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Showing 201 - 210 of 2649 results for "Purchase"

Commonwealth to disclose climate risks in sovereign bonds

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023
The Commonwealth of Australia will disclose climate risk in sovereign bonds for the first time following the settlement of a world-first class action lawsuit. The case, filed in 2020 by retail investor Kathleen O'Donnell, was represented pro bono ...

Barwon snaps up $124m of healthcare assets

ANDREW MCKEAN  |  FRIDAY, 11 AUG 2023
... this asset class, which we are well positioned to provide to investors." In October, Barwon is also set to finalise the purchase of a day surgery at 87 Ipswich Road, Buranda, Queensland for $72 million. The Queensland Eye Institute will be the primary ...

Treasury kicks off managed investment scheme reforms

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
The $2.7 trillion managed investment scheme industry is set for a shakeup as a new review is proposing changes that include amending financial thresholds, and liquidity and insolvency requirements. Assistant treasurer Stephen Jones has opened consultations ...

Former director pleads guilty to super misuse

CASSANDRA BALDINI  |  FRIDAY, 4 AUG 2023
... also dishonestly used his position as a director of Secure Investments to withdraw over $550,000 from the company to purchase shares in a security company for his own benefit. Naseeruddin was originally arrested in 2020 and charged with dishonest conduct ...

ACCC slams door on ANZ, Suncorp deal

CASSANDRA BALDINI  |  FRIDAY, 4 AUG 2023
... pressures. "... and deliver significant public benefits, particularly in Queensland," he said. Last year, ANZ agreed to purchase Suncorp's banking arm, calling it a vote of confidence in Queensland's future. Following the proposal, the ACCC raised ...

QIC buys Packhorse's last pastoral property

CHLOE WALKER  |  TUESDAY, 1 AUG 2023
... above and below the ground." Stuart's Creek is the second acquisition for the QIC natural capital platform following the purchase of a 600-hectare irrigated sugar cane property in North Queensland last year. QIC noted both acquisitions were made possible ...

Charter Hall offloads UNSW asset

CHLOE WALKER  |  MONDAY, 31 JUL 2023
... Charter Hall from an unidentified Korean institution for approximately the same amount just two years ago. At the time of purchase, Charter Hall direct chief executive Steven Bennett said: "The opportunity to invest in the UNSW L5 Building is consistent ...

ASIC acts against illegal investment scheme operator

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
... opportunities, either personally or via their self-managed super fund, into a 'joint venture' development program for the purchase and development of real estate in Queensland, Victoria, New South Wales and South Australia. However, at no time ...

Inflation falls to 6%

CASSANDRA BALDINI  |  WEDNESDAY, 26 JUL 2023
The Consumer Price Index (CPI) has softened to 6%, however a further rate hike in August is not off the table. The Australian Bureaus of Statistics (ABS) said headline inflation was lower than the 7% annual rise in March, marking the second consecutive ...

UniSuper awards impact mandate, inks industrial deal

CHLOE WALKER  |  TUESDAY, 25 JUL 2023
UniSuper signed an exclusive institutional mandate with a boutique impact investor, while also purchasing an industrial portfolio from a major global pension fund worth more than $1 billion. The $120 billion super fund has mandated NorthStar Impact ...