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Showing 21 - 30 of 816 results for "Settlement"

MA Financial expands hospitality portfolio in NZ

MATTHEW WAI  |  TUESDAY, 17 FEB 2026
... returns of 4% p.a. in excess of New Zealand's official cash rate over a three-year period. The transaction is targeting settlement in the coming months and adds to MA Financial's subsidiary, Redcape Hospitality, which operates 40 large-format pubs and ...

AMP profits fall as Alexis George prepares to step down

ELIZA BAVIN  |  THURSDAY, 12 FEB 2026
AMP's statutory net profit took a hit as a result of the settlement of legacy class actions and its continuing business simplification process, coming in at $133 million, down from $150 million in FY24. However, underlying net profit after tax (NPAT) ...

ASIC inquiry an 'inflection' point for ASX: Lofthouse

MATTHEW WAI  |  THURSDAY, 12 FEB 2026
... she is leaving the exchange, said the performance was driven by "high volumes" of cash market trading, clearing and settlement, and interest rate futures. "ASX achieved strong revenue growth of 11.2% to $602.8 million in the half, and we continued to ...

CBA updates on class actions, governance review

ELIZA BAVIN  |  WEDNESDAY, 11 FEB 2026
... when it took out group insurance policies from CMLA. CBA said in September 2025, the parties reach an in-principle settlement to resolve the class action for $140 million, with no admission of liability. The settlement is subject to court approval and ...

ASX to spend $264m to modernise tech, uplift risk management

RIDDHIMA TALWANI  |  THURSDAY, 29 JAN 2026
... additional $150 million of capital to maintain robust financial resources and ensure independence of its clearing and settlement facility licensees. ASIC had initiated an inquiry into ASX in June 2025 around its questionable ability to "maintain stable ...

FNZ, Centric extend partnership, citing 'significant' upgrades

MATTHEW WAI  |  THURSDAY, 22 JAN 2026
... said. Additionally, FNZ will continue to provide end-to-end services to Centric, including execution, clearing and settlement, platform technology, contact centre, administration, and custody on its platform across superannuation, retirement, and wealth. ...

Improvised super tax poses unfair, inequitable outcomes: Industry

MATTHEW WAI  |  TUESDAY, 20 JAN 2026
... the other concerns is the total permanently disability (TPD) insurance proceeds via super, because like structured settlement contributions these proceeds usually represent large payments to provide funds for ongoing medical and care expenses, SMSFA ...

Bullock in 'full solidarity' with Powell

ELIZA BAVIN  |  WEDNESDAY, 14 JAN 2026
Reserve Bank of Australia (RBA) governor Michele Bullock has joined 11 other central bank leaders around the world in showing support for US Federal Reserve (Fed) chair Jerome Powell. This week, the US Department of Justice served the Fed with grand ...

Sequoia expects earnings hit from Shield, First Guardian

KARREN VERGARA  |  TUESDAY, 16 DEC 2025
... period at the EBITDA (operating profit level)," Sequoia said. The ASX-listed firm also announced that it reached a final settlement of $980,000 with a receiver in relation to an advice matter affecting the now-defunct Libertas Financial Planning. Sequoia ...

ASX to undergo 'circuit breaker' reforms

ELIZA BAVIN  |  MONDAY, 15 DEC 2025
... commitments from the ASX on reforms including: strengthening the independence and governance of ASX's Clearing and Settlement (CS) Facilities Boards; strategic reset of ASX's transformation program 'Accelerate', with clear milestones and accountability ...