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Showing 21 - 30 of 7532 results for %22June 16%22

Court delays DASS class action settlement approval

KARREN VERGARA  |  FRIDAY, 5 APR 2024
... of Last Resort. Separately, E&P chief financial officer and joint company secretary Stephen Hill will leave the company on June 30. Hill began working at E&P on 2015 as group financial controller and before that worked in finance and accounting roles ...

NZ Super Fund chief investment officer departs

ELIZA BAVIN  |  WEDNESDAY, 3 APR 2024
... appointment of a new chief executive. Chief investment officer Stephen Gilmore will leave the NZ Super Fund at the end of June 2024 to take up the role of chief investment officer at CalPERS, the largest pension plan in the United States with US$494 ...

Australian private capital industry surges 33%

ELIZA BAVIN  |  TUESDAY, 2 APR 2024
... private capital industry. The report found private equity and venture capital (VC) has a combined AUM of $65.5 billion, as of June 2023, which was 30% higher than in December 2021. Real estate AUM grew by 28% from December 2022 to June 2023 to become ...

CSLR kicks off, 2k await compensation

KARREN VERGARA  |  TUESDAY, 2 APR 2024
... For the first year of operations, the CSLR levy is estimated to cost $4.8 million to cover the period from April 2 to 30 June 2024. This will be funded by the government. The CSLR will pay 11 claims for this period, one of which is for a Dixon Advisory ...

Platinum bleeds $1.4bn in outflows

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... reduction in the company's annualised half year expense base of some $96 million. Such savings will likely materialise in the June quarter and "generate a material impact" on the 2024 financial year profit as the bulk of savings will progressively ...

ASIC bans director who promised 150% returns

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... director of Panacea Capital. He operated the Panacea Capital Cryptocurrency Investment Fund (Crypto Fund) between April 2021 and June 2022. ASIC found Creigh operated the Crypto Fund while unlicensed. In addition, ASIC said he held out that Panacea Capital ...

US Federal Reserve eyes multiple interest rate cuts this year

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... significantly revise their expectations, bringing them in line with our own forecast for three cuts this year, starting in June," she said. "The new dot plot and Summary of Economic Projections (SEP) indicated that inflation has proven to be slightly ...

Third person pleads guilty in Courtenay House Ponzi scheme

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024
... pleaded guilty to carrying on a financial services business without a licence and dealing in the proceeds of crime. Between 24 June 2015 and 21 April 2017, Sipina carried on an unlicensed financial services business, for which he was responsible for ...

Inaugural CSLR levy slugs advisers $18.5m

KARREN VERGARA  |  TUESDAY, 19 MAR 2024
... will pay for the first levy period which covers compensation claims and costs from April 2, when the CSLR takes effect, to June 30. In the second round, advisers will foot the bill of $18.5 million to cover the period of July 1 to 30 June 2025. Financial ...

Interest rate cut may not come until 2025, experts warn

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... cutting rates until 2025. AMP chief economist Shane Oliver said economists were already expecting the RBA to start cutting in June and the inflation numbers have not been low enough to bring this forward. "The RBA is likely to still be waiting for more ...