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Showing 391 - 400 of 4410 results for "Ele"

Dividends to be down in FY25: Equity Trustees

ELIZA BAVIN  |  TUESDAY, 3 DEC 2024
Equity Trustees Asset Management's head of asset management Darren Thompson has warned that ASX200 FY25 market earnings and dividends are expected to be flat or down compared to FY24. He added that high yielding, major resource companies - such as BHP ...

Firms treat CSLR as 'insurance policy': FAAA

KARREN VERGARA  |  MONDAY, 2 DEC 2024
As the number of AFSL cancellations pile up due to the non-payment of Australian Financial Complaints Authority (AFCA) determinations, far too many financial services firms are taking advantage of the Compensation Scheme of Last Resort (CSLR), treating ...

$3m super tax faces axe, pushed to 2025

MATTHEW WAI  |  MONDAY, 2 DEC 2024
The failure of the government to pass its proposed $3 million superannuation tax last week may well see the measure abandoned. The Division 296 tax could be shelved until after the next federal election, missing out on the opportunity to pass during ...

Australian Retirement Trust primed for growth: Morningstar

JAMIE WILLIAMSON  |  FRIDAY, 29 NOV 2024
Morningstar has heaped praise on Australian Retirement Trust (ART), saying it is home to a "high calibre investment leadership team playing to their strengths," but warned of key person risks. In its review of the $305 billion-plus super fund, Morningstar ...

Bullock hints at no rate cut in 2025

ELIZA BAVIN  |  FRIDAY, 29 NOV 2024
Reserve Bank of Australia (RBA) governor Michele Bullock has reaffirmed the central bank's stance that interest rates are likely to stay higher for longer as sticky inflation persists. Speaking at a Centre of Economic Development (CEDA) dinner ...

BlackRock, State Street, Vanguard sued over climate stance

JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2024
Texas and 10 other Republican-led states are suing BlackRock, State Street and Vanguard, saying their climate activism violated antitrust laws and caused reduced coal production and higher energy prices. Texas Attorney General Ken Paxton filed a case ...

Commonwealth Super partners for admin uplift

JAMIE WILLIAMSON  |  WEDNESDAY, 27 NOV 2024
Commonwealth Superannuation Corporation will work with Novigi to consolidate all its systems into one administration platform under a new seven-year deal. Effective immediately, CSC is partnering with Novigi to modernise the way it's administered and ...

Inflation remains in RBA's target range

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2024
The monthly Consumer Price Index (CPI) indicator rose 2.1% in the 12 months to October 2024, according to the latest data from the Australian Bureau of Statistics (ABS), in line with the Reserve Bank of Australia's (RBA) target range. "Annual inflation ...

Hostplus ups fees, makes $125m investment

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2024
Hostplus has made changes to its investment fees and costs for FY23/24, increasing them between 0.06% to 0.16%. Members invested in the Conservative Balanced option and the Capital Stable option saw fees rise 10bps from 0.69% and 0.59%, respectively ...

SMSFs surpass $1tn milestone

MATTHEW WAI  |  WEDNESDAY, 27 NOV 2024
The latest statistics from the Australian 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 ...