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Showing 241 - 250 of 1944 results for "Proposal"

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  WEDNESDAY, 8 NOV 2023
... package has raised fears that it would give companies the green light to greenwash. Under the federal government's proposal, climate-related financial disclosures will become mandatory for large Australian companies from July 2024, with smaller businesses ...

Potential reporting relief for trustees: ASIC

CHLOE WALKER  |  TUESDAY, 7 NOV 2023
... efficiently and continues to form a necessary part of the legislative framework." ASIC has invited industry feedback on its proposal, which closes December 4. ASIC added that it granted the extension to begin with as a result of APRA's reporting ...

GQG Partners FUM declines

ANDREW MCKEAN  |  TUESDAY, 7 NOV 2023
... experienced a modest uptick of 0.36% as at 10:30am. Earlier this month, GQG confirmed it submitted a non-binding indicative proposal for a total acquisition of multi-boutique asset manager Pacific Current Group (PAC). In pursuit of the deal, GQG has ...

GQG makes official bid for PAC

CHLOE WALKER  |  THURSDAY, 2 NOV 2023
... disappointed" in dealing with the fund manager. Yesterday, PAC said its independent board committee (IBC) considers GQG's proposal to represent an attractive value outcome for all PAC shareholders. "GQG has indicated to PAC that it continues to see ...

Rival bidder seeks to acquire Diverger

KARREN VERGARA  |  MONDAY, 30 OCT 2023
... to pay nearly 24% more than what is currently on the table. COG Financial Services (COG) made a non-binding indicative proposal to acquire Diverger, lobbing $1.4083 for all the 37,674,103 Diverger shares on issue. This dwarfs Count's offer of $1.14 per ...

Selfwealth ditches Stake takeover bid

KARREN VERGARA  |  MONDAY, 16 OCT 2023
Selfwealth has rejected a takeover proposal from competitor trading platform Stake and its offer of 17.5c per share. The ASX-listed trading platform said that after careful assessment, "Stake's incomplete and conditional proposal did not offer appropriate ...

Forager to delist Aussie LIT

KARREN VERGARA  |  MONDAY, 16 OCT 2023
... required" to determine the best way to implement this. As a result, it is "current intention to finalise a delisting proposal in the coming months" and will provide unitholders more details in the first half of calendar year 2024. On LinkedIn, Forager ...

Crypto exchanges to obey financial services rulebook

ANDREW MCKEAN  |  MONDAY, 16 OCT 2023
The government plans to mandate that crypto exchanges adhere to Australian financial services laws, requiring digital asset platform operators to obtain an AFSL. Treasury's Regulating digital asset platforms' consultation, released today, mandates that ...

I can only apologise: PwC boss

CASSANDRA BALDINI  |  THURSDAY, 12 OCT 2023
PwC Australia boss Kevin Burrowes and former chief executive Luke Sayers were grilled this morning in a Senate Inquiry as fallout continues over the embattled firm's tax scandal. Emails sent by former PwC head of international tax Peter-John Collins ...

APRA moves to unmask super funds' spending secrets

ANDREW MCKEAN  |  WEDNESDAY, 11 OCT 2023
APRA is advancing proposals to enhance transparency in how superannuation funds spend and invest members' money. The prudential regulator is proposing to publish total expenses for the industry by category and by internal, related outsourced and ...