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Showing 1381 - 1390 of 9740 results for "Major"

Magellan offloads GYG stake

JAMIE WILLIAMSON  |  MONDAY, 9 MAY 2022
... reinforces the strength of out partnership with Barrenjoey. We remain committed to the long-term success of Barrenjoey as a major shareholder." The sale is expected to complete over two tranches in June and July.

Advice firms struggle to make most of socials

JAMIE WILLIAMSON  |  MONDAY, 9 MAY 2022
A recent survey by BT found just 37% of financial advisers have received referrals via social media in the last 12 months. Earlier this year BT conducted a three-part webinar series on social media, with the majority of advisers in attendance using ...

Pension fund sues Elon Musk, Twitter

JAMIE WILLIAMSON  |  MONDAY, 9 MAY 2022
... Twitter chief executive Parag Agrawal are named as co-defendants, The Guardian said. Morgan Stanley and Dorsey are also major shareholders in Twitter at 8.8% and 2.4% a piece. Combined with Musk's 9.2% stake, this meant he effectively held more than ...

Reserve Bank fallout after hawkish pivot

ANDREW MCKEAN  |  WEDNESDAY, 4 MAY 2022
... the average borrower with a $500,000 loan and 25-year mortgage term would see repayments shoot up by $65 a month. All four major banks have very quickly announced rate changes for owner-occupiers to the tune of 0.25% effective later this month. In a ...

Equity Trustees wins custody, trustee mandate

JAMIE WILLIAMSON  |  TUESDAY, 3 MAY 2022
Equity Trustees has been selected as custodian and trustee of a major clean energy investor. Octopus Australia, the local subsidiary of Octopus Group, has awarded a mandate to Equity Trustees for custodian and trustee services. Octopus currently managed ...

NAB evades AUSTRAC fine for non-compliance

ANDREW MCKEAN  |  MONDAY, 2 MAY 2022
... update at its half-yearly results later this week. Irrespective of NAB's individual circumstances, notably AUSTRAC's 2021 major banks in Australia risk assessment labelled the overall money laundering and terrorism financing risk for the industry as ...

Super's defense against economic volatility

ANDREW MCKEAN  |  FRIDAY, 29 APR 2022
... minister and Cbus chair Wayne Swan called superannuation a great triumph of social-democratic policy as it's become a major source of social stability. The world has become a more dangerous place, its politics more populist and a further disparity ...

CPI sees greatest jump since 2000

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... by the end of the year. Hayden Groves, president of the Real Estate Institute of Australia, said the data foreshadows a major decline in housing affordability as increases to the cash rate are now imminent, placing pressure on mortgages and impacting ...

AMP offloads remainder of Collimate Capital

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
AMP will sell Collimate Capital's international infrastructure equity business to DigitalBridge Investment Holdco for $700 million. DigitalBridge Investment Holdco is a wholly owned subsidiary of DigitalBridge Group, a Florida-based private equity and ...

Australian economy outperforms: Austrade

CHLOE WALKER  |  WEDNESDAY, 27 APR 2022
... fully reopened in February 2022." Meanwhile, Australia's household consumption is expected to improve as restrictions ease. Major tax incentives should also trigger the strongest boost in business investment since the mining boom, it said. Australia's ...