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Showing 241 - 250 of 2944 results for "August 21"

Property fund management firm loses AFSL

MATTHEW WAI  |  TUESDAY, 15 OCT 2024
ASIC has stripped the Australian financial services licence (AFSL) of Aretean Ltd Pty, trading as Aretean Capital, following the fund manager's failure to comply with its obligations. Aretean Capital boasts assets under management of over $250 million ...

Household spending drops in September: CBA

ELIZA BAVIN  |  TUESDAY, 15 OCT 2024
The Commonwealth Bank's (CBA) Household Spending Insights (HSI) index fell 0.7% month on month in September, in seasonally adjusted terms, following a gain in August of 1.6%. The fall in September was in line with expectations, CBA chief economist Stephen ...

Best and worst performing ETFs revealed

ELIZA BAVIN  |  MONDAY, 14 OCT 2024
The best and worst performing Australian ETFs have been identified in new analysis by InvestSMART in its inaugural ETF Scorecard report. The report provides a ranking of ETFs based on their performance to 31 August 2024. The best performing ETF was ...

TAL changes underwriting limits

KARREN VERGARA  |  MONDAY, 14 OCT 2024
TAL has introduced several changes to underwriting limits that reduces medical test requirements for new life, total and permanent disability (TPD), and income protection insurance applications. For life and TPD, customers aged 49 and younger can apply ...

Global X launches defence technology ETF

ANDREW MCKEAN  |  WEDNESDAY, 9 OCT 2024
Global X has launched a defence technology exchange-traded fund (ETF) which offers targeted exposure to sectors "driving the future of defence." The Global X Defence Tech ETF (ASX: DTEC) will afford investors access to global companies, such as those ...

RBA feels 'not enough has changed'

ELIZA BAVIN  |  TUESDAY, 8 OCT 2024
The Reserve Bank of Australia (RBA) board has held strong on its standpoint that an interest rate cut is not yet on the cards, as it released minutes from the September meeting. The board said that while inflation had been slowly coming back into the ...

VFMC fills new head of asset classes role

ANDREW MCKEAN  |  FRIDAY, 4 OCT 2024
Victorian Funds Management Corporation (VFMC) has tapped an internal candidate to step into the newly minted role of head of asset classes. Mark Aarons has been chosen to take on the role. Aarons joined VFMC in the role of head of investment risk in ...

Federal Court quashes ANZ appeal

KARREN VERGARA  |  THURSDAY, 3 OCT 2024
The Federal Court threw out ANZ's appeal against a ruling it breached continuous disclosure laws relating to a 2015 institutional share placement and upheld the bank pay the $900,000 penalty. ASIC took action on ANZ in 2018, alleging it failed to notify ...

Nanuk fund lists as currency hedged ETF

KARREN VERGARA  |  WEDNESDAY, 2 OCT 2024
Nanuk Asset Management has launched a currency hedged version of an active exchange-traded fund (ETF) on the ASX. The New World Fund (Currency Hedged) Active ETF was admitted on the ASX under ticker code NNWH on September 30. The fund invests in companies ...

Inflation cools but RBA unlikely to budge

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
The monthly Consumer Price Index (CPI) indicator rose 2.7% in the 12 months to August 2024 - down from 3.5% in July, according to the latest data from the Australian Bureau of Statistics (ABS). Falls in fuel (-7.6%) and electricity (-17.9%) were significant ...