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Showing 471 - 480 of 6252 results for "Cash"

ANZ, OnePath settle $50m class action

ELIZA BAVIN  |  FRIDAY, 4 OCT 2024
... the firm. The class action alleged that OPC breached its duties as trustee by investing members' superannuation funds in cash investment options with its parent company ANZ, at rates for members that were lower than those offered to other depositors ...

Pengana pauses share buyback

ANDREW MCKEAN  |  WEDNESDAY, 2 OCT 2024
... price of $1.02 per share. The board expects this first tranche to be repaid in full, which would result in an $11 million cash inflow for Pengana. This repayment would occur at a 46% premium to the current share price of $0.70. However, the board anticipates ...

Hamilton Lane adds SCOPE to product lineup

ELIZA BAVIN  |  WEDNESDAY, 2 OCT 2024
... closed-end structures, Hamilton Lane said. As an all-weather fund, SCOPE seeks to generate consistency of performance and cash yield through up and down markets. The fund seeks to invest in privately held, market-leading assets situated in historically ...

Carnegie's MHC Digital, Circle target local stablecoin push

ANDREW MCKEAN  |  TUESDAY, 1 OCT 2024
... use cases. USDC is a fully reserved stablecoin, with over US$33 billion in circulation, backed entirely by highly liquid cash and cash-equivalent assets. It's redeemable 1:1 for US dollars and issued by Circle through its regulated entities. Through ...

Ontario Teachers', Hines snap up build-to-rent portfolio

ANDREW MCKEAN  |  TUESDAY, 1 OCT 2024
... fundamentals. "Hines sees tremendous potential in Australian BTR for both investors and residents. It's poised to offer stable cash flow and income growth while helping to meet the demand for quality rental housing in the country," he said. CBRE, which ...

Labor delivers another budget surplus, but productivity stalls

ELIZA BAVIN  |  TUESDAY, 1 OCT 2024
The final budget outcome for 2023/24 came in as a surplus of $15.8 billion - or 0.6% of GDP - for the underlying cash balance - an improvement of $6.5 billion on the previous estimates. The better-than-expected outcome was driven mainly by the payments ...

Schroders launches high yield credit strategy

MATTHEW WAI  |  FRIDAY, 27 SEP 2024
... benchmarks, to capture returns with appropriately managed risk." The fund seeks to deliver returns of 2.5% to 3.0% above the cash rate and offers liquidity daily, unlike term deposits. It charges a management fee of 0.50% per annum and requires a minimum ...

Rapid growth in super sector poses risk to financial stability: RBA

ELIZA BAVIN  |  FRIDAY, 27 SEP 2024
... economies, a further easing in inflation − and with it, lower policy rates − is expected to support the balance sheets and cash flows of households and firms over the period ahead."

Soul Patts sees profits slide 28%

ELIZA BAVIN  |  THURSDAY, 26 SEP 2024
... profit slide, investors will receive a fully franked dividend of $0.95 per share - an increase of 9.2% - thanks to higher cash flows from its private equity and emerging companies portfolio. The total portfolio grew 8.7% to a new asset value of $11.8 ...

Inflation cools but RBA unlikely to budge

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
... insights into how inflation is trending." The latest inflation data comes after the Reserve Bank of Australia (RBA) kept the cash rate on hold at 4.35% at the September meeting yesterday. Despite cooling inflation, the market is not anticipating the ...