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Showing 761 - 770 of 6260 results for "Cash"

Liquidate $250bn Future Fund, says think tank

CASSANDRA BALDINI  |  THURSDAY, 10 AUG 2023
... cost, the cost of debt, which is borne by the budget," said Burshtein. Using the Reserve Bank of Australia's official cash rate of 4.1%, Burshtein said the fund would need to generate 4.1% returns after costs to just break even. "... and to break ...

Vanguard reveals the premier asset class of the last 30 years

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... Meanwhile, Australian bonds also registered a recovery, achieving a 1.2% return as opposed to its steep drop of -10.5% in FY22. Cash, which was the best-performing asset class last year with a 0.1% yield, managed a return of 2.9% this year, placing it ...

Link Group to cop $418m loss

JAMIE WILLIAMSON  |  THURSDAY, 3 AUG 2023
... Link added that its results will also be impacted by a gain of about $407 million related to the divestment of PEXA, a non-cash impairment of -$368 million on Link Fund Solutions, a non-cash impairment of -$25.3 million on Banking and Credit Management ...

HESTA moves 10% of portfolio in-house

CASSANDRA BALDINI  |  THURSDAY, 3 AUG 2023
... the portfolio, with the team now managing $4 billion in funds under management. The fund said its internal fixed income and cash strategies also went live recently in June 2023. HESTA chief investment officer Sonya Sawtell-Rickson said it was a significant ...

HUB24 unveils new data feeds

CHLOE WALKER  |  WEDNESDAY, 2 AUG 2023
... new data feeds and automation capabilities, enabling financial advisers to report on clients' other investments including cash accounts and term deposits, listed securities, managed funds, direct property, and other assets. HUB24 chief product and innovation ...

Mortgage holders, retailers relax after rate pause

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
... Mortgage holders and retailers breathed a resounding sigh of relief when the Reserve Bank of Australia (RBA) steadied the cash rate for the second month in a row. In leaving the base rate at 4.1%, the RBA signalled that its monetary policy strategy is ...

RBA sustains cash rate at 4.1%

KARREN VERGARA  |  TUESDAY, 1 AUG 2023
The Reserve Bank of Australia (RBA) left the cash rate unchanged again at 4.1% but warns that more hikes are necessary to tame inflation. Outgoing governor Philip Lowe said Australia's central bank remains "resolute in its determination to return ...

FinClear buys cash investment platform

JAMIE WILLIAMSON  |  TUESDAY, 1 AUG 2023
Adding to its growing suite of services, FinClear acquired Transact1, a cash investment solution used by both wholesale and institutional investors. FinClear said it is capitalising on growing demand for cash investment products, saying Transact1 positions ...

Goldman Sachs launches global infra feeder fund for Aussie investors

CASSANDRA BALDINI  |  MONDAY, 31 JUL 2023
... indexed on inflation were seeking real assets that would match these liabilities and provide them stable and predictable cash flows indexed on inflation." However, there's been a shift in client appetite. "Recently, private wealth investors, all ...

Inflation falls to 6%

CASSANDRA BALDINI  |  WEDNESDAY, 26 JUL 2023
... "clinging" to hopes that the labour market will begin to soften over the second half of the year. "The case for raising the cash rate in August remains based on the strength of the labour market, still stubborn inflation and further upside risks to wages. ...