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Showing 811 - 820 of 6259 results for "Cash"

Vanguard fined for defective account statements

KARREN VERGARA  |  MONDAY, 5 JUN 2023
... related issues. One issue is statements incorrectly identifying customer deposits as a market value increase instead of a cash deposit for 23,000 account holders. Another bungle wrongly reflected margin credits and debits for 57,000 customers - such ...

Wage increases to offset more rate hikes: Experts

CASSANDRA BALDINI  |  FRIDAY, 2 JUN 2023
... turn, may slow the pace of the decline in inflation," he said. "It makes it less likely that the RBA will be cutting its cash rate any time soon and increases the risk that there may be more hikes needed." Although the decision will aid Australia's ...

Heatmaps drive efficiencies, more consolidation: Cole

CHLOE WALKER  |  FRIDAY, 2 JUN 2023
... members. On the other hand, the smaller funds will be less sustainable because they have the challenges of declining net cash flows and member accounts. Cole said she often discusses this issue with other agencies, particularly with her counterpart at ...

GQ Multifamily platform boost BTR pipeline

CHLOE WALKER  |  THURSDAY, 1 JUN 2023
Gurner and Qualitas-backed GQ build-to-rent (BTR) platform has expanded its pipeline to 3650 apartments in Brisbane and Melbourne, in a bid to deliver "much needed apartment stock" to the market. The news comes after GQ Multifamily announced the closure ...

Inflation rises to 6.8%

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
... that the central bank is confident inflation will come back to around 3% by mid-2025, he attributed the predicted drop to cash rate increases and said, "the strategy is working." Bloxham explained the figures are likely to provide the RBA some "ex-post ...

It's painful, but it's working: Lowe

CHLOE WALKER  |  WEDNESDAY, 31 MAY 2023
Reflecting on the board's decision to increase the cash rate by 25 basis points to 3.85% last month, Reserve Bank of Australia (RBA) governor Philip Lowe says so far, the strategy is working. Lowe told the Senate economics committee this morning that ...

Family office goals at odds with reality: UBS

JAMIE WILLIAMSON  |  WEDNESDAY, 31 MAY 2023
... followed by providing income to family members (55%), diversifying away from the operating business (41%), and investing excess cash from the operating business (33%). As to why this might be the case, one chief executive said: "How easily does your ...

Nanuk launches currency hedged unit class

ANDREW MCKEAN  |  WEDNESDAY, 31 MAY 2023
... primarily involved mitigating direct foreign currency exposure that arises from holding international currency-denominated cash and equity securities. This is typically achieved by entering forward foreign exchange contracts for the fund's major currency ...

Investors flock to conservative ETFs: Podcast

CASSANDRA BALDINI  |  THURSDAY, 25 MAY 2023
... in," he explained. "For the first time, over the last 12 months, more conservative ETFs are seeing much bigger inflows. So, cash ETFs and fixed interest ETFs have seen growth of 46% and 26%." Meanwhile, equities ETFs are seeing almost no growth, he said ...

Income Asset Management buys credit fund

CHLOE WALKER  |  THURSDAY, 25 MAY 2023
... our share more than compensates us for the effort put into the firm and the return of our $1m loan is a heathy injection of cash on top of the cash holding," IAM said. IAM said its clear objective is to build a formidable funds management business across ...