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Showing 271 - 280 of 816 results for "Settlement"

Challenger to buy industry-fund-owned bank

KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
... suggested by the company this morning. Challenger and MyLife MyFinance have entered into an agreement with an expected settlement date of March 2021. The transaction needs approval from the Federal Treasurer and Australian Prudential Regulation Authority. ...

Charter Hall buys David Jones flagship

ELIZA BAVIN  |  TUESDAY, 22 DEC 2020
... a 5-year debt facility. CLW will fund its 50% from its existing available capacity. The Charter Hall board said the settlement is conditional upon approval from the Foreign Investment Review Board for David Jones entry into the lease. The purchase price ...

Technology a tool not a threat: Avaloq

ANNABELLE DICKSON  |  THURSDAY, 17 DEC 2020
The implementation of technology to front, middle and back office functions will result in more efficiency and the delivery of a superior service, new research shows. A new study by Avaloq, The Front-to-Back Office Report - How are functions in the ...

Rest develops ethical option

JAMIE WILLIAMSON  |  MONDAY, 14 DEC 2020
... ethical investment option, following its recent legal stoush with a member over climate change. In the wake of its settlement with member Mark McVeigh, Rest is seeking feedback from members as to what they feel a socially responsible investment option ...

Moelis to create hospitality precinct

ANNABELLE DICKSON  |  THURSDAY, 10 DEC 2020
... has 32 community-focused venues in New South Wales and Queensland, as well as 23 bottle shops and four motels. The settlement of the venues is expected in February 2021. Moelis started the year by promoting its two managing directors, Julian Biggins ...

Chief economist update: Letter V going viral in Australia

BENJAMIN ONG  |  WEDNESDAY, 11 NOV 2020
... 0.1%; the interest rate on new drawings under the Term Funding Facility down to 0.1%; the interest rate on Exchange Settlement balances down to zero; and, purchasing A$100 billion worth of government bonds of maturities of around 5 to 10 years over the ...

Chief economist update: RBA does the limbo rock

BENJAMIN ONG  |  WEDNESDAY, 4 NOV 2020
... interest rate on new drawings under the Term Funding Facility to 0.1 per cent a reduction in the interest rate on Exchange Settlement balances to zero the purchase of $100 billion of government bonds of maturities of around five to 10 years over the ...

RBA cuts rate to new historic low

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
... rate on new drawings under the Term Funding Facility to 0.1%. Additionally it reduced the interest rate on Exchange Settlement balances to zero and purchase of $100 billion of government bonds of maturities of around five to 10 years over the next six ...

RBA, CBA, NAB partner for wholesale currency

ANNABELLE DICKSON  |  TUESDAY, 3 NOV 2020
... technology company to develop a wholesale central bank digital currency (CBDC) using distributed ledger technology (DLT) for settlement. As a part of the RBA's research on wholesale CBDC, Commonwealth Bank, NAB, Perpetual and blockchain company ConsenSys ...

Rest climate case dismissed

ELIZABETH MCARTHUR  |  MONDAY, 2 NOV 2020
... approaches to climate risk and continuing to to develop a climate change policy and internal risk framework. "Today's settlement gives me, and Rest's almost two million members, the reassurance that we need to know that our retirement savings will be ...