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Showing 181 - 190 of 4269 results for "Yesterday"

Inflation problem is homegrown: Bullock

KARREN VERGARA  |  FRIDAY, 24 NOV 2023
... continue to do so if prices continue to elevate. In analysing the RBA's November 7 minutes, which were released yesterday, GSFM investment strategist Stephen Miller said the "board retains a moderate tightening bias". The RBA seems to be seeking ...

Praemium plummets on weak financial outlook

ANDREW MCKEAN  |  THURSDAY, 23 NOV 2023
Praemium's stock tumbled following a projected revenue margin decline and higher operating costs announced at yesterday's 2023 annual general meeting. The wealth platform updated its financial outlook indicating that its average revenue margin ...

Colonial First State enhances FirstChoice with Elemnta

CHLOE WALKER  |  TUESDAY, 21 NOV 2023
... Green said. The news comes as CFS added the GQG Partners global equity AUD hedged strategy on its FirstChoice platform yesterday. The strategy invests in high-quality companies with attractively priced future growth prospects in both developed and emerging ...

Objective of super bill lands in parliament

ANDREW MCKEAN  |  FRIDAY, 17 NOV 2023
... dignified retirement for more Australians. The Superannuation (Objective) Bill 2023, which was introduced to Parliament yesterday, defines the objective of super as "to preserve savings to deliver income for a dignified retirement, alongside government ...

Count, Diverger forge ahead with acquisition

KARREN VERGARA  |  FRIDAY, 17 NOV 2023
... Count is offering a 40 cents cash consideration (up from 36.7 cents) and a scrip consideration of 1.44 (up from 1.38). Yesterday, COG withdrew its $27 million offer, yet still believed that its $1.4083 per share proposal was superior. Instead, it announced ...

Settlement approved in AMP shareholder class action

JAMIE WILLIAMSON  |  WEDNESDAY, 15 NOV 2023
... settlement that was reached in the long-running fees-for-no-service class action against AMP was approved by a judge yesterday. The class action was filed in June 2018 and came on the back of misconduct made public by the Royal Commission. An amended ...

COG drops bid for Diverger

CASSANDRA BALDINI  |  WEDNESDAY, 15 NOV 2023
... including if the situation in respect of Diverger's major shareholders changes," it advised. Addressing shareholders yesterday, Count chief executive Hugh Humphrey said the Diverger transaction is highly complementary to its existing business is ...

Magellan cops first strike for remuneration

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
Almost 60% of Magellan Financial Group's shareholders rejected the company's remuneration report at yesterday's annual meeting, registering a first strike. More than 58% of Magellan's shareholders voted against the report on executive pay following ...

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... (RBA) hiked the cash rate to 4.35% as it continues to grapple with subduing inflation. RBA governor Michele Bullock yesterday pushed up the base rate by another 25 basis points, saying that while inflation in Australia passed its peak, it "is still too ...

GQG makes official bid for PAC

CHLOE WALKER  |  THURSDAY, 2 NOV 2023
... In late September Regal walked away, saying it had been "consistently disappointed" in dealing with the fund manager. Yesterday, PAC said its independent board committee (IBC) considers GQG's proposal to represent an attractive value outcome for ...