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Showing 31 - 40 of 2514 results for "Purchase"

Investors livid over fresh portfolio valuation: Mayfair 101

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2024
Mayfair 101 says its noteholders have been left devastated by new sales data that suggests the Mission Beach real estate portfolio has increased in value by as much as $170 million. Mayfair 101 purchased the portfolio of 200-plus properties in 2019. ...

Inflation eases to 4.3%

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2024
Inflation declined to 4.3% in the year to November 2023, easing from 4.9% in October. The latest data from the Australian Bureau of Statistics (ABS) found that the rising costs of housing (up 6.6%), food and non-alcoholic beverages (up 4.6%), insurance ...

Centuria buys greenhouse farm

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2024
Centuria Capital Group is ramping up its agricultural portfolio with the acquisition of a $21.5 million greenhouse farm. The Centuria Agriculture Fund (CAF) is the new owner of the facility operated by hydroponic vegetable producer P'Petual Holdings. ...

Former director sentenced to over four years imprisonment

ANDREW MCKEAN  |  THURSDAY, 21 DEC 2023
... exploited his position as director of Secure Investments, extracting more than $550,000 from the company's accounts to purchase shares in a security company for his personal benefit. ASIC froze the assets of Naseeruddin's companies in 2019, and ...

Advisers, accountants ramp up partnerships

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2023
Putting an old rivalry behind, financial advice practices are increasingly joining forces with accounting firms as the former seeks to meet clients' demand for holistic advice that includes taxation. Over the next decade, Radar Results predicts ...

Perpetual explores split following review

CASSANDRA BALDINI  |  WEDNESDAY, 6 DEC 2023
... particularly where M&A is involved can, and do, take time to deliver full benefits," D'Aloisio said. Through the purchase of Trillium in 2020, Perpetual said it substantially increased assets from $5.6 billion to $9.7 billion, with a noteworthy $2.3 ...

AIMCo, New Agriculture buy Kimberley Cattle Portfolio

CASSANDRA BALDINI  |  WEDNESDAY, 29 NOV 2023
Alberta Investment Management Corporation (AIMCo) and New Agriculture are set to jointly acquire the Kimberley Cattle Portfolio for an undisclosed sum. The Kimberley Cattle Portfolio (Yougawalla Pastoral Co and Argyle Cattle Co) is a large-scale cattle ...

Young women report low financial literacy: NAB

CASSANDRA BALDINI  |  FRIDAY, 24 NOV 2023
Young Australian women are reporting lower financial literacy levels and are at greater risk of financial hardship, according to new NAB research. NAB's Financial hardship survey, revealed the most significant dip in financial literacy is seen in ...

Insignia Financial finds buyer for Millennium3

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... government's response to the Quality of Advice Review." WTL intends to fund the acquisition using cash on hand and will purchase M3 on a debt-free, cash-free basis, with the final purchase price adjusted at completion to reflect any retained working ...

ClearView offloads chunk of Centrepoint Alliance stake

CASSANDRA BALDINI  |  FRIDAY, 17 NOV 2023
COG Financial Services has taken over part of ClearView's stake in Centrepoint Alliance (CAF) for $13 million. After dumping its bid for Diverger on Wednesday, COG has purchased approximately 39.56 million CAF shares at 33 cents per share from the ...