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Showing 371 - 380 of 6252 results for "Cash"

ASIC bans adviser jailed for supplying drugs

MATTHEW WAI  |  FRIDAY, 7 MAR 2025
... 2018 for importing 40 grams of cocaine inside a motorbike helmet from Los Angeles. He was also found guilty of possessing cash that was the proceeds of selling cocaine, and of supplying a commercial quantity in Alice Springs between December 2017 and ...

Bain, CC Capital up Insignia bids

ELIZA BAVIN  |  FRIDAY, 7 MAR 2025
... revised non-binding and indicative proposals from CC Capital Partners and Bain Capital. The bids were both increased to $5 cash per Insignia share, valuing the wealth manager at $3.35 billion, and an 8.7% increase from the previous $4.60 per share offers. ...

War on inflation: Australia vs New Zealand

ELIZA BAVIN  |  WEDNESDAY, 5 MAR 2025
... above the RBA's target band year-on-year, albeit projected to ease further," Bloxham said. "The RBA has just cut its cash rate by 25bp, the first cut in the easing phase, while the RBNZ has delivered 175bp of easing already since August 2024." Bloxham ...

Aussie dividends underperform on global scale: Janus Henderson

MATTHEW WAI  |  WEDNESDAY, 5 MAR 2025
... proving that they are just like successful companies before them in that as they start to mature they begin to generate surplus cash which they can hand back to their investors. These companies are giving global dividend growth a significant boost at ...

BNP Paribas wins new custody mandate

ANDREW MCKEAN  |  TUESDAY, 4 MAR 2025
... services. As part of the mandate, BNP Paribas will handle Medibank's custody, fund administration, performance reporting, cash management, and FX solutions. The bank, which oversees US$13.7 trillion in assets under custody, said the mandate aligns with ...

RBA 'not committed' to further rate cuts

ELIZA BAVIN  |  TUESDAY, 4 MAR 2025
... cutting cycle either. "... members agreed that their decision at this meeting did not commit them to further reductions in the cash rate target at subsequent meetings," the RBA minutes said. "While economic outcomes had given members more confidence ...

Freezing order slapped on First Guardian Master Fund, Falcon Capital

KARREN VERGARA  |  MONDAY, 3 MAR 2025
... update to investors, the suspension remained as lifting it "remains contingent upon the receipt of significant contracted cash receivables." Falcon said it "expects to receive the bulk of these significant contracted cash receivables in February and ...

Clime Investment Management lands new strategic partnerships

ANDREW MCKEAN  |  FRIDAY, 28 FEB 2025
... share, pending further tax advice..." Nevertheless, Clime reported a statutory loss of $257,000 post-tax, reflecting non-cash amortisation and depreciation charges of $603,000 and income tax expenses of $60,000 - offset by its operating profit, which ...

PM Capital confirms proposal to acquire Platinum funds

ANDREW MCKEAN  |  FRIDAY, 28 FEB 2025
... swap their holdings for its shares at "material premiums" to recent share prices and net tangible assets (NTA) or take a cash-out instead. For its Platinum Capital proposal, shareholders can swap their shares for PGF shares at a rate based on PGF's ...

Perpetual profits dented after KKR deal goes up in smoke

ANDREW MCKEAN  |  THURSDAY, 27 FEB 2025
... $34.5 million in the prior corresponding period. Regarding its statutory results, Perpetual recorded a $25.5 million non-cash impairment in its asset management business due to higher-than-expected net outflows in key strategies, particularly J O Hambro ...