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Showing 471 - 480 of 4538 results for "Dollar"

Super executives switching options in conflict: ASIC

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 OCT 2021
ASIC has released the results of surveillance into investment switching by super fund executives during market volatility at the start of the pandemic, finding possible conflicts of interest. ASIC looked at a sample of 23 trustees (including trustees ...

Superhero raise takes it across the ditch

KARREN VERGARA  |  TUESDAY, 26 OCT 2021
Share trading platform Superhero will take the $40 million it has raised this year to expand into New Zealand by mid-2022. The start-up recently raised $15 million to take the overall amount it has raised since 2018 to $48 million. The latest round ...

End of the road for Dollarmites

KARREN VERGARA  |  MONDAY, 25 OCT 2021
Commonwealth Bank has ditched its 90-year-old Dollarmites program after the state governments' banning of school banking schemes. The New South Wales government is the latest to jump on board and ban bank-run marketing schemes in classrooms after ...

Superhero offers access to Bitcoin ETF

ELIZABETH MCARTHUR  |  THURSDAY, 21 OCT 2021
Investing platform Superhero announced the availability of the first Bitcoin ETF to Australian investors, after it listed in the US yesterday. The ProShares Bitcoin ETF will be available to Australians using the Superhero platform to buy US shares. ...

Default MySuper fees drop to 1%: Rainmaker

JAMIE WILLIAMSON  |  WEDNESDAY, 20 OCT 2021
... retail," Dunnin said. The average Australian now pays about $2200 in super fees per annum, which is a slight increase in dollar terms. However, the average account balance has also increased, particularly after the record-breaking returns most super ...

Economic recap: Week to October 15

BENJAMIN ONG  |  MONDAY, 18 OCT 2021
... 1.7% on the day of the minutes were released; the yield on 10-year US Treasuries declined from 1.58% to 1.55%; and the US dollar index was little changed to 93.20 from 93.16. Not even when on the same day of the release, the US Bureau of Labor Statistics ...

AMP reduces super fees

JAMIE WILLIAMSON  |  MONDAY, 20 SEP 2021
... consolidating its superannuation products from 11 to three, AMP's MySuper members will see an 8% drop on average across dollar administration and investment fees. Those in Choice products will see an average 29% saving across both fee types, excluding ...

Maple-Brown Abbott launches new fund

ELIZABETH MCARTHUR  |  FRIDAY, 17 SEP 2021
Boutique investment manager Maple-Brown Abbott has launched an Asian equities dividend growth fund. The Maple-Brown Abbott Asian Dividend Growth Fund aims to deliver a total return over a five-year period maintaining a dividend yield in excess of the ...

Verve Super taps investors for $2.6m raise

KANIKA SOOD  |  TUESDAY, 14 SEP 2021
... stages of the capital raise, we encountered VCs and networking events filled with investors all looking for the next billion-dollar business. There was often little interest in our purpose as a mission-led business or the unique nature of how we're supporting ...

ASX eyes a bigger slice of fixed income active ETFs

KANIKA SOOD  |  THURSDAY, 9 SEP 2021
... "Fixed income is one of the fastest-growing parts of the ETP market in Australia, so we are hopeful there is a multi-billion-dollar market out there." The first Australian ETF listed on the ASX 20 years ago. At the time, the exchange used existing listing ...