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ETFs preferred vehicles for Aussie, US advisers: Surveys

KARREN VERGARA  |  MONDAY, 30 SEP 2024
... Advisers are also steadily looking to active ETFs as 58% intend to increase their allocation to these strategies over the next 12 months - the highest for any vehicle surveyed in the study. In the same vein as Australian financial advisers, cost advantages ...

Limiting negative gearing could add $2bn in annual revenue

ELIZA BAVIN  |  MONDAY, 30 SEP 2024
... Treasurer Jim Chalmers has said the Labor government wouldn't be making any changes to negative gearing rules before the next election. "When it comes to negative gearing changes, it is not unusual at all for governments or for treasurers to get advice ...

Colonial First State hires PE head, farewells sales exec

ELIZABETH FRY  |  FRIDAY, 27 SEP 2024
... set to acquire the corporate trust and wealth divisions of ASX-listed Perpetual in a $2 billion deal set to be finalised next year. An executive director when he left, Walker spent the last eight years leading sales, specialising in product distribution ...

Australians living through protracted period of economic misery: CEDA

ANDREW MCKEAN  |  TUESDAY, 24 SEP 2024
... slowing economic activity, most forecasts suggest that inflation, the "worst-behaved element" of the index should ease over the next year. He added, however, that the index has its limitations, as inflation, interest rates, and unemployment affect different ...

ART, Perennial back debt collection fintech

MATTHEW WAI  |  TUESDAY, 24 SEP 2024
... global, I'm incredibly proud that this raise consists almost exclusively of Australian capital to accelerate InDebted into the next chapter," Foreman added. "We're thrilled to have the support of Airtree, one of Australia's largest and most renowned ...

Super for housing debate heats up

ANDREW MCKEAN  |  MONDAY, 23 SEP 2024
... it would fundamentally undermine the objective of the superannuation scheme. "If house prices do continue rising over the next 30 years at a faster rate than superannuation assets, then the housing affordability problem is going to get worse..."

Global X hires new chief executive

KARREN VERGARA  |  MONDAY, 23 SEP 2024
... Hyeon-Joo Park said Zaika's extensive experience and strategic vision position him as an ideal leader to drive Global X's next phase of growth. "We are confident that under his leadership, Global X will continue to deliver innovative and tailored ...

Powerhouse Ventures to acquire Aliwa

KARREN VERGARA  |  FRIDAY, 20 SEP 2024
... property, mainly those in the science and engineering fields. Its focus sectors are electrification and decarbonisation, next-generation computing, space technologies, and healthcare and wellness. Powerhouse executive chair James Kruger said: "To expand ...

More financially secure women seek advice: Survey

KARREN VERGARA  |  FRIDAY, 20 SEP 2024
... client, where they're at in their understanding, we'll be guided by them in terms of understanding and navigating the next steps. Because we know that education is important to empowerment, confidence, and understanding," she said. JBWere and ...

Court freezes assets of company director

ANDREW MCKEAN  |  FRIDAY, 20 SEP 2024
... preservation and travel restraint orders on September 11, and these were extended earlier this week. The matter is scheduled for its next hearing on September 27.