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Showing 761 - 770 of 9735 results for "Lowe"

Objective of super bill lands in parliament

ANDREW MCKEAN  |  FRIDAY, 17 NOV 2023
Treasurer Jim Chalmers has tabled a new bill in Parliament to legislate an objective of superannuation, aimed at securing a dignified retirement for more Australians. The Superannuation (Objective) Bill 2023, which was introduced to Parliament yesterday ...

HUB24 unveils new offering for lower balance clients

CHLOE WALKER  |  WEDNESDAY, 15 NOV 2023
HUB24's new Discover offering is aimed at early-stage wealth accumulators and later-stage retirees, providing cost-effective access to a streamlined selection of managed portfolios. The Discover offering, now available on HUB24 Invest, Super and Pension ...

Super fund fees now at record low: Data

ANDREW MCKEAN  |  TUESDAY, 14 NOV 2023
Superannuation fees in Australia have reached a historic low, with the total expense ratio averaging 0.93% per annum, as per research from Rainmaker Information. Rainmaker Information's analysis of over 1500 superannuation fund fee options, spread across ...

ANZ rakes in $7.4bn profit

CASSANDRA BALDINI  |  MONDAY, 13 NOV 2023
In its full-year 2023 results, ANZ declared a cash profit of $7.4 billion, up 14% on the previous year. The big four bank said its proposed final dividend for 2023 also increased to 94 cents per share (cps), consisting of an 81 cps dividend partially ...

A-REIT strategies outperform G-REITs

CHLOE WALKER  |  MONDAY, 13 NOV 2023
A considerable number of Australian real estate investment trust (A-REIT) managers have been able to outperform the average total return of passive strategies over the long term, while their global counterparts have struggled. Morningstar's latest analysis ...

GQG's PAC acquisition attempt hits snag

KARREN VERGARA  |  MONDAY, 13 NOV 2023
GQG Partners' attempted acquisition of Pacific Current Group (PAC) has hit a snag as the former's major shareholder River Capital imposes its own conditions and a lower offer price. River Capital has undercut the original $11 offer to be paid in cash ...

More than $17m paid in CFD-related remediation

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
More than $17.4 million has been made in compensation payments to retail clients affected by legal breaches by eight retail OTC derivative issuers, $13 million of which was paid by Binance alone. ASIC said the payments have been made to more than 2000 ...

Westpac reports $7.2bn profit

KARREN VERGARA  |  MONDAY, 6 NOV 2023
Soaring interest rates bolstered Westpac home and business loan books which ultimately saw the bottom line jump by 26% to $7.2 billion. The major bank's full-year performance to September reaped from $70 billion worth of home loans that transitioned ...

American Century unveils new global strategy

CHLOE WALKER  |  FRIDAY, 3 NOV 2023
The American Century Global Sustainable Value Equity strategy will target 'diamonds in the rough' that are well positioned to benefit from a transition to more sustainable business practices. The strategy, managed by global value equity chief investment ...

Janus Henderson to delist from ASX

ANDREW MCKEAN  |  THURSDAY, 2 NOV 2023
Janus Henderson is set to delist from the ASX, saying the proportion of capital held through CHESS Depository Interests (CDIs) has "declined significantly." The investment manager, which anticipates delisting from the ASX on December 6, has seen its ...