-
Sort By
-
Newest
-
Newest
-
Oldest
Clients who have put off establishing a self-managed super fund due to the assumed high costs may be put at ease after the Australian Taxation Office released the median cost of an SMSF which is significantly lower than earlier reported figures. The ATO’s 2017-18 Statistical Overview of SMSFs shows the median operating expense of SMSFs…
The $85 billion industry fund for the higher education and research sector has finally filled the position of chief risk officer with the appointment of Andrew Raftis after Ruby Yadav resigned in December 2019. Raftis has over 20 years in compliance roles internationally including chief risk officer at AXA Asia Pacific, chief internal auditor of…
A lot of us spend an inordinate amount of time reading through erudite commentators on anything related to markets. ‘Stay informed’ is a common headline logo. Does this collective wisdom improve investment decisions? The current equity rally has a fountain of opinion on why and what it means. Wordplay is part of the fun: FOMA,…
In in a sign of how fragile this market recovery may be, global markets swung between gains and losses of 1% after White House Trade Adviser Peter Navarro initially suggested the trade deal with China was ‘over’. This was only to be retracted by President Trump minutes later via Twitter.
Another day, another global technology rally sending markets higher. The S&P 500 and Dow Jones both improved 0.6% but it was the NASDAQ driving market returns improving 1.1% as both Adobe Inc. (NASDAQ:ADBE) and Amazon Inc. (NASDAQ:AMZN) hit new all-time highs.
A record result for retail sales albeit off a low base, up 16.3% in May, triggered another strong rally in the ASX 200 (ASX:XJO), though it wasn’t enough to offset the threat of more shutdowns with the market finishing up just 0.1% for the day and 1.6% for the week
Global markets continued their recent trend, forgiving recent COVID-19 outbreak spikes and poor unemployment to finish slightly down on yesterday.
The US market ended its winning streak overnight, with the Dow Jones (IND:DJI) retreating 0.6%, the S&P 500 (IND:SPX) -0.4%, with the NASDAQ (NASDAQ:NDAQ) once again immune from any weakness, adding 0.1%.
One of the bugbears of the Australian capital market has been that the country has struggled to develop a meaningful corporate bond market: we’ve really only had one for five years, and the non-financial side of it is still pretty small, at about $50 billion. But like many things that Australia wants, or need, we…
Great debates on longer term economic trends and the impact on financial markets are often a go-to conversation with investors. Few call up to ask what is the discount rate or cash flow yield, but many have opinions on issue such as debt and globalisation. The latter is a tough topic as globalisation is a…
Former Commonwealth Bank executive Adam Bennett has been appointed as Suncorp’s chief information officer. He was previously at Commonwealth Bank for over 15 years and was most recently group executive business and private banking, executive general manager of local business banking and chief information officer for the bank’s retail and business banking divisions. He will…
A new take on environmental, social and governance (ESG) investing has emerged with the launch of a fund tackling sustainable opportunities in the water and waste management sectors. Fidelity International recently launched the Fidelity Sustainable Water and Waste Fund in Australia. In what is an under-researched sector, the fund seeks to deliver strong risk-adjusted returns…