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Showing 1021 - 1030 of 9739 results for "Major"

Charter Hall REIT cops $198m loss

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
A Charter Hall REIT suffered a major blow to its bottom line, copping a $198 million loss as substantial devaluations in the commercial real estate sector materialise in the 2023 financial year results. The Charter Hall Long WALE REIT (CLW) made a whopping ...

Private credit to play critical role in the economy: MA Financial

CHLOE WALKER  |  TUESDAY, 8 AUG 2023
... estate credit Cathy Houston says. Talking to Financial Standard, Houston said she expects non-banks to increasingly assist major lenders in servicing the commercial real estate debt market, particularly when it comes to the critical housing shortage. ...

PGIM client group lead in sudden departure

ELIZABETH FRY  |  FRIDAY, 4 AUG 2023
... expanding the firm's institutional client base. He led a client-facing team that partners with chief investment officers of major institutions and senior fiduciary decision-makers. Specifically, his job involved working closely with all PGIM business ...

ACCC slams door on ANZ, Suncorp deal

CASSANDRA BALDINI  |  FRIDAY, 4 AUG 2023
... the need for second-tier banks such as Suncorp Bank and explained such institutions are important competitors against the major banks. "... especially because barriers to new entry at scale into banking are very high. Evidence we obtained strongly indicates ...

Mortgage holders, retailers relax after rate pause

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
... NAB for example, put up the one-year fixed rate from 6.24% to 6.54%; the two-year fixed rate went from 6.14% to 6.44%. The major banks are no longer offering fixed rates under 6%. Mortgage Choice data shows that variable rate home loans remain more popular ...

AustralianSuper grows global team with numerous hires

ANDREW MCKEAN  |  TUESDAY, 1 AUG 2023
... for 24 years, Normand will lead AustralianSuper's asset allocation research, shaping investment strategies across all major asset classes. Shah, formerly of Tesco Pension Fund, has held roles at The Bank of England, Goldman Sachs, and BMO Global ...

New CFS platform at the cutting Edge: Quirk

CHLOE WALKER  |  TUESDAY, 1 AUG 2023
... parts of the market," Quirk said. Another key aspect of Edge is its rich managed accounts capability. "This is the first major platform being deployed in the Australian market since managed accounts have become so much more integral to adviser's businesses ...

Insignia Financial plans advice business transformation

JAMIE WILLIAMSON  |  THURSDAY, 27 JUL 2023
The wealth group will consolidate its self-employed licensees under one brand, to be owned by the advisers via a new equity model. It has also confirmed it will divest most of its holding in Godfrey Pembroke and is looking to sell Millennium3. Insignia ...

Industry grapples with looming cyber threats

CHLOE WALKER  |  THURSDAY, 27 JUL 2023
... are being urged to ramp up cybersecurity protections, with the regulators keeping a keen eye on their efforts. But while major institutions might be well resourced to respond, financial advisers are falling behind. In recent months, several major institutions ...

BTR may create generation of tenants: Podcast

CASSANDRA BALDINI  |  THURSDAY, 27 JUL 2023
The build-to-rent (BTR) model is attractive for several reasons, including the familiarity and comfort such investments offer. But does it align with the great Aussie dream? In the latest episode of the Financial Standard podcast, HOPE Housing chief ...