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Showing 541 - 550 of 2671 results for "Purchase"

Cbus expands clean-energy holdings

KARREN VERGARA  |  TUESDAY, 8 DEC 2020
... significant investment for Cbus, providing our members with strong risk-adjusted returns, underpinned by long-term power purchase agreements with an investment-grade counterparty. There is also the opportunity to optimise the assets alongside the deep ...

Chief economist update: China turns crisis into opportunity

BENJAMIN ONG  |  TUESDAY, 8 DEC 2020
"When written in Chinese, the word 'crisis' is composed of two characters. One represents danger and the other represents opportunity." Although already debunked as incorrect by Sinologists, this quotation attributed to John F. Kennedy regained ...

Westpac sells Pacific to PNG bank

ANNABELLE DICKSON  |  MONDAY, 7 DEC 2020
Westpac has announced the sale of Westpac Fiji and the majority stake of its operations in Papua New Guinea to Kina Securities. Kina Securities will pay $420 million for Westpac Fiji and 89.91% of Westpac PNG Limited which combined have net assets of ...

Director charged with dishonest conduct

ANNABELLE DICKSON  |  FRIDAY, 4 DEC 2020
... misused his position as a director of Secure Investments for his own benefit by using funds invested with the company to purchase shares for himself in a security company. In October, the Federal Court ordered the winding up of Secure Investments and ...

Elanor healthcare fund continues expansion

ANNABELLE DICKSON  |  THURSDAY, 3 DEC 2020
... Elanor Investors Group has announced its fourth acquisition to the Elanor Healthcare Real Estate Fund (EHREF) with the purchase of a medical facility. The fund acquired a multi-tenanted medical facility in Rockingham, Western Australia for $22.9 million ...

Chief economist update: David Australia versus Goliath China

BENJAMIN ONG  |  WEDNESDAY, 2 DEC 2020
The Reserve Bank of Australia (RBA) kept monetary policy unchanged at its December board meeting - the last of 2020 - and for good reason. "In Australia, the economic recovery is under way and recent data have generally been better than expected... ...

Reverse mortgages used to extinguish debt

KARREN VERGARA  |  THURSDAY, 26 NOV 2020
... Heartland Seniors Finance over a 15-year period. Thirty one percent use reverse mortgages to pay off existing dent, while 21% purchase a new car. An equal number (18%) of seniors draw on their home equity to fund holidays and have extra income on hand. ...

Chief economist update: Dow 30 thousand

BENJAMIN ONG  |  THURSDAY, 26 NOV 2020
"Be fearful when others are greedy and greedy when others are fearful." - Warren Buffett History is again bearing witness to the "Sage of Omaha's" widely-known investing principle for who would have dreamed that the US equity market would rally ...

Household capital remains key: RIR

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... increases in home values mean prospective home owners need to spend more of their working-life incomes to finance their purchase. "As a result, people have less income available to either spend during working life or invest in other savings vehicles," ...

Elanor sells mall for $130m

KARREN VERGARA  |  THURSDAY, 19 NOV 2020
... Property Fund (ERF) has sold a retail property for $129.5 million to SCA Property Group, which is nearly double of its purchase price from five years ago. ERF sold 100% of its interest in Auburn Central, a shopping mall in Western Sydney, which was acquired ...