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Showing 311 - 320 of 4594 results for "RAISE"

Bell Financial takes lead on SelfWealth takeover

KARREN VERGARA  |  MONDAY, 25 NOV 2024
SelfWealth is forging ahead with Bell Financial Group's (BFG) takeover of the trading platform as the latter raises its bid price to edge out its competitor. The two parties entered a scheme implementation deed in which BFG raised its bid price to 25 ...

Blockchain platform MezFi launches

KARREN VERGARA  |  MONDAY, 18 NOV 2024
Newly launched blockchain platform MezFi is offering retail investors access to property investments designed for the wealthy via Digital Fund Tokens (DFTs). The platform essentially houses MezFi Fund 1, an ASIC-registered managed investment fund that ...

Platinum exec pay hit with second strike

KARREN VERGARA  |  WEDNESDAY, 13 NOV 2024
Platinum Asset Management suffered its second consecutive strike against its remuneration report but managed to avoid a board spill. Yesterday, 73% of shareholders overwhelmingly voted against adopting the remuneration report at the annual general meeting ...

Asena Family Office adds chief investment officer

ELIZABETH FRY  |  TUESDAY, 5 NOV 2024
The local arm of the US-based Asena Family Office has snared the high-profile John Likos as its investment chief. Likos - who has over 20 years of experience in financial markets - joins from BondAdviser, an employee-owned financial services provider ...

AustralianSuper pumps $2.2bn into US data centre

KARREN VERGARA  |  WEDNESDAY, 16 OCT 2024
... investment alongside existing DataBank investor, DigitalBridge. The investment forms part of a nearly $3 billion equity raise by DataBank that included more than $700 million in commitments from existing investors. AustralianSuper head of mid risk portfolios ...

Harris vs Trump: Key economic policy differences

ELIZA BAVIN  |  TUESDAY, 15 OCT 2024
... Harris policy proposal is a higher government spending and taxing profile compared to Trump. "Clearly the Harris proposal to raise the corporate tax rate is in sharp contrast to President Trump's agenda. This would reverse half of the corporate tax cut ...

ASX listings dwindle as companies abandon public markets

ANDREW MCKEAN  |  FRIDAY, 11 OCT 2024
... public market less attractive. As a result, many companies now see private markets as a more efficient and flexible way to raise capital, circumventing the challenges of an IPO. This is evidenced in data from JPMorgan, which shows an explosion in the ...

$3m super tax edges closer to reality

MATTHEW WAI  |  THURSDAY, 10 OCT 2024
The $3 million superannuation tax passed the lower house yesterday afternoon with a majority vote count of 52:9, however attempts to see the tax indexed were shot down. The Treasury Laws Amendment (Better Targeted Superannuation Concessions and Other ...

Federal Court quashes ANZ appeal

KARREN VERGARA  |  THURSDAY, 3 OCT 2024
... Public Prosecutions (CDPP) also laid criminal charges against Rick Moscati, who was ANZ group treasurer at the 2015 capital raise. In 2022, criminal charges against ANZ and Moscati were dropped. Charges against Citigroup Global Markets Australia and ...

QIC reports $9bn record earnings

KARREN VERGARA  |  WEDNESDAY, 2 OCT 2024
Queensland Investment Corporation's (QIC) earnings topped a record $8.9 billion in the last financial year, buoyed by most investments outperforming their targets. QIC's assets under management also increased to $111.7 billion with the help ...