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Showing 1231 - 1240 of 6020 results for "Credit"

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
... coming meetings." Doyle believes the interest rate increases will result in headwinds for the Australian economy as the credit taps continue to be tightened.

ASIC releases estimate cost recovery levies for 2021/22

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
... estimates it will recover $332.3 million of its 2021/22 regulatory costs via the levies in the corporate, deposit taking, credit, investment management, super, market infrastructure, market intermediaries, financial advice and insurance sectors.

ASIC succeeds in application to liquidate Ascent

CASSANDRA BALDINI  |  MONDAY, 6 JUN 2022
ASIC has succeeded in its application to liquidate Ascent Investment and Coaching Pty Ltd after suspecting it was operating without a licence and falsified financial records. ASIC made an application to the Federal Court in March to wind up Ascent and ...

Boutique takes over Mason Stevens fund

JAMIE WILLIAMSON  |  FRIDAY, 3 JUN 2022
The recently launched Torica Capital has taken over as investment manager of the Mason Stevens Credit Fund. Torica Capital took over the fund last month, subsequently renaming it the Torica Absolute Return Income Fund. Mason Stevens remains the responsible ...

ETFS Physical Gold to be split 10:1

ANDREW MCKEAN  |  THURSDAY, 2 JUN 2022
... JPMorgan Chase in London. Each physical bar is segregated, individually identified and allocated which means there is no credit risk. Over the past year the fund has had a return of 4.47% which has outperformed the All Ordinaries which is down 1.06% ...

AFCA adopts user pays funding model

CASSANDRA BALDINI  |  TUESDAY, 31 MAY 2022
... will pay only their annual registration fee, which has been set at $375.55 for the coming financial year. Among authorised credit representatives, 99.9% will pay only $65.98 annually - steady with their annual membership levy for the past year.The new ...

ANZ sued by ASIC

CASSANDRA BALDINI  |  MONDAY, 30 MAY 2022
... around 165,750 ANZ customers were charged cash advance fees and interest for withdrawing or transferring money from their credit card accounts based on an incorrect account balance, including on the ANZ website, ANZ App and at ATMs. ASIC further alleged ...

Pallas Capital introduces feeder fund

CHLOE WALKER  |  THURSDAY, 26 MAY 2022
... investors to invest into the Pallas Funding Trust (PFT), a fast growing and diversified fund established in collaboration with Credit Suisse AG. ​PFT, a lending vehicle that was established by Pallas Capital in November 2021, has a funding total of ...

Goldman Sachs strengthens leveraged finance team

ELIZABETH FRY  |  WEDNESDAY, 25 MAY 2022
... portfolio specialist. Goldman Sachs has also announced that Pedro Panizo will be taking on the role of head of private credit at the firm's asset management business in Australia and New Zealand. "We believe Panizo's new role will serve to strengthen ...

Australian dividends shatter pre-pandemic records: Janus Henderson

ANDREW MCKEAN  |  TUESDAY, 24 MAY 2022
Australian global dividends have completed their pandemic recovery and have eclipsed the previous 12-month record set in September 2019 by $6.7 billion. The latest Janus Henderson global dividend index shows that Australian dividends totalled $97.9 ...