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Showing 761 - 770 of 5506 results for "September 2"

Economic recap: Week to November 12

BENJAMIN ONG  |  MONDAY, 15 NOV 2021
Did the Reserve Bank of Australia (RBA) jump or was pushed by the bond market to scrap its target to keep the April 2024 Australian government bond yield at 10 basis points. The answer to this question becomes important because it would dictate future ...

BetaShares introduces suite of ethical SMAs

RACHEL ALEMBAKIS  |  FRIDAY, 12 NOV 2021
BetaShares has become the first ETF manager to launch ethical SMAs for financial advisers, with four new products on offer. This represents a milestone for BetaShares, becoming the first Australian ETF manager to successfully bring an ethical direct ...

Industry fund ups admin fees

JAMIE WILLIAMSON  |  THURSDAY, 11 NOV 2021
The Meat Industry Employees' Superannuation Fund is increasing its administration fees from December 1. Currently, members of MIESF pay $2.35 per week plus 0.10%. From next month, the asset-based component will increase to 0.18%. The weekly account ...

Supply chain issues push up retiree expenses

KARREN VERGARA  |  THURSDAY, 11 NOV 2021
Retirees continue to bear the brunt of an expensive retirement fuelled by global supply chain issues. Retired couples and singles saw living expenses in their twilight years rise 1% in the September quarter, the latest Association of Superannuation ...

NAB posts bumper profit

ANNABELLE DICKSON  |  TUESDAY, 9 NOV 2021
National Australia Bank recorded a 76.85% increase in cash earnings to $6.56 billion in its full-year results and outlined a new oil and gas policy. The big four bank also report a statutory net profit of $6.36 billion, up from $2.50 billion in 2020. ...

AMP continues to lose ESG investors

KARREN VERGARA  |  MONDAY, 8 NOV 2021
AMP Capital continues to buck the booming sustainable investment trend, suffering outflows for the fifth consecutive quarter. According to a new Morningstar note, AMP lost $69 million over the September quarter thanks to corporate issues at parent company ...

New Bitcoin fund promises tax efficiency

ELIZABETH MCARTHUR  |  FRIDAY, 5 NOV 2021
A new fund offering investors tax-efficient access to Bitcoin is preparing to launch in Australia under the trans-Tasman regulatory regime. The Vault International Bitcoin Fund launched in New Zealand in September and is the first regulated investment ...

Carlyle Group bids for Link

ANNABELLE DICKSON  |  FRIDAY, 5 NOV 2021
Carlyle Asia Partners has made a takeover offer for 100% of Link Group, valuing it at $5.38 per share - a significant premium. Carlyle Group's offer is made up of $3 per share cash offer for Link Group and a pro rata distribution of Link Group's shareholding ...

PM Capital forges ahead with LIC merger

KARREN VERGARA  |  FRIDAY, 5 NOV 2021
PM Capital is urging shareholders to allow its PM Capital Global Opportunities Fund (PGF) to take over the PM Capital Asian Opportunities Fund (PAF). This follows a Federal Court order that states PAF should convene and hold a meeting with its shareholders ...

E&P Financial Group hit with class action

KARREN VERGARA  |  THURSDAY, 4 NOV 2021
Piper Alderman launched a class action against E&P Financial Group and its former chief executive Alan Dixon for allegedly providing conflicted financial advice and engaging in misleading and deceptive conduct. The law firm has taken Dixon and E&P Financial ...