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Showing 21 - 30 of 1129 results for "Gross"

OneVue adviser exits dents Praemium's FUA

KARREN VERGARA  |  MONDAY, 23 FEB 2026
Praemium has lost $827 million in gross outflows mostly related to financial advisers from OneVue exiting after it finalised the acquisition of the platform last December. The group reported a total of $70.5 billion in funds under administration (FUA) ...

NSW government to turn deficit into surplus of over $1bn in FY28: TCorp

MATTHEW WAI  |  WEDNESDAY, 11 FEB 2026
... 2026-27, down $4 billion. The downward trajectory in issuance is helping the government achieve its objective of a sustainable gross debt position around 20% of gross state product, TCorp noted. Meanwhile, projected revenue growth of 3.9% per annum over ...

Global RE investment firm continues Aussie expansion

ELIZA BAVIN  |  TUESDAY, 3 FEB 2026
... student community in Perth's CBD." The planned development will deliver 1146 beds across more than 37,000 square meters of gross floor area in student accommodation and ground-floor retail offerings. "Perth City Link is one of Western Australia's most ...

'Gross breach of trust': Former adviser sentenced to six years imprisonment

RIDDHIMA TALWANI  |  FRIDAY, 23 JAN 2026
... from managing companies for five years. When handing down the sentence, Judge John Prior noted Torre's actions as a "gross breach of trust" of vulnerable victims who relied on him as a professional financial adviser. "The victims entrusted you with ...

Danish pension fund dumps US bonds

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JAN 2026
... risk management," Schelde said. The US national debt now sits at about $55 trillion (US$38.5tn); this month it hit 100% of gross domestic product. A report last week by the Committee for a Responsible Federal Budget said it could soon exceed the entire ...

Praemium aims for 'market-leading' super offering

ELIZA BAVIN  |  WEDNESDAY, 21 JAN 2026
... (FUA) up 14% to $70.5 billion. Platform FUA was up 8% to $32.5 billion, including quarterly net inflows of $462 million. Gross outflows included $361 million for exiting advisers, though Praemium said these outflows are expected to diminish over time. ...

Australia evades tariff shocks, CPI to surge in 2026: UN

MATTHEW WAI  |  MONDAY, 12 JAN 2026
... IEEPA reciprocal tariff baseline rate applied to imports from both countries from 25% to 15%. Despite that, Australia's gross domestic product (GDP) was measured at 1.8% in 2025, sitting just behind the US (1.9%), but ahead of other developed economies ...

AirTrunk plants second data centre in Victoria

MATTHEW WAI  |  WEDNESDAY, 24 DEC 2025
... excess of 1000 full-time jobs to support its data centres. It comes as the data centre sector is generating $12.6 billion in gross value added per terawatt-hour of energy consumed, outperforming sectors such as mining and manufacturing, it said. Data ...

Resolution Capital rejects takeover bid for National Storage REIT

RIDDHIMA TALWANI  |  TUESDAY, 23 DEC 2025
... and almost certainly this is not the time to sell," Parsons said. Parsons said that a 7% premium to the trailing appraisal gross asset value of the individual assets does not incorporate adequate weight to the franchise value, future development potential ...

UniSuper acquires $200m industrial assets portfolio

ANGELIQUE MINAS  |  MONDAY, 22 DEC 2025
... assets located in the south-western corridor of Brisbane's industrial market and is fully leased to multiple tenants over a gross lettable area of around 53,000 square metres. UniSuper acquired the portfolio for $200 million. The assets are placed in ...