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Showing 521 - 530 of 4263 results for "Action"

Charter Hall, Hostplus takeover offer for HPI rejected

ELIZA BAVIN  |  MONDAY, 21 OCT 2024
... HPI said the unsolicited offer was "opportunistic". "HPI's directors continue to recommend that security holders take no action in relation to any correspondence from Charter Hall Retail REIT and Hostplus," HPI said.

BNP Paribas shutters EARTH Trust

JAMIE WILLIAMSON  |  FRIDAY, 11 OCT 2024
... "Under these circumstances, we believe the fund can no longer meet its purpose. Therefore, we consider the best course of action is to bring about the timely closure of the fund," Equity Trustees said. The EARTH Trust was made available to Australian ...

AustralianSuper updates deceased members' investments

KARREN VERGARA  |  WEDNESDAY, 9 OCT 2024
AustralianSuper has changed the way it invests deceased members' funds and refreshed the investment objectives for two options. As of October 1, AustralianSuper is moving account balances to the cash option after it is notified of a deceased member's ...

Global Capital Property to be wound up

KARREN VERGARA  |  TUESDAY, 8 OCT 2024
... court appoint liquidators to GCPF. Justice Neskovcin also varied the freezing orders to allow the liquidators to take any action regarding GCPF's property. GCPF must now pay several ASIC legal costs.

ANZ, OnePath settle $50m class action

ELIZA BAVIN  |  FRIDAY, 4 OCT 2024
... OnePath superannuation customers may be entitled to get their super back after Slater and Gordon secured a $50 million class action settlement. The no-fault settlement was reached with ANZ and its former subsidiaries, OnePath Custodians (OPC) and OnePath ...

Federal Court quashes ANZ appeal

KARREN VERGARA  |  THURSDAY, 3 OCT 2024
... disclosure laws relating to a 2015 institutional share placement and upheld the bank pay the $900,000 penalty. ASIC took action on ANZ in 2018, alleging it failed to notify the ASX that $791 million of the $2.5 billion of the shares were to be acquired ...

ASIC crackdown: Action taken against 13 SMSF auditors

ELIZA BAVIN  |  WEDNESDAY, 2 OCT 2024
... professional development obligations, or for not being a fit and proper person to remain an approved SMSF auditor. This action was in addition to the 15 SMSF auditors, engaged in 'in-house audits,' that ASIC announced it acted against in March 2024. ...

Inflation cools but RBA unlikely to budge

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
The monthly Consumer Price Index (CPI) indicator rose 2.7% in the 12 months to August 2024 - down from 3.5% in July, according to the latest data from the Australian Bureau of Statistics (ABS). Falls in fuel (-7.6%) and electricity (-17.9%) were significant ...

E&P Financial Group seeks to delist

KARREN VERGARA  |  TUESDAY, 24 SEP 2024
... from the ASX, claiming the company is materially undervalued thanks to the barrage of regulatory proceedings and class action litigation it faced in recent years. These issues have sustained a negative impact on the share price, the board said, noting ...

ASIC sees case against Rest thrown out

ANDREW MCKEAN  |  THURSDAY, 19 SEP 2024
... Sarah Court said that superannuation portability and choice of super fund are important member rights. "ASIC brought this action to clarify the law around those rights and to emphasise the critical responsibility of trustees to provide accurate information ...