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Showing 51 - 60 of 171 results for "Bank Bill"

CommInsure awards $300m risk premia mandate

ALEX BURKE  |  TUESDAY, 7 NOV 2017
... value, momentum and carry styles. It targets a return of at least 7% per annum in excess of the Australian three-month Bank Bill Rate (ADBB3M Curncy) over rolling five-year periods. "We see continued strong interest in our product offering managed by ...

ANZ Wealth drags group's earnings

KARREN VERGARA  |  THURSDAY, 26 OCT 2017
... also noted that it reached a confidential and in-principle agreement to settle court action relating to the Australian bank bill swap rate market with ASIC, but the financial impact was not covered in the results. The group reported a cash profit of ...

ANZ and ASIC settle over BBSW case

DARREN SNYDER  |  MONDAY, 23 OCT 2017
... Commission have reached a confidential and in-principle agreement to settle court action relating to the Australian bank bill swap rate market. This morning ASIC asked the Federal Court to stand down an impending trial for 48 hours. It will allow ANZ ...

SMSFA supports quarterly reporting proposal

EMMA RAPAPORT  |  TUESDAY, 22 AUG 2017
... that delays in collecting information can result in trustees being charged interest at 7% per annum above the 90-day bank bill rate, accruing daily, on excess transfer balance accounts. He adds that until this new proposed reporting regime starts, the ...

JB Financial enters buyout mode

ALEX BURKE  |  FRIDAY, 23 JUN 2017
JB Financial Group is on an acquisition drive with three flagged purchases and a raft of new hires. The first, Risk & Security Management (RSM), has already been completed, adding 68 employees to JB Financial's staff. Consideration for the RSM acquisition ...

BlackRock lists cash ETFs

DARREN SNYDER  |  TUESDAY, 6 JUN 2017
... BlackRock has listed a further two iShares ETFs in Australia and both are aligned to cash. Benchmarked to the S&P/ASX Bank Bill Index, the iShares Core Cash ETF (ASX: BILL) and the iShares Enhanced Cash ETF (ASX: ISEC) both provide access to a diversified ...

New cash ETF for UBS

KARREN VERGARA  |  FRIDAY, 2 JUN 2017
UBS's newly-launched cash ETF is filling a gap in a market delivering little to zero returns, according to its head of fixed income. The UBS IQ Cash ETF is not a substitute for term deposits; it aims to deliver superior returns above the 1.5% cash rate ...

Tax breaks delivered to first home buyers

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... make payments as required. These earnings amounts will be calculated using a deemed rate of return based on the 90 day Bank Bill rate plus three percentage points. According to the Budget, while these are First Home Saver accounts there will be no age ...

Media Super launches $30m revolving fund

KARREN VERGARA  |  MONDAY, 10 APR 2017
... said he expects to earn a higher return on the R&D finance facility, with interest rates set at good margins above the bank bill rate. The fund is targeting companies with a turnover of less than $20 million per annum and qualifies for a 45% tax credit ...

AMP and Zenith portfolios add global bond fund

ALEX BURKE  |  TUESDAY, 22 NOV 2016
... unconstrained global fixed income fund and is based on Payden's absolute return strategy. Relative to the Bloomberg AusBond Bank Bill Index, the fund has generated 2.41% per annum over three years. It is also available on the Asgard, BT, HUB24, Macquarie ...