Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 261 - 270 of 3288 results for "Above"

Channel Capital, Arnott Capital set up strategic partnership

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
... adopts an absolute return strategy, focusing on thematic investment opportunities with an equity bias. It aims to deliver above average returns with below average drawdowns by selectively investing in high-quality assets globally. Channel Capital co-head ...

HESTA returns 9.1% to members

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
... Sawtell-Rickson said the strong returns reflected resilience in public financial markets, even as interest rates remained above 4% over the financial year. However, she cautioned that recession triggers are still a looming threat in Australia and many ...

Panel declares 'unacceptable circumstances' for Sequoia

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... voting power in Sequoia. They also purchased additional Sequoia shares resulting in increases in collective voting power above 20% in Sequoia in contravention of section 606 the Corporations Act. Shareholder Anthony "Tony" Jones and his controlled entities ...

AustralianSuper unleashes raft of investment and fee changes

ELIZA BAVIN  |  TUESDAY, 2 JUL 2024
... section that has been removed said: "For advice fees, other than for over-the-phone retirement planning advice mentioned above, the fund claims Reduced Input Tax Credits (RITCs) of 55% on GST it pays and passes the benefit on to you in the form of a ...

Morningstar reveals top three undervalued stocks

ELIZA BAVIN  |  MONDAY, 24 JUN 2024
Morningstar analysts have revealed what they believe to be undervalued stocks with sustainable above average dividend payouts to buy and hold for the long-term, with an Australian name making the list. The analysis found Dexus, Telus Corp and Sociedad ...

Innova backs using leverage in super for housing

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... said millennials are firmly locked out of the property market with average dwelling prices in New South Wales now sitting above $1.2 million. It said now is the time for younger Australians to consider other investment options, including devoting more ...

'Little prospect' for RBA hike despite stubborn inflation

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... a rate cut was still unlikely given persistent inflation. "Despite some signs of a weakening economy, inflation remains above target, making a rate cut unlikely," he said. "Nobody saw COVID-19 or the war in Ukraine coming, and these have been the driving ...

Pengana launches new term account

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
... significant interest from both retail and institutional investors. TermPlus target rates are calculated as a fixed spread above the Reserve Bank of Australia's (RBA) cash rate. For a one-year term account, that equals RBA cash rate plus 3% net of fees ...

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

ELIZA BAVIN  |  TUESDAY, 11 JUN 2024
... used to support retired Australians living in poverty." In addition, the research found that Australia still experiences above average rates of poverty in retirement, coming in at the sixth highest rate in the OECD. The top 20% of income earners receive ...

ECB drops interest rates to 3.75%

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
... domestic price pressures remain stubborn. Wage growth also remains elevated. The bank predicts inflation will likely stay above target well into next year. It now forecasts headline inflation averaging 2.5% in 2024, 2.2% in 2025, and 1.9% in 2026. The ...