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Showing 3801 - 3810 of 10361 results for "Close"

Suncorp inches closer to NZ insurer takeover

ALEX BURKE  |  WEDNESDAY, 15 MAR 2017
Suncorp increased its stake in a leading New Zealand insurer to 19.9% following a takeover bid in February. Suncorp's bid for Tower Insurance occurred shortly after the latter entered into a scheme implementation agreement with Fairfax Financial Holdings. ...

Instreet launches VC fund

KARREN VERGARA  |  TUESDAY, 14 MAR 2017
The Instreet Start-Up Fund invests in companies operating in niche markets and provides investors early stage innovation companies (ESIC) tax incentives. It will select five to 10 startups that have the potential to produce high revenue growth, invest ...

Global PE firm buys Australian office chain

ALEX BURKE  |  TUESDAY, 14 MAR 2017
... equity firm for an undisclosed sum. The news of Platinum Equity's acquisition occurs at the same time the firm announced the close of its $6.5 billion global buyout fund, Platinum Equity Capital Partners IV. The firm said it is currently actively pursuing ...

Wages and super should be aligned: Cbus

EMMA RAPAPORT  |  TUESDAY, 14 MAR 2017
Cbus is calling on the Federal Government to align the payment of workers' superannuation with the payment of wages. The industry super fund claims the quarterly payment cycle for the superannuation guarantee creates a significant risk of non-compliance ...

Doubting the benefit

BENJAMIN ONG  |  TUESDAY, 14 MAR 2017
... they showed that, PM Li got what PM Li likes. China's economy grew by 6.7% for the full year 2016, down from 6.9% in 2015 (close to the targeted 7% growth rate which was also considered "lofty" at the time). This is because the structure of China's government ...

Former BT executive to head advice group

JAMIE WILLIAMSON  |  THURSDAY, 9 MAR 2017
... recruit someone who was equipped and motivated to confront challenges and lead the company's strategic direction. "With close to 25 years of experience across a number of senior roles within BT and MLC, strong involvement in the various industry bodies ...

Pzena grows local team

KARREN VERGARA  |  THURSDAY, 9 MAR 2017
Pzena Investment Management appointed a new director as part of a strategy to expand its Australian footprint. Paul Whymper-Williams is the new director of business development and client services and will be based in Sydney. He will work closely with ...

Super funds raise $9m for social bond

KARREN VERGARA  |  THURSDAY, 9 MAR 2017
HESTA and Future Super are aiming to help South Australia's homeless via investment in a new social bond. The super funds are among the investors in Social Ventures Australia's Aspire Social Impact Bond (Aspire SIB), raising $9 million to help about ...

Jobs, jobs, jobs

BENJAMIN ONG  |  THURSDAY, 9 MAR 2017
Financial markets don't track the ADP private payrolls report as closely as they do the Bureau of Labor Statistics (BLS) employment report but if ADP's estimate for February is any guide, the official US non-farm payrolls report (due out at the end ...

False ASIC licensing claims lead to closure

JAMIE WILLIAMSON  |  WEDNESDAY, 8 MAR 2017
A Melbourne-based financial planner closed his website following an investigation by ASIC. Stephen Burgin, an authorised representative of Interprac Financial Planning, falsely claimed to be a 'senior ASIC licenced adviser' and an 'ASIC licenced fractional ...