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Showing 1111 - 1120 of 9739 results for "Major"

Australia's enviable debt levels

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... albeit then climb slightly to 37% by June 2027. These central government debt ratios must be the envy of some of Australia's major trading partners. In the US the ratio is 107% of their GDP, in the UK it's 81% and India it's 70%. Only neighboring New ...

Funding boosts ASIC greenwashing remit

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
ASIC will tighten its scrutiny of greenwashing as part of the Labor government's crackdown on protecting investors against investment scams and other misconduct from product issuers. Federal treasurer Jim Chalmers bolstered ASIC enforcement activity ...

Budget delivers surplus, with a catch

ANDREW MCKEAN  |  TUESDAY, 9 MAY 2023
... prices, which are flowing through to higher export revenues." Although the Australian economy is expected to outperform all major advanced economies, global and domestic headwinds will inevitably drag on activity in 2023-24. A more pronounced slowdown ...

ASIC revises IDR reporting framework

JAMIE WILLIAMSON  |  MONDAY, 8 MAY 2023
ASIC has further staged the implementation timeframe for internal dispute resolution data reporting. In total, 8600 financial firms will report their customer complaints data for the first time under the framework. The first group to do so comprised ...

UniSuper spends $1bn on European mobile towers

ANDREW MCKEAN  |  MONDAY, 8 MAY 2023
... including Germany, Italy, Spain, and the UK. Vodafone, Europe's largest mobile network operator, is both an anchor tenant and major shareholder of the company. A consortium led by Global Infrastructure Partners (GIP) and KKR recently entered into an ...

Private markets boost Macquarie AM results

KARREN VERGARA  |  FRIDAY, 5 MAY 2023
... to its diverse business mix across annuity-style and markets-facing businesses; deep expertise across diverse sectors in major markets with structural growth tailwinds; patient adjacent growth across new products and new markets; ongoing technology and ...

FCA simplifies listing rules to attract global companies

ANDREW MCKEAN  |  WEDNESDAY, 3 MAY 2023
... class share structures and introducing digital financial reporting. FCA chief executive Nikhil Rathi commented: "London is a major international market with a deservedly good reputation globally among companies aiming to raise capital." However, despite ...

Payday super to boost retirement savings for millions

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
From 1 July 2026 employers will be required to pay their employees' super at the same time as their salary and wages. By transitioning to payday super, the government aims to tackle the average annual $4.7 billion of unpaid super. Unpaid super has ...

Australian Retirement Trust names risk heads

ELIZABETH FRY  |  MONDAY, 1 MAY 2023
... divisional risk manager of investments Kate Griffin left the risk team to join Rest. Around the same time, the fund made a major leadership change. Damian Lillicrap, ART's head of strategy for the QSuper portfolios, left the fund following the appointment ...

Wingate launches third credit fund

KARREN VERGARA  |  MONDAY, 1 MAY 2023
... collectively deployed more than $150 million into Australian and New Zealand-based companies. Schroeder said the retreat of major lenders in the mid-market corporate space has led to a significant opportunity. "Our track record in this asset class and ...