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Showing 631 - 640 of 3743 results for "Figure"

Super funds to dominate ASX: Research

KARREN VERGARA  |  FRIDAY, 17 MAY 2019
... increased by 9.4% p.a. Rainmaker estimates that super funds hold more than 20% of the banking sector. Including SMSFs, this figure jumps to one third. The top 10 most popular companies among super funds are: CSL, NAB, Westpac, ANZ, BHP, CBA, Westfarmers ...

Rainmaker unveils the best wholesale managed funds

KARREN VERGARA  |  THURSDAY, 16 MAY 2019
An Australian Unity fund has topped Rainmaker's analysis of top-performers in the wholesale managed funds sector over the last three years. The Australian Unity Retail Property Fund delivered 25.1% in the three years to March 2019, outstripping ...

Labor proposal targets low income earners: Association

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 MAY 2019
... income. However, the franking credit refund on a diversified portfolio of that size would be just over $10,000. The $83,454 figure the Alliance refers to comes from Treasury modelling and excludes many in the workforce. It only refers to full-time workers ...

Ken Marshman departs JANA

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2019
Ken Marshman is stepping down as chair of JANA and his successor has been named. Marshman has announced his retirement from the JANA board and Fiona Dunn has been named as his successor. Marshman commenced his transition to retirement in 2013. He served ...

SMSF gender gap reduces over time

HARRISON WORLEY  |  TUESDAY, 7 MAY 2019
... In their first year, SMSFs start with cash and term deposit allocations of around 36%. However, after just a year that figure drops to roughly 22%, and with capital redeployed into other asset classes such as equities. By the fifth year, cash and term ...

Australians lose record amount to scams

ELIZABETH MCARTHUR  |  TUESDAY, 7 MAY 2019
... lost almost half a billion dollars to scams in 2018. However, the Australian Competition and Consumer Commission said the figure should be taken with a grain of salt as many people who fall victim to scams choose not to report. Losses to investment scams ...

ANZ serious on cost cuts

ELIZABETH MCARTHUR  |  MONDAY, 6 MAY 2019
... explained the business currently runs at around $8.5 billion and that given growth and inflation projections the $8 billion figure should represent a reduction of roughly $1 billion reduction in real terms. The reduction in business costs is expected ...

What will super funds get from the ASX CHESS replacement?

KANIKA SOOD  |  THURSDAY, 2 MAY 2019
As the ASX ticks along in switching from its legacy settlement service to a blockchain based solution, how will Australia's $2.8 trillion pool of superannuation assets benefit? That's a question ASX chief executive Dominic Stevens addressed ...

Westpac reveals Magnitude, Securitor adviser remediation

HARRISON WORLEY  |  WEDNESDAY, 1 MAY 2019
... after it announced a $260 million hit to first half cash earnings due to remediation costs in March. About half of that figure relates to the bank's financial advice business, Westpac said at the time. Westpac said it would continue to work with ...

Chief economist update: Lock in two RBA rate cuts

BENJAMIN ONG  |  FRIDAY, 26 APR 2019
The stats are out and it reveals that Australian consumer price inflation has softened... big time. There's no other option for the Reserve Bank of Australia (RBA) to cut interest rates soon and twice. The Australian Bureau of Statistics' (ABS) ...