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Showing 1101 - 1110 of 14210 results for "Interest"

Cbus' CFMEU board directors exit

ANDREW MCKEAN  |  FRIDAY, 30 AUG 2024
... The CFMEU was placed into administration last Friday after the attorney-general Mark Dreyfus said it was in the public interest. A Cbus spokesperson told Financial Standard that decisions to appoint and remove CFMEU directors to the Cbus board rest with ...

Platinum outflows drag performance

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
... environment for Platinum's contrarian approach to investing." "The 12 year-long bull market has generated strong client interest for passive investment products over actively managed investments, and flows have favoured 'growth-style' funds ...

Aware Super completes first UK deal

MATTHEW WAI  |  THURSDAY, 29 AUG 2024
Aware Super has completed its first infrastructure engagement in the UK, investing in London-based euNetworks. euNetworks builds and invests in city and long-haul fibre networks to connect European data hubs and centres. It operates across 18 cities ...

Australia a 'regional private wealth hotspot': Preqin

ANDREW MCKEAN  |  WEDNESDAY, 28 AUG 2024
... Australian Securities Exchange (ASX) has seen a decline in IPOs and shallowing of public markets, creating a greater interest among private wealth investors for alternatives," the report said. Indicative of this embrace, Franklin Templeton launched its ...

WAM Active returns 30%, beats indices

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2024
... Initial expectations for an improvement in deal flow during 2024 were tempered by macroeconomic uncertainties surrounding interest rates, resulting in the team's participation in a comparable number of deals to the 16 observed in the 2023 financial ...

Inflation eases in July

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
... chief economist David Bassanese said that while the further slowing in annual inflation is welcome, it may not mean an interest rate cut is on the cards. "Today's July CPI report showed a welcome further slowing in annual inflation, albeit the result ...

AustralianSuper takes monster hit on Pluralsight

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
... range of major global investors, however, the impact of the COVID pandemic, volatile macroeconomic conditions, rising interest rates and increasing competition combined to create a very challenging environment for the company. "The combination of deteriorating ...

Economists hit back at RBA guidance

ELIZA BAVIN  |  TUESDAY, 27 AUG 2024
The Reserve Bank of Australia (RBA) has indicated that there will not be any short-term cutting of interest rates, but the market is pricing in a cut before the end of the year. RBA governor Michele Bullock pushed back against the market pricing, stating ...

BUSSQ fights back against regulatory imposition

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
BUSSQ will challenge what it calls "unnecessary and potentially impractical" licence conditions imposed by APRA, which were sparked by allegations of serious misconduct within the CFMEU and concerns about its potential impact on the super fund. The ...

Former Brisbane adviser found guilty of fraud again

MATTHEW WAI  |  MONDAY, 26 AUG 2024
... wound up. Jayaweera had periodically transferred small amounts to the fund to create an impression that it was receiving interest on its investments. He was permanently banned in 2016 after being charged. Jayaweera's verdict was handed down by a jury ...