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Showing 831 - 840 of 16733 results for "The Australian"

Super balances drive household wealth growth

ELIZA BAVIN  |  THURSDAY, 19 DEC 2024
... wealth rose for the eighth consecutive quarter, up 2.4% or $401 billion in the September quarter 2024, according to the Australian Bureau of Statistics (ABS). Total household wealth was $16.9 trillion in the September quarter, which was 9.9% ($1.5 trillion) ...

BNP Paribas secures Insignia mandate

ELIZA BAVIN  |  TUESDAY, 17 DEC 2024
... Insignia, which holds $319.6 billion funds under management and administration, further strengthens its position in the Australian market. BNP said Insignia will benefit from its suite of integrated solutions and multi-local expertise of the BNP Paribas ...

Chalmers unveils new-look RBA boards

ELIZA BAVIN  |  MONDAY, 16 DEC 2024
... banking and funds management. She recently served as chief executive of Bendigo and Adelaide Bank and deputy chair of the Australian Banking Association. "She will bring a deep understanding of Australia's financial system and an important regional ...

Hostplus' AFCA complaint response times lag

ELIZA BAVIN  |  MONDAY, 16 DEC 2024
... won't be the last." The report outlined the fund's response times to complaints made directly to it and through the Australian Financial Complaints Authority (AFCA) amongst other things. The average number of days to resolve a complaint lodged with AFCA ...

ETF industry scales to new heights: VanEck

ANDREW MCKEAN  |  FRIDAY, 13 DEC 2024
According to the VanEck ETF Industry Pulse for November 2024, the Australian ETF industry reached a record $243 billion in funds under management, bringing it closer to $250 billion. This represents a 4.5% increase from October and a 42.5% rise from ...

Crypto operator to fork out millions after court ruling

ANDREW MCKEAN  |  FRIDAY, 13 DEC 2024
... crypto investors and businesses," the spokesperson said. "We believe these rulings significantly hamper growth in the Australian economy." The spokesperson, however, added that Kraken looks forward to engaging constructively with policymakers and regulators ...

Bain Capital bids for Insignia Financial

KARREN VERGARA  |  FRIDAY, 13 DEC 2024
... would, if entered into by Insignia Financial, be subject to the approval of the Foreign Investment Review Board and the Australian Prudential Regulation Authority." The proposal is subject to several conditions, including satisfactory completion of due ...

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 ...

Super moves: Future Fund, Aware Super

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
... Infrastructure Holdings execution associate Kate Hundleby has Aware Super as an investment analyst. Hundleby worked for the Australian arm of the London-based infrastructure group. Before that, she spent three years at JP Morgan as a markets business ...

Wellington client exec departs

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
... decades. Charles Davies has retired from the $1.2 trillion investment manager where he was a relationship manager in the Australian client group. Davies will be replaced by Ronan King who currently works in the Singapore office as a regional business ...