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Showing 71 - 80 of 1885 results for margin

Senate Committee rethinks franking credit changes

ANDREW MCKEAN  |  TUESDAY, 6 JUN 2023
The Senate Economics Legislation Committee has urged the government to review laws that would impact franked dividends funded by capital raisings. In February, the government tabled the Treasury Laws Amendment (2023 Measures No.1) Bill 2023 which among ...

Vanguard fined for defective account statements

KARREN VERGARA  |  MONDAY, 5 JUN 2023
... 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 as paying down margin debt or purchasing a security on margin-as market appreciation ...

ASIC issues first-of-its-kind stop order

CASSANDRA BALDINI  |  MONDAY, 5 JUN 2023
... contracts for difference (CFD). The stop order prevents the broker from opening trading accounts or dealing in CFDs or margin foreign exchange contracts (margin FX) to retail investors. ASIC said the action is its first in response to a contravention ...

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

CHLOE WALKER  |  WEDNESDAY, 31 MAY 2023
... further work to be done in improving public finances in the country, "we didn't make them worse." And maybe at the margin, he said, "we made them better."

Young, millionaire investors challenge stereotypes: Data

CASSANDRA BALDINI  |  THURSDAY, 18 MAY 2023
New research shows young investors are buying and holdings stocks more than their older counterparts, despite the current environment. During the quarter, ending March 31, younger investors were the highest adopters of a buy-and-hold strategy compared ...

Family offices maintain a steady course: Goldman Sachs

CHLOE WALKER  |  WEDNESDAY, 10 MAY 2023
... conditions and the pipeline of future capital calls," the report said. "While many family offices likely have access to margin leverage, 42% indicated that they do not utilise leverage in their investing portfolios."

How this budget was built

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
To understand how the 2023-24 federal budget was built, you need to understand its 2022-23 foundations because just five taxes accounted for 97% of all taxation revenue and just six programs accounted for 71% of all expenditures, with the biggest two ...

Mercer scoops up third BT business unit

KARREN VERGARA  |  MONDAY, 8 MAY 2023
... personal and corporate superannuation funds and the sale of Advance Asset Management to Mercer. Platforms, Westpac Pacific, margin lending and auto finance business currently remain. Specialist Businesses' net profit rose a whopping 273% to $493 ...

Citi names local chief executive

CHLOE WALKER  |  THURSDAY, 27 APR 2023
Citi has promoted interim country officer Mark Woodruff to the role of chief executive, Australia and head of Citi's Australia and New Zealand cluster. Woodruff, who has been with the bank for 20 years, has also previously served as head of markets ...

Insignia reports advice outflows, adviser losses

JAMIE WILLIAMSON  |  WEDNESDAY, 26 APR 2023
Insignia Financial will undertake a rebrand of sorts within its financial advice business in a bid to improve understanding of its various advice channels. It comes as it reports nearly $500 million in outflows for the Advised channel and further adviser ...