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Showing 311 - 320 of 3288 results for "Above"

Economists react to latest RBA rate decision

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024
... an acknowledgement of peak rates." "Inflation continues to moderate and a weaker labour market were both highlighted, but above-target inflation continues to sway the RBA's hands for now."

Inaugural CSLR levy slugs advisers $18.5m

KARREN VERGARA  |  TUESDAY, 19 MAR 2024
... first and second phase of the levy period. In the first round, the advice sector's levy amounts to $2.4 million - well above the other sectors' levy of $700,000 for credit providers, $800,000 for credit intermediation, and $900,000 for securities ...

Interest rate cut may not come until 2025, experts warn

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... also be slower to cut them than the US and others. "I think the RBA has decided it is willing to tolerate inflation being above its target for longer than its 'peer' central banks are willing to allow inflation being above their respective targets ...

Low-margin clients hurt practice valuations

KARREN VERGARA  |  THURSDAY, 14 MAR 2024
... unprofitable ones. Practices must also focus on the profitable client relationships that demonstrate a solid profit margin above the cost to serve. Among the transactions that took place in 2023, the number of investors taking a minority or majority ...

Pendal shutters costly equity fund

KARREN VERGARA  |  MONDAY, 11 MAR 2024
... portfolio of Australian shares, including Australian listed property securities and convertible preference shares that offer above average income returns and may also hold cash and may use derivatives, Morningstar's analysis read. Minimum investment ...

Government consults on options to improve performance test

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
... Accordingly, three alternative single-metric options were proposed: an absolute measure of trustees' risk-adjusted returns above the risk-free rate, a peer comparison of these returns, and a measurement relative to a simple-reference portfolio (SRP) ...

Female fund managers boast 1.2% alpha

KARREN VERGARA  |  FRIDAY, 8 MAR 2024
... annual basis, this came out to be 1.2% per annum. "This is higher than the wider group of Australian equity managers with Above Average or High ratings for the People Pillar over the same period and showcases strength through diversity," the research ...

Super funds captivated by equities: Research

KARREN VERGARA  |  TUESDAY, 27 FEB 2024
... 22 global pension markets and found Australia's high dependency on the equity markets, allocating 51% to stocks, which is above the average of the top seven countries of 42%. The US pension market has some 46% invested in equities, while Canada and Switzerland ...

Aussies do not underspend in retirement, say super funds

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2024
... superannuation in retirement, regularly drawing down more than required. The research found two in three people draw income above the minimum, finding the average draw down is 40% more than required, even excluding lump sum withdrawals. Meanwhile, 90% ...

AMP reports boost in IFA flows, mulls advice unit options

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2024
... the number of representatives has stabilised year on year. Average revenue per adviser and practice of $1.75 million is above industry norms, he said. Overall, the advice unit recorded an underlying NPAT loss of $47 million, about a 31% improvement on ...