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Showing 121 - 130 of 11521 results for %22L1 Capital%22

QIC names next chair

JAMIE WILLIAMSON  |  MONDAY, 26 FEB 2024
... Queenslanders." Brunsdon joined the QIC board last year, bringing more than four decades' experience in financial services and capital markets. He currently also serves as chair of PayPal, MetLife Insurance, and Sims Metals. "His global mindset and broad ...

New chair for NZ Super Fund

JAMIE WILLIAMSON  |  MONDAY, 26 FEB 2024
... her place, John Williamson has been appointed chair of the $66 billion fund. He will also be chair of Elevate NZ Venture Capital Fund, which the Guardians also oversee. Williamson is the former chief executive of ACG Education and Hellaby Holdings, which ...

Warren Buffet honours Charlie Munger in Berkshire shareholder letter

ANDREW MCKEAN  |  MONDAY, 26 FEB 2024
... good economics that are fundamental and enduring, particularly favouring the "rare enterprise" that can deploy additional capital at high returns in the future. "Owning only one of these companies - and simply sitting tight - can deliver wealth almost ...

Iress sells platforms business

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... reported a $137 million loss in the first half of the 2024 financial year. It expects to gain $7 million in regulatory capital once the transaction finalises in April and will ultimately be used to retire debt. Iress chief executive Marcus Price said ...

HSBC wins $23bn in admin, custody mandates

JAMIE WILLIAMSON  |  FRIDAY, 23 FEB 2024
... markets. "HSBC's ongoing investment has enabled Perennial to consolidate listed managed funds, unit trusts and venture capital and private asset administration into a single platform, facilitating an enhanced service experience for Perennial clients ...

Bragg calls for another Financial System Inquiry, critiques ASIC, APRA

ANDREW MCKEAN  |  FRIDAY, 23 FEB 2024
Senator Andrew Bragg has called for another Financial System Inquiry (FSI) to address "structural problems" in the twin peaks of financial sector regulation, ASIC and APRA. In his speech to the Financial Services Council (FSC), Bragg argued that "clear ...

How will Division 296 Tax impact farmers?

CHLOE WALKER  |  THURSDAY, 22 FEB 2024
... that may require payment in years of low cash flow. "This is not an asset that farmers are generally holding to make a capital gain on down the track - it's something that is quite often passed to the next generation," Timms said. "Therefore, they ...

Proposed super tax requires perspective: Expert

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... comes to income earned in super, Heffron said "we are still better [off] in super even with Division 296." But in terms of capital growth, what members will "hate about Div 296" is the taxation of unrealised gains. If an asset is increasing in value ...

New caps can increase super contributions: SMSFA

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... year. "The only questions that remains is whether the government's proposal not to index the cap and to tax unrealised capital gains will survive the scrutiny of the senate cross bench," he said. "Although there might not be sufficient cross bench ...

ASX issues first corporate bond, underwritten by Westpac

ANDREW MCKEAN  |  THURSDAY, 22 FEB 2024
... managing director and chief executive Helen Lofthouse said. This initiative is a key component of the ASX's adaptable capital management strategy, she added.