Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 771 - 780 of 10691 results for "May 2"

Unemployment drops below 4%

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
The seasonally adjusted unemployment rate fell by 0.2 percentage points to 3.9% in November, according to the Australian Bureau of Statistics (ABS). "With employment rising by 36,000 people and the number of unemployed decreasing by 27,000 people, the ...

Wellington client exec departs

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
One of the world's largest privately held asset managers has farewelled a senior executive who has been with the firm for two decades. Charles Davies has retired from the $1.2 trillion investment manager where he was a relationship manager in the ...

Venture capital exits expected to grow in 2025: Preqin

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
The venture capital sector saw assets under management (AUM) reach $3.1 trillion in 2024, but the year wasn't without its hurdles, according to research from Preqin. Over the course of 2024, 800 funds raised a total of US$84.8 billion by Q3, compared ...

Active Super transfers members to Challenger

JAMIE WILLIAMSON  |  WEDNESDAY, 11 DEC 2024
Challenger will take over Active Super's Guaranteed Income offering after it was determined transferring these member accounts to Vision Super would not be in their best interests. Active Super has informed members with a Guaranteed Income account ...

RBA 'paves way' for February rate cut

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2024
The Reserve Bank of Australia (RBA) surprised no one by leaving the official cash rate on hold at 4.35% at its final meeting of the year. While this was the ninth consecutive month the central bank has kept the cash rate steady, the decision was met ...

GQG raises $145m for private markets fund

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2024
GQG Partners has announced that its GQG Private Capital Solutions business has closed around $145 million for its initial private capital fund. GQG said the addition of private markets capabilities is an important step in diversifying its sources of ...

Eyes on gaming, Chinese tech in 2025: Orbis

MATTHEW WAI  |  WEDNESDAY, 11 DEC 2024
Orbis Investment is feeling good about its investment in Japanese video game giant Nintendo, believing it's about to defy its historic 'boom-bust' cycle. Speaking to Financial Standard, Orbis Investment head of clients, Australia Eric Marais ...

RBA to meet for final 2024 rate decision

ELIZA BAVIN  |  TUESDAY, 10 DEC 2024
The Reserve Bank of Australia (RBA) will deliver its final interest rate decision today, with a hold predicted by most experts. The RBA has kept rates on hold at 4.35% all year, despite other global central banks having begun a rate cutting cycle. But ...

Investment habits of the generations revealed

ELIZA BAVIN  |  TUESDAY, 10 DEC 2024
New research from Fidelity has outlined the differences between the generations when it comes to investing and risk. The research - which was based on a survey of more than 1000 Australian consumers aged between 18 and 59 - found that financial confidence ...

UniSuper has 'some work to get on with' on cyber front: Chair

JAMIE WILLIAMSON  |  FRIDAY, 6 DEC 2024
UniSuper's leadership team has touched on how the fund is strengthening its operations following the extensive system outage in May this year. Speaking at the UniSuper Annual Members Meeting last night, chief executive Peter Chun thanked the $140 billion ...