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Showing 41 - 50 of 445 results for "Term Deposits"

Mortgage holders, retailers relax after rate pause

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
... Australians dipping into their savings. RFI Global calculates Aussies have $60,000 in savings on average, which includes term deposits, offsets, mortgage redraw, and share-trading accounts. Over the past six months however, savings have been in steady ...

FinClear buys cash investment platform

JAMIE WILLIAMSON  |  TUESDAY, 1 AUG 2023
... across numerous banks. FinClear said this gives its clients a readily available solution, accessing high interest term deposits without administrative burden. Under the deal, the Transact1 team will continue to be based in Brisbane and led by chief executive ...

Aware Super details new term deposit option

JAMIE WILLIAMSON  |  MONDAY, 31 JUL 2023
Aware Super members with at least $15,000 in their account can now invest their super directly in term deposits, locking in rates currently as high as 5.25%. In April, Financial Standard flagged Aware Super was introducing a term deposit investment ...

Investors flock to conservative ETFs: Podcast

CASSANDRA BALDINI  |  THURSDAY, 25 MAY 2023
... Brycki said his guess would be some of these older age groups have been saving a lot of cash in bank accounts or term deposits and are now wanting to now deploy some of that into the markets. "Because markets have dipped a little bit, so they've ...

Investors flock to term deposits over equities

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
Australian investors are flocking to term deposits and away from equity funds, signalling a shift towards more conservative investment strategies. Plan for Life data revealed that Australian equities funds experienced a decline in net funds inflows ...

Fraudster sentenced to eight years behind bars

CHLOE WALKER  |  MONDAY, 17 APR 2023
... Investors were told that their funds would be used to develop property in Tasmania or be pooled and invested in bank term deposits. Investors were also told they would receive returns of 15-20% per annum on their investments. Some investors were convinced ...

Hostplus cuts Choiceplus fees

JAMIE WILLIAMSON  |  WEDNESDAY, 5 APR 2023
... enables members to invest in the shares in the S&P/ASX 300, a range of ETFs and listed investment companies (LICs) and term deposits. Platform administration fees have been cut from $180 per annum to $168. In terms of brokerage fees, the minimum fee ...

Outflows, M&A batter active managers

KARREN VERGARA  |  THURSDAY, 30 MAR 2023
... active products to be listed as ETFs," he says. Interestingly, not all investors are now locking up their funds in term deposits. Vanguard found that ETFs recorded $12.8 billion in inflows last year, with Aussie bond ETFs jumping 65% year on year with ...

AustralianSuper overhauls Member Direct fees

KARREN VERGARA  |  MONDAY, 6 MAR 2023
... Those with $25,000 or more will see fees either stay the same or decrease. The portfolio administration fee on the term deposits, shares, ETF and LIC options will decrease. Members invested in term deposits will pay a flat $120 per year from April 1 ...

Netwealth rolls out platform enhancements

CASSANDRA BALDINI  |  FRIDAY, 3 FEB 2023
... enhancement will also enable alerts on client accounts and investments held within a client's account, such as expiring term deposits and maturing annuities. As well as monitor client cash flow with minimum cash alerts, monitor minimum investment amounts ...