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Showing 331 - 340 of 2650 results for "Purchase"

ACCC on financial services priorities

CASSANDRA BALDINI  |  WEDNESDAY, 1 JUN 2022
... numbers of vulnerable Australians," she said. "At the time we conducted the inquiry, we observed that Australian consumers purchase the equivalent of over $40 billion in foreign currency each year. We found that many Australian consumers were paying ...

New Ethereum ETF launches on Cboe Australia

ANDREW MCKEAN  |  TUESDAY, 31 MAY 2022
... The Cosmos fund feeds into the world's first ever Ethereum ETF - The Purpose Ether ETF. So, Australian investors who purchase CPET will by proxy have access to the world's first ever Ethereum ETF. CPET invests in the Purpose Ether ETF which holds physically ...

Twiggy Forrest spends $31m on Australian Agricultural Company

CHLOE WALKER  |  MONDAY, 30 MAY 2022
... purchased $31 million worth of AAC shares, increasing his voting notice in the company substantially. Interestingly, the purchase was not the first acquisition of Australian agricultural shares shares this year, with Forrest's Tattarang purchasing $35 ...

Mitsui, Nomura to acquire New Forests

CHLOE WALKER  |  MONDAY, 23 MAY 2022
... capital strategies has announced Mitsui & Co (Mitsui) and Nomura Holdings (Nomura) have entered into an agreement to purchase 100% of the company. The joint venture, which is subject to regulatory approval, will see Mitsui become a 49% shareholder and ...

RBA outlines next phase of bond purchase program

ANDREW MCKEAN  |  MONDAY, 23 MAY 2022
... from the bank's portfolio. This decision by the RBA is indicative of a new quantitative tightening phase of its bond purchase program. This means the RBA will allow its bond holding to gradually diminish over time as they mature. The RBA initially introduced ...

Clime acquires private wealth firm

JAMIE WILLIAMSON  |  THURSDAY, 19 MAY 2022
... administration support to be provided by Clime's Madison Financial Group. Clime's existing financial reserves will fund the purchase. "The acquisition of MTIS fits into Clime's strategy to create wealth for our clients, supported by high quality advice. ...

Super home buyer scheme fails to move the needle

ANDREW MCKEAN  |  WEDNESDAY, 18 MAY 2022
... Information identified the fact that most young people don't have enough superannuation to transfer across to a home purchase. Even if they did use their super to make a home purchase, the transfer would hardly cover the pace of last year's house price ...

Industry pans early release superannuation policy

ANDREW MCKEAN  |  MONDAY, 16 MAY 2022
... first home buyers would be able to invest up to 40% of their superannuation, up to a maximum of $50,000 to help with the purchase of their first home. When the home is sold, the amount invested is returned to their super as well as a share of any capital ...

Packhorse acquires trophy property, opens next raise

ANDREW MCKEAN  |  TUESDAY, 3 MAY 2022
... officially opened its next offer to invest. The company outlined a target capital raise of up to $62 million to fund the purchase of two outstanding properties in New South Wales and to expedite the regeneration of the landscape. The two properties are ...

Elon Musk buys Twitter for $61.4bn

ANDREW MCKEAN  |  TUESDAY, 26 APR 2022
... stockholders will receive US $54.20 in cash for each share of common stock that they own at the completion of the deal. The purchase price represented a 38% premium to Twitter's closing stock price on 1 April 2022. The deal also stipulated that Twitter ...