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Showing 531 - 540 of 6304 results for "cash"

Soul Patts sees profits slide 28%

ELIZA BAVIN  |  THURSDAY, 26 SEP 2024
... profit slide, investors will receive a fully franked dividend of $0.95 per share - an increase of 9.2% - thanks to higher cash flows from its private equity and emerging companies portfolio. The total portfolio grew 8.7% to a new asset value of $11.8 ...

Inflation cools but RBA unlikely to budge

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
... insights into how inflation is trending." The latest inflation data comes after the Reserve Bank of Australia (RBA) kept the cash rate on hold at 4.35% at the September meeting yesterday. Despite cooling inflation, the market is not anticipating the ...

Fed cut will not move the dial for RBA

ELIZA BAVIN  |  FRIDAY, 20 SEP 2024
The US Federal Reserve delivered its first interest rate cut in four years, reducing the official cash rate by 50 basis points, but experts say the Reserve Bank of Australia (RBA) is still not in a position to do the same. Yesterday's official unemployment ...

Super to be paid on parental leave from July 2025

JAMIE WILLIAMSON  |  THURSDAY, 19 SEP 2024
... amend the bill were defeated. Last week, the opposition sought to alter the legislation to allow parents to opt for a one-off cash payment or an additional two weeks of paid leave. The one-off payment was to be equivalent to the value of their super ...

Growth of SMSFs, Div 296 opportunity for advisers

MATTHEW WAI  |  WEDNESDAY, 18 SEP 2024
... making such strategies financially unviable. They may also find themselves with an even bigger tax bill with insufficient cash reserves to pay it." Despite growing concern, the number of SMSF established in FY24 has skyrocketed, representing 5.2% of ...

Arrowpoint launches new fund

ELIZA BAVIN  |  WEDNESDAY, 18 SEP 2024
... flexibility and speed allow us the opportunity to solve solutions for our borrowers while also providing attractive, regular cash income to our investors," McDonnell said. Cornerstone investors, including the Victor Smorgon Group and Sandbar Investments ...

Investment boutique calls time after seven years

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... over the years." Wheelhouse's global fund aimed to deliver long-term returns greater than the Reserve Bank of Australia cash rate plus 2.5% over rolling five-year periods. Since inception it's returned 6.4% against the benchmark's 4.3%. Meantime ...

Regal sets eyes on Platinum takeover

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
... share at Regal's last closing share price. Additionally, Platinum will pay a special dividend of AUD 0.24 per share from cash reserves before the deal's completion," Ler said. "This brings the total value to $1.14 per Platinum share, above our ...

HESTA lowers insurance fees

KARREN VERGARA  |  MONDAY, 16 SEP 2024
... will tone down its international shares exposure from 35.5% to 31%, as well as its private equity investments from 5% to 3%. Cash exposure will increase from 5% to 7%, while global debt will rise from 17% to 19%. The Sustainable Growth option's "poor ...

Former industry fund chief in new role

ELIZABETH FRY  |  FRIDAY, 13 SEP 2024
... growth via two fund mergers. The superannuation fund ranks in the top third of regulated superannuation funds for membership, cash flow and investment returns. Baird currently serves as a director of the Australian Centre for Rural Entrepreneurship ...