Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 221 - 230 of 5501 results for "September 18"

GDP edges higher, but for how long?

ELIZA BAVIN  |  WEDNESDAY, 5 MAR 2025
Australian gross domestic product (GDP) rose 0.6% in the December quarter 2024 and 1.3% through the year, according to the Australian Bureau of Statistics (ABS). "Modest growth was seen broadly across the economy this quarter. Both public and private ...

Treasury responds to CHESS replacement inquiry

ELIZA BAVIN  |  TUESDAY, 4 MAR 2025
Treasury has released its response following the Parliamentary Joint Committee on Corporations and Financial Services report, Competition in clearing and settlement and the ASX CHESS Replacement Project: The CHESS Replacement Project is too important ...

RQI hires research duo

ELIZABETH FRY  |  THURSDAY, 27 FEB 2025
RQI Investors, an active quant equities manager within First Sentier Investors, has strengthened its research team with two hires. Based in Sydney, Tom Marty and Alex Kiechle-Cornish will report to Ron Guido, senior quantitative portfolio manager and ...

Acenda names inaugural chair

MATTHEW WAI  |  WEDNESDAY, 26 FEB 2025
MLC Life Insurance has announced who will chair the insurer when it becomes Acenda. MLC Life Insurance, soon becoming Acenda through the merger with Resolution Life Australia, has appointed Craig Dunn to the position and will take effect upon the completion ...

ASIC clearing and settlements powers to curb ASX monopoly

KARREN VERGARA  |  TUESDAY, 25 FEB 2025
In a bid to curb monopolistic practices, ASIC's new powers that mandate the ASX to be more transparent on its fees and services relating to clearing and settlements (CS) will kick in three months from now. Under the ASIC CS Services Rules 2025 ...

Perpetual calls off KKR deal

KARREN VERGARA  |  MONDAY, 24 FEB 2025
Perpetual has ended KKR's courtship of its wealth management and corporate trust operations, blaming the massive tax bill the transaction would incur, saying there was no way of getting around it. Since tabulating the tax implications last December ...

Convicted adviser fails to appeal prison sentence

MATTHEW WAI  |  THURSDAY, 20 FEB 2025
Former Melbourne financial adviser Bradley Grimm will continue to serve his sentence after failing to have his dishonesty conviction and prison term overturned. Grimm pleaded guilty to three counts of engaging in dishonest conduct whilst running a financial ...

CSC sells down data centre holdings to Future Fund, Infratil

KARREN VERGARA  |  TUESDAY, 18 FEB 2025
The Future Fund and Infratil will up their stakes in a local data centre services provider as the Commonwealth Superannuation Corporation (CSC) sheds some of its holdings. CSC has agreed to offload 12.04% of the ordinary shares it holds in Canberra ...

Oaktree offers Star $650m lifeline

ELIZA BAVIN  |  TUESDAY, 18 FEB 2025
Oaktree Capital has offered Star Entertainment a debt financing proposal to provide $650 million in two debt facilities with a term of five years. The proposal is subject to numerus conditions, including a comprehensive security package and intercreditor ...

Economist calls for 35bps rate cut

ELIZA BAVIN  |  MONDAY, 17 FEB 2025
The Reserve Bank of Australia (RBA) is expected to deliver its first interest rate cut since November 2020 when the board meets tomorrow. However, while most of the market is expecting a regular 0.25% cut, Betashares chief economist David Bassanese ...