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Showing 771 - 780 of 5866 results for "July"

Pacific Equity Partners finances reverse mortgage lender

ANDREW MCKEAN  |  MONDAY, 14 AUG 2023
... retirement funding at home." "The family home has always been a missing link in the nation's retirement funding system." In July, Funder told Financial Standard that the family home has a critical role to play in meeting the challenge of an ageing ...

US inflation rises 3.2%

KARREN VERGARA  |  FRIDAY, 11 AUG 2023
New data from the US shows that while inflation ticked up in July to 3.2%, several indicators find that soaring prices are finally moderating. According to the US Bureau of Labor Statistics, the Consumer Price Index (CPI) rose 0.2% in July on a seasonally ...

AMP provisions $50m in response to class action

ANDREW MCKEAN  |  THURSDAY, 10 AUG 2023
... three of the capital return. We will review the decision to pause tranche three by no later than the end of the year." In July 2023, the Federal Court ruled against AMP over its controversial change to the Buyer of Last Resort (BOLR) rules, backing AMP ...

Vanguard reveals the premier asset class of the last 30 years

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... last year's negative performance across the board. US shares led the pack this year, delivering a 23.5% return between 1 July 2022 to 30 June 2023, bouncing back from its -2.45 dip the previous year. Meanwhile, Australian bonds also registered a recovery ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  TUESDAY, 8 AUG 2023
... mid-cycle if a spot check is triggered, and then again at recertification." When the ASIC allegations were revealed on 25 July, RIAA examined the products to see if the current practices of the products in question including portfolio holdings disclosure ...

Mayfair 101 accuses ASIC of "suspicious" conduct over FOIs

JAMIE WILLIAMSON  |  FRIDAY, 4 AUG 2023
... its receipt. The embattled group said the first FOI request was made on June 20, followed by six separate FOI requests on July 21, seeking access to communications and notes exchanged between ASIC officials "that could explain the regulator's attempt ...

Former director pleads guilty to super misuse

CASSANDRA BALDINI  |  FRIDAY, 4 AUG 2023
... developments. However, it was found only a small portion of the obtained funds were invested this way. Further, ASIC said between 14 July 2016 and 23 December 2019, Naseeruddin also dishonestly used his position as a director of Secure Investments to ...

eToro sued by ASIC

ANDREW MCKEAN  |  THURSDAY, 3 AUG 2023
... AUS and no material impact on eToro's global business." "These proceedings relate to the time period 5 October 2021 to 29 July 2023. eToro AUS is now operating with a revised target market determination in place for CFDs." ASIC considers that eToro's ...

Mortgage holders, retailers relax after rate pause

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
... bonanza for the banks, which have increased their lending rates astronomically despite the RBA's pauses. A stable cash rate in July didn't stop the nation's biggest lenders from lifting their fixed and variable home loan rates, Mortgage Choice chief ...

RBA sustains cash rate at 4.1%

KARREN VERGARA  |  TUESDAY, 1 AUG 2023
... productivity growth picks up." Australia followed the herd of other developed countries that hiked their base rates in June and July. The US, with inflation floating at 3%, raised its cash rate by 0.25% to a target range of 5.25%-5.50%. To suppress its ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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