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Showing 401 - 410 of 1944 results for "Proposal"

Blackstone inches closer to Crown Resorts deal

CHLOE WALKER  |  FRIDAY, 14 JAN 2022
... biggest casino operator Crown Resorts said on Thursday its board was likely to back an improved $8.87 billion buyout proposal from US private equity firm Blackstone Inc unless a higher offer emerged. Currently, James Packer's Consolidated Press Holdings ...

WAM ups PAF takeover bid

KARREN VERGARA  |  WEDNESDAY, 12 JAN 2022
... also improved," PAF told shareholders. "PAF directors have also noted that they consider the prospects of a superior proposal emerging for PAF shares is now unlikely." PAF's largest shareholder, the PM Capital Global Opportunities Fund (PGF), told the ...

Link agrees to $3bn takeover

KARREN VERGARA  |  THURSDAY, 23 DEC 2021
... $2.38 per Link share. Link Group chair Michael Carapiet said the board has unanimously concluded that Dye & Durham's proposal is an attractive transaction. "The all-cash offer, which also ensures Link Group shareholders benefit from a sale of BCM ...

Proxy advice reforms force transparency, AFS licensing

KARREN VERGARA  |  MONDAY, 20 DEC 2021
Treasurer Josh Frydenberg announced reforms to proxy advice which includes forcing superannuation funds to disclose detailed voting records. Super funds exercising voting rights on behalf of their members will need to be more transparent with their ...

Adviser population drops below 19,000

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... Jane Hume announced a new pathway for experienced advisers with 10 years of experience - echoing much of Labor's proposal announced last week.

Government backflips on adviser education

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
... confirmed the government proposes to recognise the value of on-the-job experience for financial advisers. Like Labor's proposal, the government suggests 10 years of experience, a good record, and a tertiary level ethics subject should be enough to meet ...

Super for home deposits could ignite new boom

ELIZABETH MCARTHUR  |  THURSDAY, 16 DEC 2021
... to their super and then withdraw that money - enjoying a tax benefit - to contribute to a house deposit. However, the proposal Wilson has advocated for would go further and allow home buyers to dip into super accumulated through compulsory contributions. ...

Hume commits to 12% SG

ELIZABETH MCARTHUR  |  THURSDAY, 16 DEC 2021
... alter the super guarantee increase in any way," ISA chief executive Bernie Dean said. He added his support for Labor's proposal to link super fund capital with government projects. "Labor's proposal to unlock further super fund investment in Australian ...

HUB24, Class alter acquisition terms

KARREN VERGARA  |  TUESDAY, 14 DEC 2021
... December 15. Class' board is urging all its shareholders vote in favour of the scheme in the absence of any superior proposal. "Each Class director intends to vote all the Class shares that they hold or control at the time of the meeting in favour of ...

AIOFP blasts 'elitist' young advisers

ELIZABETH MCARTHUR  |  MONDAY, 13 DEC 2021
... parliamentarians imploring them not to listen to younger financial advisers who have come out in opposition of Labor's proposal. "It is unfortunate that some Elitist Younger Financial Advisers [EYFA] cannot find any compassion or patience for the older ...