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Showing 1771 - 1780 of 14210 results for "Interest"

RBA sustains cash rate at 4.1%

KARREN VERGARA  |  TUESDAY, 1 AUG 2023
... continue to do so. "In light of this and the uncertainty surrounding the economic outlook, the board again decided to hold interest rates steady this month. This will provide further time to assess the impact of the increase in interest rates to date ...

FinClear buys cash investment platform

JAMIE WILLIAMSON  |  TUESDAY, 1 AUG 2023
... diversified across numerous banks. FinClear said this gives its clients a readily available solution, accessing high interest term deposits without administrative burden. Under the deal, the Transact1 team will continue to be based in Brisbane and led ...

Goldman Sachs launches global infra feeder fund for Aussie investors

CASSANDRA BALDINI  |  MONDAY, 31 JUL 2023
... headwinds, heightened uncertainty, and high inflation." According to Camu, Australian clients have shown a particular interest but were shut off from accessing global opportunities. "There's a lot of access already to domestic infrastructure but ...

AZ NGA acquires stake in Sydney advice firm

CASSANDRA BALDINI  |  MONDAY, 31 JUL 2023
AZ NGA has acquired an economic interest of 42% in Foster Raffan iPlan, to support the business in its growth and expansion endeavours. Based in North Sydney, Foster Raffan iPlan specialises in wealth management and retirement planning and is led by ...

Review forces ASX to fix intra-group conflicts

KARREN VERGARA  |  MONDAY, 31 JUL 2023
... fallout of the bungled CHESS replacement saga will force the ASX to implement 13 recommendations to manage conflicts of interest among its subsidiaries. The review, conducted by Herbert Smith Freehills (HSF), found prevalence of conflicting commercial ...

Charter Hall offloads UNSW asset

CHLOE WALKER  |  MONDAY, 31 JUL 2023
Charter Hall's Direct PFA fund has divested its leasehold interest in UNSW Kensington for $80 million to meet investor redemption requests. The office building, located at 221-227 Anzac Parade in Kensington, is leased by the University of New South ...

Aware Super details new term deposit option

JAMIE WILLIAMSON  |  MONDAY, 31 JUL 2023
... option for fees and premiums to be deducted. In detailing the offering, Aware also outlined the tax benefits, being that interest on term deposits in the super system is taxed at a maximum of 15c per dollar, or not taxed at all for pension members. According ...

Advice from Shartru failed best interests duty, ASIC says

JAMIE WILLIAMSON  |  MONDAY, 31 JUL 2023
ASIC has imposed additional licence conditions on dealer group Shartru Wealth Management, saying representatives have not been adequately supervised, leading to some financial advice provided failing the best interests duty. The additional conditions ...

NGS ahead of schedule on net zero strategy

RACHEL ALEMBAKIS  |  FRIDAY, 28 JUL 2023
... a few scenarios we're playing around with around the timing of those things, but it always comes back to the best interest test." NGS expects to have its decarbonisation process and results audited by KPMG in October.

Perpetual reports $212bn in AUM

ANDREW MCKEAN  |  THURSDAY, 27 JUL 2023
... experienced mandate losses from a client in each of JO Hambro Capital's International Select strategy and Pendal's Fixed Interest strategy respectively which contributed to Group net outflows." Meanwhile, wealth management's total funds under advice ...