Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 711 - 720 of 8407 results for "June"

Growthpoint sells down majority stake in six industrial assets

KARREN VERGARA  |  TUESDAY, 1 OCT 2024
... It owns and manages 57 office and industrial properties. The industrial portfolio was valued at $1.6 billion at the end of June, representing 37% of the directly held asset base at the time. Last month, Growthpoint acquired office building 2 Constitution ...

Labor delivers another budget surplus, but productivity stalls

ELIZA BAVIN  |  TUESDAY, 1 OCT 2024
... "productivity deadlock". The PC quarterly productivity bulletin found labour productivity fell 0.8% across the economy in the June quarter, marking a return to the weak productivity growth trend of the five years leading up to the pandemic. "During the ...

GESB adopts Protecting Your Super reforms

JAMIE WILLIAMSON  |  MONDAY, 30 SEP 2024
... member accounts and over $36 billion in funds under management (FUM). The fund predicts its FUM will grow to $41.5 billion by June 2025.

Household wealth rises in June quarter

ELIZA BAVIN  |  FRIDAY, 27 SEP 2024
Household wealth rose for the seventh consecutive quarter - rising 1.5% or $250 billion - in June 2024, according to data from the Australian Bureau of Statistics (ABS). Total household wealth was $16.5 trillion in the June quarter, which was 9.3% ($1.4 ...

Australians living through protracted period of economic misery: CEDA

ANDREW MCKEAN  |  TUESDAY, 24 SEP 2024
... whereby high interest rates or unemployment drove economic misery, this time inflation was the main contributor from the June quarter of 2021 to September quarter of 2023. CEDA economist Liam Dillon said this clearly highlights the difficult trade-off ...

ASIC updates and reissues RG 121

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
... to conduct a financial services business in Australia. The newest version replaces the last guidance which was issued in June 2013. ASIC said RG 121 has been reissued to remove references to expired or repealed AFS licensing relief, including class relief ...

Lost super bill sits at $18bn: ATO

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... and amounts owed to former temporary residents. Again, the bulk, by both account number and value, belongs to men. As at June 30, some four million individuals had two or more superannuation accounts; 17% have two accounts, 4% have three accounts, and ...

MLC Super to slash admin fees for members

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... 0.81%. According to Rainmaker Information, the average total investment fees for a retail MySuper product was 0.60% as at June 2023.

AMP BOLR litigants face lengthy payout process

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
... no further disputes, the payments will be made. Macdonald expects that the entire process will finalise either in March or June of next year. Some 475 group members took part in the class action. Ninety-two or 20% of the participants opposed the approval ...

WAM tells investors it 'got the call wrong'

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
... occasionally we get burnt," Ayoub said. "We got that one wrong, but the journey isn't quite over." WAM took the stake in Star around June last year when the share price was above $1 per share. The share price as of writing is $0.45 per share. Despite ...