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Showing 171 - 180 of 2052 results for "Premium"

Diverger makes $65m bid for Centrepoint Alliance

JAMIE WILLIAMSON  |  FRIDAY, 24 JUN 2022
... maximum consideration for both would total $31.8 million and $31.8 million, respectively. The offer price represents a 30% premium on Centrepoint's closing price on June 22 and 29.8% premium on the volume weighted average price of the last six months. ...

Centuria sets up new agriculture fund

CHLOE WALKER  |  THURSDAY, 23 JUN 2022
... following our merger with Primewest in July 2021 and we intend to expand this vertical to capitalise on the growing demand for premium agricultural products." "Strong fundamentals that underpin the sector include population growth forecasts, which increase ...

Life Code update expands consumer protections

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JUN 2022
The latest iteration of the Life Insurance Code of Practice features more than 50 new consumer protections, including a ban on blanket mental health exclusions and greater limits on surveillance. The updated Code follows consultation with industry ...

SCA buys Centuria shopping centre portfolio

CHLOE WALKER  |  MONDAY, 20 JUN 2022
... Australia. For Centuria, the divestments will generate about $5.7 million in performance fees. The sale price represented a 24% premium to book value. "These daily needs retail neighbourhood shopping centres have proved resilient throughout the past ...

Retirees doing it tough: ASFA

CHLOE WALKER  |  THURSDAY, 2 JUN 2022
ASFA's latest insights show the annual increase in the cost of living for some retirees is the largest seen in 12 years. According to ASFA's Retirement Standard figures for the March quarter, Australians aged around 65 living a comfortable retirement ...

Charter Hall, VFMC commence $460m office build

CHLOE WALKER  |  THURSDAY, 2 JUN 2022
... are continuing to see a flight-to-quality across our office market nationwide, with our valued tenant customers seeking premium workplaces where their teams can be inspired by open and collaborative spaces, sustainability credentials and premium amenity," ...

Pallas Capital introduces feeder fund

CHLOE WALKER  |  THURSDAY, 26 MAY 2022
... Capital in November 2021, has a funding total of $588 million. PFT invests only in registered first mortgages secured over premium real estate assets with each loan having a maximum loan to value ratio of 65% (or 70% in the case of investment loans). ...

Industry groups welcome Labor government

ANDREW MCKEAN  |  MONDAY, 23 MAY 2022
The Anthony Albanese-led Labor government has been congratulated on its election victory by the Insurance Council of Australia (ICA) and Association of Superannuation Funds of Australia. On the morning Albanese was sworn in as the 31 st prime minister ...

Risk inflows hit $17.6bn last year: Analysis

JAMIE WILLIAMSON  |  MONDAY, 16 MAY 2022
... Market leaders TAL (7.5%) and AIA (7.3%) saw above average (5.5%) inflow growth. There was a 2.2% growth in total new premium sales, with BT/Westpac, TAL and Zurich all recording double digit increases in sales; BT/Westpac's was substantial at 25%. However ...

Cbus announces changes to admin fees, premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 11 MAY 2022
Following on from the completion of its merger with Media Super, Cbus will shave its administration fees by 25%. However, at the same time, some members will begin paying more for death and TPD. The reduction in the dollar-based administration fee will ...