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Showing 461 - 470 of 7855 results for "Board"

NAB forecasts 50bp rate cut in May

ELIZA BAVIN  |  THURSDAY, 10 APR 2025
... cut by 50bps in May, followed by 25bps in July, August, November and February." Auld said a lot has changed since the RBA board met earlier this month with risks to both global and domestic growth shifting to the downside. "Against this backdrop, a restrictive ...

Data centres 'major growth sector' for Australia: Report

MATTHEW WAI  |  WEDNESDAY, 9 APR 2025
... strengthening in Australia, pointing to the example of the sale of AirTrunk by Blackstone to the Canadian Pension Plan Investment board in 2024. "[The sale] cemented data centres as a major growth sector for Australia, and momentum has only been building ...

PM Capital hits back at Platinum after offer rejected

ELIZA BAVIN  |  TUESDAY, 8 APR 2025
... PGF offer was "not superior" to the PAXX offer. "PGF is surprised with the outcome of the Platinum Capital (PMC) and PAI board's review and continues to believe that the PGF proposals offer PMC and PAI shareholders with significantly better financial ...

TAL takes 15% stake in Challenger

KARREN VERGARA  |  MONDAY, 7 APR 2025
... completing the takeover of the stake, Masahiko Kobayashi will step down as MS&AD's representative on the Challenger board. The transaction is subject to approvals from APRA and the Australian Foreign Investment Review Board (FIRB). Hamilton said ...

Platinum funds merger to go ahead

ELIZA BAVIN  |  MONDAY, 7 APR 2025
... Opportunities Fund and will move forward with plans to merge with the Platinum Asia Fund Complex ETF (PAXX). PAI's independent board reviewed both merger opportunities and rejected the PM Capital offer on the grounds that it was not superior to the Platinum ...

Sue Brake joins Aware Super committee

ELIZABETH FRY  |  THURSDAY, 3 APR 2025
... appointed to the committee for two years - will oversee the management of the investment portfolio and advise Aware Super's board. Brake and Smith will join committee chair Philip Moffitt, Aware Super chair Christine McLoughlin, Patricia Faulkner ...

APRA hits ANZ with $1bn capital penalty

ELIZA BAVIN  |  THURSDAY, 3 APR 2025
... addressed as a priority. "ANZ has offered the CEU to APRA in response to the concerns I have raised directly with the ANZ board, including the chair. They have assured me that they are fully committed to the undertakings in the CEU and will provide strong ...

Investors called on to help end modern slavery

ELIZA BAVIN  |  THURSDAY, 3 APR 2025
Australian anti-slavery commissioner Chris Evans has told the Australian Council of Superannuation Investors (ACSI) summit that he will be pushing for tougher penalties on those who have not done enough to abolish slavery from their supply chains. "As ...

RBA flags concerns over 'geopolitical uncertainties'

ELIZA BAVIN  |  WEDNESDAY, 2 APR 2025
... and this would likely be amplified if the scope of tariffs widens, or other countries take retaliatory measures," the RBA board noted. "Geopolitical uncertainties are also pronounced. These developments are expected to have an adverse effect on global ...

Plenary names new chief executive

KARREN VERGARA  |  MONDAY, 31 MAR 2025
... within the infrastructure and utilities sectors. Plenary has yet to name a new investments chief. Lamming will remain in board positions within the group and will also chair the Middle East unit. He joined in 2004 when Plenary launched and took over ...