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Showing 371 - 380 of 14210 results for "Interest"

Majority of SMSF establishments based on bad advice: ASIC

KARREN VERGARA  |  THURSDAY, 6 NOV 2025
... assessment of financial products. They also did not give priority to the interests of clients where there were conflicts of interest, including in relation to advice to establish an SMSF to acquire off-the-plan properties through limited recourse borrowing ...

Colonial First State, AIA agree $140m class action settlement

JAMIE WILLIAMSON  |  WEDNESDAY, 5 NOV 2025
... settlement is subject to acceptance by the Federal Court of Australia. "On 1 December 2021, CBA completed the sale of a 55% interest in CFSIL to KKR. On 15 March 2021, the Federal Court approved a scheme which provided that AIA Australia was liable for ...

RBA on hold but 'not as hawkish as feared'

ELIZA BAVIN  |  WEDNESDAY, 5 NOV 2025
The Reserve Bank of Australia (RBA) surprised no one by keeping interest rates on hold at 3.6% at its November meeting, but economists were paying close attention to the tone of the statement released by the central bank. Betashares chief economist ...

Perpetual confirms exclusivity with Bain Capital

KARREN VERGARA  |  WEDNESDAY, 5 NOV 2025
Perpetual confirmed it is in exclusive talks with Bain Capital Private Equity to offload its wealth management business following media reports. The $232 billion fund manager said it signed an exclusivity deed with Bain Capital Private Equity to further ...

Private credit funds downplay risks, pose risk to financial system: ASIC

KARREN VERGARA  |  WEDNESDAY, 5 NOV 2025
... with a true reflection of non-performing and distressed fund assets. Only four funds published information about the interest rates or ranges charged to borrowers. Only one wholesale fund passed on the full economic benefits of interest earned from its ...

Macquarie sells stake in South Australian asset to ART

ELIZA BAVIN  |  WEDNESDAY, 5 NOV 2025
Macquarie Asset Management's (MAM) The Infrastructure Fund (TIF) has agreed to the sale of its interest in ElectraNet to Australian Retirement Trust (ART). ElectraNet is South Australia's principal transmission network, delivering electricity from power ...

US equities not performing as well as they seem: UniSuper

ELIZA BAVIN  |  TUESDAY, 4 NOV 2025
UniSuper head of fixed income David Colosimo has warned that despite US share markets appearing to have performed very well over the month of October, the reality is more complex. "In October, US shares were actually quite strong, up about 2.25%. But ...

BlackRock confirms Bitcoin ETF launch

MATTHEW WAI  |  MONDAY, 3 NOV 2025
... said. BlackRock Australasia director of institutional client business Tamara Stats said the new ETF responds to growing interest from institutional investors as a "potential diversifier". At the same time, head of global product solutions Steve Ead said ...

Revolution expands alts offering in partnership with ColCap

RIDDHIMA TALWANI  |  MONDAY, 3 NOV 2025
... Under the partnership, ColCap will acquire a 14% stake in Revolution, while Channel Capital will convert its existing interest into a 25.8% shareholding. Revolution will continue to retain majority ownership. Revolution managing director Bob Sahota said ...

Cboe calls time on Australian market

MATTHEW WAI  |  MONDAY, 3 NOV 2025
Cboe Global Markets (Cboe), the parent company of Cboe Australia, is selling the Australian business to sharpen its strategic focus on emerging growth opportunities. Announcing the decision during its Q3 business update, Cboe has initiated the sales ...