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Showing 1211 - 1220 of 14210 results for "Interest"

RBA minutes confirm potential August rate hike

ELIZA BAVIN  |  WEDNESDAY, 3 JUL 2024
The Reserve Bank of Australia (RBA) released the minutes from its June board meeting at which it held interest rates steady, but confirmed it did consider the possibility of a hike. The minutes also confirmed the RBA is vigilant to the upside risks ...

HESTA returns 9.1% to members

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
... investment officer Sonya Sawtell-Rickson said the strong returns reflected resilience in public financial markets, even as interest rates remained above 4% over the financial year. However, she cautioned that recession triggers are still a looming threat ...

Aviva exits Australia, shutters fund

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... only nine years old, launching in Australia in 2015, has been terminated following poor performance and lack of investor interest. It had a minimum investment amount of $500,000. Perpetual's The Trust Company, as the Responsible Entity (RE) of the ...

Panel declares 'unacceptable circumstances' for Sequoia

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... controlled entities Cojones and Vonetta (or A. Jones Group) own over 17 million Sequoia shares or 12.94% of the voting interest. His son, Brent Jones, and his company Unrandom have over 10 million shares or 8.15%. Glennon Small Companies chair Michael ...

AustralianSuper unleashes raft of investment and fee changes

ELIZA BAVIN  |  TUESDAY, 2 JUL 2024
... a result, it increased exposure to Australian shares, international shares, private equity, infrastructure, and fixed interest. It also reduced its exposure to credit and cash holdings. AustralianSuper also updated its fees and costs for investments ...

Family office buys into WNBL potential

JAMIE WILLIAMSON  |  TUESDAY, 2 JUL 2024
... (WNBL) from Basketball Australia. Wollemi Capital Group and the NBL have formed a consortium to acquire the majority interest at the end of the 2024/25 season. Taking control in April next year, Basketball Australia will retain a minority interest. "Women's ...

Corporate borrowing hits all-time high despite interest rates

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
... notably lower than in 2022/23 and remained below the borrowing levels of 2018 and 2019. Janus Henderson said the rise in interest rates appears to have been a factor in "moderating appetite" to borrow. Nevertheless, takeovers were the major driver of ...

Australian Retirement Trust delivers 11.3% in FY24

KARREN VERGARA  |  MONDAY, 1 JUL 2024
... rate positions plus spread. In an environment with no defaults and relatively attractive spreads and relatively high interest rates, it's not surprising that you're carrying high, single digit returns," he said. Preliminary Chant West estimates ...

Stafford Capital wins $569m mandate

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
... supply of high-quality carbon offsets for clients. Stafford chief executive Angus Whiteley said institutional investor interest in the timberland sector is growing globally. "This new mandate from ACCESS significantly strengthens our successful long-term ...

Australian Retirement Trust acquires major stake in industrial estate

ANDREW MCKEAN  |  FRIDAY, 28 JUN 2024
... Industrial precinct in Sydney to the Mirvac Industrial Venture (MIV), with Australian Retirement Trust (ART) acquiring a 49% interest, bringing its total expected value to $1 billion. Last June, Mirvac and ART launched the $370 million MIV. Its seed ...