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Showing 11 - 20 of 237 results for "Magnitude"

Perpetual receives fresh KKR bid

ELIZA BAVIN  |  MONDAY, 17 FEB 2025
... best interests of shareholders in December 2024. An independent expert informed the wealth manager that the risk and magnitude of increased potential tax liabilities, if the transaction were to be implemented, meant that it wouldn't be able to form ...

Convicted adviser banned over $2m theft

MATTHEW WAI  |  MONDAY, 10 FEB 2025
... until the company was deregistered in January 2021. Over the years, he was licensed through Genesys Wealth Advisers; Magnitude Group; and Australian Finance Group. On 14 May 2024, King was convicted of two counts of fraud under s708c of the Queensland ...

Perpetual takeover 'not in the best interests of shareholders'

ANDREW MCKEAN  |  TUESDAY, 17 DEC 2024
... deemed not in the best interests of shareholders. An independent expert informed the wealth manager that the risk and magnitude of increased potential tax liabilities, if the transaction were to be implemented, mean that it wouldn't be able to form an ...

Swan hits back at Bragg: 'That's wrong of you'

ELIZA BAVIN  |  FRIDAY, 29 NOV 2024
... responsibility" for its failures. "I want to apologise to all those who've been affected. When we first became aware of the magnitude of this problem, [the board] set out to rectify this problem, and something like 80% of unresolved cases have now ...

WAM tells investors it 'got the call wrong'

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
... defensively positioned portfolio, betting that the sharemarket is too confident about a soft economic landing and the magnitude of interest rate cuts priced in by traders. "The valuations of stocks that have perceived certainty and quality has gone beyond ...

How many advisers will Australia have in 2044?

KARREN VERGARA  |  TUESDAY, 13 AUG 2024
... "Numbers for the last two years suggest a plateauing of advisers numbers. We are still seeing a drop but no where near the magnitude of 2019-2022. Extrapolating the continuation of the 2019-2022 trend would have seen Australian run out of advisers by ...

Warren Buffet honours Charlie Munger in Berkshire shareholder letter

ANDREW MCKEAN  |  MONDAY, 26 FEB 2024
... during a lifetime and avoid serious mistakes," Buffet said. "I believe Berkshire can handle financial disasters of a magnitude beyond any heretofore experienced."

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... recorded during the COVID pandemic," she said. "Financial stress is one of the most severe mental distresses, compared in magnitude with the effect of the death of a relative." Bullock flagged that more increases are on the table. "Whether further tightening ...

APRA finds signs of step change in remuneration practices

ANDREW MCKEAN  |  THURSDAY, 7 SEP 2023
... second phase was a more "light-touch" survey of remaining SFIs. In their evaluations, entities were asked to rate the magnitude of changes needed to fully implement CPS 511. Notably, about 80% of entities indicated that remuneration design required the ...

High rates impacting REITs: Quay

CHLOE WALKER  |  FRIDAY, 11 AUG 2023
... with over 50 listed real estate management teams across many sectors. "Given the general share price malaise, and the magnitude and pace of rate hikes, it would not be unreasonable to expect a tempered outlook," Blaess said. "However, observations 'on ...