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Showing 581 - 590 of 8005 results for "Average"

Praemium plummets on weak financial outlook

ANDREW MCKEAN  |  THURSDAY, 23 NOV 2023
... at yesterday's 2023 annual general meeting. The wealth platform updated its financial outlook indicating that its average revenue margin has decreased from 0.27% in the second half of the previous financial year to 0.25% in the current period, chiefly ...

Aussie investors optimistic about returns

CHLOE WALKER  |  FRIDAY, 17 NOV 2023
... managed funds, private assets like private equity, and cash or equivalents. Notably, they are less inclined than the global average to invest in gold, silver, precious metals (43% versus 39%), and cryptocurrency (40% versus 33%). The report highlighted ...

Pacific Current Group wraps up buyout talks

JAMIE WILLIAMSON  |  THURSDAY, 16 NOV 2023
... also made a bid, proposing it acquire the business for $11 in cash per share - a 56% premium to PAC's volume-weighted average price. As PAC's largest shareholder, GQG needed approvals from River Capital, which it did not receive. Just last week ...

Super fund fees now at record low: Data

ANDREW MCKEAN  |  TUESDAY, 14 NOV 2023
... spread across hundreds of products, indicated a 2% reduction in the past year. SMSFs are the least expensive segment with average fees of 0.65% per annum, while MySuper options, covering the largest number of members, maintains competitive average fees ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
... the 13.6% return in FY17, the last time the earnings record was achieved. PwC explained that this is attributable to the average equity, standing at $272 billion, which is $3 billion higher than the previous year and $43 billion more than in FY17. This ...

A-REIT strategies outperform G-REITs

CHLOE WALKER  |  MONDAY, 13 NOV 2023
A considerable number of Australian real estate investment trust (A-REIT) managers have been able to outperform the average total return of passive strategies over the long term, while their global counterparts have struggled. Morningstar's latest analysis ...

ASIC charges HESTA for misleading marketing

ANDREW MCKEAN  |  FRIDAY, 10 NOV 2023
... from 23 August 2022 to 18 July 2023. From August to October 2022, HESTA's social media adverts displayed an 8.87% average annual return for the Balanced Growth option over 10 years, without specifying that the actual figures had dipped to between ...

Prime Value launches retirement living fund

KARREN VERGARA  |  FRIDAY, 10 NOV 2023
... villages and 834 dwellings, delivering an IRR more than 20% p.a. Three of the villages are more than 30 years old, with the average age of 28 years. Stockland sold the Victorian properties to Prime Value for a total of $89 million in December 2020. They ...

More than $17m paid in CFD-related remediation

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
... intervention order, retail clients made net losses of $22 million from CFD trading - a reduction to 94% of the quarterly average of $372 million in the year prior to the product intervention order. There were also 45% fewer loss-making retail client ...

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... them on hold," he said. If lenders pass on the 0.25% increase, RateCity research director Sally Tindall calculates the average owner-occupier variabale rate to be as high 7.11%. Borrowers owing $500,000 would pay an extra $76 in monthly mortgage repayments. ...