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Showing 21 - 30 of 28646 results for "Australian"

Philip Lowe joins LIC board

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
... returning 13.1% per annum at the end of December 2023. FGX and FGG have made a social impact investment that focus on Australian children and youth at risk worth $37.8 million. The LIC's founder and director Geoff Wilson said: "We are excited to ...

Coalition's super for housing scheme slammed

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
... come with long-lasting consequences. "Breaking the seal on super leaves people poorer in retirement and costs every Australian taxpayer more from higher age pension costs," she said. SMC analysis found a 30-year-old couple who withdrew $35,000 each from ...

Blossom launches new fixed income product

ANDREW MCKEAN  |  TUESDAY, 12 MAR 2024
Blossom, an Australian fixed income app, has launched Blossom Plus, a managed fund that offers access to bond investments with a target return of 7%. The new product is designed for investors who want to maximise the value of the savings made on their ...

Experts issue warning over AI washing

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
... from Deloitte last year indicated that generative AI would "rapidly and significantly" disrupt over a quarter of the Australian economy, impacting nearly $600 billion in economic activity, especially within professional and financial services. Deloitte ...

Pendal shutters costly equity fund

KARREN VERGARA  |  MONDAY, 11 MAR 2024
... experienced investors who want the potential for long-term capital growth and tax effective income, diversification across Australian companies and industries. The fund primarily invests in a geared portfolio of Australian shares, including Australian ...

Super on unpaid parental leave extended in Western Australia

ELIZA BAVIN  |  MONDAY, 11 MAR 2024
The Western Australian government will extend the payment of superannuation on unpaid parental leave to up to 24 weeks from 1 July 2024 for all WA public sector employees. The initiative is expected to cost up to $46 million over the next four years ...

ASX-listed companies flock to private markets

ANDREW MCKEAN  |  FRIDAY, 8 MAR 2024
... Donnelly said this trend reflects a global shift towards privatisation for simpler ownership and improved capital flow. "Australian investors are strategically pivoting towards private markets in pursuit of diversification and higher returns. With the ...

Unmet financial advice needs affect millions in Australia

ANDREW MCKEAN  |  FRIDAY, 8 MAR 2024
Investment Trends research has revealed 11.8 million Australians have unmet financial advice needs, with high or unclear costs cited as the main obstacles. The research firm's latest Financial advice report indicated persistent barriers to accessing ...

Female fund managers boast 1.2% alpha

KARREN VERGARA  |  FRIDAY, 8 MAR 2024
... as at December 2023. On an 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 ...

Retirement saving, investing daunting for women: Surveys

KARREN VERGARA  |  FRIDAY, 8 MAR 2024
... reveal. Only 30% of women are happy with the amount in their super fund, a survey of 1000 super members led by the Australian Retirement Trust (ART) shows. A similar number of women members said they feel secure about their financial situation overall. ...