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Showing 381 - 390 of 6249 results for "Cash"

Monetary policy not the only game in town: Brian Redican

ANDREW MCKEAN  |  TUESDAY, 25 FEB 2025
... Meta's planned $65 billion in capital expenditure over the next year and Google's $75 billion, noting that with their "massive cash reserves," they don't need to borrow to fund these investments. This spending, he said, will continue regardless of the ...

ASIC bans Brisbane-based financial services director

ELIZA BAVIN  |  TUESDAY, 25 FEB 2025
... Aardoom, as sole director of JB Markets, entered into a false loan agreement with another company in relation to a $540,000 cash payment made by that company to JB Markets in 2021, knowing that the $540,000 payment was for equity in JB Markets and not ...

MLC wary of but not opposed to bitcoin

ELIZA BAVIN  |  MONDAY, 24 FEB 2025
... which adds to concerns from investors. "For investment professionals, being able to value assets by metrics such as future cash flows, dividend yields, yield-to-cash flow, and more, are non-negotiables," he said. "[Bitcoin] produces no cash flows, and ...

Svava makes binding offer for Selfwealth, BFG given deadline to counter

MATTHEW WAI  |  MONDAY, 24 FEB 2025
... officially put in a binding offer to acquire 100% of the company at 28 cents per share. The new proposal is a 12% premium to the cash consideration of the $0.25 offer from Bell Financial Group (BFG). Selfwealth received a bid from BFG late last year ...

Schroders launches new active ETFs

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2025
... Schroders said. "HIGH is an actively managed credit strategy that seeks to deliver returns of 2.5-to-3% a year above the cash rate, before fees, all the way through the cycle," Morcos said. "HIGH provides access to the traditionally defensive higher-yielding ...

Global tariffs to spike under Trump: Economist

KARREN VERGARA  |  WEDNESDAY, 19 FEB 2025
... higher US dollar, and potentially a steeper bond yield curve domestically," she said. In Australia, Masters foresees the cash rate decreasing to 3% in 2026 with a "high degree of uncertainty around that." "Whether the RBA cut in February or April or ...

RBA delivers 'cautious' cut, road ahead unclear

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2025
The Reserve Bank of Australia (RBA) cut the cash rate by 25 basis points, bringing the official interest rate down to 4.1%. While the cut was widely expected, the RBA was quick to diffuse any hopes of a quick cutting cycle. "A range of indicators suggest ...

Economist calls for 35bps rate cut

ELIZA BAVIN  |  MONDAY, 17 FEB 2025
... tarnished public reputation. "In fact, I'd like to see the RBA cut rates by 0.35% to 4.0% - so we can finally get the cash rate cut back to cleaner 0.25% level increments." T. Rowe Price Dynamic Global Bond Strategy co-portfolio manager Scott Solomon ...

AMP profit dives as advice business sale bites

ANDREW MCKEAN  |  FRIDAY, 14 FEB 2025
AMP's statutory net profit after tax (NPAT) slumped to $150 million in the 2024 financial year, nearly half the previous year's result, which the firm attributed to simplification spend and the sale of its advice business. The prior year's ...

SG Hiscock, Ruffer shutter funds

KARREN VERGARA  |  THURSDAY, 13 FEB 2025
... said. The fund invests in AUD-denominated shares of the Ruffer Total Return International, a sub fund of Ruffer SICAV and in cash. The fund is a Luxembourg-domiciled UCITS fund. London-based Ruffer has more than US$24.1 billion of AUM.