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

Search Results

Showing 741 - 750 of 11467 results for "Rate"

Acadian AM launches two new credit strategies

ELIZA BAVIN  |  MONDAY, 2 SEP 2024
Acadian Asset Management has added to its credit lineup with the launch of a Global High Yield and US Investment Grade offering. The new strategies will be managed by senior vice president and director of systemic credit Scott Richardson and his team ...

Count reports strong results on back of Diverger acquisition

ELIZA BAVIN  |  FRIDAY, 30 AUG 2024
... a standout moment for the company which is expected to deliver cost synergies with at least $4 million in annualised run rate expected. "This elevated Count to become the second largest wealth management advice firm in Australia, reinforcing our commitment ...

Generation Development Group profit jumps

ANDREW MCKEAN  |  THURSDAY, 29 AUG 2024
... that the current sales momentum will continue as we capitalise on the legislative tailwinds from the proposed double tax rate on earnings of superannuation balances above $3 million and redesigned Stage 3 tax cut changes," the company said. "We'll ...

Australians robbed of super savings

ANDREW MCKEAN  |  WEDNESDAY, 28 AUG 2024
Australians are being cheated out of $5.1 billion annually in superannuation, according to an analysis from the Super Members Council. SMC modelling showed that nearly three million people were denied $5.1 billion in superannuation entitlements in just ...

WAM Active returns 30%, beats indices

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2024
Listed investment company (LIC) WAM Active (WAA) returned nearly 30% p.a. to unitholders, trumping its benchmarks in the last financial year. WAA beat its reference indices S&P/ASX All Ordinaries Accumulation Index by 13.3% and the Bloomberg AusBond ...

Inflation eases in July

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
... economist David Bassanese said that while the further slowing in annual inflation is welcome, it may not mean an interest rate cut is on the cards. "Today's July CPI report showed a welcome further slowing in annual inflation, albeit the result was ...

AustralianSuper takes monster hit on Pluralsight

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
AustralianSuper has written off its $1.1 billion investment in online education firm Pluralsight, following the company's restructuring. The superannuation giant invested in Pluralsight in 2021, as a co-underwriter with Vista Equity Partners, which ...

Sequoia ends FY24 with 350 advisers

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... businesses like ours are far more sustainable and less reliant on new sales and transactional income. In our case the retention rate of advisers of a scale we see as commercial using our services and accountants using our legal and document business ...

Economists hit back at RBA guidance

ELIZA BAVIN  |  TUESDAY, 27 AUG 2024
... year. RBA governor Michele Bullock pushed back against the market pricing, stating it was "premature to be thinking about rate cuts" and a near-term cut "doesn't align with the board's current thinking". The RBA has introduced forward guidance since ...

Short-termism damaging Australian economy: CEDA

ELIZA BAVIN  |  TUESDAY, 27 AUG 2024
Australia must move beyond pervasive short-termism and lift its policy ambitions if the nation is to reach its economic potential, according to the Committee for Economic Development of Australia (CEDA). "Our record of almost three decades of economic ...