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Showing 471 - 480 of 8072 results for "Average"

Insignia Financial books $185m loss, halts dividends

JAMIE WILLIAMSON  |  THURSDAY, 22 AUG 2024
... reviewing our Master Trust end state operating model." It reported group net revenues of $1.4 billion, underpinned by higher average funds under management and administration (FUMA). Asset management net revenue decreased 6.1% in FY24, primarily because ...

Cost of 'comfortable retirement' increases again: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 21 AUG 2024
... reinsurance costs, the impact of natural disasters, and increased claims. Private health insurance premiums increased by an average of 3.03% from the start of April, marking the largest rise since the pandemic began. This has contributed to the financial ...

Zenith increases defensive investment as recession risk looms

ELIZA BAVIN  |  WEDNESDAY, 21 AUG 2024
... should expect weaker data going forward. While the so-called Sahm rule, which signals a recession when the three-month average unemployment rate rises more than 0.5 per cent from its 12-month low, was triggered in July, a broader range of indicators ...

Dexus property valuation rout deepens by $2bn

KARREN VERGARA  |  TUESDAY, 20 AUG 2024
... high at 94.8% and 96.8%, while strong rent collections stood at 99.5%. "For our office portfolio, occupancy exceeded the average Australian market occupancy of 86.4%, with average leasing incentives of 27.9%, below the market average," he said. "In office ...

ASIC project foils scammers' operations

MATTHEW WAI  |  MONDAY, 19 AUG 2024
... lost in 2023. Scamming via remote access, second in the category, has resulted in losses of $256 million. Each day, an average of 20 scam websites are removed, ASIC said. ASIC deputy chair Sarah Court said that despite the organisation's best efforts ...

Hostplus adds investment options, makes fee changes

ELIZA BAVIN  |  FRIDAY, 16 AUG 2024
... Indexed Growth, Indexed Conservative Balanced and Indexed Capital Stable. Indexed Growth will target 2.5% above CPI on average over 20 years, while Indexed Conservative Balanced targets CPI plus 2% over 20 years. Indexed Capital Stable is looking to ...

How many advisers will Australia have in 2044?

KARREN VERGARA  |  TUESDAY, 13 AUG 2024
... 2019-2022 trend would have seen Australian run out of advisers by 2027. However, if we took the more recent three year average, we add another 10 years before we run out of advisers in 2037." Rainmaker calculated a total of 15,825 financial advisers ...

AFCA urges super trustees to improve processes

ELIZA BAVIN  |  TUESDAY, 13 AUG 2024
The Australian Financial Complaints Authority (AFCA) said the average loss on a superannuation scam complaint was just under $90,000. AFCA said of the nearly 11,000 complaints in relation to scams last financial year, less than 20 came from superannuation ...

Netwealth FUA nears $90bn

KARREN VERGARA  |  TUESDAY, 13 AUG 2024
... movement of $6.5 billion, buoyed by the 143,251 client accounts it had at the end of the period, up 12.3% year on year. On average, accounts held $583,000, driven by high-net-worth (HNW) and private clients. Nearly 3800 financial intermediaries are using ...

Monash Investors merges with DMX AM

ELIZA BAVIN  |  TUESDAY, 13 AUG 2024
... since July 2012, and over this time after all fees has outperformed the Index by approximately 4% per annum and deliver an average total return of approximately 10% per annum, Monash Investors said.