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| | | ... is valued at about $1.3 billion. Charter Hall and Hostplus have an aggregate interest of 26.94% in HPI securities. This stake grew by 8.38% from their initial interest of 18.56% as of September 9 when their takeover plans were announced. Charter Hall ... |
| | | | ASX shareholders have been warned that the CHESS Release 2 will cost between $270 million to $320 million. The second release has an implementation target of 2029 as the ASX continues to work towards the delivery of Release 1 by 2026. The ASX also warned ... |
| | | | The Australian Securities and Investments Commission (ASIC) has announced it intends to update some key regulatory guides in 2025. ASIC said it regularly reviews and updates regulatory guides to ensure they remain simple to follow, effective, current ... |
| | | | Treasury has opened a new consultation paper on the Crypto Asset Reporting Framework (CARF) to explore whether it should be added into Australian tax law, or if government should customise a policy response. The Organisation for Economic Co-operation ... |
| | | | ... strategic stakes in VSS Holdings and Pacific Asset Management for a total of $142.8 million. Pinnacle will take a 22.5% equity stake in VSS Holdings for $92.8 million. It is a private markets investment firm, headquartered in New York, which was established ... |
| | | | Treasurer Jim Chalmers announced new reforms the government will be rolling out for Australia's superannuation system. Speaking at the annual Association of Superannuation Funds of Australia (ASFA) conference, Chalmers gave an address laying out ... |
| | | | ... an Australian retail centre. QIC sold Westpoint to Haben and US investment manager Hines, both of which will take a half stake. Financial Standard understands the final sale price was $900 million. |
| | | | AZ NGA has acquired Sydney-based financial planning firm StrategyOne Advice Network. StrategyOne, led by managing director Virginia Heyer and senior private client adviser Duncan Derrington, specialises in wealth management, retirement planning and ... |
| | | | ... Peters said the latter strategy is different to Pinnacle's business model and Magellan's play, which acquired a 29.5% stake in Vinva Investment Management and recently began distributing its funds. "In terms of the asset classes that we would ... |
| | | | 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 ... |
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