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Showing 621 - 630 of 8008 results for "Average"

Global small caps outperform Aussie counterparts: SSGA

ANDREW MCKEAN  |  THURSDAY, 28 SEP 2023
State Street says global small cap companies have consistently bested their Australian counterparts, offering higher annual returns and lower volatility. The US$3.6 trillion asset manager noted that the MSCI World Small Caps Index has yielded an 8.39% ...

Australia's wealth gap deepens: Report

CHLOE WALKER  |  WEDNESDAY, 27 SEP 2023
The gap between those with the most and those with the least has blown out over the past two decades, with the average wealth of the highest 20% growing at four times the rate of the lowest, new research suggests. A new report by the Australian Council ...

Coolabah Capital launches new active ETP

ANDREW MCKEAN  |  WEDNESDAY, 27 SEP 2023
... the Reserve Bank of Australia (RBA) cash rate plus 1.5% to 3% per annum, after fees. The fund also seeks to maintain an average A credit rating and focuses on low interest rate duration risk. Coolabah Capital chief operating officer Luke Bouris said ...

ANZ hit with $15m penalty for misleading customers

ANDREW MCKEAN  |  TUESDAY, 26 SEP 2023
... customers." ANZ has already reimbursed over 186,000 accounts for erroneous fees and interest on cash advances. While the average remediation amount is around $45 per affected account, some individual customers were charged thousands of dollars in fees. ...

No bubble risk in Sydney housing market: UBS

CHLOE WALKER  |  THURSDAY, 21 SEP 2023
... which are now overvalued. Across the board, UBS said, house price growth has suffered due to rising financing costs as average mortgage rates have roughly tripled since 2021 in most markets. "In some cities, however, the seeds for the next property price ...

Gender parity in funds management stalls

ANDREW MCKEAN  |  WEDNESDAY, 20 SEP 2023
... focused on consumer discretionary stocks. It was also highlighted that women typically oversee smaller funds, managing an average of $396 million in assets, while their male counterparts handle larger portfolios averaging $595 million. "When the economy ...

Aussie investors tighten purse strings: Survey

CHLOE WALKER  |  TUESDAY, 19 SEP 2023
... (18.3%). Interestingly, younger Australians contributed the most of their disposable income towards investing (a 19.9% average amongst Gen Z) compared to their Baby Boomer counterparts (10.9%). In taking a more conservative investing approach, investors ...

Australia sees modest uptick in HNWIs: Study

CHLOE WALKER  |  MONDAY, 18 SEP 2023
... Praemium chief executive Anthony Wamsteker said. When asked how much they'd be willing to pay to plug this advice gap, on average respondents said $2800. The median answer was just $1000. Wamsteker said platform providers need to continue to update and ...

ECB raises rates to record high of 4%

CASSANDRA BALDINI  |  FRIDAY, 15 SEP 2023
... and factors in an outlook of sticky inflation. The ECB said its September macroeconomic projections for the region see average inflation at 5.6% in 2023, 3.2% in 2024, and 2.1% in 2025. "This is an upward revision for 2023 and 2024 and a downward revision ...

Young Aussies flock to SMSFs

KARREN VERGARA  |  THURSDAY, 14 SEP 2023
... year on year, according to APRA data. SMSFs comprise $876.4 billion or 25% of the $3.54 trillion superannuation pool. On average, non-concessional contributions for Class members in FY22 rose by 28.1%, resulting from several factors including downsizing ...