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Showing 3651 - 3660 of 7106 results for "June 2023"

WAM Capital posts record profit

MARK SMITH  |  TUESDAY, 29 JUL 2014
Wilson Asset Management's listed investment company, WAM Capital, has reported a record profit pre-tax profit of $90.5 million for the 12 months to 30 June following strong investment performance. The figure represents a rise of 68.8% on last year. ...

Market Wrap AM

AAP  |  TUESDAY, 29 JUL 2014
The Australian market looks set to open flat following Wall Street's mixed performance after prominent corporate deals and a drop in pending home sales. At 0810 AEST on Tuesday, the September share price index futures contract was down seven points ...

Dip-buying pays

BENJAMIN ONG  |  TUESDAY, 29 JUL 2014
... Wall Street. The latest of which is last night's report that US pending home sales fell by a bigger-than-expected 1.1% in June (this follows last week's news of an 8.1% drop in US new home sales in June) and down by 7.3% on the year. Just one month's ...

Abetz backed FSC in case against FWC, Federal Court reveals

JAMES FERNYHOUGH  |  MONDAY, 28 JUL 2014
The Financial Services Council (FSC) had the backing of Employment Minister Eric Abetz in its Federal Court case against the constitution of the Fair Work Commission's superannuation expert panel, it has emerged. On Friday the Federal Court published ...

Passive FUM reaches all-time high

MARK SMITH  |  MONDAY, 28 JUL 2014
Funds allocated to index strategies grew 28% in the 12 months to end of March 2014, taking the total proportion of the funds management market it represents to a record high of 19%, new data from Rainmaker Information reveals. The rise is the fastest ...

It's all about the US week

BENJAMIN ONG  |  MONDAY, 28 JUL 2014
Sit back and enjoy the first two days of this week for starting mid-week... financial markets' moods could swing - for the better or the worse - on America. Yes Virginia, this week is all about the US of A. Sure Virginia, there'll be speculations galore ...

Advisers eye opportunity in identity theft protection

LAURA MILLAN  |  FRIDAY, 25 JUL 2014
Financial advisers could play a key role in protecting clients against the rise of identity theft and data fraud, Zurich Australia said. As many as 45% of financial advisers feel that offering clients protection from identity theft could add value to ...

Wall Street snubs the IMF

BENJAMIN ONG  |  FRIDAY, 25 JUL 2014
"The global growth projection for 2014 has been marked down by 0.3 percent to 3.4 percent, reflecting both the legacy of the weak first quarter, particularly in the United States, and a less optimistic outlook for several emerging markets. With somewhat ...

Market Wrap AM

AAP  |  FRIDAY, 25 JUL 2014
The Australian market looks set to open flat after little change on Wall Street where the S&P 500 inched toward another record high. At 0807 AEST on Friday, the September share price index futures contract was up eight points at 5,540. Locally, no major ...

FSC report warns of default super 'turmoil'

JAMES FERNYHOUGH  |  THURSDAY, 24 JUL 2014
... quantified the costs on superannuants, employers and the industry itself if the FWC review process - which was put on hold in June - is allowed to continue. The report, carried out by Rafe Consulting, estimated that if the review proceeds, 1.25 million ...