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Showing 1051 - 1060 of 7579 results for "Deal"

Super fund satisfaction takes hit

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2022
A survey of superannuation fund members found overall satisfaction has declined and more are considering changing funds. The latest CSBA FEAL Superannuation CX benchmarking report surveyed close to 5500 members from 20 super funds and found that customer ...

Financial stability risks escalate: RBA

ANDREW MCKEAN  |  MONDAY, 10 OCT 2022
Financial stability risks have increased as global financial conditions continue to tighten, according to the Reserve Bank of Australia's Financial Stability Review. The RBA cited a further tightening of financial conditions, an increase of debt-servicing ...

Chief executives anticipate recession: KPMG

ANDREW MCKEAN  |  MONDAY, 10 OCT 2022
... 86% of chief executives believe a recession will happen over the next 12 months, correspondingly 76% have plans in place to deal with it. Despite short-term recession fears, KPMG found chief executives had increased confidence for the longer term, an ...

Mirae Asset grows Australian alternatives team

CASSANDRA BALDINI  |  MONDAY, 10 OCT 2022
... investments over the past six years. McGrath was one of the first investors in Employment Hero, which won the AIC's 2022 VC Deal of the Year. Other notable investments include Zoomo, Eucalyptus, InDebted, Shippit and Phocas. He has also held roles with ...

Cromwell sells stake in LDK

CHLOE WALKER  |  FRIDAY, 7 OCT 2022
... and fund manager has sold its 50% equity interest in LDK Healthcare (LDK) to Anglicare Sydney (Anglicare). As part of the deal, Cromwell will initially receive $20 million, and will keep hold of its secured interest-bearing loans until the end of February ...

First Super: Merger pressure fizzles out

ELIZABETH FRY  |  FRIDAY, 7 OCT 2022
... the number of New Zealanders who roll their money into Australia is not huge, for a fund comprising 46,000, it's a big deal. And First Super is close to its industry groups which have held up its membership. Timber, manufacturing beds, hard and soft ...

Aware Real Estate snaps up St Leonards site

CHLOE WALKER  |  WEDNESDAY, 5 OCT 2022
... Aware's Essential Worker Housing program, providing quality accommodation to qualifying essential workers at reduced rents. The deal fits with the newly established Aware Real ­Estate 's focused investment theme targeting locations around existing and ...

Hejaz launches financial advice service

ANDREW MCKEAN  |  TUESDAY, 4 OCT 2022
Hejaz Financial Services has launched a faith and ethical dealer group to serve Muslim clients and those seeking ultra-ethical products. Hejaz Financial Advisers intends to support financial advisers with an existing Muslim client base and in highly ...

BUSSQ sees strength in niche super

ELIZABETH FRY  |  FRIDAY, 30 SEP 2022
... regulator used a board impasse to push for a merger. Although reports about a merger with the $75 billion Cbus surfaced, the deal didn't progress past an initial official letter and one meeting. At the time, Master Builders Queensland and the CFMEU ...

Qualitas secures $440m for debt fund

CHLOE WALKER  |  FRIDAY, 30 SEP 2022
... management (FUM) has grown to approximately $5.33 billion, representing a total net growth of 25% since June 30. Qualitas said the deal represents a clear demonstration of the ability of the real estate private sector to provide large-scale capital solutions ...