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Showing 301 - 310 of 3912 results for "August"

RBA delivers 'cautious' cut, road ahead unclear

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2025
... forecast, expecting three more cuts this year. "Our base case is for the RBA to deliver further 25bp rate cuts in May, August and November for an end year cash rate of 3.35%. The near-term risk sits with another rate reduction in April if the labour ...

Oaktree offers Star $650m lifeline

ELIZA BAVIN  |  TUESDAY, 18 FEB 2025
... group's ability to continue as a going concern." Star Entertainment has faced a flurry of issues over the past few years. In August 2024 the casino operator requested to take a break from trading on the ASX after the release of the Bell Report by the ...

Five V hires from buyout firm EQT

ELIZABETH FRY  |  THURSDAY, 13 FEB 2025
... equity and venture capital firm Five V Capital. It is understood that Harry O'Neill will be on gardening leave until August. He landed at EQT when it opened for business in Australia in early 2020. Before joining the Swedish buyout firm, O'Neill ...

FSCP deregisters adviser for two years

KARREN VERGARA  |  WEDNESDAY, 12 FEB 2025
... February 10 until after 10 February 2027. Meilak was an authorised representative of Lionsgate Financial Group between August 2011 and 10 February 2025. Prior to that, he was an adviser at APS Melb and Professional Investment Services. ASIC has flagged ...

Bravura delivers profit, pays special dividend

ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2025
... upgraded its guidance. It now expects gross revenue to be in the range of $248-$252 million, up from $241-245 million. In August 2024, Fidelity International entered into an agreement to use and develop Bravura's Sonata software, paying a one-off ...

Cbus faces fresh investigation over fund expenditure practices

ANDREW MCKEAN  |  TUESDAY, 11 FEB 2025
... additional licence conditions imposed by the regulator. APRA imposed additional licence conditions on Cbus and BUSSQ in August last year over governance concerns following CFMEU scandals, requiring Cbus' trustee, United Super, to appoint an independent ...

Convicted adviser banned over $2m theft

MATTHEW WAI  |  MONDAY, 10 FEB 2025
... management of multiple clients, including family members, ASIC explained. King was the director and secretary of Veeman from August 2009 until the company was deregistered in January 2021. Over the years, he was licensed through Genesys Wealth Advisers ...

Nest to acquire 10% stake in IFM Investors

ELIZA BAVIN, MATT TOLEDO  |  WEDNESDAY, 5 FEB 2025
... Neal said. The investment from Nest follows IFM Investors merging with Industry Super Property Trust. The deal was done in August 2024 after around a year of negotiations but was not publicly announced until its approval by shareholders last December. ...

BUSSQ loses legal bid to overturn additional licence conditions

ANDREW MCKEAN  |  MONDAY, 3 FEB 2025
... legal challenge against APRA, with the Federal Court dismissing its bid to overturn additional licence conditions. Last August, APRA imposed additional licence conditions on BUSSQ's trustee over concerns about fitness and proprietary processes and fund ...

FOMC holds rates as Chalmers boasts 'our inflation is lower'

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... comments come as the US Federal Reserve kept interest rates steady overnight at 4.25-4.5%. It was the first time since August 2024 the FOMC left policy unchanged. While the decision to keep rates in the US steady was no surprise to markets, Fed chair ...