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Showing 41 - 50 of 461 results for "SKY"

Baby Boomers cashing in on meme stocks

ELIZABETH MCARTHUR  |  FRIDAY, 24 SEP 2021
According to analysis from Openmarkets Group, on average Baby Boomers and Generation X are making money on meme stocks, while Millennials are losing money. The analysis covered 11 "meme stocks" (stocks whose share prices skyrocketed due to social media ...

Mergers don't always lead to scale benefits: Barry

ANNABELLE DICKSON  |  TUESDAY, 31 AUG 2021
... danger is that you go into a merger and sit back and think that all of a sudden scale benefits are going to full out of the sky and you're going to operate at a lower cost base. That doesn't happen unless you make it happen," Barry said. "It ...

Cost of retirement increases

ELIZABETH MCARTHUR  |  TUESDAY, 24 AUG 2021
According to the latest figures from the Association of Superannuation Funds of Australia (ASFA) the cost of retiring increased in the June quarter. The ASFA Retirement Standard June quarter 2021 figures indicate that couples aged around 65 living a ...

Financial services market skyrockets

ANNABELLE DICKSON  |  WEDNESDAY, 18 AUG 2021
Australia's total market for financial services increased by $1.27 trillion last financial year to a total of $10.9 trillion at June end, research shows. The latest Roy Morgan Banking and Finance Report showed the increase was larger than the last three ...

Government passes continuous disclosure changes

KANIKA SOOD  |  TUESDAY, 10 AUG 2021
The government yesterday passed changes to Corporations Act that loosens disclosure requirements for companies, while also introducing legislation to make virtual AGMs permanent. Under the amendment, companies and directors will be liable for continuous ...

Bitcoin fund manager hires distribution lead

KARREN VERGARA  |  MONDAY, 2 AUG 2021
... progressively releasing this content over a range of mediums," Hobart said. In a bid to expand, Yew appointed former Blue Sky Alternatives chief investment officer David Hobart as Monochrome's investments chief. Chief operating officer of Non Correlated ...

AFA slams skyrocketing ASIC levy

KARREN VERGARA  |  WEDNESDAY, 28 JUL 2021
The Association of Financial Advisers fears that ASIC's FY21 industry levy will blow out even more than its estimates. The association does not want history to repeat itself, pointing to how the FY20 levy jumped 54% higher than ASIC's estimates. ...

Robo advice potential skyrockets

ANNABELLE DICKSON  |  TUESDAY, 27 JUL 2021
The Australian robo advice industry has doubled its potential market size over the last two years, new research shows. Rainmaker Information data shows the robo advice industry could reach $60 billion, up from $30 billion estimated in 2018. The data ...

Crypto fund hires from Blue Sky

ELIZABETH MCARTHUR  |  FRIDAY, 16 JUL 2021
A new cryptocurrency fund has launched in Australia has appointed its chief investment officer from Blue Sky Alternatives. The Monochrome Bitcoin Fund, a unit trust aiming to provide institutional investors exposure to Bitcoin, launched last month. ...

Chief economist update: Local and foreign love affair with Australian property

BENJAMIN ONG  |  WEDNESDAY, 30 JUN 2021
... total $55.9 billion spent on buying up Australian real estate adds to the flood of money that's sending property prices sky high. The US led foreign property buyers with A$13.1 billion worth, accounting for 23.4% of total investment in Australia's ...