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Showing 131 - 140 of 37965 results for %22Australia%22

Bitcoin investing is on the rise, but more regulation is needed

ELIZA BAVIN  |  WEDNESDAY, 27 MAR 2024
... to adopt on-chain monitoring of transactions are part of Zeng's regulatory wish list. As a director of Blockchain Australia, Australia's peak Blockchain industry body, Zeng identified three policy areas for attention: Narrow scoping of custody ...

PE deals tumble again, down 63%: Bain & Company

KARREN VERGARA  |  TUESDAY, 26 MAR 2024
... underscoring another tough period for the asset class that raised just US$147 billion last year, plunging 59% from 2021. Australia and New Zealand specifically produced only two megadeals as opposed to nine in 2022: Advent International's US$1.2 ...

Threats outside the Australian financial system build: RBA

ANDREW MCKEAN  |  TUESDAY, 26 MAR 2024
... in the Chinese property sector could interact with existing macro-financial vulnerabilities, that could spill over to Australia. "The key channels of transmission of financial stress in China to Australia would likely be via a slowing in global economic ...

T. Rowe Price launches bond fund

KARREN VERGARA  |  TUESDAY, 26 MAR 2024
... Australian unit trust for wholesale and institutional investors. T. Rowe Price head of distribution and country head for Australia and New Zealand Darren Hall said over many years, much of the return from bond markets has been made by steadily falling ...

UniSuper appoints new head of fixed interest

ANDREW MCKEAN  |  TUESDAY, 26 MAR 2024
... portfolios such as the first global ESG bond fund. Before Omega, he was the head of fixed interest at Vanguard Investments Australia, where he managed over $20 billion in assets and launched several new funds and strategies. Additionally, he served as ...

Platypus AM appoints new chief executive

ELIZA BAVIN  |  TUESDAY, 26 MAR 2024
... from managing $40 million in assets in 2003 to some $5 billion in assets and funds under advice on behalf of some of Australia's largest institutions and super funds." Black also welcomed Stevanovic's appointment as Adamson's replacement. "The board ...

Calls for fresh 5% hike to minimum wage

ELIZA BAVIN  |  TUESDAY, 26 MAR 2024
... levels. It would also have "no negative impact on inflation", the ACTU said, partly because the wages and hours of some of Australia's lowest paid workers are modest. Last year was the biggest increase to the minimum wage in over 40 years, and inflation ...

Director facing $13k fine in first of its kind action from ASIC

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
The Australian Securities and Investments Commission (ASIC) has commenced the first prosecution action against a director for failing to comply with the obligation to have a director identification number (director ID). ASIC did not name the director ...

Perpetual awards State Street subsidiary a major mandate

ANDREW MCKEAN  |  MONDAY, 25 MAR 2024
... "This is an important partnership that ensures the streamlining and simplification of front office operations within Australia on a single OMS platform with Charles River," Squires said. "Charles River has proven solutions supporting a multi-boutique ...

Why this fundie sees the economy making a hard landing

ANDREW MCKEAN  |  MONDAY, 25 MAR 2024
... cashflows are the biggest risks to the downside," Birtles said. He also noted that with 1.5% annual real GDP growth in 2023, Australia experienced its third worst annual reading in 30 years, worse than during the GFC, but ahead of the 2000 post-tech ...