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Showing 191 - 200 of 816 results for "Settlement"

Westpac settles BT Super class action

CASSANDRA BALDINI  |  MONDAY, 19 DEC 2022
Westpac has reached a $29.95 million settlement in a class action relating to the bank's subsidiaries, BT Funds Management Limited and Westpac Life Insurance Services Limited. Tens of thousands of Australians may receive compensation following the ...

Regulators urge ASX to maintain CHESS

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
... operator of a licensed market infrastructure for the purposes of auditing the support and maintenance of a clearing and settlement system. ASIC chair Joe Longo commented that CHESS is a critical financial market infrastructure of Australia. "ASIC's ...

Australian Unity sells Macquarie Park asset for $68.8m

CHLOE WALKER  |  TUESDAY, 13 DEC 2022
The Australian Unity Investment Office Fund (AOF) has offloaded a Northern Sydney office and warehouse complex at a 10% premium to book value. The sale of 2 Eden Drive in Macquarie follows the $73 million sale of a 30 Pirie Street property Adelaide ...

Colonial First State adds 17 new funds to FirstChoice platform

ANDREW MCKEAN  |  THURSDAY, 1 DEC 2022
Colonial First State (CFS) has significantly expanded its FirstChoice menu, adding a range of ETF exposures, fixed interest, and sustainability strategies. Following the addition of the 17 new funds, the FirstChoice platform has reached the largest ...

Goldman Sachs charged over ESG failures

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022
... portfolios for sustainable, long-term value creation that helps its clients meet their investing needs." News of the settlement came just hours after the US Department of Labor allowed US-based retirement plans to consider climate change and other ESG ...

Link Group offloads PEXA stake

ANDREW MCKEAN  |  MONDAY, 21 NOV 2022
... $101.9 million, with the net proceeds to be used to pay down debt. The PEXA selldown was executed at $13.50 per share; settlement is expected to occur on November 23. The total leverage ratio (TLR) of Link (pre-PEXA selldown) and pro forma TLR of Link ...

ANZ to pay $42m in insurance lawsuit

CASSANDRA BALDINI  |  MONDAY, 14 NOV 2022
... million to settle a class action regarding consumer credit insurance (CCI) products. Commonwealth Bank has also reached a settlement for a similar matter. Slater and Gordon filed the class action against ANZ, OnePath Life, OnePath General Insurance ...

ASIC welcomes second ASX market resilience consultation

CASSANDRA BALDINI  |  TUESDAY, 1 NOV 2022
... provided by third-party vendors. The changes run alongside important amendments, including the replacement of the CHESS settlement system, Cboe's technology upgrade, and the implementation of new Market Integrity Rules which will come into effect next ...

Melissa Caddick's home sells

JAMIE WILLIAMSON  |  MONDAY, 31 OCT 2022
... until today. Jones Partners principal Bruce Gleeson added that the sale price will not be disclosed until the 12-week settlement period has occurred. "However, we believe the sale price achieved is a strong result given the current market conditions ...

Cromwell sells stake in LDK

CHLOE WALKER  |  FRIDAY, 7 OCT 2022
... continuing to deliver villages where our LDK residents feel a true sense of belonging in this new chapter with Anglicare." Settlement of the sale is anticipated to be on October 10.