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Showing 401 - 410 of 6679 results for "Sale"

Property 'well-placed' for growth: Knight Frank

MATTHEW WAI  |  THURSDAY, 14 NOV 2024
The real estate group is confident that the commercial and industrial property markets will pick up next year, but flagged one major concern for investors. In its report, Australian Horizon 2025, Knight Frank found that now may be the time to invest ...

Perpetual reveals new leadership structure

JAMIE WILLIAMSON  |  FRIDAY, 8 NOV 2024
... its chief risk and sustainability officer. As it gears up to become a standalone asset management business following the sale of its wealth management and corporate trust operations to KKR, Perpetual is consolidating its international leadership team ...

Mutual Trust merges with CMS Private Advisory

JAMIE WILLIAMSON  |  THURSDAY, 7 NOV 2024
... identified several major tailwinds for the business. "As families face the challenges of intergenerational wealth, such as the sale of a long-held family business, the unbundling of jointly owned family wealth, or the death of a family patriarch or matriarch ...

Fidelity makes key sales appointments

ELIZABETH FRY  |  WEDNESDAY, 6 NOV 2024
Fidelity International has made two key leadership appointments within its Australian distribution team. Lukasz de Pourbaix has been appointed head of strategic sales and solutions and Lauren Jackson head of wholesale sales. In this newly created role ...

Australian Unity offloads banking business

ELIZA BAVIN  |  WEDNESDAY, 6 NOV 2024
Australian Unity has announced the sale of its banking business to Bank Australia, with the transfer set to be complete in late 2025. Under the agreement, Bank Australia will acquire Australian Unity banking customers and their existing loans, credit ...

Perpetual halves investment in embattled Star

ELIZA BAVIN  |  TUESDAY, 5 NOV 2024
... after the market close yesterday that it had sold 129.7 million shares at around 20 cents each, worth around $26 million. The sale was equivalent to around 4.5% of the shares on issue and means the investment fund manager is no long a substantial holder ...

AllianceBernstein managing director departs

ELIZA BAVIN  |  TUESDAY, 5 NOV 2024
AllianceBernstein managing director, Australia client group Brad Karp has announced he will leave the investment firm. Karp has been with the firm for close to 24 years. Prior to that he held roles at AXA as business manager - Australian equities and ...

Westpac profits drop as it prepares for leadership change

ELIZA BAVIN  |  MONDAY, 4 NOV 2024
... income increased 2% year on year, while non-interest income was $2.8 billion, down 15% from the year prior, impacted by the sale of businesses in 2023, along with financial markets and wealth management. The Business & Wealth division, led by incoming ...

Inflation falls within RBA's target range

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2024
The Consumer Price Index (CPI) rose 0.2% in the September 2024 quarter and 2.8% annually, according to the latest data from the Australian Bureau of Statistics (ABS). "The September quarter's rise of 0.2% is the lowest outcome since the June 2020 quarter ...

Qantas Super lowers investment fees, updates cash option

KARREN VERGARA  |  WEDNESDAY, 30 OCT 2024
... for tobacco products. Finally, companies that derive more than 20% of their revenue from the mining of thermal coal and its sale to external parties are omitted. For the 2024 financial year, the super fund said all but one investment option saw their ...