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| | | ... Property Trust (AUHPT) has announced the successful completion of its first issuance of senior, unsecured, six-year fixed rate A$ Medium Term Notes (A$MTN), raising $275 million. The funds raised from the issuance will be allocated to repay and subsequently ... |
| | | | Australia's major banks have achieved skyrocketing returns of $32.5 billion, up 14% from last year, driven by loan growth, margin expansion and the continued decline in notables. This year, profits exceeded the previous record set in 2017 at $31.2 ... |
| | | | In its full-year 2023 results, ANZ declared a cash profit of $7.4 billion, up 14% on the previous year. The big four bank said its proposed final dividend for 2023 also increased to 94 cents per share (cps), consisting of an 81 cps dividend partially ... |
| | | | ... worst returned 2.7%. "It's vital for investors to be aware of the inherent risks in the real estate sector, such as interest-rate risk and susceptibility to broader economic activities, to name a few," Le said. "It's also paramount to be mindful that ... |
| | | | ... said the research revealed that insurers are using their discretion to address the persistent challenge of a rising interest rate environment, actively adjusting their portfolios accordingly. "Insurers are adopting a wait-and-see approach, showing apprehension ... |
| | | | While Australia's economy has been surprisingly resilient to Reserve Bank of Australia (RBA) rate hikes, inflation remains well above global trends, according to UBS's 2024-2025 local economic outlook. The report, written by UBS economists George Tharenou ... |
| | | | ... dwellings. Prime Value purchased the assets for about $105 million via a private deal. The fund aims to achieve a target internal rate of return (IRR) of about 15% per annum. It is the second retirement-living focused fund the manager has launched, following ... |
| | | | The group has formed an origination partnership with Apollo Global Management, giving Challenger Life access to private global credit and alternative capabilities. Building upon its existing partnership, Challenger said the extended agreement grants ... |
| | | | The Reserve Bank of Australia (RBA) hiked the cash rate to 4.35% as it continues to grapple with subduing inflation. RBA governor Michele Bullock yesterday pushed up the base rate by another 25 basis points, saying that while inflation in Australia ... |
| | | | ... assessing active funds within a category. "Even in categories which are favourable to active strategies, a low survivorship rate will adversely affect the chances of achieving one's return objectives," it said. "It's important to note that, in most cases ... |
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