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Showing 21 - 30 of 1396 results for "Australian Dollar"

Janus Henderson announces board changes

CHLOE WALKER  |  WEDNESDAY, 16 NOV 2022
... payouts fell by a fifth year-on-year (21.3%) in USD, reflecting lower special dividends and weakness in the Australian dollar. Globally, mining dividends slumped US$20.1 billion (A$30.1 billion) in Q3 as the commodity cycle rolled over - a major contributor ...

Australia can avoid recession: Outlook

CASSANDRA BALDINI  |  WEDNESDAY, 9 NOV 2022
... budget deficit and providing greater fiscal flexibility for the government. Meanwhile, although this year the Australian dollar dropped 11% against the US dollar, Oliver said other currencies have fallen further. He added that if global economic conditions ...

Government enshrines new rule for Aussie Bitcoin owners

ANDREW MCKEAN  |  FRIDAY, 28 OCT 2022
In the budget, the federal government introduced new rules for Bitcoin owners, clarifying that digital currencies are not taxed as foreign currency. The government said it will introduce legislation to clarify that digital currencies (such as Bitcoin) ...

RBA downplays exchange rate inflationary impacts

ANDREW MCKEAN  |  TUESDAY, 25 OCT 2022
... demand for labour in the boom years and the decline thereafter had significant effects on wages growth and the Australian dollar, which persisted for many years after the peak in mining investment." Two margins of adjustment enabled the resources sector ...

ASIC sues BPS Financial over crypto claims

CASSANDRA BALDINI  |  TUESDAY, 25 OCT 2022
ASIC has commenced civil penalty proceedings in the Federal Court against BPS Financial (BPS). The regulator alleged BPS made false, misleading, or deceptive representations and engaged in unlicensed conduct in relation to a non-cash payment facility ...

Global X drops management fees

CHLOE WALKER  |  WEDNESDAY, 12 OCT 2022
To provide investors with more cost-effective access to the US fixed income market, Global X ETFs Australia has reduced the management fees of two ETFs. Specifically, the management fee for Global X US Treasury Bond ETF (Currency Hedged) has been lowered ...

RBA tipped for another rate rise

CHLOE WALKER  |  TUESDAY, 4 OCT 2022
... US Federal Reserve has increased its 2022 yearend rate projection by an additional 100bps. In response, the Australian dollar has suffered. "While the RBA has noted a preference for a weaker Australian dollar, it's now approaching tenuous levels which ...

RBA progresses digital currency project

CASSANDRA BALDINI  |  TUESDAY, 27 SEP 2022
The Digital Finance Cooperative Research Centre (DFCRC) and the Reserve Bank of Australia (RBA) have released joint research report, providing an update on the possible central bank digital currency (CBDC) the two are exploring. The report titled Australian ...

Apostle launches high yield credit fund

ANDREW MCKEAN  |  MONDAY, 12 SEP 2022
Apostle Funds Management has introduced an ethically screened high yield credit fund. The fund is accessible to wholesale investors and adds to Apostle's stable of ethical and impact strategies. In April, the fund manager launched the Apostle People ...

AustralianSuper breaks into world's top 20 pension funds

CASSANDRA BALDINI  |  TUESDAY, 6 SEP 2022
... waned. "Most Australian funds included fell in the rankings relative to last year, partly due to a weakening Australian dollar over the course of 2021," he explained. "However, AustralianSuper has bucked this trend, its growth is, in part, due to consolidation ...