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| | | Dimensional Fund Advisors has, for the first time, forayed into the local exchange-traded funds (ETFs) market, launching three actively managed core equity strategies. The three products, which began trading today, are offered in a dual-access structure ... |
| | | | In its full-year 2023 results, ANZ declared a cash profit of $7.4 billion, up 14% on the previous year. The big four bank said its proposed final dividend for 2023 also increased to 94 cents per share (cps), consisting of an 81 cps dividend partially ... |
| | | | ... regulatory capital and stability remained a priority, while 33% said returns were the main drive, and 27% opted for minimising profit and volatility. The investment giant said the research revealed that insurers are using their discretion to address ... |
| | | | ... return, despite the actual figures ranging from 7.90% to 8.23% Lastly, a webinar that inaccurately projected a $17,000 profit on a $50,000 investment over a decade, incorrectly suggested current validity. In light of these developments, HESTA said it ... |
| | | | The Australian Taxation Office (ATO) has disclosed that a record-breaking $83.8 billion was paid in income tax by large corporations for the 2021-22 financial year. According to the ATO's ninth annual Corporate Tax Transparency (CTT) report, the income ... |
| | | | ... 45% fewer loss-making retail client accounts compared with the quarterly average in the prior year, whereas the number of profit-making retail client accounts reduced by only 4% across the same period. |
| | | | Almost 60% of Magellan Financial Group's shareholders rejected the company's remuneration report at yesterday's annual meeting, registering a first strike. More than 58% of Magellan's shareholders voted against the report on executive pay following ... |
| | | | ... performance fee revenues of $339.2 million, a shadow of the $600.1 million reported in the prior period. Statutory net profit after tax of $182.7 million followed a linear trend, down 52%. Formica conceded that the firm "may well be a target" to other ... |
| | | | ... improved products and services to assist members to build their wealth and quality of life in retirement. "As a not-for-profit fund, we ensure all our decisions are made in the best financial interest of our members," he said. "We have a track record ... |
| | | | ... Division, which operates BT Panorama, Westpac Pacific, margin lending, and retail auto finance, contributed $605 million in profit. Since its formation in May 2020, the division divested 10 business units. This year, it divested BT's personal and ... |
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