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Showing 171 - 180 of 1718 results for "Minimum"

abrdn closes hedge fund

KARREN VERGARA  |  FRIDAY, 6 SEP 2024
... told investors. The strategy had just $2.65 million as at July 31 and charged a 1.29% management fee. The fund required a minimum investment amount of $50,000. MSC Trustees was the trustee of the fund, along with nine other abrdn funds.

More to do in the fight against inflation: Chalmers

ELIZA BAVIN  |  TUESDAY, 3 SEP 2024
... out tax cuts for every taxpayer, energy rebates for every household and a million small businesses, and a wage rise for minimum wage earners and more help is on the way from this month." From this month, the maximum rates of Commonwealth Rent Assistance ...

Clime posts $3.8m loss

ANDREW MCKEAN  |  FRIDAY, 30 AUG 2024
... "promising turnaround" for the company's outlook. Clime reported that it's returned to profit and is targeting a minimum $2 million annual operating profit. It said this confidence stems from a "significant reduction in operating costs" that ...

South Africa readies 'two pot' pension system

MATTHEW WAI  |  WEDNESDAY, 28 AUG 2024
... financial distress before retirement. There is no set limit to how much an individual can access in the second pot, but a minimum of R$2000 (AU$166) is required to be withdrawn each transaction. Only one withdrawal can be made per year, and it will be ...

Pacific Current sees profits up 24%

ELIZA BAVIN  |  FRIDAY, 23 AUG 2024
... ensuring continuity of portfolio management of PAC's portfolio. The agreement externalising investment management will last a minimum of two years but can be extended at PAC's discretion." Looking forward, PAC said it expects to continue the strong momentum ...

SEC seeks to shut down $450m Ponzi scheme

JAMIE WILLIAMSON  |  THURSDAY, 15 AUG 2024
... months for investing in land development projects. Burkhalter described it as a "bridge loan opportunity" that required a minimum investment of $30,000 (US$20,000). To do so, they were encouraged to use their savings, including those held in individual ...

Future Group joins campaign to ban gambling ads

MICHELLE BALTAZAR  |  WEDNESDAY, 14 AUG 2024
... from each media group by the end of the month. Hitting this target is critical to the campaign's success. It is the minimum number of shareholders necessary to pass a resolution at a company's annual general meeting (AGM). Those who want to sign ...

Wages grow 0.7% in June quarter

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
... tight labour market conditions, which points to further downside in public wages growth in the next year," Bui said. The minimum wage has increased in three consecutive years: 5.2% in 2022, 8.6% in 2023, and 3.75% in 2024. During the quarter, the ABS ...

Lanyon to launch ETMF on ASX

ELIZA BAVIN  |  FRIDAY, 26 JUL 2024
... ASX through stockbrokers or online trading platforms. Lanyon added that there is no additional onboarding required or minimum investment. "This is an exciting development for the fund, with improved accessibility for current and potential investors," ...

Industry funds defend CFMEU board ties

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
... basis. The fit and proper processes and controls are subject to an external review each year," Cbus said. CPS 250 sets out minimum requirements for APRA-regulated institutions in determining the fitness and propriety of individuals to hold positions ...