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Showing 51 - 60 of 1377 results for %22April for May%22

Cbus appoints chief executive, deputy

KARREN VERGARA  |  WEDNESDAY, 14 JUN 2023
... merger with EISS Super in May. It marked Cbus' second merger in 13 months after it joined forces with Media Super in April 2022. Arter, who joined the fund in July 2020 from BlackRock and the Victorian Funds Management Corporation, announced his ...

Vanguard reduces fees on VAS

CASSANDRA BALDINI  |  THURSDAY, 8 JUN 2023
... fee reductions across its product range, including the most recent reduction for its Australian Fixed Income ETF (VAF). In April, it reduced managements costs for the VAF from 0.15% to 0.10% p.a. citing its ongoing commitment to bring down costs. "As ...

Economists divided over cash rate decision

ANDREW MCKEAN  |  MONDAY, 5 JUN 2023
... arguments for holding steady include that: the recent falls in retail sales and building approvals suggest weakening growth; the April jobs numbers suggested the labour market is loosening; the Q1 wages figures showed no signs of a prices-wages spiral ...

Inflation rises to 6.8%

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
... Australia's (RBA) target. Higher fuel prices have been attributed to the rise following the halving of the fuel excise tax in April 2022, originally unwound in October of the same year. "CPI inflation is often impacted by items with volatile price ...

Courtenay House affiliate faces prison

CHLOE WALKER  |  TUESDAY, 9 MAY 2023
... Papoulias pleaded guilty to one charge of carrying on an unlicensed financial services business between November 2016 and April 2017, and one charge of dealing in the proceeds of crime worth $100,000 or more. The court deemed him to be reckless to the ...

Mercer scoops up third BT business unit

KARREN VERGARA  |  MONDAY, 8 MAY 2023
... The successor funds transfer of BT Superannuation and takeover of Advance Asset Management, which finalised in March and April respectively, gained about $350 million for the group. Funds under management for the managed accounts channel on BT Panorama ...

RBA verdict on knife edge: Economists split

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
... through 2024." T. Rowe Price portfolio manager Scott Solomon believes the RBA will maintain the status quo in May, mirroring April's decision. "The recent CPI print signalled progress is being made on the inflation front and we suspect the RBA would ...

Future Super accused of greenwashing via Facebook post

JAMIE WILLIAMSON  |  TUESDAY, 2 MAY 2023
... to be able to stand by their sustainability statements and back these up with evidence." Future Super paid the notice on April 27. This brings the total amount in infringement notices over greenwashing issued to $150,000.

CVC sells 20% stake in Eildon

KARREN VERGARA  |  MONDAY, 24 APR 2023
... debt product and defined the target market based on features that CVC Notes 2 does not provide". ASIC revoked the order on April 4 after CVC narrowed the target market for the notes following the concerns. As at April 21, CVC said 311,410 of the notes ...

Purpose of pause to gather more data: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 APR 2023
... Australia's (RBA) call to pause rate hikes rested on a decision to gather more information, it said. The minutes from its April 4 board meeting, where it decided to keep the cash rate at 3.6%, reveal the board extensively weighed economic impacts of ...