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Showing 531 - 540 of 4000 results for "Cut"

GDP rises but headwinds abound

ANDREW MCKEAN  |  THURSDAY, 2 JUN 2022
Beating consensus estimates, the Australian GDP rose 0.8% in Q1 and 3.3% year on year. While more positive than expected, the latest figures represented a slowdown from the 3.4% GDP growth realised last quarter. Barclays said the most recent GDP numbers ...

BT answers advisers' top tax time questions

ANDREW MCKEAN  |  WEDNESDAY, 1 JUN 2022
... personal super contributions in this financial year should do so before 30 June. "As always, advisers should keep in mind the cut-off dates for transactions to be reflected in year-end statements," the BT advice stated. "Each super fund or wealth management ...

Diversa culls more products

JAMIE WILLIAMSON  |  MONDAY, 30 MAY 2022
The latest round of cuts sees the closure of three more sub-plans. Earlier this year, Diversa moved to close four of its sub-plans - GROW Super, Brightday, MYONESUPER and Super Prophets - which collectively held about $70 million. Now, Diversa will ...

Evolving nature of investment operations boosts salaries

JAMIE WILLIAMSON  |  MONDAY, 30 MAY 2022
A limited talent pool is creating supply challenges in the investment operations space and driving salary increases, according to Kaizen Recruitment. Updating on salary trends in investment operations, Kaizen Recruitment said the theme of increased ...

Allianz subsidiary, former portfolio managers charged over massive fraud

JAMIE WILLIAMSON  |  WEDNESDAY, 18 MAY 2022
Allianz Global Investors and three of its former portfolio managers have been charged by the US regulator over a multi-billion-dollar securities fraud sold to pension funds that went on for more than four years. The Securities and Exchange Commission ...

Magellan appoints new chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 11 MAY 2022
... also retain her role as chief financial officer. She will continue as chief executive until George joins. George has his work cut out for him, as Magellan battles outflows and recovers from negative commentary around the departure of founder and chief ...

Datt Capital lashes board nominees

JAMIE WILLIAMSON  |  THURSDAY, 5 MAY 2022
Datt Capital has taken aim at Selfwealth and encouraged shareholders to vote against all proposed resolutions at the upcoming extraordinary general meeting, claiming they "equate to a takeover by stealth". Datt Capital, which owns close to 10% of Selfwealth ...

Low wage growth a deliberate design feature: ACTU

ANDREW MCKEAN  |  TUESDAY, 3 MAY 2022
... that workers' real incomes are lower as they head to the polls than they were the last time they voted. Surging inflation has cut the real pay of a worker on average earnings by nearly $2000 in the first half of this year alone. The report added the ...

Australia's first-ever Bitcoin ETF to launch next week

ANDREW MCKEAN  |  WEDNESDAY, 20 APR 2022
Australia's first bitcoin exchange-traded fund (ETF) is expected to list on the Cboe Australia platform as soon as next week. The race to be the first physically backed Bitcoin ETF in Australia will be between Cosmos Asset Management and ETF Securities. ...

Fund inflows drop sharply: Calastone

ANDREW MCKEAN  |  TUESDAY, 12 APR 2022
... However, inflows rebounded in March back to A$592 million. Another key finding in the fund flow data was that Australians have cut back on their overseas investments far more than their domestic allocations. On average, over the last three years, Australians ...