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Showing 211 - 220 of 3940 results for "Trend"

Dexus delivers profit, flags 'turning point'

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2025
Dexus delivered a statutory net profit after tax of $10.3 million in the six months to 31 December 2024 - a major change compared to the $597.2 million net loss after tax in HY24. Dexus chief executive Ross Du Vernet said the group had progressed its ...

RBA delivers 'cautious' cut, road ahead unclear

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2025
... similarly expects more cuts to be delivered but expects them over the course of 2025 and 2026. "Assuming this continued trend lower in underlying inflation, there's every reason to expect the RBA will also continue to ease the degree of policy restrictiveness ...

Custodians revel in double-digit gains

JAMIE WILLIAMSON  |  TUESDAY, 18 FEB 2025
Most of Australia's custodians enjoyed double-digit growth in the second half of 2024, benefitting from strong investment markets and ongoing industry consolidation. Data from the Australian Custodial Services Association (ACSA) shows in the six ...

UniSuper prepared for buying opportunities

ELIZA BAVIN  |  TUESDAY, 18 FEB 2025
... said that while 2023 and 2024 were both bumper years for markets - with returns greater than 20% - he didn't expect that trend to continue. "Valuations are high, markets are trading at a premium, and odds are that we're going to have a flat year," Pearce ...

AMP profit dives as advice business sale bites

ANDREW MCKEAN  |  FRIDAY, 14 FEB 2025
AMP's statutory net profit after tax (NPAT) slumped to $150 million in the 2024 financial year, nearly half the previous year's result, which the firm attributed to simplification spend and the sale of its advice business. The prior year's ...

EQT brings new strategy to Australia

MATTHEW WAI  |  FRIDAY, 14 FEB 2025
Local individual and institutional investors now have access to a new semi-liquid strategy from EQT - EQT Nexus Infrastructure. The evergreen strategy provides access to a diversified set of strategies across EQT's €75 billion global infrastructure ...

PGIM inks joint venture for 20 Bridge Street

JAMIE WILLIAMSON  |  THURSDAY, 13 FEB 2025
... improved. "The office sector in Australia has been more resilient than most global office markets, but we see a similar trend in terms of the flight to quality. The asset's strong location, coupled with the significant repositioning plan, allows ...

ETF industry passes $250bn mark

ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2025
... Betashares said January has historically been a quieter month for the Australian ETF industry, however this year has bucked that trend, beating the prior flows record by more than $600 million. Over the past 12 months the Australian ETF industry grew ...

Most retirees who rent live in poverty: Grattan Institute

ANDREW MCKEAN  |  MONDAY, 10 FEB 2025
... said. Notably, homeownership rates among the poorest Australians have declined sharply over the past four decades, and the trend is expected to worsen. The share of over-65s who own their home is projected to fall from 76% today to 70% by 2036 and 57% ...

Renewable energy company secures $160m from Macquarie

KARREN VERGARA  |  MONDAY, 10 FEB 2025
... grow by 25% and electric vehicles at 17%. "Encouragingly, investor appetite is growing and diversifying to support this trend, building on the energy transition's track-record of delivering positive returns," MAM said in its 2025 outlook on green investments. ...