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Showing 31 - 40 of 497 results for %22Billion Dollars of%22

ETF Securities launches fixed income options

CHLOE WALKER  |  TUESDAY, 5 JUL 2022
... dollars. To qualify for the index, bonds must be issued by companies in developed market countries and have at least US$1 billion in outstanding face value. USHY gains its exposure to the index by investing in DWS Group's Xtrackers USD High Yield Corporate ...

ACCC on financial services priorities

CASSANDRA BALDINI  |  WEDNESDAY, 1 JUN 2022
... said. "At the time we conducted the inquiry, we observed that Australian consumers purchase the equivalent of over $40 billion in foreign currency each year. We found that many Australian consumers were paying too much for international money transfers ...

ATO slammed for failing to collect billions in unpaid super

ANDREW MCKEAN  |  MONDAY, 2 MAY 2022
... its compliance has next to no impact in reducing how much unpaid super there is - which ISA estimates have climbed to $5 billion a year." Notwithstanding ISA's criticism, the Australian National Audit Office report 'Addressing superannuation guarantee ...

Federal Budget delivers nothing on climate

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 MAR 2022
... defence forces and cost of living support, including a cut to the fuel excise. The deficit for 2022-23 is expected to be $78 billion, 3.4% of GDP. Treasurer Josh Frydenberg announced the fuel excise will be cut in half, from 44 cents a litre to 22 cents ...

Big spend on cost of living, defence

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... defence forces and cost of living support, including a cut to the fuel excise. The deficit for 2022-23 is expected to be $78 billion, 3.4% of GDP. Treasurer Josh Frydenberg announced the fuel excise will be cut in half, from 44 cents a litre to 22 cents ...

Australian billionaires double fortunes during pandemic: Oxfam

CHLOE WALKER  |  MONDAY, 17 JAN 2022
The wealth of Australia's 47 billionaires has doubled to $255 billion in the last two years, according to anti-poverty charity Oxfam. A briefing published today by Oxfam, Inequality Kills, has warned of the deadly nature of the world's growing ...

APRA moves to force EISS Super merger

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
... chair and some board members. "Being a trustee of an APRA-regulated super fund, and managing - and spending - billions of dollars of members' money, is a privilege, not a right," APRA member Margaret Cole said. While the investigation into the fund ...

Maple-Brown Abbott launches new fund

ELIZABETH MCARTHUR  |  FRIDAY, 17 SEP 2021
... investment universe captures around 4300 securities listed across Asia, with a market capitalisation above US$1 billion dollars. The fund is benchmark unaware, comprising a high conviction portfolio of between 25 and 40 stocks. Maple-Brown Abbott chief ...

Financial services market skyrockets

ANNABELLE DICKSON  |  WEDNESDAY, 18 AUG 2021
... accounts for 12.8% of the financial services market with a value of $1.39 trillion, up from 12.1% and increased by $225 billion from June 2020. Traditional banking holds a 23.8% share of the financial services market with a value of $2.59 trillion. This ...

Sunsuper, Iress launch adviser data feed

KARREN VERGARA  |  TUESDAY, 10 AUG 2021
... importance of it and put it into play," Ryan said. In March 2021, Sunsuper and QSuper agreed to merge and create a $200 billion superannuation fund with two million members.