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Showing 1041 - 1050 of 14210 results for "Interest"

Trust in advisers reaches new high: Survey

KARREN VERGARA  |  WEDNESDAY, 2 OCT 2024
... crisis. The Value of Advice Index found almost all (94%) of advised clients trust their adviser to act in their best interest, a new record set in this year's survey. The same number lauded their adviser for helping them manage financial risks, particularly ...

Growthpoint sells down majority stake in six industrial assets

KARREN VERGARA  |  TUESDAY, 1 OCT 2024
... assets are located in Victoria, two in New South Wales, and one in Queensland. Growthpoint will retain the remaining 20% interest and continue to be the investment and property manager. The industrial portfolio has 30 assets in total, meaning the sell ...

Ontario Teachers', Hines snap up build-to-rent portfolio

ANDREW MCKEAN  |  TUESDAY, 1 OCT 2024
... highlights the growing confidence amongst global investors to deploy large equity tickets back into the real estate markets as interest rates look to compress and markets benefit from very strong rental growth dynamics as supply remains a challenge," ...

Fund manager splashes $240m on AZ NGA

KARREN VERGARA  |  TUESDAY, 1 OCT 2024
... assets under management over 12 years. Current management and SME business owners of AZ NGA will retain about a 33-39% interest in the firm. Azimut's stake will be at least 25%. AZ NGA now has 34 partner firms, several of which are financial advice ...

Limiting negative gearing could add $2bn in annual revenue

ELIZA BAVIN  |  MONDAY, 30 SEP 2024
... investment should still be allowed to be written off against all current-year and future positive investment income, including interest, rental income, and capital gains." It said the 50% capital gains tax discount for individuals and trusts should also ...

ACCC approves Lendlease, Stockland property deal

ANDREW MCKEAN  |  FRIDAY, 27 SEP 2024
... by Stockland addresses the competition issues that would arise from Stockland owning both Forest Reach and having an interest in Lendlease's nearby Calderwood Valley project as a result of the proposed acquisition," Williams said. The ACCC is confident ...

Pitcher Partners executives launch advice firm

KARREN VERGARA  |  FRIDAY, 27 SEP 2024
Three Pitcher Partners executives have set off to launch Viola Private Wealth, an ultra-high-net-worth financial advice firm spearheaded by Charlie Viola. Viola, together with founding partners Sean Ward and Andrew Levi, bought out operational aspects ...

Household wealth rises in June quarter

ELIZA BAVIN  |  FRIDAY, 27 SEP 2024
... percentage points to quarterly growth. "House prices have continued to rise across most states and territories, despite high interest rates," ABS head of finance statistics Mish Tan said. "This largely reflects ongoing housing supply constraints and ...

Platinum quashes Regal bid

ANDREW MCKEAN  |  THURSDAY, 26 SEP 2024
Platinum Asset Management has rejected alternatives investment manager Regal Partners' takeover bid. Platinum's board unanimously decided that Regal's offer undervalued the company and wasn't in the best interests of shareholders. "The board of Platinum ...

ASIC slaps Macquarie with record $5m fine

KARREN VERGARA  |  WEDNESDAY, 25 SEP 2024
... to "mark the close". This affected the daily settlement price, which essentially tipped in favour of clients' existing interest in the contracts. MDP said Macquarie should have suspected the 50 orders were submitted with the intention of creating a false ...