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Showing 1411 - 1420 of 6020 results for "Credit"

Profit boost for CBA, ups remediation bill

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
... guide, we estimate the buyback will be worth approximately $121.63 per share for tax-exempt investors, including a franking credit component of $29.99. This will represent a premium of around 14% to the market price of CBA today for a tax-exempt Australian ...

La Trobe unveils two income products

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
... investors. The expansion of our investment product range reflects our commitment to our investment strategy within the property credit asset class. Additionally, it demonstrates our ability to supply low volatility income investments to our investors ...

Westpac sells life insurance unit

KARREN VERGARA  |  MONDAY, 9 AUG 2021
Westpac has agreed to offload its life insurance business to TAL Dai-ichi Life Australia for about $900 million. Westpac is due to make a $1.3 billion post-tax loss from the sale. The cash consideration of $900 million includes ongoing payments to Westpac ...

Single disciplinary body consultation opens

KARREN VERGARA  |  FRIDAY, 6 AUG 2021
... consultations on the highly anticipated Better Advice Bill in a bid to iron out the details on how the Financial Services and Credit Panel will operate. This afternoon, the Morrison government asked for feedback relating to two core aspects of the bill. ...

Top franked stock picks: Morningstar

ELIZABETH MCARTHUR  |  FRIDAY, 6 AUG 2021
Morningstar has released a list of 10 franked income stocks from its Australian and New Zealand coverage which pay very attractive dividends. "The Reserve Bank of Australia's indication that its target cash rate won't increase until at least ...

Former QIC managing director joins Northleaf

JAMIE WILLIAMSON  |  THURSDAY, 5 AUG 2021
... presence in Australia. Globally, Northleaf has about $23 billion in funds under management across private equity, private credit, and infrastructure commitments. "This is a unique opportunity to join a leading institutional asset manager with a compelling ...

Redpoint launches equity income fund

KARREN VERGARA  |  WEDNESDAY, 4 AUG 2021
Boutique Redpoint Investment Management has launched a fund targeting strong dividend-paying Australian companies. The Redpoint Australian Equity Income Fund aims to outperform the S&P/ASX 200 Accumulation Index (Total Return) over a three to five-year ...

News Corp grows Dow Jones with acquisition

ANNABELLE DICKSON  |  TUESDAY, 3 AUG 2021
News Corp is expanding Dow Jones by entering into an agreement to acquire the Oil Price Information Service (OPIS) from S&P Global and IHS Markit. OPIS will fold into Dow Jones' Professional Information Business (PIB) which includes Dow Jones Risk & ...

AustralianSuper appoints head of private credit

KANIKA SOOD  |  WEDNESDAY, 28 JUL 2021
AustralianSuper wants to triple its investment in private credit to $15 billion in next three years, as it announces a new head for the asset class. The fund has promoted Nick Ward to head of private credit. He was previously a senior portfolio manager. ...

CSLR raises concern among advisers

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
... out that the products and services covered by the new law is "very narrow". Draft documents mention financial advisers, credit providers, credit intermediaries, insurance distributors, and securities dealers. However, deposit products, superannuation ...