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Showing 181 - 190 of 3113 results for "November 17"

NAB forecasts 50bp rate cut in May

ELIZA BAVIN  |  THURSDAY, 10 APR 2025
NAB chief economist Sally Auld said the Reserve Bank of Australia (RBA) may deliver a 50bps interest rate cut when it meets again in May. Auld said headwinds from the global environment have intensified, but conceded large amounts of uncertainty remain. ...

Lakehouse Capital lists first fund on ASX

ANDREW MCKEAN  |  MONDAY, 7 APR 2025
Boutique investment manager Lakehouse Capital, which manages $600 million, has listed its Global Growth Fund on the ASX today, its first publicly traded offering. Lakehouse Capital co-founder and chief investment officer Donny Buchanan said that listing ...

TAL takes 15% stake in Challenger

KARREN VERGARA  |  MONDAY, 7 APR 2025
MS&AD Insurance Group Holdings has sold its entire 15.1% stake in Challenger to TAL. TAL, together with its parent company Dai-ichi Life Holdings, acquired the minority interest at $8.46 per share - marking a 53% premium to Challenger's closing ...

Adviser exam pass rate declines

MATTHEW WAI  |  MONDAY, 7 APR 2025
ASIC has released the results of the 28 th Financial Adviser Exam, held on March 6. Of the 241 candidates to sit the exam, 177 passed, representing 73.4% of the cohort. Of those 241 candidates, 175 (72.6%) sat the exam for the first time. The pass rate ...

Platinum funds merger to go ahead

ELIZA BAVIN  |  MONDAY, 7 APR 2025
Platinum Asia Investments (PAI) has rejected a non-binding indicative proposal from the PM Capital Global Opportunities Fund and will move forward with plans to merge with the Platinum Asia Fund Complex ETF (PAXX). PAI's independent board reviewed both ...

EQT closes flagship infra fund at $37bn

MATTHEW WAI  |  WEDNESDAY, 2 APR 2025
EQT Infrastructure VI raised €21.5 billion (AU$37 billion) in total commitments, exceeding the €20 billion target. The capital raising includes the €21.3 billion in fee-generating assets under management and builds on EQT Value-Add Infrastructure's ...

iExtend appoints chief operating officer

ELIZA BAVIN  |  WEDNESDAY, 2 APR 2025
iExtend has appointed Michael Hull as chief operating officer with the aim to enhance its operational frameworks and to ensure compliance and regulatory standards continue to be delivered as the business grows. Hull brings a broad business background ...

RBA flags concerns over 'geopolitical uncertainties'

ELIZA BAVIN  |  WEDNESDAY, 2 APR 2025
The Reserve Bank of Australia (RBA) left interest rates unchanged at 4.1% at the April meeting - coming as little surprise to markets and economists. However, the central bank flagged ongoing uncertainty amid fears US tariffs could impact global growth. ...

Queensland adviser banned for five years

MATTHEW WAI  |  MONDAY, 31 MAR 2025
A Queensland financial adviser has been banned by ASIC for failing to act in the best interests of his clients and failing to prioritise their interests. Grant Thomson is banned from providing financial services, controlling an entity that carries on ...

Government makes record commitment to Medicare

MATTHEW WAI  |  TUESDAY, 25 MAR 2025
Handing down the Federal Budget, Treasurer Jim Chalmers said the government is reducing all prescriptions available through the pharmaceutical benefits scheme (PBS), as well as investing a "record" $7.9 billion in Medicare to lift bulk billing rates. ...