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Showing 1591 - 1600 of 14210 results for "Interest"

Westpac reports $7.2bn profit

KARREN VERGARA  |  MONDAY, 6 NOV 2023
Soaring interest rates bolstered Westpac home and business loan books which ultimately saw the bottom line jump by 26% to $7.2 billion. The major bank's full-year performance to September reaped from $70 billion worth of home loans that transitioned ...

Link revises financial reports after ASIC review

ANDREW MCKEAN  |  FRIDAY, 3 NOV 2023
... regulator frequently conducts risk-based reviews of financial statements from selected listed companies and other key public interest entities.

RW Capital launches Pets Fund

CHLOE WALKER  |  FRIDAY, 3 NOV 2023
The White family office has launched a $40 million capital raise for a new investment fund in the pet accommodation sector. The RW Capital Pets Fund plans to invest in a series of pet boarding facilities nationwide and will partner with Pet Resorts ...

Hollywood strike plays havoc with film fund

CASSANDRA BALDINI  |  FRIDAY, 3 NOV 2023
The AEP Screen Fund has not been able to raise a single dollar due to the ongoing strike action in Hollywood, but GSFM chief executive Damien McIntyre is confident the money will pour in once a deal between actors and production companies is signed. ...

E-commerce giant retreats from super

JAMIE WILLIAMSON  |  THURSDAY, 2 NOV 2023
... "no frills, ultra-low fee" superannuation fund. The product launched just shy of a year later in August 2019, drawing interest as an index-only superannuation offering. At the time, it said the fund would leverage Kogan's digital efficiency, blending ...

Janus Henderson to delist from ASX

ANDREW MCKEAN  |  THURSDAY, 2 NOV 2023
Janus Henderson is set to delist from the ASX, saying the proportion of capital held through CHESS Depository Interests (CDIs) has "declined significantly." The investment manager, which anticipates delisting from the ASX on December 6, has seen its ...

Hejaz rolls out Australia's first Sukuk ETF

ANDREW MCKEAN  |  THURSDAY, 2 NOV 2023
... from the Bloomberg Global Aggregate USD Sukuk index. Distinct from traditional bonds that generate yield through debt interest, Sukuk are asset-backed financial certificates. Their value appreciates based on the growth of the underlying asset, rather ...

GQG makes official bid for PAC

CHLOE WALKER  |  THURSDAY, 2 NOV 2023
Pacific Current Group (PAC) confirmed it received a buyout offer from global fund manager GQG Partners (GQG), valuing the firm at $567.3 million. PAC had been the subject of an initial buyout offer of $388 million by Regal Funds Management (Regal) and ...

Investor associations to unite

CHLOE WALKER  |  THURSDAY, 2 NOV 2023
Retail investor advocates the Australian Shareholders' Association (ASA) and the Australian Investors' Association (AIA) are planning to consolidate next year. The boards of both groups have agreed to the amalgamation, with the AIA to close its organisation ...

Prosperity merges with accounting firm

KARREN VERGARA  |  WEDNESDAY, 1 NOV 2023
... Prosperity. Prosperity founder and chief executive Allan McKeown said P+Y's "strong reputation meant there was considerable interest in their firm from all the major players". "It is testament to Prosperity's culture and business model that Brenden and ...