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Showing 91 - 100 of 4289 results for "Raise"

SMC says 'reckless' plan could cost taxpayers $1tn

ELIZA BAVIN  |  THURSDAY, 9 MAY 2024
... could cost taxpayers an extra $25 billion a year, the modelling found. Previous SMC modelling found the policy would simply raise capital city house prices by $75,000 - forcing future generations of young Australians to wait even longer to buy. SMC chief ...

Dexus completes $300m raising

ELIZA BAVIN  |  TUESDAY, 7 MAY 2024
... raised more than $300 million for a first close of its second dedicated real estate opportunity fund, putting it on track to raise up to $1 billion in equity. The Dexus Real Estate Partnership 2 (DREP2) fund is the second in a series of closed-ended ...

MSC Certane wins Suncorp mandate

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
... notes are being issued as part of Suncorp's ongoing funding and capital management strategy. Suncorp is issuing the notes to raise Eligible Additional Tier 1 Capital, the proceeds of which will be used to fund the capital needs of the Suncorp Group and ...

Top 10% of households home to 15 times more wealth

JAMIE WILLIAMSON  |  FRIDAY, 19 APR 2024
... executive Cassandra Goldie said the fastest and most efficient way to support those worst affected by income inequality is to raise the rate of JobSeeker to at least match the pension rate of $80 a day. Currently, it is $55 a day.

Sequoia chair steps down

KARREN VERGARA  |  FRIDAY, 19 APR 2024
The chair of Sequoia Financial Group, John Larsen, has resigned from the position and his replacement has been appointed. Larsen's last day as chair was April 18 following five years at the post. He will stay at Sequoia as a non-executive director and ...

MLC Private Equity launches insto fund

KARREN VERGARA  |  WEDNESDAY, 17 APR 2024
A new private equity fund launched by MLC Private Equity has raised US$762 million ($1.2bn). The fund, MLC Private Equity Partners, invests in global middle-market private equity opportunities and co-investments in sectors such as healthcare, technology ...

Government introduces company merger overhaul

ANDREW MCKEAN  |  WEDNESDAY, 10 APR 2024
... jointly stated that mergers will be approved to proceed within 30 working days, where the regulator decides that they don't raise any competition concerns. The average period for the Australian Competition and Consumer Commission (ACCC) to process merger ...

IMF flags concerns over 'risky' private credit market

ELIZA BAVIN  |  TUESDAY, 9 APR 2024
... emerged about three decades ago as a financing source for companies too large or risky for commercial banks and too small to raise debt in public markets," the IMF said. "In the past few years, it has grown rapidly as features such as, speed, flexibility ...

Heartland finally gets regulatory approval for Challenger Bank acquisition

ELIZA BAVIN  |  MONDAY, 8 APR 2024
... allowing heartland to optimise the advantage of a lower cost of funds," Heartland said. "Challenger Bank continues to actively raise deposits ahead of being acquired by Heartland Bank and will continue to do so following completion." In addition to the ...

Super funds' IDR process weak, inadequate: AFCA

KARREN VERGARA  |  FRIDAY, 5 APR 2024
Superannuation funds are increasingly flouting their internal dispute resolution (IDR) process and are not doing enough to resolve member complaints before they reach the Australian Financial Complaints Authority (AFCA). The complaints authority warned ...