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Showing 511 - 520 of 7856 results for "Board"

Super moves: Aware Super, CareSuper

ELIZABETH FRY  |  THURSDAY, 20 FEB 2025
... public-private partnerships, and aged care investments. A former investment director at AMP Capital, Jiang is also an experienced board director, having previously been on the boards of Taranaki-based Powerco New Zealand and Macarthur Wind Farm.She brings ...

Magellan sees profit fall 10%

ELIZA BAVIN  |  THURSDAY, 20 FEB 2025
... success is dependent on the trust placed in us by our clients, a trust we do not take lightly," he said. Formica added the board is also excited to have Sophia Rahmani appointed as the new chief executive. She will commence in the role on March 3. "As ...

BUSSQ handed stricter licence conditions by APRA amid appeal

ANDREW MCKEAN  |  THURSDAY, 20 FEB 2025
... BUSSQ's compliance with these obligations. In January, the Federal Court dismissed BUSSQ's challenge. Now, BUSSQ's board has taken a further step, challenging the judgement. "The decision by the Federal Court ruled that BUSSQ had alternative ...

RBA delivers 'cautious' cut, road ahead unclear

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2025
... settle above the midpoint of the target range. In removing a little of the policy restrictiveness in its decision... the board acknowledges that progress has been made but is cautious about the outlook." Doubling down on the official statement from the ...

Challenger profits up, share price falls

ANDREW MCKEAN  |  TUESDAY, 18 FEB 2025
... investment markets. Normalised return on equity (ROE) increased 1.2% to 11.6% post-tax, exceeding targets. Challenger's board also declared a fully franked interim dividend of 14.5 cents per share - an increase of 12%. Challenger managing director and ...

CSC sells down data centre holdings to Future Fund, Infratil

KARREN VERGARA  |  TUESDAY, 18 FEB 2025
The Future Fund and Infratil will up their stakes in a local data centre services provider as the Commonwealth Superannuation Corporation (CSC) sheds some of its holdings. CSC has agreed to offload 12.04% of the ordinary shares it holds in Canberra ...

Why the RBA should not cut rates

ELIZA BAVIN  |  TUESDAY, 18 FEB 2025
... Sydney, Masters said that while the market is pricing in a rate cut and she believed it was likely one would come, the RBA board may not want to jump the gun. "Inflation hurts all Australians, and this is a point that [RBA governor Michele] Bullock has ...

Oaktree offers Star $650m lifeline

ELIZA BAVIN  |  TUESDAY, 18 FEB 2025
... not conditional on Star raising subordinated capital, or any waiver or deferral of tax payable to state governments. "The board of The Star will consider the proposal. There is no certainty that the proposal will be progressed, that the conditions to ...

Economist calls for 35bps rate cut

ELIZA BAVIN  |  MONDAY, 17 FEB 2025
The Reserve Bank of Australia (RBA) is expected to deliver its first interest rate cut since November 2020 when the board meets tomorrow. However, while most of the market is expecting a regular 0.25% cut, Betashares chief economist David Bassanese ...

Perpetual receives fresh KKR bid

ELIZA BAVIN  |  MONDAY, 17 FEB 2025
... commissioner's views. "Based on strong advice from relevant tax experts, including senior counsel, and following extensive board testing and consideration, Perpetual continues to be of the view that the provisions should not apply," Perpetual said ...