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Showing 551 - 560 of 6512 results for "News"

Brisbane Mater acquired for $122.5m

ELIZA BAVIN  |  FRIDAY, 9 OCT 2020
Mater Misericordiae, Queensland's largest Catholic, not-for-profit hospital, has been acquired by Charter Hall Social Infrastructure REIT for $122.5 million. The Charter Hall Social Infrastructure REIT (CQE) announced it had entered into an agreement ...

Netwealth sees rise in inflows

ELIZA BAVIN  |  THURSDAY, 8 OCT 2020
... period last year, reaching a balance of $6.5 billion as at 30 September 2020. In August Netwealth announced the launch of two news funds on its platform, both managed by Magellan Asset Management. The platform provider said those funds mark the first ...

AAA rating holds on by a thread

ELIZA BAVIN  |  WEDNESDAY, 7 OCT 2020
Australia's AAA rating will remain, but is hanging on by a thread following the government's budget announcement. Fitch ratings revised the country's rating from stable to negative on the fiscal impact of the COVID-19 shock. "The negative outlook reflects ...

Budget commitment to aged care not good enough

ALLY SELBY  |  TUESDAY, 6 OCT 2020
... July 2021, subject to the passing of legislation. Lane said the removal of the tax disincentive for granny flats was great news. "It will encourage families to have a formal agreement, which is so important in providing certainty for grandparents and ...

New property fund launched

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... property yield of 6%, total fund equity of $30.1 million and scheduled fund unit allotment date in November this year. The news comes after Eildon Capital Group, also managed by Eildon Funds Management and owned by CVC Limited, said it was seeking to ...

ERS extension flagged, criticised

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
Industry Super Australia (ISA) has called for the end of the government's Early Release of Super scheme after Senator Jane Hume signaled the possibility of a third tranche. The assistant minister for superannuation flagged the possibility last night ...

Calls for aged care overhaul

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
Australia's aged care system is failing and needs to be overhauled, according to the Grattan Institute. Grattan health program director Stephen Duckett said the care and support of older Australians must come before the profits of private providers. ...

Low rates put retirees at risk: Vanguard

ELIZA BAVIN  |  TUESDAY, 29 SEP 2020
Retirees will need to be 100% allocated to equities and greatly elevate their portfolio risk to meet most income needs in the current low yield environment, according to Vanguard. Vanguard's latest research paper titled An enduring solution for ...

Financial advice firms facing failure: Dynamic Asset Consulting

ELIZA BAVIN  |  MONDAY, 28 SEP 2020
Dynamic Asset Consulting (DAC) has warned that financial advisers are putting their businesses and their clients at serious risk by implementing traditional strategic asset allocation (SAA) portfolios. DAC portfolio manager Jerome Lander said most Australian ...

BlackRock clamps down on work romances

KARREN VERGARA  |  FRIDAY, 25 SEP 2020
... colleagues. The new rules extend existing workplace policies to encompass the global fund manager's vast network. Several news outlets such as the BBC and The Times have reported the new company policies have been introduced. It also follows two ...