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| | | Housing Australia and the Community Housing Industry Association (CHIA) have announced commitments to the Housing Australia Future Fund (HAFF) under the first funding round. Housing Australia has selected an initial pipeline of 185 projects to potentially ... |
| | | | HESTA is introducing several insurance fee changes with most members paying less from September 28. For most HESTA Super and HESTA Personal Super members, the super fund said insurance fees will reduce by at least 3.2% for unitised cover and 2.5% for ... |
| | | | The European Central Bank (ECB) dropped interest rates to 3.5%, the second time it's cut by 0.25% this year. The bank lowered rates on the back of inflation data that met its outlook. It anticipates headline inflation to average 2.5% in 2024, 2.2% in ... |
| | | | Mercer will provide investment management for the APS CoreSeries Managed portfolios, which include Conservative, Balanced, and Growth options. Replacing Morgan Stanley Wealth Management, North said Mercer offers lower management fees of up to eight ... |
| | | | Northern Trust has launched its Integrated Trading Solutions (ITS) fixed income outsourced trading capability in the Asia Pacific (APAC) region. The expanded offering, provided through Northern Trust Securities in Australia, targets fixed income trading ... |
| | | | The Senate will consider legislation to define an objective of superannuation. The Superannuation (Objective) Bill enshrines the goal to preserve savings to deliver income for a dignified retirement, alongside government support, in an equitable and ... |
| | | | A new Metrics Credit Partners real estate fund is set to debut on the ASX, marking the fund manager's third strategy on the exchange. The Metrics Real Estate Multi-Strategy Fund is scheduled to list on or around October 16 under the ticker code ... |
| | | | The passive funds sector has saved investors $14.4 billion in fees for more than 25 years, according to a Vanguard analysis. While costs overall have decreased since 1998, Vanguard found the difference in management fees between active and index funds ... |
| | | | During a panel session at the act Conference 2024 yesterday, private equity experts spoke of the growing appeal of evergreen funds as a vehicle for retail investors looking to invest in private markets. Unlike traditional private funds, evergreen funds ... |
| | | | 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 ... |
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