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Showing 1971 - 1980 of 14210 results for "Interest"

Industry fund merger advances

ANDREW MCKEAN  |  FRIDAY, 21 APR 2023
Two industry superannuation funds have reached a key milestone, signing a Heads of Agreement to form a combined fund that will manage $20 billion. Mine Super and TWUSUPER have progressed in their merger process, which began in December 2022 with the ...

RBA appointments prompt debate

CASSANDRA BALDINI  |  FRIDAY, 21 APR 2023
... sorts of changes will be of little relevance to Australian households and businesses struggling with rising mortgage interest rates and broader economic pressures. "That will depend on the people who make those decisions, the quality of their analysis ...

Modern slavery on the rise a decade on from Rana Plaza

RACHEL ALEMBAKIS  |  FRIDAY, 21 APR 2023
... to join unions, because feel as though the unions have ulterior motives. "If I were a retailer, I'd have a vested interest that the factories I work with have union membership." However, few retailers encourage freedom of association, part of a pattern ...

MA Financial buys marinas, launches fund

CHLOE WALKER  |  THURSDAY, 20 APR 2023
... leisure, and tourist businesses on site. As a cornerstone investor, Balmain will participate in the fund with an initial interest of 30%. MA Financial joint chief executive Julian Biggins said the acquisition of the marina portfolio is a natural fit ...

Mantis to distribute Isola Fullerton fund

CHLOE WALKER  |  THURSDAY, 20 APR 2023
... diversified portfolio of global private equity, venture capital and private credit strategies. "There is strong and growing interest from private clients and their advisors in alternative investments," Mantis Funds partner and head of distribution Damien ...

Review calls for Reserve Bank overhaul

JAMIE WILLIAMSON  |  THURSDAY, 20 APR 2023
A major overhaul is in store for the Reserve Bank of Australia, with the widely anticipated review putting forth 51 recommendations, with particular consideration given to how cash rate decisions are made. Released today, An RBA fit for future comes ...

GAM, Liontrust in merger talks

JAMIE WILLIAMSON  |  WEDNESDAY, 19 APR 2023
Fund manager GAM has confirmed it is talks with UK asset manager Liontrust Asset Management over a potential sale. In a short announcement to shareholders, GAM added that it is also in similar discussions with others. It said it is "working tirelessly ...

Apple dives deeper into financial services

CASSANDRA BALDINI  |  TUESDAY, 18 APR 2023
Apple and Goldman Sachs have launched their long-awaited high-yield savings account in the US which offers 4.15% interest rates. The account, which boasts a rate that's 10 times the US national average, is the latest move in a string of tech giants ...

Purpose of pause to gather more data: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 APR 2023
... options. It said board members discussed the uncertainties surrounding the impact that historically rapid increase in interest rates would have on the economy. "Members first discussed the case for a further 25 basis point increase in the cash rate target ...

Brighter Super forges ahead with SFT

KARREN VERGARA  |  MONDAY, 17 APR 2023
... in Australia. It does add extra complexity to harmonise products, but bringing that transition forward is in the best interest of all members and will set the fund up very well for the future. I think this transaction will demonstrate that the industry ...