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Showing 721 - 730 of 6469 results for "September"

Survey shows impact of inflation on industry pay rises

CASSANDRA BALDINI  |  WEDNESDAY, 30 NOV 2022
... "true impact" of inflationary pressures on people's take home pay. Robert Walters explained over the 12 months to the September 2022 quarter, CPI rose to 7.3%. "Meaning anyone who received a rise in pay below that figure over the period suffered a 'real-terms' ...

SMSF auditors in hot water

CHLOE WALKER  |  WEDNESDAY, 30 NOV 2022
... superannuation fund (SMSF) auditors for breaches of independence requirements and auditing standards. Between June 29 to September 30, ASIC disqualified three SMSF auditors from being registered, imposed additional conditions on the registration of one ...

BOQ boss departs suddenly

CASSANDRA BALDINI  |  MONDAY, 28 NOV 2022
... Allaway thanked Frazis for his tenure but explained a change in leadership was required. "George Frazis joined BOQ in September 2019 and has overseen a return to growth in all key channels across the bank, the successful acquisition and integration of ...

Hostplus defies inflation fears

ELIZABETH FRY  |  MONDAY, 28 NOV 2022
... our demographics or cash flow changes." According to Rainmaker, median returns for MySuper products for the year to September were -5.9%. Hostplus' balanced option returned -3.7% for the period, ranking seventh in the sector. But the super fund returned ...

Stop orders slapped on two Perpetual funds

JAMIE WILLIAMSON  |  FRIDAY, 25 NOV 2022
... market," ASIC said. The regulator added that it expects Perpetual to take steps immediately to rectify the issues. As at September 30, the geared fund had $399.65 million in funds under management and, in the year to October 31, returned -4.45%. The ...

Super assets decline despite contributions surge

JAMIE WILLIAMSON  |  WEDNESDAY, 23 NOV 2022
Total superannuation assets dropped 3.2% in the year to September 30 despite a 12% increase in contributions. APRA's latest statistics show $150.2 billion in contributions were made in the period, which is about 12% higher than the previous corresponding ...

Global X launches copper miners ETF

CHLOE WALKER  |  WEDNESDAY, 23 NOV 2022
... and infrastructure. It's the second ETF launched by Global X ETFs Australia since it rebranded from ETF Securities in September. The fund works by tracking the Solactive Global Copper Miners Total Return Index, which is designed to track the performance ...

Super fund overhauls investment direction

JAMIE WILLIAMSON  |  MONDAY, 21 NOV 2022
... average member age of 23, the Balanced option would likely achieve better returns for members over the long term. To September 30, Professional Super's Balanced option returned -8.1%. The market median was -6.5%, according to Rainmaker. As a result of ...

Perpetual appoints head of equities

ANDREW MCKEAN  |  MONDAY, 21 NOV 2022
... performance continues to be strong, with 92% of equities strategies outperforming their benchmarks over the three years to September 30." Also, as previously reported by Financial Standard, last week Perpetual and Pendal Group confirmed the terms of ...

Forrests invest in post-war, green Ukraine

RACHEL ALEMBAKIS  |  FRIDAY, 18 NOV 2022
... independent from BlackRock's traditional asset management business, BlackRock. The MoU formalised a discussion in early September between President Zelenskyy, BlackRock chair and chief executive Larry Fink and Forrest. "Our investment fund will help ...