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Showing 841 - 850 of 8106 results for "Total"

Platinum exec pay hit with second strike

KARREN VERGARA  |  WEDNESDAY, 13 NOV 2024
... general meeting (AGM). However, 98% of shareholders voted against a board spill. The board said it has substantially reduced total variable remuneration and redesigned the framework for key executives by 59% compared to the previous financial year as ...

Australian economy 'fundamentally sound': CBA

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... impaired assets were marginally higher at $8.8 billion, around $100 million up on the end of June 2024, representing 0.63% of total committed exposures. This comes as CBA also released its Household Spending Insights (HSI) Index which showed an increase ...

Outdated super rule costs teens $10k at retirement

MATTHEW WAI  |  TUESDAY, 12 NOV 2024
... about 505,000 teenage workers are denied Superannuation Guarantee contributions, which equates to about $368 million in total super contributions a year. Under current legislation, workers under the age of 18 are denied compulsory Superannuation Guarantee ...

Systemic issues impact 20k consumers: AFCA

MATTHEW WAI  |  MONDAY, 11 NOV 2024
The Australian Financial Complaints Authority (AFCA) revealed some of the most common systemic issues it saw in the second half of FY24, including continued non-compliance with the Protecting Your Super regime. According to the Systemic Issues Insights ...

Invesco Advisers pays $26m over false ESG claims

JAMIE WILLIAMSON  |  MONDAY, 11 NOV 2024
... by the Securities and Exchange Commission (SEC) after it was found to have misled investors as to what proportion of its total assets were invested according to ESG principles. Invesco Advisers was charged with willfully violating the Investment Advisers ...

HESTA red flags MinRes for governance failures

ANDREW MCKEAN  |  FRIDAY, 8 NOV 2024
HESTA chief executive Debby Blakey has said the super fund has been engaging directly with MinRes regarding its recent governance failures and "remains disappointed" with the company's responses. "Our concerns include that the managing director's ...

ANZ profit slides, cuts dividend

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
... we reported our second strongest revenue performance ever and a full-year cash profit of $6.7 billion, helping deliver a total return of 27% for shareholders," Elliott said. "This was also a pivotal year for the group given the successful acquisition ...

NAB profits, earnings slide

MATTHEW WAI  |  THURSDAY, 7 NOV 2024
National Australia Bank (NAB) reported lower net profit and cash earnings in FY24, down 6.1% and 8.1% respectively, but recorded its highest dividend payouts of the past five years. Shareholders received a final dividend of $0.85, which takes the full ...

Betashares launches ethical fixed income ETF

MATTHEW WAI  |  THURSDAY, 7 NOV 2024
... Betashares highlighted the boom in ethical themed ETFs seen in 2023. At the time it said momentum was likely to continue. Total FUM in ethical ETFs soared 24% in the year, and by the end of 2023, ethical, responsible and sustainability themed ETFs held ...

Most influential financial advisers revealed in FS Power50

ANDREW MCKEAN  |  MONDAY, 4 NOV 2024
... advisers and the other half from groups with more than 50. Meanwhile, the list welcomed 15 first-time honorees, bringing the total alumni count to 267. The newcomers include: Family Wealth Advisory founder and managing director Michael Bova UniSuper ...