually in November this year.

Magellan advances MGF conversion to open class

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... Magellan Asset Management said it intends to announce and release the unitholder booklet shortly thereafter. Incepted in November 2020, MGF had about $3.3 billion in assets at the end of April. MGF's NAV per unit as of May 16 was $2.24. It invests ...

Crescent Capital sells down ClearView stake

ELIZA BAVIN  |  FRIDAY, 17 MAY 2024
... Crescent Capital Partners that, as part of the block trade the Crescent Funds have agreed to an escrow period until 20 November 2024 in respect of their remaining 225,174,975 ordinary shares in ClearView, unless otherwise waived by Morgans in writing ...

Value versus growth: Market expectations in 2024

ANDREW MCKEAN  |  THURSDAY, 16 MAY 2024
... investments Prasad Patkar said this shift was driven by a "reset in expectations" regarding interest rates, noting that back in November 2021 the expectation was for three rate hikes in 2022, but the actual increases were much higher: a major adjustment. ...

Former NSW adviser loses ban appeal

ELIZA BAVIN  |  WEDNESDAY, 15 MAY 2024
... banned the former NSW based adviser after he was convicted of fraud offences in the Local Court of NSW at Hornsby on 4 November 2022. Sweeney was authorised to provide advice between 17 November 2014 to 30 July 2018. Formerly, Sweeney was the sole director ...

Budget 2024: Government heeds industry calls to better support women

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... less in super. The median balance for those aged 60 to 64 is $211,996 for males and $158,806 for females, according to November 2023 data from the Association of Superannuation Funds of Australia (ASFA). Other measures announced include investing $56.1 ...

Former super fund adviser receives permanent ban

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... Quadrant First, which is a wholly owned subsidiary of Spirit Super. He was licensed by the fund between April 2021 and November 2022. Prior to that, Dzawo was licensed by Link Advice, owned by Link Group, for about three years. Between February 2016 ...

Future Group changes fees for Guild members

JAMIE WILLIAMSON  |  WEDNESDAY, 8 MAY 2024
GuildSuper and GuildPension members will see some changes to the fees they pay from this month. In November last year, Future Group acquired GuildSuper, including Child Care Super, adding about $2.77 billion in funds under management and some 99,000 ...

Litigation funder disputes AMP BOLR settlement

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2024
... circumstances, the court said the total of the funder's entitlements would be approximately $42,968,902.36. Last November, AMP agreed to pay the $100 million to settle the BOLR class action. In 2018, AMP's estimated BOLR liability stood at $1.2 ...

Experts weigh in: Will the RBA hike rates again?

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
... it shifted to at the March board meeting, as we anticipated," Aird said. "Our base case sees the RBA on hold until the November board meeting when we expect the RBA to commence an easing cycle." RSM economist Devika Shivadekar said it is likely the RBA ...
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