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Showing 1791 - 1800 of 14210 results for "Interest"

Treasury to 'modernise' individual tax residency rules

KARREN VERGARA  |  MONDAY, 24 JUL 2023
Treasury is proposing to revamp individual tax residency rules with a two-pronged approach and has opened up the changes for consultation. Under the new regime, the federal government intends to modernise and simplify the rules following a review from ...

Major economies buoyed by tight jobs market

KARREN VERGARA  |  FRIDAY, 21 JUL 2023
... We had been expecting the unemployment rate to be higher than it is by now, given the contractionary impact of higher interest rates." The labour market in the US also shows no signs of abating. "The unemployment rate remains historically low, job openings ...

APRA toughens stress testing frequency, valuation stance

KARREN VERGARA, RACHEL ALEMBAKIS  |  FRIDAY, 21 JUL 2023
The prudential regulator is reinforcing the importance of superannuation funds to conduct more rigorous and frequent stress testing amid the fracas over valuations in the property sector. In updating Prudential Practice Guide SPG 530 Investment Governance ...

IFM drops $50m on local infrastructure player

CASSANDRA BALDINI  |  FRIDAY, 21 JUL 2023
IFM Investors has backed utilities and communications provider Smart Urban Properties Australia (SUPA), making a $50 million investment. The global fund manager said it entered into a binding agreement with SUPA Group, which provides dual energy infrastructure ...

Regulators begin FAR consultation

CHLOE WALKER  |  THURSDAY, 20 JUL 2023
APRA and ASIC have commenced an early consultation on the Financial Accountability Regime (FAR), calling for input from ADIs, insurers and super trustees. Together, the regulators have released key materials for consultation to support the timely implementation ...

Equip Super sets sights on being different

JAMIE WILLIAMSON  |  WEDNESDAY, 19 JUL 2023
... growth assets such as shares, property, and infrastructure, with the balance invested in more stable assets like fixed interest and other defensive assets," Equip Super said. The option, as it was prior to the July 1 change, achieved a return of 11.18% ...

PE success all about fund selection: Rest

CASSANDRA BALDINI  |  WEDNESDAY, 19 JUL 2023
Australia's private equity market solidified its position as the fastest-growing sector to boost private capital markets in 2022, following a raising of about $9 billion. When hunting returns off the back of its success, Rest head of private equity ...

Lendlease, Daiwa House strike BTR deal

CHLOE WALKER  |  WEDNESDAY, 19 JUL 2023
... will develop, construct and act as the investment manager for the Melbourne Quarter development and will retain a 25% interest in the development. The building is expected to home 14,000 workers and more than 3800 residents on completion in early 2026. ...

UniSuper rides tech tailwinds to strong returns

JAMIE WILLIAMSON  |  TUESDAY, 18 JUL 2023
... up FY23 with -9%. "The fall was in part a correction from a very strong rally, and also a negative reaction to higher interest rates. The current share price looks well supported with a of yield of 5.5%, expected to grow by 3% p.a.," Pearce explained. ...

Further tightening of monetary policy may be required: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
... economies and the recent experience of those countries highlighted the upside risks to inflation and the outlook for interest rates," it added. On the flip side, the RBA acknowledged mortgage repayments were around a record high in May, inflation is ...