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| | | ... switched into more complex, higher cost products," SMC chief executive Misha Schubert said. However, FSC data showed the average balance of newly established platform accounts is over $349,500, with an average age of 59 at the time of switching. It found ... |
| | | | ... NTA minimum to $200,000, and the $500,000 NTA minimum to $700,000. In addition, the $5 million cap that applies to the average value of fund assets limb of the concessional NTA requirement would rise to $6.9 million, and the $10 million NTA minimum would ... |
| | | | ... in the first half of 2025, global equity active funds lost ground in the second half. These funds had an asset-weighted average return of 9.6% versus the 13.3% gain in the S&P World Index (AUD). Over longer timeframes, underperformance rates exceeded ... |
| | | | ... told the interview. However, a new Macquarie University study shows that petrol prices have jumped 50 cents a litre on average across Australia since the start of the Iran war. The country currently has 36 days of petrol supply, 29 days of jet fuel ... |
| | | | ... maturely over the past year. Unemployment is close to historic lows and compares very favourably internationally, and average levels of wealth and income in the economy are pretty good by international comparisons. But we have a problem with inflation. ... |
| | | | Self-managed super funds (SMSFs) outperform APRA-regulated funds by about 1.1% on average, according to new analysis. Insights from Adelaide University show that in the five years to 30 June 2024, SMSFs' returns averaged 1.1% higher than APRA-regulated ... |
| | | | ... AustralianSuper has a gender pay gap of 14.6% and 52% of its workforce is women. Since 2019, the super fund has slashed its average gender pay gap from 31% to 14.6%. "It's a good start, but there's more that needs to be done," Dean said. "Our ... |
| | | | ... established companies and takes first lien positions. These are generally floating-rate loans with a relatively short average investment life. With US$25.6 billion in assets at the end of January, 93% of HLEND's portfolio comprised private investments. ... |
| | | | ... $3 trillion for eligible homeowners (aged 60 and over) and types (location, type of dwelling, and property value). The average amount of equity accessed by households with a reverse mortgage in the period was $150,000, and this amount increased for older ... |
| | | | ... shareholders." The investment management division reported record net revenues for the full year of US$6.5 billion on higher average assets under management. The past year took in long-term net inflows of US$34 billion. The firm repurchased US$1.5 billion ... |
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