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Showing 281 - 290 of 2582 results for "Statistics"

Challenger to buy industry-fund-owned bank

KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
... million. It expects the bank to break even from FY22. Bell Porter says opportunity bigger than it seems According to APRA statistics at October end, the bank had $166 million in total resident assets. By this measure, it is the third-smallest ADI of ...

Industry fund called out over board diversity initiatives

KARREN VERGARA  |  THURSDAY, 17 DEC 2020
... Leigh, who questioned why board diversity initiatives take a backseat. APRA's June 2020 fund level superannuation statistics revealed Rest had the highest number of women members at 1.1 million. Of AustralianSuper's 2.4-million-member base, 957,000 ...

Household wealth hits record high

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
... wealth increased 1.7% to a record high of $11.35 trillion, according to the latest figures from the Australian Bureau of Statistics (ABS). ABS head of finance and wealth Amanda Seneviratne said the September quarter estimate surpassed the previous high ...

ASIC to improve default insurance

KARREN VERGARA  |  FRIDAY, 4 DEC 2020
... base." In 2018, ASIC raised many of these concerns in Report 591 Insurance in superannuation. Using Australian Bureau of Statistics data, ASIC highlighted the fact that more than half of the workforce is employed in primarily administrative or office-based ...

Nasdaq proposes diversity rules

KARREN VERGARA  |  THURSDAY, 3 DEC 2020
... Securities and Exchange Commission that also requests companies to publicly disclose "consistent, transparent diversity statistics" regarding the composition of boards. For foreign companies and smaller-reporting companies have additional flexibility ...

Chief economist update: Australia is out

BENJAMIN ONG  |  THURSDAY, 3 DEC 2020
... recession - two consecutive quarters of negative GDP growth - Australia is technically out of it. The Australian Bureau of Statistics reported the domestic economy rebounded by 3.3% in the September quarter, recovering nearly half of the 7.0% lost output ...

Life insurance performance plummets

ANNABELLE DICKSON  |  FRIDAY, 27 NOV 2020
... significant losses. The Australian Prudential Regulation Authority's (APRA) latest quarterly life insurance performance statistics paint a bleak picture with net profit after tax down 95.6% to $18 million while total revenue down 27.4% in the September ...

Chief economist update: Australian capex in COVID-19's shadow

BENJAMIN ONG  |  FRIDAY, 27 NOV 2020
It wasn't that long ago when financial markets expended much speculation on the outcome of the Australian Bureau of Statistics' (ABS) "Private New Capital Expenditure and Expected Expenditure" quarterly survey, for not only does it provide an ...

FASEA reveals October exam results

KARREN VERGARA  |  THURSDAY, 26 NOV 2020
... passed, according to the Financial Adviser Standards and Ethics Authority. FASEA has released the most recent exam statistics, which show 76% of advisers passed the October sitting. There were 625 advisers who sat the most recent exam. The overall pass ...

Chief economist update: It's looking up for the land down under

BENJAMIN ONG  |  WEDNESDAY, 25 NOV 2020
... with increased sales of the metal. Don't take my word for it, here's the latest from the Australian Bureau of Statistics (ABS): "Iron ore exports reached a record high of $10.9 billion, accounting for 36% of Australia's total exports... Total ...