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Showing 201 - 210 of 3407 results for "ABS"

How to simplify super to get better retirement outcomes: Mercer

ANDREW MCKEAN  |  MONDAY, 13 JAN 2025
The superannuation system has lacked a clear direction for the provision of retirement outcomes, and while this is gradually changing, there remains a need to make it simpler for Australians, according to a Mercer report. The Australian retirement income ...

Managed funds industry winners and losers

ANDREW MCKEAN  |  FRIDAY, 10 JAN 2025
Exchange-traded funds (ETFs) are still winning the contest for net flows against unit trusts, according to Rainmaker Information's 2024: The year in wealth management webinar. ETFs attracted around $2 billion in net inflows a month last year whereas ...

February rate cut unlikely after inflation data

ELIZA BAVIN  |  WEDNESDAY, 8 JAN 2025
... months to November 2024, up from a 2.1% rise in the 12 months to October, according to the Australian Bureau of Statistics (ABS). The biggest jumps in prices were in food and non-alcoholic beverages (up 2.9%), alcohol and tobacco (up 6.7%), and recreation ...

January Capital raises $136m for APAC growth credit fund

MATTHEW WAI  |  FRIDAY, 20 DEC 2024
The Singapore-based investment firm has raised more than $136 million (US$85 million) on the first close of its Growth Credit Fund, with the strategy focused on growth-stage technology companies. January Capital secured commitments from financial institutions ...

Super balances drive household wealth growth

ELIZA BAVIN  |  THURSDAY, 19 DEC 2024
... consecutive quarter, up 2.4% or $401 billion in the September quarter 2024, according to the Australian Bureau of Statistics (ABS). Total household wealth was $16.9 trillion in the September quarter, which was 9.9% ($1.5 trillion) higher than a year ...

Renewable infrastructure opportunities for HNWIs

ELIZA BAVIN  |  FRIDAY, 13 DEC 2024
Australian Ethical's new head of private markets Adam Roberts thinks private wealth investors should forget the ASX, saying the best opportunities to capitalise on the energy transition are in private markets. Roberts told FS Private Wealth that ...

Bain Capital bids for Insignia Financial

KARREN VERGARA  |  FRIDAY, 13 DEC 2024
Insignia Financial has confirmed it received a takeover bid from US private equity firm Bain Capital following months of speculation. Insignia confirmed to the ASX that Bain Capital lobbed a confidential, preliminary, non-binding, and indicative proposal ...

Unemployment drops below 4%

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
... adjusted unemployment rate fell by 0.2 percentage points to 3.9% in November, according to the Australian Bureau of Statistics (ABS). "With employment rising by 36,000 people and the number of unemployed decreasing by 27,000 people, the unemployment ...

Top superannuation policy priorities for 2025: SMC

ANDREW MCKEAN  |  TUESDAY, 10 DEC 2024
Super Members Council (SMC) has set out its key policy priorities in 2025 to further strengthen the superannuation system. The advocacy group, which represents over 11 million people, has called for no changes to the superannuation system's fundamental ...

ANZ chief to retire, external successor named

MATTHEW WAI  |  MONDAY, 9 DEC 2024
Following an extensive search, ANZ has appointed a new leader as chief executive Shayne Elliot prepares to retire. ANZ said it assessed a range of external and internal candidates, with the board "spoilt for choice" in the process, ANZ chair Paul O'Sullivan ...