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Showing 2651 - 2660 of 11511 results for "DIV"

Skill shortages hitting advice firms hard

ELIZABETH MCARTHUR  |  MONDAY, 14 FEB 2022
The financial advice sector is facing a shortage of skills, forcing firms to change how they do things to attract talent. Profusion divisional director Chris Gordon said he has observed a skilled staff shortage in advice, particularly for client service ...

Mine unions pressure funds over Rio

ELIZABETH MCARTHUR  |  FRIDAY, 11 FEB 2022
Mining unions are applying pressure to super funds over alleged bullying and harassment at Rio Tinto revealed in a recent report. The Western Mine Workers' Alliance (WMWA), an agreement between the Australian Workers' Union (AWU) and the Mining and ...

Link REIT, Oxford ink $2.3bn office portfolio deal

CHLOE WALKER  |  FRIDAY, 11 FEB 2022
Hong Kong-based Link Asset Management has announced a joint venture with Oxford Properties Group in the Investa Gateway Office (IGO) venture, which consists of a prime office portfolio worth over $2.3 billion. Link will own a 49.9% stake, while Oxford ...

AMIST criticised for SPC investment

ELIZABETH MCARTHUR  |  THURSDAY, 10 FEB 2022
Australian Meat Industry Superannuation Trust (AMIST) is being criticised for a recent investment in fruit packing giant SPC, due to the other party involved in the capital raise. AMIST made an investment in SPC in a capital raising. Peregrine Corporation ...

PE Capital in liquidation

KARREN VERGARA  |  THURSDAY, 10 FEB 2022
PE Capital Funds Management is now in liquidation after the Federal Court found that it operated managed investment schemes without an AFSL and engaged in misleading and deceptive conduct. The court found that over $16 million was invested in the registered ...

AMP reports $252m loss

KARREN VERGARA  |  THURSDAY, 10 FEB 2022
While AMP's financial advice and wealth management units show signs of recovery, the group ultimately reported a massive $252 million statutory loss in its full-year financial performance. Underlying net profit after tax, however, was up 53% to ...

Jarden hires emerging companies executive

KARREN VERGARA  |  WEDNESDAY, 9 FEB 2022
Jarden appointed a new managing director and head of emerging companies for its equities desk based in the Sydney office. Rohan Gallagher will join the Kiwi investment bank in April, having recently worked at Caltex (now Ampol) and as head of investor ...

BTC Markets appoints chief operating officer

CHLOE WALKER  |  WEDNESDAY, 9 FEB 2022
BTC Markets has announced the appointment of Anna Clive as chief operating officer. Clive brings experience both as an executive and transformational leader with ASX listed and privately held companies across media, technology (SaaS), retail, finance ...

Boards still lagging on diversity

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 FEB 2022
The latest report from Deloitte and 30% Club Australia questions whether boards are fit for purpose, especially when lacking diversity of experience or background. The report, titled Bold moves in the boardroom, asked whether boards are set up to navigate ...

CBA posts strong result, dividend

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 FEB 2022
Commonwealth Bank reported first half results for 2022 with profit and dividend up significantly on the first half of 2021. The big bank reported statutory NPAT of $4.7 billion, up 26% on 1H21. Cash NPAT was up 23%, also at $4.7 billion. CBA paid a ...