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Showing 61 - 70 of 301 results for %22Andrew Day%22

Superannuation not a super solution to housing affordability

ANDREW MCKEAN  |  TUESDAY, 17 MAY 2022
... incentives are effective at driving demand." Although the proposed super homebuyer scheme will be controversial, at the end of the day, it's people's money and they should be allowed to use it as they see fit, he finished. Of a similar conviction, besieged ...

We knew people would leave the advice industry: Hume

ANDREW MCKEAN  |  FRIDAY, 13 MAY 2022
... services were promoted. At the same time, she acknowledged people have been offering free "financial advice" or for forever and a day. "I think most Australians are sensible enough to distinguish between financial advice and a trip from a stranger," ...

First crypto ETFs launch on Cboe Australia

ANDREW MCKEAN  |  THURSDAY, 12 MAY 2022
... technological capabilities to enhance the Australian market." ETF Securities chair Graham Tuckwell added that today is an exciting day for his team as EBTC and EETH were true firsts for Australia. Tuckwell said: "The market capitalisation and trading ...

ETF Securities to win Australian crypto ETF race

ANDREW MCKEAN  |  TUESDAY, 10 MAY 2022
ETF Securities is claiming to have won the race to launch Australia's first bitcoin and ether ETFs. Cosmos Asset Management, 3iQ and other companies have jockeyed with ETF Securities to list first, but the latter has said it's ended the multi-year contest ...

US Federal Reserve enacts biggest rate hike in 22 years

ANDREW MCKEAN  |  THURSDAY, 5 MAY 2022
... After an initially mixed session, following Powell's speech the S&P 500 finished up 124.69 points (2.99%), the index's best day in over a month. Weighing up the Fed verdict, GSFM investment strategist Stephen Miller said: "While the financial market's ...

Reserve Bank fallout after hawkish pivot

ANDREW MCKEAN  |  WEDNESDAY, 4 MAY 2022
Yesterday, the Reserve Bank of Australia surprised markets by lifting the cash rate target for the first time in over a decade. The decision to raise rates 25 basis points to 0.35% came as the RBA sought to withdraw the extraordinary monetary support ...

The transforming role of the trustee

ANDREW MCKEAN  |  FRIDAY, 29 APR 2022
At the ASFA Conference, HESTA chair Nicola Roxon shared her strong conviction about the role representative trustees have at industry funds. "I think you get incredible insight from these people who are very close to our 400,000 members," she said. ...

HESTA confirms bid for Ramsay Health Care

ANDREW MCKEAN  |  THURSDAY, 21 APR 2022
... at the heart of its business, driven by dedicated healthcare professionals who deliver outstanding patient outcomes every day. They are vital to the ongoing success of Ramsay and are at the forefront of the Consortium's shared vision for expansion and ...

'No easy answer' to ESG disclosures by super fund trustees

ANDREW MCKEAN  |  THURSDAY, 21 APR 2022
In line with heightened public attention to the challenges of climate change, patterns of ESG disclosure by superannuation fund trustees have had to evolve. A Herbert Smith Freehills report claimed Australian superannuation fund members were more interested ...

Australia's first-ever Bitcoin ETF to launch next week

ANDREW MCKEAN  |  WEDNESDAY, 20 APR 2022
... one-year anniversary since its official launch in Toronto; it currently has US$1.6 billion of assets under management (AUM). A day after its one-year anniversary, Cosmos Asset Management announced a joint venture partnership with Purpose Investments. ...