Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 411 - 420 of 17094 results for "Billion"

AirTrunk plants second data centre in Victoria

MATTHEW WAI  |  WEDNESDAY, 24 DEC 2025
... the city, to be known as MEL2. The new campus lifts AirTrunk's total planned investment in Victoria to more than $7 billion, while further aligning with the government's National AI Plan to draw more investments into infrastructure and artificial ...

Most read in 2025: Executive appointments

ELIZA BAVIN  |  TUESDAY, 23 DEC 2025
... chief executive of Australian Retirement Trust (ART), with Kathy Vincent to replace him. Anderson had only joined the $330 billion superannuation fund 18 months prior. Vincent took over the top job on October 1. She first joined ART two years ago as ...

CPP Investments, Goodman Group partner in $14bn data centre deal

RIDDHIMA TALWANI  |  TUESDAY, 23 DEC 2025
Canada Pension Plan Investment Board (CPP Investments) and Goodman Group have entered a partnership to establish $14 billion worth of data centres across Europe. The 50/50 partnership will see an initial total capital commitment of $3.9 billion to develop ...

Resolution Capital rejects takeover bid for National Storage REIT

RIDDHIMA TALWANI  |  TUESDAY, 23 DEC 2025
... weakness," Parsons said. The takeover bid by Brookfield Asset Management and GIC put NSR's equity value at approximately $4 billion. NSR's board has unanimously recommended shareholders vote in favour of the acquisition, which is expected to be implemented ...

Diversa hit with additional licence conditions

ELIZA BAVIN  |  TUESDAY, 23 DEC 2025
... acts as trustee for 10 registrable superannuation entities and has approximately 291,000 member accounts and over $15 billion in funds under management. The additional licence conditions follow APRA's recent thematic review of the investment governance ...

GDG hires chief financial officer

KARREN VERGARA  |  TUESDAY, 23 DEC 2025
... the 2025 financial year, GDG's investment bonds business under Generation Life reported funds under management of $4.4 billion, growing 27% annually. GDG's managed accounts assets grew 49% year on year to $29.6 billion thanks to a boost from Lonsec and ...

Family office buys stake in Lendlease retail asset

KARREN VERGARA  |  TUESDAY, 23 DEC 2025
... Lendlease will offload the 40% stake in The Exchange TRX, as well as its 60% interest in the office asset valued at RM1.1 billion ($405.6m) to the Valiram Family Office. Retail and lifestyle business Valiram was established in 1935 specialising in textile ...

Janus Henderson acquired for $11bn, set to go private

MATTHEW WAI  |  TUESDAY, 23 DEC 2025
Janus Henderson is being acquired for $11.1 billion (US$7.4bn) and will be delisted from the New York Stock Exchange (NYSE) following the completion of the transaction. New York-based Trian Fund Management and venture capital firm General Catalyst Group ...

Productivity Commission makes 47 recommendations

ELIZA BAVIN  |  MONDAY, 22 DEC 2025
... hybrid corporate tax system, combining a lower company income tax of 20% for small and medium businesses earning up to $1 billion, and a tax rate of 28% for larger firms, with a net cashflow tax of 5% for all companies. The PC suggested this reformed ...

Change in AI sentiment, credit events could 'derail activity': AustralianSuper

RIDDHIMA TALWANI  |  MONDAY, 22 DEC 2025
... change in AI sentiment which could derail activity. AustralianSuper head of macroeconomic research David Page said the $400 billion super fund is noting signs of acceleration across the global economy including the easing of Trump tariff pressures, China ...