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

Search Results

Showing 11 - 20 of 15769 results for "The Australian"

Westpac names new chief executive

MATTHEW WAI  |  MONDAY, 9 SEP 2024
... to joining Westpac. Commenting, chair Steven Gregg noted Miller's proven record and significant understanding of the Australian market will help steer the group's growth. "Anthony is an exceptional leader. He's an individual of integrity and he's ready ...

Passive funds save $14.4bn in fees: Research

KARREN VERGARA  |  MONDAY, 9 SEP 2024
... 0.33% p.a. to 0.29% p.a. "The top five diversified ETP manufacturers (by growth) represent around 70% of assets in the Australian ETP market, and their asset-weighted fees have fallen by 8% in the past 12 months [to March]," Rainmaker said. Burns added ...

Macquarie AM launches emerging markets equity ETF

MATTHEW WAI  |  FRIDAY, 6 SEP 2024
... (STAX); and Macquarie Focused Large Growth ETF (LRGG). The launch follows MAM's strategy to expand its ETFs to the Australian market. The firm first introduced three of its active ETFs to the ASX in late 2023, offering opportunities in the global fixed ...

Challenger goes for growth with State Street

JAMIE WILLIAMSON  |  THURSDAY, 5 SEP 2024
... clients in Australia. We will continue to invest and strengthen our servicing capability as part of our commitment to the Australian market." State Street is the second-largest custodian in the local market behind J.P. Morgan. According to the Australian ...

ASIC cancels AFSL of foreign exchange contracts issuer

ELIZA BAVIN  |  THURSDAY, 5 SEP 2024
The Australian Securities and Investments Commission (ASIC) has cancelled the Australian financial services licence (AFLS) of contracts for difference (CFDs) and foreign exchange contracts issuer, FXOpen AU. ASIC said the decision to cancel the licence ...

Aussie economy grows 0.2% in June quarter

ELIZA BAVIN  |  WEDNESDAY, 4 SEP 2024
... domestic product (GDP) rose just 0.2% in the June quarter 2024 and by 1.5% in the 2023-24 financial year, according to the Australian Bureau of Statistics (ABS). ABS head of national accounts Katherine Keenan said: "The Australian economy grew for the ...

SPAC acquires Australian Food & Agriculture

KARREN VERGARA  |  TUESDAY, 3 SEP 2024
A Nasdaq-listed firm is set to acquire the Australian Food & Agriculture Company (AFA) for $780 million, the majority of which is owned by members of the Bell family and Alastair Provan. Agriculture & Natural Solutions Acquisition Corporation (ANSC) ...

Australian ETF market hits $206bn: Global X

MATTHEW WAI  |  MONDAY, 2 SEP 2024
The Australian exchanged-traded fund (ETF) sector will likely hit $1 trillion by 2030, accelerating at a faster rate than the US today. According to Global X's Australia ETF Landscape report, the ETF market grew 37.3% over the past year to $206.2 ...

Consultation begins on new merger notification thresholds

ANDREW MCKEAN  |  MONDAY, 2 SEP 2024
... Australian turnover of the merger parties, including the acquirer group, is at least $200 million, with either the Australian turnover being at least $40 million for each of at least two of the merger parties or if the global transaction value is at ...

Count reports strong results on back of Diverger acquisition

ELIZA BAVIN  |  FRIDAY, 30 AUG 2024
... company. "Our disciplined execution against clear strategic priorities has positioned the company as a leader in the Australian financial services landscape," Humphrey said. "As we approach out 45 th year of serving our clients, we're excited to ...