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Showing 351 - 360 of 2985 results for "ARRA"

E&P chief exits early

KARREN VERGARA | MONDAY, 4 DEC 2023

E&P Financial Group has exited its chief executive Peter Anderson one month earlier than flagged. The ASX-listed wealth firm announced that its board "determined to bring forward the succession by one month to today's date [December 1], marking the ...

Gender pay gap trends down: WGEA

KARREN VERGARA | TUESDAY, 28 NOV 2023

The gender pay gap has hit a new low of 21.7%, largely driven by women working in senior management positions - except chief executive roles. According to the Workplace Gender Equality Agency's (WGEA) latest scorecard, which assessed 4.82 million ...

AustralianSuper slams Brookfield's Origin Energy bid

ANDREW MCKEAN | FRIDAY, 24 NOV 2023

AustralianSuper has savaged Brookfield and EIG's eleventh-hour bid to acquire Origin Energy, emphatically asserting its intention to oppose a "low-ball" offer for the ASX-listed generator and retailer. The consortiums revised proposal under the ...

ClearView offloads chunk of Centrepoint Alliance stake

CASSANDRA BALDINI | FRIDAY, 17 NOV 2023

COG Financial Services has taken over part of ClearView's stake in Centrepoint Alliance (CAF) for $13 million. After dumping its bid for Diverger on Wednesday, COG has purchased approximately 39.56 million CAF shares at 33 cents per share from the ...

Pacific Current Group wraps up buyout talks

JAMIE WILLIAMSON | THURSDAY, 16 NOV 2023

GQG Partners has failed to get support from River Capital to acquire Pacific Current Group (PAC), leading the latter to wrap up the transaction process. PAC will dissolve the independent board committee (IBC) it installed earlier this year to review ...

ASIC strips institutional broker's AFSL

ANDREW MCKEAN | THURSDAY, 16 NOV 2023

ASIC has suspended JB Markets' Australian financial services licence (AFSL), restricting the firm to only terminating existing client arrangements. The corporate regulator revoked JB Markets' AFSL due to non-compliance with financial requirements and ...

GQG's PAC acquisition attempt hits snag

KARREN VERGARA | MONDAY, 13 NOV 2023

GQG Partners' attempted acquisition of Pacific Current Group (PAC) has hit a snag as the former's major shareholder River Capital imposes its own conditions and a lower offer price. River Capital has undercut the original $11 offer to be paid in cash ...

Potential reporting relief for trustees: ASIC

CHLOE WALKER | TUESDAY, 7 NOV 2023

ASIC is proposing to extend the temporary relief for superannuation trustees' disclosure and reporting consistency obligations for two years. ASIC is seeking feedback on the potential extension, including whether the current arrangement is operating ...

Westpac reports $7.2bn profit

KARREN VERGARA | MONDAY, 6 NOV 2023

Soaring interest rates bolstered Westpac home and business loan books which ultimately saw the bottom line jump by 26% to $7.2 billion. The major bank's full-year performance to September reaped from $70 billion worth of home loans that transitioned ...

Hejaz rolls out Australia's first Sukuk ETF

ANDREW MCKEAN | THURSDAY, 2 NOV 2023

Islamic Finance provider Hejaz has launched Australia's first Sukuk active exchange-traded fund (ETF), offering retail investors a Shariah-compliant fixed income solution. The Hejaz Sukuk Active ETF (Managed Fund) opened on the ASX today, comprising ...

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Global X awards mandate for ETF business

ELIZA BAVIN

Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA

Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI

The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA

MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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