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Showing 31 - 40 of 845 results for "REIT"

Cost of 'comfortable retirement' increases again: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 21 AUG 2024
The cost of a comfortable retirement increased by about 1% last quarter, with couples aged 65 now needing $73,337 per year, and singles requiring $52,085, according to the latest data from the Association of Superannuation Funds of Australia (ASFA). ...

What Yarra Capital is buying in the dip

ELIZA BAVIN  |  THURSDAY, 8 AUG 2024
Global markets were rocked at the start of this week over fears of a potential US recession after a higher-than-expected jump in US unemployment figures. But Yarra Capital head of macro and strategy Tim Toohey said while the risk of a recession in the ...

Inflation rises but RBA hike not inevitable

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
The Consumer Price Index (CPI) rose 1% in the June quarter and 3.8% annually, according to the latest data from the Australian Bureau of Statistics (ABS). "The June quarter rise is the same as the 1% rise in the March 2024 quarter," ABS head of price ...

CareSuper, Spirit Super take final steps towards merger

JAMIE WILLIAMSON  |  TUESDAY, 30 JUL 2024
CareSuper and Spirit Super will merge on November 1, with the new executive lineup and new name confirmed. The merged fund, which will retain the CareSuper name, will be home to some 572,000 members and $52 billion in funds under management. "While ...

Allianz Retire+ joins CALI

MATTHEW WAI  |  TUESDAY, 30 JUL 2024
The Council of Australian Life Insurers (CALI) has welcomed Allianz Retire+ as its newest full member. Joining as the 20 th member, Allianz Retire+ chief executive Adrian Stewart said he believes the move will better serve the advancement of the life ...

Bitcoin ETF price war: VanEck, Monochrome cut costs

ANDREW MCKEAN  |  FRIDAY, 12 JUL 2024
VanEck has cut the management fee for its Bitcoin ETF (ASX: VBTC) to 0.49% per annum, just days after Monochrome Asset Management made a change. The ETF provider said the decision followed more than $18 million flowing into the fund since its launch ...

AAT slashes adviser ban

KARREN VERGARA  |  MONDAY, 8 JUL 2024
A financial adviser banned from practising for two years for failing to keep appropriate records had the term slashed in half by the Administrative Appeals Tribunal (AAT). The AAT varied ASIC's decision to ban Christopher Betalli from providing ...

Real estate fund manager chief executive departs

KARREN VERGARA  |  TUESDAY, 25 JUN 2024
... director. Before Eildon, Parisi was chief operating officer of APN Property Group and fund manager of property trust Industria REIT. He also worked at Goldman Sachs and Citigroup. Eildon chief financial officer Varun Sachdev will succeed Parisi on 1 ...

Morningstar reveals top three undervalued stocks

ELIZA BAVIN  |  MONDAY, 24 JUN 2024
... and Sociedad Quimica Y Minera De Chile SA (SQM) were three undervalued global stocks. "Dexus is a diversified Australian REIT that generates income from charging rent; managing property for clients; funds management, which typically includes property ...

Barrenjoey, Scentre Group establish jointly managed fund

ELIZA BAVIN  |  FRIDAY, 21 JUN 2024
... Tree Plaza deal represents South Australia's largest regional shopping centre transaction since November 2019, when Paragon REIT and MA Financial took out a 50% stake in Westfield Marion for $670 million from the Lendlease-managed Australian Prime Property ...