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Showing 51 - 60 of 544 results for "Term deposit"

Mortgage holders, retailers relax after rate pause

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
Mortgage holders and retailers breathed a resounding sigh of relief when the Reserve Bank of Australia (RBA) steadied the cash rate for the second month in a row. In leaving the base rate at 4.1%, the RBA signalled that its monetary policy strategy ...

FinClear buys cash investment platform

JAMIE WILLIAMSON  |  TUESDAY, 1 AUG 2023
... compliance services to meet regulatory and risk management needs. It also operated the Wealth Cash Income Fund, a term deposit managed fund for smaller investments, diversified across numerous banks. FinClear said this gives its clients a readily available ...

Aware Super details new term deposit option

JAMIE WILLIAMSON  |  MONDAY, 31 JUL 2023
... deposits, locking in rates currently as high as 5.25%. In April, Financial Standard flagged Aware Super was introducing a term deposit investment option as part of a raft of changes to kick in once the VicSuper brand was retired. With that having now ...

Investors flock to conservative ETFs: Podcast

CASSANDRA BALDINI  |  THURSDAY, 25 MAY 2023
Stockspot founder and chief executive Chris Brycki says the global macroeconomic backdrop has shifted investor trends, causing an uptake in conservative ETFs. Investors have faced varying challenges over the past 12 months and, speaking on the latest ...

Aware retires VicSuper brand, expands investment menu

ANDREW MCKEAN  |  FRIDAY, 28 APR 2023
... and international fixed income investments, such as government and corporate bonds. Aware Super also developed a Term Deposit option, a non-unitised offering that provides a fixed rate of return for a specified term. Meanwhile, Aware Super flagged that ...

Investors flock to term deposits over equities

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... decreased from $40.6 billion to $37.5 billion, a decrease of 8%. In contrast, APRA data shows a significant increase in term deposit holdings in banks between December 2021 and September 2022, with the amount rising by $170 billion, from $781 billion ...

Fraudster sentenced to eight years behind bars

CHLOE WALKER  |  MONDAY, 17 APR 2023
Former property investment spruiker Anthony Keith Silver has been sentenced to eight years and six months imprisonment for a $1.8 million fraud. Silver was previously shadow director of Capital Growth International Club and All About Property Developments ...

Hostplus cuts Choiceplus fees

JAMIE WILLIAMSON  |  WEDNESDAY, 5 APR 2023
The super fund is reducing fees on its direct investment option for members, effective this month. The Choiceplus option enables members to invest in the shares in the S&P/ASX 300, a range of ETFs and listed investment companies (LICs) and term deposits. ...

Outflows, M&A batter active managers

KARREN VERGARA  |  THURSDAY, 30 MAR 2023
Rampant mergers and acquisitions, eye-watering redemptions and product closures over the last three years put to question if active fund managers are still fit for purpose. Rainmaker modelling shows that between 2020 and this month, more than 120 listed ...

AustralianSuper overhauls Member Direct fees

KARREN VERGARA  |  MONDAY, 6 MAR 2023
AustralianSuper is introducing several changes to one of its popular options, which includes slashing administration and brokerage fees. From 1 April 2023, the Member Direct investment option is introducing a simpler and more competitive fee structure ...