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Showing 61 - 70 of 1129 results for "Gross"

Super balances drive household wealth growth

ELIZA BAVIN  |  THURSDAY, 19 DEC 2024
... 3.7% ($61.5 billion) in the September quarter, which reflected a higher household saving ratio. Additionally, growth in gross disposable income, driven by an increase in income received by households and the introduction of stage 3 tax cuts, outpaced ...

Chalmers defends budget deficits in MYEFO

ELIZA BAVIN  |  WEDNESDAY, 18 DEC 2024
... context, most of the OECD has had a negative quarter of growth - we have escaped a negative quarter of growth to date. Our gross debt position is a fraction of what we see in comparable countries and our budget improvement since 2021 has been much faster ...

Dexus terminates Core Property Fund

JAMIE WILLIAMSON  |  WEDNESDAY, 11 DEC 2024
... Portfolio (70%) and the Dexus Wholesale Shopping Centre Fund (28%). It was incepted in April 2006 and had about $216 million in gross assets as at October end. Since inception, it's returned 4.8% net of fees. Last month, Dexus also terminated its ...

GDP grows but still slow: 'Confirms our worst fears'

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
Australian gross domestic product (GDP) rose 0.3% in the September quarter 2024 and by 0.8% since September 2023, according to figures released by the Australian Bureau of Statistics (ABS). "The Australian economy grew for the 12th quarter in a row ...

Macquarie offloads airports in $3bn deal

ELIZA BAVIN  |  THURSDAY, 14 NOV 2024
... more than 10.8 million passengers annually, Macquarie said. They contribute approximately $3.91 billion (£2 billion) in gross value to the UK economy per year and support more than 30,000 jobs. AGS Airports was established as a 50:50 joint-venture between ...

Australia a top destination for international investment: QIC

ELIZA BAVIN  |  MONDAY, 28 OCT 2024
... by its net foreign debt position, which sits at 32% of GDP. This offsets a favourable public sector debt position where gross government debt is just 55% of GDP, which is significantly lower than the global average of 85%," Peter said. "Clearly, Australia's ...

Praemium FUA up 33% to $60bn

ELIZA BAVIN  |  TUESDAY, 22 OCT 2024
... The Praemium separately managed accounts (SMA) scheme achieved quarterly net inflows of $165 million. The strong level of gross inflows was assisted by a return to conventional lower seasonal outflows post tax year end. The acquisition of OneVue saw ...

GDG records highest quarterly FUM, inflows growth

MATTHEW WAI  |  MONDAY, 21 OCT 2024
... FUM is up 33% - close to $1 billion - on the prior corresponding period. It saw FUM growth of $288 million in the quarter. Gross inflows were up by 40% - sales inflows reached a milestone of $209 million, while net inflows of the quarter garnered $159 ...

Harris vs Trump: Key economic policy differences

ELIZA BAVIN  |  TUESDAY, 15 OCT 2024
... debt over coming years," he said. "This is a major concern given that US government debt is estimated to be circa 120% of gross domestic product. So, the US is already a high debt country that is dependent on both domestic and foreign investors."

Wholesale investor test changes on ice: Parliamentary committee

KARREN VERGARA  |  FRIDAY, 4 OCT 2024
... assets of $500,000-plus. The other is the individual wealth test in which investors have either net assets of $2.5 million or gross income of $250,000 per annum for the last two years as verified by a professional accountant's certificate. The Financial ...