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| | | ... from Deloitte shows. The deficit marks a $0.8 billion improvement from the projected $26.9 billion deficit in the 2024-25 mid-year economic and fiscal outlook (MYEFO), primarily driven by revenue upgrades. "However, starting in 2025-26, this trend is ... |
| | | | ... private credit capabilities to third-party investors looking to invest in private credit as we continue deploying capital to mid-to-large cap corporates in Australia and New Zealand," Wood said. Reginold replaces Jeremy Gordon, who quit the company last ... |
| | | | Income Asset Management's (IAM) mandate to refinance digital non-bank lender MoneyMe's debt facility has grown to $130 million. IAM is refinancing MoneyMe's MME Horizon Warehouse Trust, which has secured commitments from family offices ... |
| | | | ... acquisition of C Capital, Youngtimers now operates as C Capital. It is based in Basel and focuses on private equity and small- and mid-cap listed equities in the developed economies of East Asia and certain countries in Europe. |
| | | | As artificial intelligence (AI) continues to rise, larger financial firms are lagging small and medium sized businesses when it comes to adoption, according to Evolved.AI chief executive Mike Kollo. Kollo - who is in Sydney preparing to present at the ... |
| | | | ... of bearish sentiment finally comes to an end, according to Morgan Stanley. The doldrums the asset class has endured since mid-2022 are coming to an end as asset devaluations become a thing of the past, a new analyst note shows. Most REITs saw positive ... |
| | | | The Reserve Bank of Australia (RBA) has confirmed it considered leaving interest rates on hold last month, but ultimately concluded the arguments for a cut were more weighted. However, despite deciding to deliver the interest rate relief, the central ... |
| | | | The $149 billion super fund is going to market with a new advertising initiative that asks Australians to imagine their dream retirement and how they'll get there. The campaign is being rolled out across television, online, outdoor, radio, print, owned ... |
| | | | ... managed accounts sector," Hackett said. Meanwhile, GDG acquired an additional 61.9% stake in Lonsec valued at $197.4 million, in mid-2024. In 2020, GDG paid about $20.1 million to acquire a 37% stake in Lonsec. |
| | | | ... multifactor productivity growth contributed very little." PC economists Lawson Ashburner and Vincent Wong found that since the mid-2000s Australia has found fewer new and better ways of using inputs and has also not made the best use of new ideas. "The ... |
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