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Showing 451 - 460 of 6250 results for "Cash"

NAB profits, earnings slide

MATTHEW WAI  |  THURSDAY, 7 NOV 2024
National Australia Bank (NAB) reported lower net profit and cash earnings in FY24, down 6.1% and 8.1% respectively, but recorded its highest dividend payouts of the past five years. Shareholders received a final dividend of $0.85, which takes the full ...

Qantas Super standardises offset account investments

ANDREW MCKEAN  |  WEDNESDAY, 6 NOV 2024
... accrue investment returns by reference to the DB rate, with the exception of members whose offset accounts are invested in cash or conservative options. "Standardising the way that offset accounts are invested will ensure a fairer approach for all members," ...

Interest rates to remain on hold for some time

ELIZA BAVIN  |  WEDNESDAY, 6 NOV 2024
... no plans for that to change anytime soon. "Headline inflation has fallen, but underlying inflation is still too high. The cash rate will stay restrictive until the board is confident that inflation is moving sustainably to the middle of our 2-3% target ...

Warakirri terminates Flinders fund

MATTHEW WAI  |  THURSDAY, 31 OCT 2024
... million funds under management at the time. Following a standard wind-up procedure, Warakirri will convert all assets into cash, pay the liabilities and pay excess to unitholders accordingly, the statement said, while also noting that an accurate amount ...

Inflation falls within RBA's target range

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2024
... sustain upward pressure on inflation well into 2025. Based on this economic data, we do not see any reason why the RBA's cash rate decision next Tuesday will be anything other than a hold." RSM Australia economist Devika Shivadekar agreed while easing ...

Qantas Super lowers investment fees, updates cash option

KARREN VERGARA  |  WEDNESDAY, 30 OCT 2024
Qantas Super announced changes to its Cash option, updated its exclusions criteria, and lowered investment fees for members. The Cash option's objective is to achieve a return after tax and investment fees equal to the Bloomberg AusBond Bank Bill ...

CFS unveils fund manager, fee changes to FirstChoice

KARREN VERGARA  |  TUESDAY, 29 OCT 2024
... holding typically between 25 and 40 stocks. It can invest up to 100% of its assets in Australian shares and about 10% in cash and cash equivalents. Also from November 16, the Capital Group New Perspective option will replace the Stewart Investors Worldwide ...

Australian equities rise, but global markets preferred: Morningstar

ANDREW MCKEAN  |  MONDAY, 21 OCT 2024
... the US and as other central banks seem be "more advanced" in their easing cycles, the Reserve Bank of Australia held the cash rate steady at 4.35% in September. Although the move carried a more dovish tone compared to meetings, with the likelihood of ...

Charter Hall, Hostplus takeover offer for HPI rejected

ELIZA BAVIN  |  MONDAY, 21 OCT 2024
... group rejected the "best and final" offer. Charter Hall and Hostplus increased their offer price to $3.85 per security in cash, up from the previous offer of $3.65. The offer was a best and final and would not be increased. The final offer valued HPI ...

Franklin Templeton boosts sales team

ELIZABETH FRY  |  FRIDAY, 18 OCT 2024
... new managed funds - Brandywine Global Opportunistic Equity Fund, Martin Currie Active Insights Fund and Franklin Government Cash Fund.