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Showing 451 - 460 of 4498 results for "Reach"

Aussies unprepared to manage retirement income

ANDREW MCKEAN  |  THURSDAY, 12 SEP 2024
... to achieving good outcomes around financial plans for retirement. With high-quality professional financial advice out of reach for many people, due to cost or lack of access, too often the onus is on individuals to take responsibility for complex decisions ...

Coalition's super on parental leave changes spark concerns

ANDREW MCKEAN  |  WEDNESDAY, 11 SEP 2024
The Coalition plans to amend paid parental leave legislation to let parents opt for a one-off cash payment instead of superannuation contributions on government-funded paid parental leave. A joint statement from deputy leader of the opposition Sussan ...

VanEck to launch defence ETF

ANDREW MCKEAN  |  MONDAY, 9 SEP 2024
... Australia has also committed to increasing its defence spending. Budget papers show that by 2033-34, defence spending will reach $100 billion (around 2.3% of GDP), up from last year's record $37 billion or 2% of GDP. VanEck chief executive and managing ...

Aussie economy grows 0.2% in June quarter

ELIZA BAVIN  |  WEDNESDAY, 4 SEP 2024
Australian gross domestic product (GDP) rose just 0.2% in the June quarter 2024 and by 1.5% in the 2023-24 financial year, according to the Australian Bureau of Statistics (ABS). ABS head of national accounts Katherine Keenan said: "The Australian economy ...

Advisers add 5.7% premium

KARREN VERGARA  |  WEDNESDAY, 4 SEP 2024
Financial advisers add 5.7% in value for client portfolios, a new study shows, down from 5.9% last year. Now in its seventh year, the Value of an Adviser Report by Russell Investments found financial advisers continue to deliver for clients, particularly ...

Australian ETF market hits $206bn: Global X

MATTHEW WAI  |  MONDAY, 2 SEP 2024
... Australian ETF market. In fact, we could surpass the calendar year record of $23.6 billion set in 2021, and potentially reach an industry valuation of $1 trillion by 2030 if this momentum continues." "Artificial intelligence, regional pockets of investor ...

Clime posts $3.8m loss

ANDREW MCKEAN  |  FRIDAY, 30 AUG 2024
... divested to allow Clime to refocus resources on the funds management and direct wealth advice businesses, to allow them to reach their true potential." He said that this strategic move has yielded positive results, improving cash flows and operating ...

Perpetual chair to leave as $472m loss recorded

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2024
... successful standalone asset management business with the strategic focus, quality teams, balance sheet strength and distribution reach to deliver growth for clients and shareholders over time." And just a week after announcing Adams would be replaced ...

Short-termism damaging Australian economy: CEDA

ELIZA BAVIN  |  TUESDAY, 27 AUG 2024
Australia must move beyond pervasive short-termism and lift its policy ambitions if the nation is to reach its economic potential, according to the Committee for Economic Development of Australia (CEDA). "Our record of almost three decades of economic ...

AET boosts Equity Trustees' FY24 performance

KARREN VERGARA  |  FRIDAY, 23 AUG 2024
The acquisition of Australian Executor Trustees (AET) has bolstered the revenue and client book of Equity Trustees (EQT) in the last financial year. EQT's revenue increased 23.1% to $174 million in the 12 months to June, benefiting from the integration ...