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Showing 201 - 210 of 846 results for "Buyer"

Real estate proves resilience: CoreLogic

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
The residential real estate market has proved resilient in the face of the economic shutdown caused by COVID-19, according to CoreLogic's 2020 Best of the Best report. Australia's $7.2 trillion real estate market was upheld by the top end, with luxury ...

AMP appoints advice transformation manager

ELIZABETH MCARTHUR  |  TUESDAY, 8 DEC 2020
... network. A class action was filed in July against AMP by its own advisers in relation to the institutions decision to slash Buyer of Last Resort valuations. AMP is also in the midst of a portfolio review, with a takeover bid from Ares Management valuing ...

Land tax favourable over stamp duty: Survey

ELIZA BAVIN  |  MONDAY, 30 NOV 2020
An annual land tax is a preferable replacement for stamp duty, according to a survey by Finder. Of the 40 experts and economists surveyed by Finder found nine in 10 were in favour of the proposed ditching of stamp duty. In November, the NSW state government ...

ASX runs into trouble again

KANIKA SOOD  |  WEDNESDAY, 18 NOV 2020
After Monday's outage, the ASX was in trouble again yesterday as its Centre Point matching system closed off participants from using Chi-X bids and offers. The Centre Point is an anonymous matching system that matches buyers and sellers at the mid-point ...

Asset managers want action on modern-day slavery

KARREN VERGARA  |  THURSDAY, 12 NOV 2020
Asset management heavyweights are urging the nation's top 100 companies to take modern-day slavery and labour exploitation seriously by lifting the hood on their supply chains. The Investors Against Slavery and Trafficking (IAST) APAC, a newly-formed ...

Ord Minnett acquires E.L. & C. Baillieu

ELIZA BAVIN  |  FRIDAY, 6 NOV 2020
... back IOOF's 70% stake in its business for $115 million. IOOF announced the completion of the sale and confirmed the buyer was a consortium of investors led by current Ord Minnett executives. IOOF announced it was divesting its stake in Ord Minnett ...

ASIC to curb huge CFD losses

KARREN VERGARA  |  FRIDAY, 23 OCT 2020
... million (compared with 41,000 accounts owing $33 million over the full year of 2018). A CFD is contract between a seller and a buyer, typically made with borrowed or leveraged funds, betting on the entry and closing price of financial instruments like ...

BOQ sells insurance business

ELIZA BAVIN  |  WEDNESDAY, 14 OCT 2020
... said the sale of St Andrew's represents an important strategic milestone for the bank. "We are delighted to have secured a buyer that has a long term vision for the business which includes meeting the continued obligations of policyholders," Frazis said. ...

Powerwrap delists, Praemium takes over

ANNABELLE DICKSON  |  MONDAY, 12 OCT 2020
Managed accounts platform Powerwrap has de-listed from the ASX and its chief executive and board have stepped down following the acquisition by Praemium. In the next move of the off-market takeover, Praemium made payment of the 94% in acceptances on ...

Funding for housing to decrease

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
The government announced it would increase funding in housing and community amenities by 32.2% in 2020-21, but will then reduce that spending by 35.5% by 2023-24. It said the decrease will be primarily driven by the ending of the COVID-era HomeBuilder ...