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Showing 1201 - 1210 of 10940 results for "Real"

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI  |  THURSDAY, 15 AUG 2024
On Wednesday, the Reserve Bank of New Zealand (RBNZ) trimmed its interest rate by 25 basis points to 5.25% after holding a decades-high rate of 5.50% since May 2023. The central bank pointed to inflation converging to its target range as the core reason ...

Cost cutting returns Bravura to profit

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
Bravura Solutions returned to profit in the 2024 financial year following a "difficult year" but flags it is not done with its cost-cutting strategies. The ASX-listed firm's total revenue was stable at $250.4 million but managed to haul itself out of ...

Independent MPs call for super reforms

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
Independent MPs have called for urgent amendments to the Better Targeted Super Bill, particularly regarding the proposed taxation of unrealised gains. The controversial legislation introduces a 30% tax rate for superannuation earnings exceeding $3 million ...

Janus Henderson to buy private credit manager Victory Park Capital

ANDREW MCKEAN  |  TUESDAY, 13 AUG 2024
Janus Henderson will acquire a majority stake in private credit manager Victory Park Capital Advisors after Pacific Current Group agreed to divest part of its interest in the firm. The London-headquartered asset manager said that the acquisition of ...

Vanguard, Betashares, iShares neck and neck in battle for inflows

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
... Fund) shedding $852 million, Betashares Legg Mason Emerging Markets Fund (Managed Fund) losing $127 million, ActiveX Ardea Real Outcome Bond Fund (Managed Fund) with $120 million, Betashares S&P 500 Equal Weight ETF at $44 million, and Vanguard US Total ...

EQT wins RE mandate from Woodbridge

KARREN VERGARA  |  MONDAY, 12 AUG 2024
... 5% to 7% per annum net of fees and expenses. The fund invests in first mortgage, senior secured Australian and New Zealand real estate loans via direct and indirect exposures. As RE, EQT appointed Apex Fund Services as the administrator for the fund ...

Wollemi Capital appoints former state Treasurer

ELIZA BAVIN  |  MONDAY, 12 AUG 2024
Wollemi Capital has appointed former NSW Treasurer Matt Kean as director, regulatory affairs and strategic partnerships. Wollemi said Kean - who was recently appointed chair of the Climate Change Authority - brings deep expertise in catalysing public ...

Assembly Funds Management seeks $100m

KARREN VERGARA  |  FRIDAY, 9 AUG 2024
... (ADPF2) is rattling the tin for the second time after it completed its first close in late 2023, raising over $115 million. The real estate fund targets a gross IRR of 15% to 17%, which also invests in senior and mezzanine debt in Australia and New Zealand. ...

Australia sees jump in zombie companies

ELIZA BAVIN  |  THURSDAY, 8 AUG 2024
... wavering economic performance was one reason for the increase after GDP growth declined from 4.27% in 2022 to 3.02% in 2023. The real estate sector was the most affected by economic instability, inflation, and rising interest rates, while the travel ...

ESSSuper launches Balanced Growth Managed option

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2024
... joined from Hostplus where he spent more than eight years. Therese Kenny is the new chief financial officer, joining from real estate investment manager MaxCap Group where she held a similar role.