Industry Report Cyber Security – Australia
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Inception 9 February 2005 Investment Universe ASX Listed No. Of
The Quest Australian Equities Concentrated Inception 9 February 2005 Portfolio is a Separately Managed Account (SMA), Investment Universe ASX listed actively managed by Quest Asset Partners Pty Limited. The objective is to return 4% p.a. over the No. of holdings Maximum of 35 S&P/ASX300 Accumulation Index (pre fees). SMA’s Quest AUM $747 million are professionally managed portfolios where the investor retains beneficial ownership of the Strategy AUM $58 million underlying securities. Investment Horizon 3 – 5 years Investment Strategy Fundamental with a key focus on business quality and free cash flow The Quest portfolio was slightly positive for the month which Derivatives/Shorting Nil was 85bp ahead of the market which fell 0.8% in January. Lonsec Rating Reviewed and rated by January delivered a quieter holiday market but a jolt of reality Lonsec as Trump policy moved from theory to active. The Australian market eased less than a percent with Resources, Healthcare and Materials firm while Banks, REITS and Industrials fell. The market was both subdued and also cautious given the $330 burst of optimism in December post the US election. The new Trump administration is now in full flight and causing tremors thanks to a divisive combination of hurried executive orders, a $280 combatant approach to media, simplistic rationale and an authoritative attitude to international diplomacy. Despite that the global markets are still hoping for $230 infrastructure spending, more growth, tax cuts, rising inflation and less regulation. Investors are hopeful while being a little $180 nervous at the same time. Calendar 2016 is only the second time in 12 years that Quest has lagged the market over a calendar year. -
The State of the Deal and Deloitte Queensland Index
The State of the Deal and Deloitte Queensland Index March 2021 – Queensland Index Exceeds $100 billion THE STATE OF THE DEAL | March 2021 – Queensland Index Exceeds $100 billion Contents Executive Summary 1 Then & Now – Investment Landscape 3 Then & Now – Deloitte Queensland Index 4 Queensland Economic Update 7 The Deloitte Queensland Index Q1 2021 8 Contacts 11 Sources 12 ii THE STATE OF THE DEAL | March 2021 – Queensland Index Exceeds $100 billion Executive Summary Following the significant rebound in the second half of 2020, companies in the Deloitte Queensland Index exceeded $100 billion at 31 March 2021, the highest month end market capitalisation on record for the State. Deloitte Queensland Index S&P/ASX All Ordinaries Companies in the Deloitte return in Q1 2021 return in Q1 2021 Queensland Index 3.5% 2.4% 169 at 31 March 2021 10.6% in Q4 2020 14.0% in Q4 2020 173 at 31 December 2020 90 companies increased Market capitalisation as at Mar-21 market capitalisation (53%) 66 companies decreased market $101.6b capitalisation (39%) 12 no movement (7%) $97.2b as at Dec-20 $18.5b as at Sep-02 5 delistings 1 listing (1%) Announced QLD M&A Disclosed value of announced transactions in Q1 2021 QLD M&A transactions in Q1 2021 64 $1.9b 92 in Q4 2020 $3.3b in Q4 2020 1 THE STATE OF THE DEAL | March 2021 – Queensland Index Exceeds $100 billion The Deloitte Queensland Index increased by 3.5% in Q1 2021 Queensland M&A more broadly remains strong with with total market capitalisation increasing to $101.6b at 64 transactions announced in Q1 2021 including: Mar-21, the highest month end value on record for the State. -
Socially Conscious Australian Equity Holdings
Socially Conscious Australian Equity Holdings As at 30 June 2021 Country of Company domicile Weight COMMONWEALTH BANK OF AUSTRALIA AUSTRALIA 10.56% CSL LTD AUSTRALIA 8.46% AUST AND NZ BANKING GROUP AUSTRALIA 5.68% NATIONAL AUSTRALIA BANK LTD AUSTRALIA 5.32% WESTPAC BANKING CORP AUSTRALIA 5.08% TELSTRA CORP LTD AUSTRALIA 3.31% WOOLWORTHS GROUP LTD AUSTRALIA 2.93% FORTESCUE METALS GROUP LTD AUSTRALIA 2.80% TRANSURBAN GROUP AUSTRALIA 2.55% GOODMAN GROUP AUSTRALIA 2.34% WESFARMERS LTD AUSTRALIA 2.29% BRAMBLES LTD AUSTRALIA 1.85% COLES GROUP LTD AUSTRALIA 1.80% SUNCORP GROUP LTD AUSTRALIA 1.62% MACQUARIE GROUP LTD AUSTRALIA 1.54% JAMES HARDIE INDUSTRIES IRELAND 1.51% NEWCREST MINING LTD AUSTRALIA 1.45% SONIC HEALTHCARE LTD AUSTRALIA 1.44% MIRVAC GROUP AUSTRALIA 1.43% MAGELLAN FINANCIAL GROUP LTD AUSTRALIA 1.13% STOCKLAND AUSTRALIA 1.11% DEXUS AUSTRALIA 1.11% COMPUTERSHARE LTD AUSTRALIA 1.09% AMCOR PLC AUSTRALIA 1.02% ILUKA RESOURCES LTD AUSTRALIA 1.01% XERO LTD NEW ZEALAND 0.97% WISETECH GLOBAL LTD AUSTRALIA 0.92% SEEK LTD AUSTRALIA 0.88% SYDNEY AIRPORT AUSTRALIA 0.83% NINE ENTERTAINMENT CO HOLDINGS LIMITED AUSTRALIA 0.82% EAGERS AUTOMOTIVE LTD AUSTRALIA 0.82% RELIANCE WORLDWIDE CORP LTD UNITED STATES 0.80% SANDFIRE RESOURCES LTD AUSTRALIA 0.79% AFTERPAY LTD AUSTRALIA 0.79% CHARTER HALL GROUP AUSTRALIA 0.79% SCENTRE GROUP AUSTRALIA 0.79% ORORA LTD AUSTRALIA 0.75% ANSELL LTD AUSTRALIA 0.75% OZ MINERALS LTD AUSTRALIA 0.74% IGO LTD AUSTRALIA 0.71% GPT GROUP AUSTRALIA 0.69% Issued by Aware Super Pty Ltd (ABN 11 118 202 672, AFSL 293340) the trustee of Aware Super (ABN 53 226 460 365). -
Ellerston Global Equity Managers Fund PERFORMANCE REPORT January 2018
Ellerston Global Equity Managers Fund PERFORMANCE REPORT January 2018 Fund performance^ Investment Objective 1 3 1 3 Yr 5 Yr Strategy Since Month Months Yr p.a p.a Inception p.a The investment objective is to generate superior returns for Unitholders with a focus on risk and capital preservation. GEMS A Net 0.95% 11.13% 22.51% 20.46% 17.51% 13.90% GEMS B Net 0.95% 11.13% 22.51% 20.45% 17.33% 13.72% Investment Strategy Global long/short equity Overlays fundamental stock selection with macroeconomic outlook Bias toward Australia Commentary In January, equity markets continued their upward charge, taking their lead from the US. The Dow Jones and S&P 500 drove the rally in developed equity markets, delivering their tenth consecutive month of positive returns, maintaining their stellar performances and hitting new record high levels as the month Key Information progressed. The major Eurozone and Asian equity markets were all in positive territory, buoyed by strong earnings delivered by corporates and positive Strategy Inception 1 January economic outlooks reinforced by central bankers, politicians and business Date 2002 leaders at the gathering at Davos. However, the month ended with markets trading off their intra-month highs, as US bond yields backed up sharply, Fund Net Asset A$195.6M Value signalling inflationary concerns and potentially highlighting stretched equity valuations. Liquidity Quarterly USA: Equity markets in the US continued their explosive rally, with the broader Class A Redemption A$ 1.7548 S&P 500 index logging its strongest start to a year since 1987. -
FTSE World Asia Pacific
2 FTSE Russell Publications 19 August 2021 FTSE World Asia Pacific Indicative Index Weight Data as at Closing on 30 June 2021 Index weight Index weight Index weight Constituent Country Constituent Country Constituent Country (%) (%) (%) a2 Milk 0.04 NEW Asustek Computer Inc 0.1 TAIWAN Cheil Worldwide 0.02 KOREA ZEALAND ASX 0.12 AUSTRALIA Cheng Shin Rubber Industry 0.03 TAIWAN AAC Technologies Holdings 0.05 HONG KONG Atlas Arteria 0.05 AUSTRALIA Chiba Bank 0.04 JAPAN ABC-Mart 0.02 JAPAN AU Optronics 0.08 TAIWAN Chicony Electronics 0.02 TAIWAN Accton Technology 0.07 TAIWAN Auckland International Airport 0.06 NEW China Airlines 0.02 TAIWAN Acer 0.03 TAIWAN ZEALAND China Development Financial Holdings 0.07 TAIWAN Acom 0.02 JAPAN Aurizon Holdings 0.05 AUSTRALIA China Life Insurance 0.02 TAIWAN Activia Properties 0.03 JAPAN Ausnet Services 0.03 AUSTRALIA China Motor 0.01 TAIWAN ADBRI 0.01 AUSTRALIA Australia & New Zealand Banking Group 0.64 AUSTRALIA China Steel 0.19 TAIWAN Advance Residence Investment 0.05 JAPAN Axiata Group Bhd 0.04 MALAYSIA China Travel International Investment <0.005 HONG KONG ADVANCED INFO SERVICE 0.06 THAILAND Azbil Corp. 0.06 JAPAN Hong Kong Advantech 0.05 TAIWAN B.Grimm Power 0.01 THAILAND Chow Tai Fook Jewellery Group 0.04 HONG KONG Advantest Corp 0.19 JAPAN Bandai Namco Holdings 0.14 JAPAN Chubu Elec Power 0.09 JAPAN Aeon 0.2 JAPAN Bangkok Bank (F) 0.02 THAILAND Chugai Seiyaku 0.27 JAPAN AEON Financial Service 0.01 JAPAN Bangkok Bank PCL (NVDR) 0.01 THAILAND Chugoku Bank 0.01 JAPAN Aeon Mall 0.02 JAPAN Bangkok Dusit Medical Services PCL 0.07 THAILAND Chugoku Electric Power 0.03 JAPAN Afterpay Touch Group 0.21 AUSTRALIA Bangkok Expressway and Metro 0.02 THAILAND Chunghwa Telecom 0.17 TAIWAN AGC 0.08 JAPAN Bangkok Life Assurance PCL 0.01 THAILAND CIMB Group Holdings 0.08 MALAYSIA AGL Energy 0.04 AUSTRALIA Bank of East Asia 0.03 HONG KONG CIMIC Group 0.01 AUSTRALIA AIA Group Ltd. -
Bank of Queensland Submission to RBA: EFTPOS and Visa Debit
Bank of Queensland Submission to RBA EFTPOS and Visa Debit Consultation Document April 2005 Contents 1. Executive Summary 2. EFTPOS Interchange Fees 2.1 The Case for Zero EFTPOS Interchange Fees 2.2 RBA’s Draft EFTPOS Interchange Fee Standard 2.3 Potential Impact of the Reforms on Product Pricing 3. Visa Debit Reforms 3.1 The ‘Honour All Cards’ Rule 3.2 Visa Debit – Transparency 4. EFTPOS Access 5. Conclusion 1. Executive Summary It is a matter of history that the differing reform processes adopted for credit card interchange and for EFTPOS interchange has resulted in the implementation of these reforms becoming “out of step”. All the benefits from the disconnect between these reforms have fallen on the side of the retailers. In designating the EFTPOS system, we believed that the Reserve Bank would move to redress this situation and place the EFTPOS reforms back on track, as such we embraced designation as a positive development. Clearly, the self-regulatory industry EFTPOS reforms were aimed at achieving concurrent interchange fee reform between EFTPOS and Credit Cards but were required to follow an onerous and uncertain regulatory approval process. The uncertainty of the process was highlighted by the Australian Competition Tribunal (ACT) decision in 2004 to overturn the successful Authorisation Application determination made by the Australian Competition and Consumer Commission (ACCC) in relation to Zero EFTPOS Interchange Fees. For the record, Bank of Queensland supports the views expressed by the Reserve Bank1 in the Consultation Document in relation to the ACT findings. Throughout the whole Payments System reform process, the financial services industry has been characterised as being generally opposed to reform, when clearly this has not been the case. -
Portfolio Holdings Disclosure
NGS SUPER PORTFOLIO HOLDINGS DISCLOSURE SHARES PLUS - ACCUMULATION Effective date: 31 DEC 2020 AUSTRALIAN SHARES A2 MILK CO LTD ABACUS PROPERTY GROUP REIT ACCENT GROUP LTD ADAIRS LTD ADBRI LTD AFTERPAY LTD AGL ENERGY LTD AINSWORTH GAME TECHNOLOGY LTD ALACER GOLD CORP ALE PROPERTY GROUP REIT ALS LTD ALTIUM LTD ALUMINA LTD AMA GROUP LTD AMCOR PLC AMP LTD ANSELL LTD APA GROUP STAPLED SECURITY APPEN LTD ARB CORP LTD ARISTOCRAT LEISURE LTD ASALEO CARE LTD ASX LTD ATLAS ARTERIA STAPLED SECURITY AUB GROUP LTD AUCKLAND INTL AIRPORT LTD AURELIA METALS LTD AUSNET SERVICES Issued by NGS Super Pty Limited ABN 46 003 491 487 AFSL No 233 154 the trustee of NGS Super ABN 73 549 180 515 ngssuper.com.au 1300 133 177 NGS SUPER – PORTFOLIO HOLDINGS DISCLOSURE 1 SHARES PLUS - ACCUMULATION Effective date: 31 DEC 2020 AUSSIE BROADBAND AUST AND NZ BANKING GROUP AUSTAL LTD AUSTRALIAN FINANCE GROUP LTD AUSTRALIAN PHARMA INDUS LTD AUSTRALIAN VINTAGE LTD AVENTUS GROUP REIT AVITA MEDICAL INC BABY BUNTING GROUP LTD BANK OF QUEENSLAND LTD BAPCOR LTD BEACH ENERGY LTD BEACON LIGHTING GROUP LTD BEGA CHEESE LTD BENDIGO AND ADELAIDE BANK BHP GROUP LTD BINGO INDUSTRIES LTD BLACKMORES LTD BLUESCOPE STEEL LTD BORAL LTD BRAMBLES LTD BRAVURA SOLUTIONS LTD BREVILLE GROUP LTD BRICKWORKS LTD BWP TRUST REIT CALTEX AUSTRALIA LTD CAPITOL HEALTH LTD CAPRAL LTD CAPRICORN METALS LTD CARDNO LTD CARNARVON PETROLEUM LTD CARSALES.COM LTD CASH CEDAR WOODS PROPERTIES LTD CENTURIA INDUSTRIAL REIT CENTURIA METROPOLITAN REIT CHALLENGER LTD CHAMPION IRON LTD CHARTER HALL GROUP REIT CHARTER HALL -
(ASX100) Women on Boards Analysis
Australia/NZ | Australia Thematic Investing (Citi) Equities 18 August 2011 │ 32 pages ESG: ASX100 Women on Board Analysis Increasing Focus on Board Diversity Women on Boards of ASX100 Companies — The ASX Corporate Governance Council’s new principles and recommendations on diversity commenced on 1 January Elaine Prior 2011. This is likely to lead to increasing focus on companies’ approaches to diversity +61-2-8225-4891 issues, including female representation on company boards. This report looks at data [email protected] on women directors on ASX100 company boards. The number of women directors has Felipe Faria increased, particularly in recent months (Figure 5 to Figure 8). Board diversity may [email protected] enhance effectiveness, by providing a wider range of perspectives and knowledge. Women on Boards Data — We collected and analysed data on female board directors of S&P/ASX100 companies from FY08 to 8 August 2011 (Figure 5 to Figure 9). At 8 August 2011 there were 134 women on ASX100 boards, a 46% increase from FY08. ASX100 companies with no female board directors were AQP, CQO, EGP, FMG, IPL, JHX, LEI, LYC, OSH, PDN, PRY, RHC, RMD, SGM and SWM. Companies with three female directors (the highest number identified) are AMP, BEN, CBA, MQG, QAN, QBE and WBC. Seven female directors each currently hold three ASX100 directorships. Business Case for Gender Diversity — Reibey Institute research found that those ASX500 companies with women directors on 30 June 2010 had a 3-year return on equity (ROE) 10.7% higher than those without any women directors. The 5-year ROE was 11.1% higher. -
Gender Equity: Big Companies Better on Boards, but Below ASX Average on Management Positions
Media Release 8 March 2016 Gender equity: big companies better on boards, but below ASX average on management positions New Catalyst research, released for International Women’s Day, reveals the best and worst points of women’s participation in corporate Australia. The report covers female participation on boards and in management as well as assessing policies to help women in the workplace. While some companies in the ASX have real equality on their boards, overall the ASX has a long way to go. ASX50 companies have 27% female board members while the ASX200 has just 22%. Top and bottom companies, women on boards, ASX100: # women board Company Industry members # board members % women on board Medibank Private Insurance 5 8 63% Mirvac Group Property 4 8 50% DUET Group Utilities 4 9 44% Spark Infrastructure Utilities 3 7 43% Woolworths Retail 3 7 43% Oil Search Oil & Gas 1 9 11% Westfield Property 1 12 8% Qube Holdings Logistics 0 8 0% Domino's Pizza Hospitality 0 6 0% TPG Telecom Teleco 0 5 0% Women’s participation in management positions is stronger across the ASX200 (37%) than the larger companies in the ASX50 (29%). Health care companies performed best in the ASX100: Company Industry Female managers worldwide Healthscope Health Care 80% Primary Health Care Health Care 60% Ramsay Health Care Health Care 53% Sonic Healthcare Health Care 53% For media enquiries, please contact: Tom Burmester 0468 926 833 www.tai.org.au Flight Centre Travel 49% JB Hi-Fi Specialty Retail 8% Iluka Resources Metals & Mining 8% Sirtex Medical Biotechnology 8% Downer EDI Infrastructure 7% Alumina Limited Metals & Mining 0% “The ASX50 has 5 CEOs named Andrew, 4 named Michael but only three who are women: Alison Watkins (Coca Cola Amatil), Susan Lloyd-Horwitz (Mirvac Group) and Kerrie Mather (Sydney Airport).” said report author Martijn Boersma. -
Stoxx® Pacific Total Market Index
STOXX® PACIFIC TOTAL MARKET INDEX Components1 Company Supersector Country Weight (%) CSL Ltd. Health Care AU 7.79 Commonwealth Bank of Australia Banks AU 7.24 BHP GROUP LTD. Basic Resources AU 6.14 Westpac Banking Corp. Banks AU 3.91 National Australia Bank Ltd. Banks AU 3.28 Australia & New Zealand Bankin Banks AU 3.17 Wesfarmers Ltd. Retail AU 2.91 WOOLWORTHS GROUP Retail AU 2.75 Macquarie Group Ltd. Financial Services AU 2.57 Transurban Group Industrial Goods & Services AU 2.47 Telstra Corp. Ltd. Telecommunications AU 2.26 Rio Tinto Ltd. Basic Resources AU 2.13 Goodman Group Real Estate AU 1.51 Fortescue Metals Group Ltd. Basic Resources AU 1.39 Newcrest Mining Ltd. Basic Resources AU 1.37 Woodside Petroleum Ltd. Oil & Gas AU 1.23 Coles Group Retail AU 1.19 Aristocrat Leisure Ltd. Travel & Leisure AU 1.02 Brambles Ltd. Industrial Goods & Services AU 1.01 ASX Ltd. Financial Services AU 0.99 FISHER & PAYKEL HLTHCR. Health Care NZ 0.92 AMCOR Industrial Goods & Services AU 0.91 A2 MILK Food & Beverage NZ 0.84 Insurance Australia Group Ltd. Insurance AU 0.82 Sonic Healthcare Ltd. Health Care AU 0.82 SYDNEY AIRPORT Industrial Goods & Services AU 0.81 AFTERPAY Financial Services AU 0.78 SUNCORP GROUP LTD. Insurance AU 0.71 QBE Insurance Group Ltd. Insurance AU 0.70 SCENTRE GROUP Real Estate AU 0.69 AUSTRALIAN PIPELINE Oil & Gas AU 0.68 Cochlear Ltd. Health Care AU 0.67 AGL Energy Ltd. Utilities AU 0.66 DEXUS Real Estate AU 0.66 Origin Energy Ltd. -
Appointment of Two Non-Executive Directors
News Release 11 December 2019 Appointment of two Non-executive Directors The Board of GrainCorp (ASX:GNC) (GrainCorp or the Company) is pleased to announce the appointment of Ms Jane McAloon and Ms Kathy Grigg as Non-executive Directors of GrainCorp, effective today. GrainCorp Chairman, Mr Graham Bradley AM, said Ms McAloon and Ms Grigg’s extensive experience across a range of industries, both as executives and non-executive directors, would be a strong fit for the Board. “We are delighted to welcome Jane and Kathy to the GrainCorp Board. They each bring diverse perspectives and different skill-sets, which are valuable to the Company as we refresh our director cohort in anticipation of the planned demerger of our Malt business in early 2020.” Ms Jane McAloon: Ms McAloon has over 25 years’ experience in the natural resources, energy, infrastructure and utility industries in corporate and public sector leadership positions, including senior executive roles with BHP Billiton and AGL. Ms McAloon is a Non-executive Director of Viva Energy, Energy Australia and Home Consortium. She is a Board member of Allens and represents the Future Fund on the Port of Melbourne. She is a Director of Monash University Foundation and Bravery Trust. Previous directorships include Healthscope, Civil Aviation Safety Authority, Cogstate and Australian War Memorial. She was also previously Chairman of the Defence Reserves Support Council and a Member of the Referendum Council on Constitutional Recognition for Aboriginal and Torres Strait Islander Peoples. Ms McAloon holds a Bachelor of Laws and Bachelor of Economics (Hons) from Monash University and a Graduate Diploma in Corporate Governance. -
ESG Reporting by the ASX200
Australian Council of Superannuation Investors ESG Reporting by the ASX200 August 2019 ABOUT ACSI Established in 2001, the Australian Council of Superannuation Investors (ACSI) provides a strong, collective voice on environmental, social and governance (ESG) issues on behalf of our members. Our members include 38 Australian and international We undertake a year-round program of research, asset owners and institutional investors. Collectively, they engagement, advocacy and voting advice. These activities manage over $2.2 trillion in assets and own on average 10 provide a solid basis for our members to exercise their per cent of every ASX200 company. ownership rights. Our members believe that ESG risks and opportunities have We also offer additional consulting services a material impact on investment outcomes. As fiduciary including: ESG and related policy development; analysis investors, they have a responsibility to act to enhance the of service providers, fund managers and ESG data; and long-term value of the savings entrusted to them. disclosure advice. Through ACSI, our members collaborate to achieve genuine, measurable and permanent improvements in the ESG practices and performance of the companies they invest in. 6 INTERNATIONAL MEMBERS 32 AUSTRALIAN MEMBERS MANAGING $2.2 TRILLION IN ASSETS 2 ESG REPORTING BY THE ASX200: AUGUST 2019 FOREWORD We are currently operating in a low-trust environment Yet, safety data is material to our members. In 2018, 22 – for organisations generally but especially businesses. people from 13 ASX200 companies died in their workplaces. Transparency and accountability are crucial to rebuilding A majority of these involved contractors, suggesting that this trust deficit. workplace health and safety standards are not uniformly applied.