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Showing 751 - 760 of 3744 results for "Figure"

Aussie retail crypto fund flags broker partnership

ALEX BURKE  |  WEDNESDAY, 30 MAY 2018
A new cryptocurrency investment fund open to retail investors is entering a strategic partnership with one of Australia's largest crypto broker firms. The New Dawn Fund was launched in April and is led by managing director Rob Dey, who was previously ...

Productivity Commission addresses superannuation lottery

DARREN SNYDER  |  TUESDAY, 29 MAY 2018
... delivered materially lower returns on average than larger SMSFs - exceeding 10 percentage points every year from 2005. Figure 1. Productivity Commission infographic One default eliminates multiple accounts Productivity Commission deputy chair Karen Chester ...

More victims of financial crime in APAC: Reuters

HARRISON WORLEY  |  MONDAY, 28 MAY 2018
... companies also spent an average of 3.6% of turnover on preventing financial crime in their operations. In terms of a dollar figure, the research found that APAC companies suffered losses amounting to USD$166 billion, compared with USD$1.45 trillion globally. ...

Spaceship looks outside of superannuation

KANIKA SOOD  |  WEDNESDAY, 23 MAY 2018
... lot of millennials are saying that wealth management products are difficult to use and what we are really trying to do is figure out what is the right direction to simplify a managed fund," he said. In came the Spaceship Voyager app, which lets users ...

Chief economist update: Onwards and downwards to a recession?

BENJAMIN ONG  |  THURSDAY, 17 MAY 2018
Now look at what you've done. It's over! Japan's eight consecutive quarters of expansion is no more. Preliminary estimates show the country's real GDP contracted by 0.2% in the March quarter, more than reversing the 0.1% gain in the ...

Chief economist update: Stuck in the very slow lane

BENJAMIN ONG  |  WEDNESDAY, 16 MAY 2018
Now we know. Growth in Australian wages remained stuck cruising at a low altitude of 2.1% in the March 2018 quarter, unchanged from the previous quarter and the quarter before that. Take these annual growth rates to two decimal places and we find that ...

Corporate bond demand strengthens: Report

KARREN VERGARA  |  THURSDAY, 3 MAY 2018
... uptake of corporate bonds lagged drastically - less than 1% of the corporate bonds are issued domestically whereas the figure is 20% in the US, the report said. "While the size of Australia's corporate bond market has grown rapidly during the past 10 ...

IOOF flags ANZ Wealth results ahead of acquisition

ALEX BURKE  |  WEDNESDAY, 2 MAY 2018
IOOF alerted shareholders to the updated performance figures for the businesses it is planning to acquire from ANZ. The bank's 1H18 results reveal that cash profits in the wealth division slid by 24% to $44 million. ANZ said this was because of a non-recurring ...

Government names AFCA board members

ALEX BURKE  |  WEDNESDAY, 2 MAY 2018
Four industry figures, including a prominent Sydney financial planner, have been appointed to the board of the Australian Financial Complaints Authority (AFCA). The new members are Claire Mackay, Andrew Fairley, Erin Turner and Alan Wein. They join ...

SMSFs ramp up LRBA and property allocations

KARREN VERGARA  |  TUESDAY, 1 MAY 2018
Latest ATO figures show self-managed super funds' interest in limited recourse borrowing arrangements (LRBA) and residential property assets have skyrocketed in the last five years. December 2017 quarterly data shows the sector held $31.4 billion in ...