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Showing 1221 - 1230 of 14210 results for "Interest"

ASIC takes action against Guildfords FM, director

KARREN VERGARA  |  FRIDAY, 28 JUN 2024
... oversight of documents that had misleading or deceptive and did not have adequate arrangements to manage conflicts of interest arising from Payne being a director of MAM while acting as a responsible manager. Payne and Atkins were directors of MAM from ...

APRA: RSE licensees show 'common areas of weakness'

ELIZA BAVIN  |  FRIDAY, 28 JUN 2024
The Australian Prudential Regulation Authority (APRA) has issued a letter to all registrable superannuation entity (RSE) licensees sharing the initial observations from its targeted thematic review of the superannuation industry's preparedness for ...

Australian wealth rises to $16.2tn

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... other asset classes, to lessen their risk of their wealth falling should residential property prices pull back on higher interest rates and any slowing in the economy," Keith said. "While property owners have benefited from property price rises, more ...

Dexus sells three assets for $383.2m

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... has unconditionally exchanged contracts to sell three assets for a combined $383.2 million. The assets include a 50% interest Dexus held in 5 Martin Place, Sydney for $296.2 million, in which its 25% share was $148.1 million, 130 George Street, Parramatta ...

Inflation spikes again sparking rate rise fears

ELIZA BAVIN  |  WEDNESDAY, 26 JUN 2024
... increase in the CPI Indicator will have the Reserve Bank moving towards the starting blocks and readying to fire the interest rate increase gun, just as the men line up for the 100 metre final in Paris, presuming that June quarter inflation reflects ...

Qualitas scores $550m mandate

ELIZA BAVIN  |  WEDNESDAY, 26 JUN 2024
... director and co-founder Andrew Schwartz said the Australian commercial real estate private credit sector has garnered interest from international investors. "The Australian commercial real estate private credit sector continues to attract allocations ...

Telstra flags ditching venture capital arm

KARREN VERGARA  |  TUESDAY, 25 JUN 2024
... Ackland said. In 2022, Telstra Ventures announced the close of its third fund, which it has a 50% stake in. It has a 62.5% interest in the Telstra Ventures Fund II. Its Revenue Acceleration Platform has generated US$580 million for its portfolio companies ...

Long-term optimism for APAC despite short-term hurdles

ANDREW MCKEAN  |  TUESDAY, 25 JUN 2024
... This was primarily driven by "larger-than-usual" private equity fund closures. Preqin said that Japan's accommodating interest rate and weaker yen supported the deal market's growth in 2023, with private capital deal value reaching a five-year high of ...

New Zealand exits recession

KARREN VERGARA  |  MONDAY, 24 JUN 2024
... is currently 5.5% while inflation is tracking at 4%. ASB Bank predicts the Reserve Bank of New Zealand (RBNZ) will cut interest rates from early 2025. Its inflation target sits between 1% and 3% over the medium term. "For the RBNZ, today's GDP print ...

UBS institutional client coverage lead departs

ELIZABETH FRY  |  MONDAY, 24 JUN 2024
UBS Asset Management's local head of institutional client coverage has exited after almost two decades with the firm. Drew Fowler, who has run institutional coverage for four years, confirmed his departure. Fowler started with the Swiss giant's Australian ...