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Showing 1 - 10 of 7576 results for %22June 2014%22

Social media, news addiction cost returns: Morningstar

KARREN VERGARA  |  MONDAY, 17 JUN 2024
... and sellers of the stock, what is the gossip in the Twitter sphere..." Tracking $10,000 invested from 31 October 2003 to 4 June 2024, the analysis found that investors who missed the 10 best days of the S&P ASX200 made $33,650. Those who were fully invested ...

Innova backs using super for housing

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... wealth creation. The average super fund has posted a 7.3% annual return (or a real return of 4.5%) over the 30 years ended 30 June 2023, according to ASFA. "The scale of super funds means they could borrow at very low cost. Applying a moderate amount ...

'Little prospect' for RBA hike despite stubborn inflation

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... Commonwealth Bank head of Australian economics Gareth Aird also believes the RBA will keep interest rates unchanged this month. "The June board meeting comes in the wake of the 2024 Federal Budget, which was a little more expansionary than anticipated. ...

AFCA seeks industry feedback on approaches

ELIZA BAVIN  |  FRIDAY, 14 JUN 2024
... said. AFCA said anyone wanting to submit feedback on the proposed annual approach document should have submissions in by 27 June 2024. "AFCA will consider all feedback when preparing the final Annual Approach document schedule, which will be published ...

What's keeping the Treasurer up at night?

ANDREW MCKEAN  |  THURSDAY, 13 JUN 2024
... 3.3% in May 2024, beating forecasts of 3.4%. Despite this progress, inflation has stubbornly hovered in the 3-4% range since June last year. SG Hiscock chief investment officer Rob Hogg said the easing of underlying inflation pressures is "extremely ...

Older clients boost book values

KARREN VERGARA  |  THURSDAY, 13 JUN 2024
... older clients are fetching a higher premium compared to last year, new advice practice valuations show. The Radar Results June 2024 price guide reveals that books of investment and super clients aged 80+ years old have seen their multiples rise by 10% ...

Pengana launches new term account

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
... credit fund, followed by the successful IPO of the Pengana Global Private Credit Trust, which will list on the ASX in late June 2024 under the ticker PCX. All three products leverage Pengana's global private credit master trust managed by Pengana in ...

GST rebate changes worsens cost of advice: SMSFA

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
... calling on ASIC to join the ATO on its "no-compliance approach." "Noting the transitional period should be extended beyond June 30 to provide certainty and clarity, as both product issuers and financial advisers scramble to comply with this unexpected ...

ECB drops interest rates to 3.75%

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
... is now appropriate to moderate the degree of monetary policy restriction after nine months of holding rates steady". From June 12, interest rates on refinancing operations, marginal lending facility, and deposit facility will be decreased to 4.25%, 4.50% ...

Keybridge Capital cops another loss against WAM

ELIZA BAVIN  |  FRIDAY, 7 JUN 2024
... Wilson Asset Management (WAM) and ordered them to pay costs in a court battle that has been dragging out for four years. In June 2020, Keybridge launched legal proceedings against WAM alleging it had improperly transferred 16 million Keybridge shares ...
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