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Showing 21 - 30 of 1682 results for "Wednesday"

ACTU slams plans to Americanise the superannuation system

ANDREW MCKEAN  |  FRIDAY, 18 OCT 2024
... Taylor, claiming they reveal the "Coalition's dream of dismantling super." In a speech at the University of Sydney on Wednesday, Taylor said a collapse in home ownership has profound implications for Australia's aspirational character and the ...

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI  |  THURSDAY, 15 AUG 2024
On Wednesday, the Reserve Bank of New Zealand (RBNZ) trimmed its interest rate by 25 basis points to 5.25% after holding a decades-high rate of 5.50% since May 2023. The central bank pointed to inflation converging to its target range as the core reason ...

Perpetual confirms KKR acquisition talk

JAMIE WILLIAMSON  |  MONDAY, 29 APR 2024
... weekend, the AFR reported KKR is set to acquire the business units, saying Perpetual had hoped to announce the deal last Wednesday during its quarterly market update but delayed doing so on the advice of its advisory team. At 10am today, Perpetual entered ...

Sequoia chief's job at stake in upcoming EGM

ANDREW MCKEAN  |  FRIDAY, 26 APR 2024
... further grow and participate in strategic opportunities with a narrower and more focused business." Crole responded on Wednesday, stating that he expects that if the proposed resolutions are approved, the shareholders who proposed them will attempt to ...

Pendal shutters costly equity fund

KARREN VERGARA  |  MONDAY, 11 MAR 2024
... products. "The cash proceeds from this termination will be paid directly to your nominated bank account on file on or around Wednesday 3 April 2024," Pendal wrote. "We also expect that the termination of the Fund will result in a final distribution of ...

ASIC files lawsuit against unlicensed director, companies

JAMIE WILLIAMSON  |  FRIDAY, 16 FEB 2024
... invest in companies he owned without a financial services licence. ASIC commenced proceedings in the Federal Court on Wednesday, alleging David Paul Hodgson of the Sunshine Coast provided unlicensed financial services and made misrepresentations to investors ...

Inflation falls to 4.1%, RBA weighs rate cut

ANDREW MCKEAN  |  THURSDAY, 1 FEB 2024
... said. Elsewhere abroad, as anticipated, the US Federal Reserve also held its policy rate steady following its meeting on Wednesday. However, in response to significantly lower inflation, the Fed abandoned previous guidance that left the door open for ...

ClearView offloads chunk of Centrepoint Alliance stake

CASSANDRA BALDINI  |  FRIDAY, 17 NOV 2023
... over part of ClearView's stake in Centrepoint Alliance (CAF) for $13 million. After dumping its bid for Diverger on Wednesday, COG has purchased approximately 39.56 million CAF shares at 33 cents per share from the insurer, using a combination of ...

VBP adds to leadership team amid Elixir acquisition

CASSANDRA BALDINI  |  FRIDAY, 10 NOV 2023
... Partners (VBP) has established new positions within its leadership team following its acquisition of Elixir Consulting. On Wednesday, VBP revealed it would buy a 100% stake in Elixir Consulting, purchasing the company from founder and managing director ...

RBA's multi-channel approach curbs inflation

ANDREW MCKEAN  |  THURSDAY, 12 OCT 2023
... through which monetary policy influences demand and curtails inflation in Australia. Kent told Bloomberg's office on Wednesday that the cash-flow channel is the "obvious way" in which monetary policy is transmitted to aggregate demand and inflation in ...