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Showing 681 - 690 of 8410 results for "June"

Wages grow 3.5% for the year

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... head of price statistics Michelle Marquardt said this was the first time annual wage growth had fallen below 4% since the June 2023 quarter. Commonwealth Bank senior economist Stephen Wu said the reading was softer than what the Reserve Bank of Australia ...

Bell Financial Group bids $51m for SelfWealth

KARREN VERGARA  |  WEDNESDAY, 13 NOV 2024
... under administration (FUA) of about $11 billion. The transaction will see BFG's FUA rise to $94 billion. At the end of June, SelfWealth had 128,700 active traders and made $27.6 million in operating revenue and $3.4 million in profit. SelfWealth ...

Magellan chief operating and financial officer departs

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... announced Kirsten Morton has resigned as chief operating officer and chief financial officer. Morton started with the group in June 2013 in the joint role of chief financial officer and chief operating officer. She also served as interim chief executive ...

Australian economy 'fundamentally sound': CBA

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... thresholds. Troublesome and impaired assets were marginally higher at $8.8 billion, around $100 million up on the end of June 2024, representing 0.63% of total committed exposures. This comes as CBA also released its Household Spending Insights (HSI) ...

Fidelity makes key sales appointments

ELIZABETH FRY  |  WEDNESDAY, 6 NOV 2024
... experience in the wealth management industry, including with ING Australia and BT Investment Management. He joined the firm in June 2023 as a global cross-asset specialist, working closely with clients to communicate Fidelity's broad investment strategy ...

Australian Unity offloads banking business

ELIZA BAVIN  |  WEDNESDAY, 6 NOV 2024
... will acquire Australian Unity banking customers and their existing loans, credit cards and deposit accounts, which at 30 June 2024 sat at approximately 25,000 customers, $1.4 billion in loans and credit, and $1.6 billion in deposits. Australian Unity ...

Perpetual halves investment in embattled Star

ELIZA BAVIN  |  TUESDAY, 5 NOV 2024
... WAM portfolio managers Matthew Haupt and John Ayoub admitted they "got the call wrong" when they took a 4% stake in Star in June last year. In September, the WAM Leaders Fund announced it would be gearing up for a "huge rotation" in Australia's share ...

Licensees pay $92m in compensation

ELIZA BAVIN  |  FRIDAY, 1 NOV 2024
... the reportable situations regime. The publication provides high-level insights into reporting trends from 1 July 2023 to 30 June 2024, and covers licensee population reporting, breach identification and investigation, root causes, consumer impact and ...

Warakirri terminates Flinders fund

MATTHEW WAI  |  THURSDAY, 31 OCT 2024
... rich one, but it's interesting that the small-cap market has bottomed three times at almost exactly the same level - in June and September last year, and in October this year... Each time it's bounced quite well and looking like it's doing ...

UniSuper offers plenty to like, says Morningstar

ANDREW MCKEAN  |  WEDNESDAY, 30 OCT 2024
... has been consistently strong, while active asset allocation choices have delivered modest results over the three years to June 2024," it said. Over a three-year period, UniSuper's balanced option has returned 5.24% per annum. Over a 10-year period, that ...