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Showing 2421 - 2430 of 14210 results for "Interest"

ASIC issues first DDO stop orders

JAMIE WILLIAMSON  |  THURSDAY, 28 JUL 2022
... described it as a high-risk, illiquid, unlisted single asset investment; "The return of an investor's funds and any interest payable under the loan is wholly dependent on the related-party borrower's ability to repay the loan." The TMD and other ...

Federal Reserve delivers 0.75bp rate rise

ANDREW MCKEAN  |  THURSDAY, 28 JUL 2022
The US Federal Reserve raised its policy interest rate by 0.75 basis points to 2.5% and indicated further increases will likely be appropriate. Explaining the decision, Federal Reserve chair Jerome Powell said: "From the standpoint of our congressional ...

Equities challenged but opportunities are there

CHLOE WALKER  |  THURSDAY, 28 JUL 2022
... banks executing that task successfully," he said. "Given the attendant jolt to current market expectations regarding interest rates, a recession remains a key risk and volatility in markets takes on a more enduring character." Munro Partners chief investment ...

IFM calls off Atlas Arteria takeover bid

CHLOE WALKER  |  THURSDAY, 28 JUL 2022
... toll road operator just last month. On June 8, IFM GIF and associates disclosed the acquisition of a combined relevant interest and economic interest in approximately 15% of the issued securities of Atlas Arteria. Following the disclosure, IFM GIF's ...

Super fund for women closes

JAMIE WILLIAMSON  |  WEDNESDAY, 27 JUL 2022
A superannuation fund that targeted women has quietly closed after three years in market. FairVine Super, a sub-plan of Aracon Super, launched in May 2019 with a product specifically designed for women. The offering included a 'FairRewards' ...

Suncorp agrees to super class action settlement

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
... accused of breaching their duties. To settle the matter, Suncorp has agreed to pay $33 million inclusive of costs and interest, on the basis that there is no admission of liability by Suncorp Portfolio Services or Summerhayes and Carroll, documents show. ...

Victoria has the best economy - but not by much

CHLOE WALKER  |  MONDAY, 25 JUL 2022
... depend on how economies are affected by growing COVID-19 case numbers and also how they respond to a period of rising interest rates," James concluded. When it comes to relative economic growth, however, Western Australia continues to lead the way. According ...

Foreign investment fees to double

JAMIE WILLIAMSON  |  FRIDAY, 22 JUL 2022
Foreign investors will pay an additional $455 million in Foreign Investment Review Board fees over the next four years under new regulations. Seeing through an election promise, Treasurer Jim Chalmers is doubling fees for offshore investors from July ...

RBA scenario implies record costs: UBS

ANDREW MCKEAN  |  THURSDAY, 21 JUL 2022
... assumptions would cause an unprecedented payment spike for households. The RBA's scenario of a 300-basis point increase in interest rates by mid-2023 would see interest payments as a share of household income surge from 3.9% of income in Q1 2022 to 9.3% ...

Recession a distinct possibility: Natixis

ANDREW MCKEAN  |  THURSDAY, 21 JUL 2022
... However, less than a quarter of those surveyed thought inflation will remain persistently high. With the prospect of rising interest rates and tightening monetary policy being employed to put inflation back in the bottle, strategists ranked recession ...