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Search ResultsShowing 81 - 90 of 100+ results for "Australian"
Vanguard fund hits US$1trn
KANIKA SOOD  |  THURSDAY, 17 DEC 2020
A Vanguard equities fund ended November with $1.3 trillion in total assets, in an unprecedented feat in funds management. The Vanguard Total Stock Market Index Fund has been around since 1992 and follows a passive style of investing, with turnover rate ...
Household wealth hits record high
ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
... Total household wealth increased 1.7% to a record high of $11.35 trillion, according to the latest figures from the Australian Bureau of Statistics (ABS). ABS head of finance and wealth Amanda Seneviratne said the September quarter estimate surpassed ...
Real estate proves resilience: CoreLogic
ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
... While the initial shock of COVID-19 led to a 2.1% decline in national property values between April and September, Australian housing values were 1.1% higher over the year to November following a recovery trend in the last two months. "Housing values ...
ATO backs SMSFs as strong retirement choice
ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
The Australian Taxation Office assistant commissioner said he is focused on ensuring SMSFs remain a strong and credible retirement planning choice for Australians going forward. In an end of year message, assistant commissioner Justin Micale said as ...
RARE Infrastructure rebrands
KARREN VERGARA  |  THURSDAY, 17 DEC 2020
... approach to infrastructure investing remains unchanged. "Asset management continues to be our sole focus, with our Australian investment team delivering authentic active management in the global listed infrastructure space," he said. RARE's funds ...
Active manager winning streak short lived
KARREN VERGARA  |  WEDNESDAY, 16 DEC 2020
... fleeting. The S&P Dow Jones Indices' biannual report found only a small number of outperforming or high-performing Australian fund managers were able to keep the momentum going. The report, Persistence Scorecard, found very few outperformed their ...
Reporting rules for charities relaxed
KANIKA SOOD  |  WEDNESDAY, 16 DEC 2020
... relaxation of reporting thresholds for smaller charities was recommended by a 2018 review of the charity regulator Australian Charities and Not-for-Profits Commission's legislation. It said the regulatory burden on charities should be reduced while retaining ...
Senior appointments at HLB Mann Judd
ELIZA BAVIN  |  WEDNESDAY, 16 DEC 2020
... has made several director appointments in its Adelaide and Sydney offices, including a new tax director in the South Australian firm. Peter Wirtz will take on the position of tax director in Adelaide, an appointment which HLB Mann Judd Australasian Association ...
Redpoint wins $50m mandate
ELIZA BAVIN  |  WEDNESDAY, 16 DEC 2020
Redpoint Investment has won a $50 million socially responsible investing (SRI) mandate within JANA's SRI Australian Share Trust. Redpoint chief executive Max Cappetta said the mandate validates the manager's focus on sustainability and ESG ...
Industry fund sees 252% increase in digital advice use
ELIZABETH MCARTHUR  |  WEDNESDAY, 16 DEC 2020
An industry superannuation fund has seen interactions with its online financial advice tool more than double year-on-year. Rest Online Advice interactions increased by 252% in the 2019/2020 financial year compared to the previous year. In total Rest ...
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