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Showing 621 - 630 of 7219 results for "Record"

Labor delivers another budget surplus, but productivity stalls

ELIZA BAVIN  |  TUESDAY, 1 OCT 2024
... delivered back-to-back surpluses in nearly two decades. In dollar terms, they are the biggest consecutive surpluses on record," Chalmers said. "These surpluses are helping to pay down debt and they are helping in the fight against inflation. They are ...

Retirement calculators 'can't be counted on': SCA

ANDREW MCKEAN  |  MONDAY, 30 SEP 2024
... balance between the ages 85 and 95. "Planning for retirement is too important to just leave to super funds with a track record of poor-quality guidance. Our findings cast doubt on whether super funds have the capability to provide quality tools and guidance ...

Inflation debate: Albo says rebates will keep inflation down

ELIZA BAVIN  |  THURSDAY, 26 SEP 2024
... Energy Bill Relief rebates and state government rebates drove a 17.9% drop - the largest fall in electricity prices on record. "The falls in electricity and fuel had a significant impact on the annual CPI measure this month. When prices for some items ...

ASIC extends two advice instruments

KARREN VERGARA  |  WEDNESDAY, 25 SEP 2024
ASIC has extended the reportable situations relief and personal advice record keeping requirement instruments for another five years. The regulator has established ASIC Corporations and Credit (Breach Reporting-Reportable Situations) Instrument 2024/620 ...

ASIC slaps Macquarie with record $5m fine

KARREN VERGARA  |  WEDNESDAY, 25 SEP 2024
ASIC imposed a record $5 million fine on Macquarie Bank for its failure to curb suspicious order transactions on electricity futures. ASIC's Markets Disciplinary Panel (MDP) found Macquarie breached market integrity rules on 50 occasions between January ...

Global X hires new chief executive

KARREN VERGARA  |  MONDAY, 23 SEP 2024
... quantitative analyst at Westpac. Zaika said: "With over US$86 billion in assets under management globally and a strong track record of designing client-centric solutions, Global X is uniquely positioned to forge its leadership in Australia. I look forward ...

Calls for independent oversight on mortgage stress

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
In August, Finder's Consumer Sentiment Tracker recorded the highest level of mortgage stress since it first began tracking in early 2019. More than two in five (42%) homeowners struggled to pay their home loan in August with an estimated 1.4 million ...

Muzinich & Co. partners to launch infrastructure debt strategy

MATTHEW WAI  |  TUESDAY, 17 SEP 2024
... this transition," Tan added. "Our partnership with Orion3, supported by CKA, leverages deep expertise and a proven track record in private credit and real assets to offer investors a powerful opportunity to access and support the next phase of infrastructure ...

Managers struggle to secure positive net flows in FY24

ANDREW MCKEAN  |  THURSDAY, 12 SEP 2024
A minority of investment managers have had positive net flows over the past year, according to Rainmaker Information. Of the 158 investment managers tracked in the research house's managed funds database, only 62 saw net inflows, while 96 experienced ...

New global chiefs for abrdn, Schroders

KARREN VERGARA  |  WEDNESDAY, 11 SEP 2024
... leader of client focused, people centric businesses. He has a global perspective, a strategic growth mindset and a proven record of leadership." Schroders had £773.7 billion ($1.5tn) in AUM at the end of June.