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Showing 221 - 230 of 4552 results for "Dollar"

Government lifts funding to preserve banking in the Pacific

ANDREW MCKEAN  |  WEDNESDAY, 10 JUL 2024
The government will inject an additional $6.3 million to curb the rapid withdrawal of banking services in the Pacific. The funding includes $2.9 million to the World Bank for developing digital identity infrastructure across Pacific Island countries ...

Inflation pummels adviser pay by 20%

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2024
... by Recruit 2 Advice found that since 2000, advisers' salaries increased 1.9% annually or 2.8% averaged for inflation. In dollar terms, advisers earned $165,000 on average or $207,000 adjusted for inflation. This essentially equates to a $42,000 gap or ...

Political risk pushes institutional investors to cash: Report

ELIZA BAVIN  |  WEDNESDAY, 10 JUL 2024
... into full swing. "The US will face its own political event risk later this year, but the lesson from June was that the US dollar remains investors' safe haven of choice in the face of event risk," he said. "Long-term investor demand for the USD rebounded ...

GAM launches alternative investments unit

ELIZA BAVIN  |  TUESDAY, 9 JUL 2024
... investment officer of the Fortress Centaurus Global Fund. In 2000, Freeman co-founded Centaurus Capital, a multi-billion-dollar hedge fund group with assets at its peak of US$5 billion, where he served as chief executive and chief investment officer ...

Global X launches currency hedged version of FANG+ ETF

ANDREW MCKEAN  |  FRIDAY, 5 JUL 2024
... incorporates "the most innovative next-generation technology companies" across various segments and sectors. "The Australian dollar has softened considerably over the past two years, and given this fluctuation, our clients are seeking to include AUD-hedged ...

Citi Australia appoints debt capital markets lead

KARREN VERGARA  |  MONDAY, 24 JUN 2024
... As the head of cross border capital markets in New York, Bailey is responsible for the origination and execution of US dollar securities for global borrowers and some US domestic clients. He has been with Citi for more than 20 years. Bailey replaces ...

Global X cuts management fees

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
Global X ETFs will reduce the annual management fees for its Global X 21Shares Bitcoin ETF (Cboe: EBTC) and Global X 21Shares Ethereum ETF (Cboe: EETH), effective July 1. Both Australian-listed cryptocurrency products will see a reduction from 1.25% ...

Super tax concessions cost $54.5bn in lost revenue: Research

ELIZA BAVIN  |  TUESDAY, 11 JUN 2024
... benefits is incredibly unequal," Australia Institute research fellow Minh Ngoc Le said. "Treasury estimates show that, dollar for dollar, high income earners actually receive more government support than those on middle and low incomes because of our ...

Future Fund, QIC finalise new deal

ANDREW MCKEAN  |  FRIDAY, 7 JUN 2024
... Future Fund's first direct investment in an Australian toll road and is in line with our strategy to seek more Australian dollar exposures," Future Fund chief investment officer Ben Samild said. "Infrastructure assets such as Eastlink provide reliable ...

More businesses fold, unpaid super recovery measure to launch

KARREN VERGARA  |  THURSDAY, 6 JUN 2024
... recovery program was established, the recovery of FEG as dividends in the liquidations has increased from 14 cents in the dollar to 34 cents in the dollar. Since its inception, the program has recovered $233 million in FEG advances and cost recoveries ...