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Showing 1131 - 1140 of 4888 results for "Debt"

Centuria launches takeover bid

ALLY SELBY  |  MONDAY, 15 JUN 2020
... Augusta board and management team took decisive action to minimize the impact of COVID-19 by significantly reducing corporate debt and releasing surplus cash to aid growth in the core business," McBain said. "Accordingly, its NZ platform is now well ...

Major OneVue shareholder says IRESS bid too low

KANIKA SOOD  |  FRIDAY, 12 JUN 2020
Billionaire investor and OneVue shareholder Alex Waislitz says IRESS's offer to acquire OVH for 40 cents a share is a far cry from the company's actual value. Waislitz's Thorney Opportunities and related companies started buying stock in ...

Labor calls for end to war on super

HARRISON WORLEY  |  TUESDAY, 9 JUN 2020
... about what this means," Jones says. "Higher taxes, lower productivity, fewer jobs and a bleak future for retirees. Foreign debt will increase as once again we are dependant on the savings of other countries. "Productivity will stagnate as the industry's ...

Global ETF leaders push for reform

ALLY SELBY  |  FRIDAY, 5 JUN 2020
... often have vastly different investment objectives, he said. "Whether that's an exchange traded note, which is really a debt security issued by a corporate entity or an ETC, an exchange traded commodity, which could be physical or synthetic, again ...

Fed buys up BlackRock ETFs

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... Corporate Bond ETF (HYG) and SPDR (JNK). The decision has elicited some controversy as BlackRock is also running the Fed's three debt-buying programs, but said it will not charge management fees on the ETFs it buys on behalf of the central bank. In the ...

Impact investing set to skyrocket: Research

ALLY SELBY  |  TUESDAY, 2 JUN 2020
... "green" or "sustainable" bonds ($17 billion), while $2.9 billion was held by Australian investors in real assets, private debt, public and private equity, social impact bonds and more. "Responsible investment has gained mainstream traction in financial ...

Super withdrawals being misused

ELIZABETH MCARTHUR  |  MONDAY, 1 JUN 2020
New research has revealed 40% of those who accessed their superannuation early did not see any drop in their income during the COVID-19 pandemic. The data released by Illion and AlphaBeta, part of Accenture, shows that early superannuation withdrawal ...

Details of Mayfair's default revealed

ELIZABETH MCARTHUR  |  MONDAY, 1 JUN 2020
... problematic. After looking into Mayfair's asset summary, Vasco found that it did not own shares in Accloud but only had a $5 million debt investment with them so it was unclear as to why this would provide a significant liquidity event of the fund. It ...

Is the worst yet to come?

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
... point of view, the liquidity crisis may have only been avoided in the short term. "A lot of corporates are carrying a lot of debt, and I think the real ramifications of the shutdown of economies and the fragmented restarting could flow through into more ...

Complaints abound during COVID-19: AFCA

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
The Australian Financial Complaints Authority (AFCA) has received over 3180 COVID-19 related financial complaints since the pandemic was declared in March, with more than 600 directed at superannuation funds. Speaking to members at on online forum ...