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Showing 1991 - 2000 of 28255 results for "NOT"

Productivity Commission tasked with five new inquiries

ELIZA BAVIN  |  MONDAY, 16 DEC 2024
... falling to the lowest level in 60 years," Chalmers said. "Australia's productivity challenge has been an issue for two decades, not just two years, and will take time to turn around." Chalmers said the inquiries were designed to build on the government's ...

Hostplus' AFCA complaint response times lag

ELIZA BAVIN  |  MONDAY, 16 DEC 2024
... days for the quarter ending June 30 to make a death benefit payment after receiving the notification of death. The report did not include data on the industry average for these payments for comparison. The publication of the report comes as the fund ...

Renewable infrastructure opportunities for HNWIs

ELIZA BAVIN  |  FRIDAY, 13 DEC 2024
... has spent around $35 billion as a nation on renewable generation with around 40% renewable penetration, which while good is not enough. "If you think about government targets and where we're trying to be by the end of 2030, at sort of 82% renewable ...

TPG co-founder David Bonderman dies

JAMIE WILLIAMSON  |  FRIDAY, 13 DEC 2024
... the loudest person in the room, but often the smartest, David remained humble, once saying that his personal strength was 'Not knowing a lot about something but knowing enough to make a decent decision'." Bonderman graduated from the University of Washington ...

TCorp buys Euroclear stake from LSEG

JAMIE WILLIAMSON  |  FRIDAY, 13 DEC 2024
... London Stock Exchange Group (LSEG), which had held it since 2019. At that time, it paid about $457 million for it. LSEG did not say why it chose to sell, though it is currently undertaking a transformation project that involves divesting non-core assets. ...

ETF industry scales to new heights: VanEck

ANDREW MCKEAN  |  FRIDAY, 13 DEC 2024
According to the VanEck ETF Industry Pulse for November 2024, the Australian ETF industry reached a record $243 billion in funds under management, bringing it closer to $250 billion. This represents a 4.5% increase from October and a 42.5% rise from ...

Crypto operator to fork out millions after court ruling

ANDREW MCKEAN  |  FRIDAY, 13 DEC 2024
Bit Trade, the operator of the Kraken Exchange in Australia, has been slapped with an $8 million fine for "unlawfully issuing a credit facility to more than 1100 customers." Bit Trade offered a "margin extension" product, which allowed payments to be ...

Bain Capital bids for Insignia Financial

KARREN VERGARA  |  FRIDAY, 13 DEC 2024
... an article from the AFR claiming that Brookfield and Bain Capital were interested buyers. Insignia said at the time it was not aware of any offers from private equity firms. Today, Insignia addressed the ASX to confirm that it has indeed received an ...

Ares launches private markets fund

ANDREW MCKEAN  |  THURSDAY, 12 DEC 2024
Ares Management has launched a Private Market Fund (AUT), a locally domiciled unit trust to provide Australian wholesale clients access to Ares Private Markets Fund (AMPF) - as US registered management investment vehicle that's distributed through Ares' ...

Unemployment drops below 4%

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
... of around 0.3% between June and October 2024. "This month marks the first time in six months when hours worked growth did not match employment growth," Taylor said. "Despite the slight fall in hours worked in November, hours grew over the year in line ...