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Showing 511 - 520 of 14210 results for "Interest"

Iress hunts for new chief, takeover talks progress

KARREN VERGARA  |  MONDAY, 18 AUG 2025
... Jason Hoang, the co-founder of Xplan, exited the firm. The leadership update comes as Blackstone and Thoma Bravo express interest in acquiring Iress. The company recently confirmed media speculation surrounding this. Iress said it remains "open to further ...

Special feature: Hunting for value

LACHLAN COLQUHOUN  |  MONDAY, 18 AUG 2025
... his tariff policies and a stream of invective directed at the US Federal Reserve, which is stubbornly refusing to cut interest rates on command. Perhaps market sentiment has become immune to these gyrations, or perhaps there is a new normal with volatility ...

Super board moves: ART, Aware, Brighter Super

MICHELLE BALTAZAR  |  THURSDAY, 14 AUG 2025
August is a season for reporting - and board appointments. Three major super funds ART, Aware and Brighter Super announce their latest additions. At Australian Retirement Trust (ART), multiple chair appointee Anthony Lynham will join the board on August ...

Elanor rebuffs Lederer's governance concerns

KARREN VERGARA  |  WEDNESDAY, 13 AUG 2025
... said it launched its Independent Board Committee and adopted appropriate protocols to manage any potential conflicts of interest that may arise between the interests of Elanor and securityholders. It also established its Board Committee to represent ...

RBA cuts rates, experts debate next moves

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
As widely anticipated, the Reserve Bank of Australia (RBA) delivered a 0.25% interest rate cut at the August meeting, bringing the official cash rate down to 3.6%. The RBA board noted that the easing in inflation alongside a softening in the labour ...

CBA sets aside $52m for remediation

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
Commonwealth Bank of Australia (CBA) said it has provisioned $52 million for remediation purposes as it finalises various class actions, including those related to superannuation and advice. CBA said the group is still defending two superannuation class ...

Pacific Equity Partners takes stake in data centres

JAMIE WILLIAMSON  |  TUESDAY, 12 AUG 2025
... have its own board, management team and debt financing facilities. It's expected PEP will pay about $486 million for the interest, and a further $98 million by the end of 2027 providing certain objectives are met. The funds will be used to reduce Spark's ...

HESTA to lower insurance fees

ELIZA BAVIN  |  TUESDAY, 12 AUG 2025
... proposals received from a range of insurers as part of our tender process and would like to thank them for their strong interest and their time and effort in submitting very competitive proposals." HESTA first partnered with AIA in 2018, and the most ...

RBA cut 'highly likely', but caution remains

ELIZA BAVIN  |  MONDAY, 11 AUG 2025
Economists and experts are anticipating another interest rate cut to be delivered by the Reserve Bank of Australia (RBA) at its August meeting tomorrow. T. Rowe Price co-portfolio manager of the dynamic global bond strategy Scott Solomon said unlike ...

New Challenger IM notes seek to raise $350m

KARREN VERGARA  |  MONDAY, 11 AUG 2025
... strategies. Challenger IM LiFTS 1 Notes, which will list under the ticker code CIMHA, offer a fixed term of seven years monthly interest payments. Interest rate payable is 1M BBSW + 2.75% p.a. Proceeds raised will be invested in a portfolio of public ...