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Showing 761 - 770 of 16730 results for "The Australian"

Housing construction lags broader economy by 49%: PC

KARREN VERGARA  |  MONDAY, 17 FEB 2025
... more homes, regardless of what is happening with the workforce, interest rates or costs," she said. According to the Australian Bureau of Statistics (ABS) the economy spent $139 billion on housing construction in the year to June 2024. Some $83 billion ...

Fiducian FUMAA swell to $14.4bn

KARREN VERGARA  |  MONDAY, 17 FEB 2025
... outlook for the ASX is not as bright as offshore, plus some researchers believe there could be further weakness for the Australian dollar. Fixed interest holdings have been increased but remain just under benchmark for now." Funds under advice was 6% ...

Foreign investors banned from buying homes

ELIZA BAVIN  |  MONDAY, 17 FEB 2025
... years and crack down on foreign land banking. Treasurer Jim Chalmers said the move is aimed at easing pressure on the Australian housing market as more homes are built. "These initiatives are a small but important part of our already big and broad housing ...

ART, MLC AM, HESTA name directors

ELIZABETH FRY  |  THURSDAY, 13 FEB 2025
... Former Bendigo and Adelaide Bank chief Marnie Baker and former Brighter Super director Jennifer Thomas have joined the Australian Retirement Trust Board. Both directors bring extensive experience to the ART board. Baker spent 35 years with Bendigo, including ...

Five V hires from buyout firm EQT

ELIZABETH FRY  |  THURSDAY, 13 FEB 2025
... Perth-based SAP partner DyFlex Solutions and recently invested in Digital Matter. For its part, EQT is expanding into the Australian energy and environmental sector after buying companies worth over $10 billion in the past four years, including retirement ...

PIMCO hires former Global X sales lead

ELIZABETH FRY  |  THURSDAY, 13 FEB 2025
... Before Global X, some of his previous sales roles were at BlackRock and Fidelity International. The head of sales at the Australian business is Manny Damianakis. In another move, Alex Zaika recently joined the firm from GAM Investments where he had been ...

ASX reports 'record' revenue for 1H25, lags in listings

MATTHEW WAI  |  THURSDAY, 13 FEB 2025
The Australian Securities Exchange (ASX) has reported record operating revenue for its half-year result ending 31 December 2024. Following a turnaround year, the exchange saw its operating revenue surge 5.9% to $541.9 million from the previous corresponding ...

ASIC updates on SMSF advice review

ELIZA BAVIN  |  THURSDAY, 13 FEB 2025
The Australian Securities and Investments Commission (ASIC) said reviews are underway into why consumers are advised to establish an SMSF. Plans for the review were first announced in ASIC's Corporate Plan 2024-25 and the regulator has now confirmed ...

Treasury consults on genetic test ban in life insurance

JAMIE WILLIAMSON  |  WEDNESDAY, 12 FEB 2025
... Treasury noted that inclusion of the ban under the Insurance Contracts Act would enable individuals to apply to the Australian Financial Complaints Authority for remedies. Meanwhile, inclusion in the DDA would allow for complaints to be made to the Australian ...

ETF industry passes $250bn mark

ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2025
Positive market performance and record inflows have seen the Australian ETF industry surpass $250 billion in funds under management (FUM), according to the Betashares January ETF review. The industry saw $4.6 billion in net flows with the total market ...