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Showing 71 - 80 of 1134 results for "Gross"

Australia a top destination for international investment: QIC

ELIZA BAVIN  |  MONDAY, 28 OCT 2024
... by its net foreign debt position, which sits at 32% of GDP. This offsets a favourable public sector debt position where gross government debt is just 55% of GDP, which is significantly lower than the global average of 85%," Peter said. "Clearly, Australia's ...

Praemium FUA up 33% to $60bn

ELIZA BAVIN  |  TUESDAY, 22 OCT 2024
... The Praemium separately managed accounts (SMA) scheme achieved quarterly net inflows of $165 million. The strong level of gross inflows was assisted by a return to conventional lower seasonal outflows post tax year end. The acquisition of OneVue saw ...

GDG records highest quarterly FUM, inflows growth

MATTHEW WAI  |  MONDAY, 21 OCT 2024
... FUM is up 33% - close to $1 billion - on the prior corresponding period. It saw FUM growth of $288 million in the quarter. Gross inflows were up by 40% - sales inflows reached a milestone of $209 million, while net inflows of the quarter garnered $159 ...

Harris vs Trump: Key economic policy differences

ELIZA BAVIN  |  TUESDAY, 15 OCT 2024
... debt over coming years," he said. "This is a major concern given that US government debt is estimated to be circa 120% of gross domestic product. So, the US is already a high debt country that is dependent on both domestic and foreign investors."

Wholesale investor test changes on ice: Parliamentary committee

KARREN VERGARA  |  FRIDAY, 4 OCT 2024
... assets of $500,000-plus. The other is the individual wealth test in which investors have either net assets of $2.5 million or gross income of $250,000 per annum for the last two years as verified by a professional accountant's certificate. The Financial ...

Schroders launches high yield credit strategy

MATTHEW WAI  |  FRIDAY, 27 SEP 2024
... term deposits but with lower volatility than equities," Mason added. "This has been reflected in the strong 11.01% p.a. (gross of fees) return, 6.70% above the cash rate, the fund has delivered over a one-year period, whilst also maintaining consistent ...

Elanor shakes up leadership, sells down fund

KARREN VERGARA  |  TUESDAY, 10 SEP 2024
... Commercial Property Fund (ASX: ECF) to the Lederer Group for nearly $24 million, valuing each share at $0.60. ECF had a gross asset value of $493 million at the end of June 2023. Proceeds from the sale will be used for working capital and to reduce debts ...

Aussie economy grows 0.2% in June quarter

ELIZA BAVIN  |  WEDNESDAY, 4 SEP 2024
Australian gross domestic product (GDP) rose just 0.2% in the June quarter 2024 and by 1.5% in the 2023-24 financial year, according to the Australian Bureau of Statistics (ABS). ABS head of national accounts Katherine Keenan said: "The Australian economy ...

Former adviser cops 12 years' imprisonment

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... of fraud amounting to $5,958,870 in losses for former clients. Judge Moynihan said Jayaweera's conduct was "brazen, gross, and callous" and that his actions "were not only criminal but evil, demonstrating no remorse". Judge Moynihan found evidence ...

Regulators given new powers to protect financial markets in crises

ANDREW MCKEAN  |  FRIDAY, 23 AUG 2024
... defined as those meeting at least two of the following criteria: consolidated revenue exceeding $500 million, consolidated gross assets values over $1 billion at the end of a financial year, or more than 500 employees. These requirements will take effect ...