Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 431 - 440 of 7033 results for "December"

Transfer balance cap to rise on July 1

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2025
While the official word will come from the Australian Taxation Office (ATO) in March, the December 2024 inflation figures released by the Australian Bureau of Statistics (ABS) yesterday confirmed the indexation of the cap. Currently $1.9 million, from ...

Perpetual delivers 'mixed' performance in Q2

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
Perpetual has seen assets under management (AUM) rise 3.6% to $230.2 billion in the second quarter to December 2024, but also sustained outflows of $3.8 billion and negative market movements amounting to $4.1 billion. Perpetual chief executive Bernard ...

Victorian SMSF auditor fails to overturn disqualification

MATTHEW WAI  |  THURSDAY, 30 JAN 2025
... Islam appealled the decision to the Administrative Review Tribunal (ART) on April 17. The ART affirmed the decision on December 18, finding Islam failed to satisfy the relevant auditing standards on three audit files. It found that Islam failed to perform ...

FOMC holds rates as Chalmers boasts 'our inflation is lower'

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... Chalmers said. "And if you look at the underlying measure, the trimmed mean measure, it was 3.2% through the year to the December quarter, down from a revised 3.6%. If you look at the trimmed mean number in the quarter, it almost halved. It's now 0.5% ...

AFCA chief operating officer departs

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... ombudsman and chief executive David Locke said. Untersteiner joined the then one-year-old AFCA as chief operating officer in December 2019. "In the five years Justin has been with AFCA, he has helped shape the way AFCA operates - overseeing the introduction ...

Bumpy roads ahead for traditional active managers

MATTHEW WAI  |  WEDNESDAY, 29 JAN 2025
... funds (ETF), a new report found. According to Morningstar's Industry Pulse report on listed asset managers for the December quarter, active managers are losing shares in traditional equity and fixed income strategies. Although the net flows have ...

CPI nears RBA's target range, but rate cut remains in doubt: Experts

MATTHEW WAI  |  WEDNESDAY, 29 JAN 2025
The consumer price index (CPI) rose 0.2% in the December quarter and 2.4% annually, the Australian Bureau of Statistics (ABS) has revealed. The most significant price rises in the quarter were recreation and culture (+1.5%), and alcohol and tobacco ...

Auditors tighten fist on greenwashing

ROSE MARY PETRASS  |  TUESDAY, 28 JAN 2025
... on internal auditing assistance still undecided For jurisdictions that adopt them, the standards will take effect 15 December 2026. Of note is the question of whether to ban sustainability assurance practitioners from receiving direct assistance from ...

Private credit asset manager launches $100m strategic capital fund

ANDREW MCKEAN  |  TUESDAY, 28 JAN 2025
... growth, turnaround, and restructuring initiatives." GCI closed the $100 million raising for its Strategic Capital Fund 1 in December last year after it was "heavily oversubscribed amid strong investor interest." With $100 million raised and available ...

Climate funds see first year of outflows

ROSE MARY PETRASS  |  FRIDAY, 24 JAN 2025
... from Morningstar. In Europe, climate thematic funds experienced the largest outflows of any category during 2024. In December, Article 9 funds shed €4 billion, marking the 15th consecutive month of net outflows. Under the EU's Sustainable Finance ...