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Showing 91 - 100 of 738 results for "MOU"

ISA welcomes back former chair

CASSANDRA BALDINI  |  MONDAY, 26 JUN 2023
Industry Super Australia (ISA) has reappointed Peter Collins as chair, replacing Greg Combet. Collins joined the ISA board in 2012 and served as its chair between 2013 and 2018. When he exited the role and became deputy chair, Combet replaced him as ...

Dexus assets drop by $1bn

CASSANDRA BALDINI  |  WEDNESDAY, 21 JUN 2023
Dexus has copped a $1 billion loss across 175 of its 182 assets, equating to a 6% drop in value. The real estate asset group said as of 30 June 2023 an external independent valuation calculated a 6% drop on prior book values for its 32 office properties ...

Property market peril to continue: Quay Global Investors

CASSANDRA BALDINI  |  FRIDAY, 16 JUN 2023
Overvaluation of assets in property has contributed to a choppy market and as investors smell blood in the water more bad news might be on its way. Speaking with Financial Standard, Quay Global Investors principal and portfolio manager Chris Bedingfield ...

Cash rate hits 4.1%

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
The Reserve Bank of Australia (RBA) has hiked rates by another 25 basis points to bring the official cash rate to 4.1%. Many experts fear that Australia is teetering on the edge of a recession and that the latest decision by the nation's central bank ...

CareSuper, Spirit Super charge ahead with $50bn merger

ANDREW MCKEAN  |  FRIDAY, 2 JUN 2023
... $50 billion. A few months later in November, CareSuper and Spirit Super initiated a non-binding Memorandum of Understanding (MoU) to explore a possible merger. After many months of due diligence, the leadership of CareSuper and Spirit Super have exuded ...

Wage increases to offset more rate hikes: Experts

CASSANDRA BALDINI  |  FRIDAY, 2 JUN 2023
The Fair Work Commission lifted Australia's minimum and award wages by 5.75% to alleviate incomes eroded by inflation, but experts say the Reserve Bank of Australia (RBA) won't be backing off anytime soon. Speaking this morning, Fair Work Commission ...

Top ETF megatrends: Global X

ROSE MARY PETRASS  |  FRIDAY, 19 MAY 2023
Investors are poised to benefit from long-term investments in the minerals and technology needed to reach net zero, a global ETF provider has revealed. Global X ETFs Australia outlined the major exchange traded fund (ETF) investment megatrends - highlighting ...

What you need to know about the 2023-24 budget

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
Cost of living pressures and the transition to clean energy took centre stage on federal budget night as the Labor Party unveiled a package of measures in response to mounting economic uncertainties. Federal treasurer Jim Chalmers delivered the 2023-24 ...

APAC investors cut PE allocations by 50%

CASSANDRA BALDINI  |  MONDAY, 24 APR 2023
Private equity and venture capital aggregate transaction value fell by 45% in the region, excluding Japan, in the first quarter. According to S&P Global Market Intelligence the drop from last year's US$14.7 billion to US$8.09 billion in Q1 2023 comes ...

Industry fund merger advances

ANDREW MCKEAN  |  FRIDAY, 21 APR 2023
... progressed in their merger process, which began in December 2022 with the signing of a non-binding Memorandum of Understanding (MoU). The merger between the industry funds is set to create a unified fund serving over 150,000 members. In a joint statement ...