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Showing 2971 - 2980 of 2989 results for "ARRA"

Assirt gives Rubicon 'competent' to 'strong' ratings

Assirt has awarded absolute return specialists Rubicon Asset Management a series of 'competent' and 'strong' ratings for its business and investment capabilities. The manager, who has also enlisted Perennial Investment Partners and Macquarie Equities ...

New super initiative sparks familiar political catfight

The Shadow Minister for Retirement Incomes and Savings, Senator Nick Sherry, has today criticised the Government's "Revitalising Superannuation" initiative unveiled yesterday as offering "nothing new" for the Australian superannuation members. The Government ...

Conroy cautions superannuation funds on use of hedge funds

Shadow Finance Minister Stephen Conroy has warned superannuation funds to exercise caution when considering the use of hedge funds as part of their investment strategy. Echoing the argument put forward by the Australian Prudential Regulation Authority ...

S&P raises ratings on Promina subsidiaries

Standard & Poor's Ratings Services has raised the 'insurer financial strength' and 'counter-party credit' ratings on Promina Group's principal general insurance subsidiaries to A from A-minus following the successful completion of the initial public ...

Kiwi Income Property Trust to buy Plaza for $22.25 million

Kiwi Income Property Trust has successfully raised NZ$25 million ($22.25 million) through a placement of 23.58 million shares at $0.94 per unit to fund the acquisition of Downtown Plaza in Hamilton's CBD and other retail projects. "The shopping centre ...

Income tax Budget gets mixed reaction

Federal Treasurer Peter Costello's eighth Budget has drawn a mixed reaction from the financial services sector despite the inclusion of headline-friendly personal income tax cuts. "This Budget is a huge disappointment in that it offers no long term ...

S&P appoints Perpetual Trustees as data collection agent

Perpetual Trustees has announced it will act as the only data collection agent for Standard & Poors' residential mortgage-backed securitisation rating service in Australia. Perpetual group executive Phillip Vernon said that the collaboration would benefit ...

BankWest acquires API Finance

Australian Pharmaceutical Industries Limited (API) and BankWest have announced a broad ranging alliance that includes the acquisition by BankWest of finance subsidiary API Finance with its $300 million loan and lease book and the development of an expanded ...

Reach and Telstra agree to new loan terms

Telstra has announced that Reach, the 50/50 Asian infrastructure joint venture with PCCW Limited, had agreed with its banking syndicate new terms for its $2.5 billion loan facility. Telstra and PCCW will enter into capacity prepayment arrangements with ...

AMP to sell $2.8 billion in mortgages, property loans

AMP has announced that it is to sell $2.8 billion in residential mortgages in New Zealand and property finance loans in both Australia and New Zealand as part of its restructuring strategy announced on November 14 2002. Hong Kong Shanghai Banking Corporation ...