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Showing 441 - 450 of 5993 results for "WES"

ASIC suspends FTX Australia's licence

ANDREW MCKEAN  |  WEDNESDAY, 16 NOV 2022
ASIC has suspended the Australian financial services licence of embattled crypto company FTX. FTX entered voluntary administration on November 11, and the AFSL is suspended until 15 May 2023. However, for the time being, FTX can continue to provide ...

ANZ to pay $42m in insurance lawsuit

CASSANDRA BALDINI  |  MONDAY, 14 NOV 2022
ANZ has agreed to pay $42 million to settle a class action regarding consumer credit insurance (CCI) products. Commonwealth Bank has also reached a settlement for a similar matter. Slater and Gordon filed the class action against ANZ, OnePath Life ...

Centuria launches new unlisted industrial fund

CHLOE WALKER  |  TUESDAY, 8 NOV 2022
Centuria Capital Group has dropped $35.5 million on a distribution centre in Queensland for its new single-asset, closed-ended unlisted real estate fund. The Centuria Industrial Income Fund No. 2 (CIIF2) is set to provide an initial five-year term ...

Packhorse lists cattle stations for sale

CHLOE WALKER  |  MONDAY, 7 NOV 2022
Packhorse Pastoral Company has listed a portfolio of three large stations for sale, following the passing of its co-founder Tom Strachan earlier this year. Strategically acquired over the past three years, the Queensland and New South Wales pastoral ...

Westpac updates on strategic priorities

CASSANDRA BALDINI  |  MONDAY, 7 NOV 2022
In releasing its full-year results, Westpac has provided an update as to its simplification efforts. The banking giant said one of its main priorities is the continued simplification of its business. Portfolio simplification relating to the businesses ...

Westlawn Financial Services cops stop orders

CHLOE WALKER  |  MONDAY, 24 OCT 2022
ASIC has placed an interim stop order on the distribution of Westlawn Financial Services' income fund, due to non-compliant target market determinations (TMDs). The interim stop order will restrict the Grafton-based firm from issuing interests in, giving ...

Magellan targets $100bn in five years

JAMIE WILLIAMSON  |  THURSDAY, 20 OCT 2022
Outlining his plans to restore Magellan's sheen, chief executive David George hopes to double its funds under management by 2027 by diversifying its capabilities and strengthening its UK and Europe operations. Speaking at the Magellan annual general ...

Primewest rebrands to Centuria

CHLOE WALKER  |  TUESDAY, 18 OCT 2022
The Perth-based real estate funds manager has formally adopted the brand of its parent company, Centuria Capital Group. The rebranding comes 13 months after the entities merged, marking the group's significant expansion throughout Western Australia. ...

Choice performance test pause in members' best interests: Chant West

CASSANDRA BALDINI  |  FRIDAY, 14 OCT 2022
Chant West has welcomed the proposed pause in the Your Future Your Super (YFYS) performance test, saying it's in the best interest of super fund members. Chant West general manager Ian Fryer explained there's been several unintended consequences of ...

Australia's first global carbon credits ETF hits market

CHLOE WALKER  |  THURSDAY, 13 OCT 2022
VanEck Australia has launched an ETF to give investors access to a global marketplace for carbon credits. VanEck Global Carbon Credits ETF (XCO2) will track the ICE Global Carbon Futures Index, which sources carbon credit futures prices from the four ...