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Showing 91 - 100 of 497 results for %22Billion Dollars of%22

Unsatisfied HESTA members head for exit

ELIZABETH MCARTHUR  |  THURSDAY, 27 FEB 2020
An activist group who met with $50 billion industry fund HESTA following a protest have revealed that several from their group were so disappointed with the outcome of the meeting that they're leaving the fund. Healthy Futures is an organisation ...

SG amnesty bill finally passes

HARRISON WORLEY  |  TUESDAY, 25 FEB 2020
... government's approach didn't seem "like a very good-faith approach to unscrambling a problem". "We've got billions of dollars in superannuation not being paid to ordinary workers. We've put a constructive proposal on the table. I think making ...

Wells Fargo coughs up $4.5 billion

ALLY SELBY  |  MONDAY, 24 FEB 2020
Wells Fargo will fork out $4.5 billion to resolve the fake account scandal that has continued to rattle the world's fourth largest bank since 2016. The $4.5 billion (US$3 billion) settlement with the Securities and Exchange Commission (SEC) and ...

Push for more foreign investment

ELIZA BAVIN  |  FRIDAY, 7 FEB 2020
... economy for the years after they obtain permanent residency," Hedley said. "These new migrants not only pour billions of dollars into our economy, they also bring skills, expertise and experience that is assisting Australia to enhance its competitiveness ...

Melbourne boutique adds to team

KANIKA SOOD  |  WEDNESDAY, 29 JAN 2020
A Melbourne bond investor has hired a head of compliance as its assets under management hit the $5 billion mark. Jamieson Coote Bonds has appointed Ivy Choo in the role. Choo will look after the boutique's compliance and risk framework and has worked ...

VanEck launches first active ETF

KANIKA SOOD  |  TUESDAY, 28 JAN 2020
... excessively levered countries and companies," Fine said. VanEck had about 20 ETFs listed on the ASX, totaling just under $4 billion at December end. About a quarter of its assets are in the VanEck Vectors Australia Equal Weight ETF (ASX: MVW). The ETF ...

Coronavirus in, climate change out: Costello, deVere

ALLY SELBY  |  TUESDAY, 28 JAN 2020
... vaccine. Despite the possibility of a cure, research by PricewaterhouseCoopers suggests the coronavirus could cause a $2.3 billion reduction in Australia's GDP over the coming year, with jobs and tourism dollars taking a hard hit from a decline in ...

American private debt fund eyes Australia

KANIKA SOOD  |  THURSDAY, 23 JAN 2020
... be the sole lender in transactions and default rates sit at less than 1% of the total transaction volume of about US $9 billion, its co-founders Richard Levy and Brendan Carroll said on a recent visit to Sydney. Among its investors are the sovereign ...

Double exit from investment firm

ELIZA BAVIN  |  FRIDAY, 10 JAN 2020
An investment firm which manages over a billion dollars has announced a double exit, as its joint chief executives step down. Catherine van der Veen and Lucy Foster will be stepping down from their roles as joint chief executives and managing directors ...

Chief economist update: Australia burns

BENJAMIN ONG  |  MONDAY, 6 JAN 2020
... delay the government delivering its much-anticipated budget surplus this financial year, which was downgraded from $7.1 billion to $5 billion last month". Then again, the growing devastation of the inferno could require increased government spending ...