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Showing 241 - 250 of 2990 results for "February 2013"

Vision Super to drop fees upon merger

ELIZA BAVIN  |  MONDAY, 13 JAN 2025
Vision Super has told members administration fees will be lowered once it has completed the merger with Active Super. Vision Super said after the successor fund transfer (SFT) on 1 March 2025, administration fees will drop from $78 per annum to $66.04 ...

ANZ, Macquarie bring forward rate cut expectations

ELIZA BAVIN  |  MONDAY, 13 JAN 2025
Both ANZ and Macquarie have moved their interest rate cut predictions forward to February from May following last week's inflation data. ANZ head of Australian economics Adam Boyton said the bank was expecting core inflation to drop to 3.2%, down from ...

Platinum AUM inches to $11bn

KARREN VERGARA  |  FRIDAY, 10 JAN 2025
Platinum Asset Management grew its assets under management (AUM) in the last month of 2024 to end up with $11.1 billion. The fund manager made a net gain of $93 million during the month of December despite experiencing outflows of $289 million. Some ...

Chalmers boasts inflation data, experts divided

ELIZA BAVIN  |  THURSDAY, 9 JAN 2025
The monthly Consumer Price Index (CPI) indicator rose 2.3% in the 12 months to November 2024, but trimmed mean inflation came in at 3.2% - still tracking above the Reserve Bank of Australia's (RBA) target range of 2-3%. Speaking at a press conference ...

ASX bleeds $41bn from delistings

KARREN VERGARA  |  THURSDAY, 9 JAN 2025
The number of companies that delisted from the ASX in 2024 took $40.5 billion in market capitalisation with them. A total of 78 companies left the ASX in the 12 months to December, netting a total of 2116 entities that remained listed on the exchange. ...

February rate cut unlikely after inflation data

ELIZA BAVIN  |  WEDNESDAY, 8 JAN 2025
The monthly Consumer Price Index (CPI) indicator rose 2.3% in the 12 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 ...

Perpetual awards mandate to Equity Trustees

KARREN VERGARA  |  TUESDAY, 7 JAN 2025
Perpetual has appointed Equity Trustees (EQT) to oversee two of its superannuation products as the new trustee. Equity Trustees Superannuation will takeover trustee duties on 1 March 2025 from Perpetual for the Select Super Plan and Select Pension Plan. ...

Traders left scrambling over ASX settlement outage

MATTHEW WAI  |  MONDAY, 23 DEC 2024
The Australian Securities Exchange (ASX) suffered another glitch last week that disrupted two days' worth of trades. The ASX said it detected a "technical issue" on its CHESS Batch Settlement last Friday, forcing trade settlements on December 18 ...

Court finds CFD issuers engaged in 'unconscionable conduct'

ELIZA BAVIN  |  MONDAY, 23 DEC 2024
The Federal Court has found that collapsed contracts for difference (CFD) issuer, Union Standard International Group (USG) and two of its former corporate authorised representatives, BrightAU Capital (trading as TradeFred) and Maxi EFX Global AU (trading ...

Superhero Super assets to swell via fund transfer

JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2024
Superhero Super's assets are about to double, as it prepares to merge with MYOB's Slate Super and Simple Choice Super. Members have now been informed that Slate Super and Simple Choice Super - both sub-plans of the Grosvenor Pirie Master Superannuation ...