Climate threatens energy security: ESB
[ad_1] In 2019 about 16 percent of the electricity consumed is generated by wind and solar photovoltaics. By 2030 The Energy Security Council estimates that renewables will account for 40 percent of electricity use, driven by falling technology costs, government…
The inflationary challenge sets the stage for the distribution of gold
[ad_1] Recent inflation data, combined with the Reserve Bank of Australia’s (RBA) repeated sentiments about keeping interest rates higher for longer, could see gold emerge as a “strategic component” in Australian portfolios, according to Ray Jia, senior research analyst at…
BOQ unveils five-year strategy
[ad_1] BOQ’s new strategy is built on five pillars, chief among which is a digital transformation dependent on the deployment of digital and cloud-based technologies that will see it have “all the strengths of an established bank, with the digital…
NAB earnings down slightly, focus on $400 million in productivity savings
[ad_1] NAB reported unaudited cash revenue of $1.75 billion for the third quarter of the 2024 financial year. In a statement to the ASX on Friday, it said cash earnings were down 0.2 per cent on the first half of…
The timetable for refunding the fees is still unclear
[ad_1] Toll’s global freight forwarding platform is now operational and moves international air and ocean freight shipments, but the company has not returned full functionality to its MyToll portal, which allows customers to book pickups, create shipments and shipments, and…
GQG delivers $11.1 billion in net flows amid equity strategy outperformance
[ad_1] GQG Partners reported US$11.1 billion in positive net inflows in the first six months of the year, the global investment boutique confirmed in its half-year results on Thursday. In a report to shareholders, GQG CEO Tim Carver noted that…
The ASX reported a 3.4% drop in profit due to a jump in operating costs
[ad_1] ASX underlying net profit after tax (NPAT) fell 3.4 per cent to $472.2 million for the financial year ending June 30, driven by higher operating costs but partially offset by increased operating revenue and net income from interest. In…
Pro notes “tremendous” value recovery in fixed income
[ad_1] Amid a volatile 18 months for markets, fixed income appears to be in a “really good” position to deliver returns for investors, according to Kelly Wood, head of fixed income at Schroders Australia. “We’ve been waiting for this for…
Banks are playing catch-up on data
[ad_1] Legacy technologies – including siled data and IT infrastructures – are hampering banks’ ability to improve product innovation, with many institutions in “catch-up mode” as they work to improve their customer service offerings. “As we know, retail banking customers…
Dimensional expands local product range with 3 new ETFs
[ad_1] Dimensional Fund Advisors has increased its local offering with three-component funds specifically targeting the long-term premium available from Australian and global value stocks as well as global small caps. The new strategies include Dimensional Australian Value Trust (DAVA), Dimensional…