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Showing 321 - 330 of 6466 results for "September"

Bullock hints at no rate cut in 2025

ELIZA BAVIN  |  FRIDAY, 29 NOV 2024
... economy." Bullock acknowledged that inflation has been falling - headline inflation has eased to 2.8% over the year to September, down from 5.4% in 2023 - but said that the bank is waiting to see whether inflation will stay within the 2% to 3% target ...

Total super assets hit $4tn milestone

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024
... (APRA) released its quarterly superannuation performance publication and quarterly MySuper statistics report for the September quarter, showing superannuation assets have passed the $4 trillion mark. Total superannuation assets increased by 3.7% over ...

Inflation remains in RBA's target range

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2024
... August. The CPI excluding volatile items and holiday travel was 2.4% in the 12 months to October, down from 2.7% in September." As has been the case in previous months, the ABS said Commonwealth and government subsidies also drove the large decreases ...

SMSFs surpass $1tn milestone

MATTHEW WAI  |  WEDNESDAY, 27 NOV 2024
... Taxation Office (ATO) show the total assets held within self-managed superannuation funds (SMSFs) hit $1.02 trillion at September end. The total SMSF members grew to 1,173,867 in over 630,000 SMSFs, with over 10,200 new entrants in the quarter and 165 ...

CFS awards equity, infrastructure mandates

KARREN VERGARA  |  TUESDAY, 26 NOV 2024
... Platypus' Australian equities strategy now oversees the funds, the size of which was also not disclosed. In the year to September, the Platypus Australian Equities Fund returned 36.1%, outperforming the benchmark by 14.5%. over five years, it returned ...

HPI calls Hostplus, Charter Hall takeover 'cheap'

KARREN VERGARA  |  TUESDAY, 26 NOV 2024
... aggregate interest of 26.94% in HPI securities. This stake grew by 8.38% from their initial interest of 18.56% as of September 9 when their takeover plans were announced. Charter Hall announced this morning that the deadline for the offer period again ...

Super fund adds to Payden & Rygel mandate

KARREN VERGARA  |  MONDAY, 25 NOV 2024
... Angeles-based Payden & Rygel's sixth mandate in Australia. It had $236 billion in assets under management at the end of September. Payden & Rygel is part of the nine affiliates in GSFM's stable. Tribeca Investment Partners and GSFM severed ties in June ...

AustralianSuper to pay $4.2m for delayed claims handling

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
... shortcomings it's identified so far that require immediate action. ASIC already took action against AustralianSuper in September last year over its failure to properly monitor and consolidate multiple accounts on behalf of members for close to a ...

ATO recovers $900m in unpaid super

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2024
... of their wage or salary being paid. If an employer fails to pay on time, they will be liable to pay an SG charge. In September, the government outlined further details it plans to include in the payday super legislation to incentivise compliance and ...

Cbus confirms CFMEU nominations to board

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
... re-nomination and former CFMEU ACT boss. He had resigned from the Cbus board on August 27 and was renominated by the union on September 13. "Jason has extensive experience in super fund governance, tax and financial reporting. Jason rejoins the Cbus ...