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Showing 551 - 560 of 4600 results for "RAISE"

Dexus, Partners Wealth Group airport fund to take off

CHLOE WALKER  |  MONDAY, 5 JUN 2023
... Pacific Airports Corporation (APAC), the unlisted holding company of Melbourne Airport and Launceston Airport. The initial raise, via Partners Private, is targeting over $130 million for circa 1% of APAC, with the potential to raise more to grow the ...

The Australian small-cap conundrum: VanEck

CASSANDRA BALDINI  |  FRIDAY, 2 JUN 2023
... "For example, many small unprofitable mining companies listed on the ASX are in the infant stage of the business cycle to raise capital for exploration or mine development." He said this is less common globally, as offshore exchanges have stricter rules ...

It's the year of the raise, says Hays

JAMIE WILLIAMSON  |  THURSDAY, 1 JUN 2023
About 95% of financial services employers are planning to pay their staff more in the next 12 months, and it may just be because more than half of workers are considering going elsewhere, Hays has found. According to the latest Hays Salary Guide, 68% ...

Risk of recession growing: Podcast

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
... (RBA) rate increases. Earlier in the week, the Australian share market rallied following the decision by US lawmakers to raise the debt ceiling. If the agreement is passed by Congress, the ASX may see another modest rise, however, speaking on the latest ...

Bank of Queensland slapped with EU

CASSANDRA BALDINI  |  WEDNESDAY, 31 MAY 2023
APRA and AUSTRAC have agreed to a court enforceable undertaking (CEU) following weakness in the bank's risk management and money laundering controls. APRA said it's acted following several beaches or its prudential standards and a review that ...

US debt ceiling agreement reached

CASSANDRA BALDINI  |  MONDAY, 29 MAY 2023
An eleventh-hour tentative deal has been struck by US lawmakers to raise the debt ceiling and avoid a national default disaster. US President Joe Biden and House Speaker Kevin McCarthy announced on Sunday their agreement to raise the $48 trillion (US$31.4 ...

Former fund manager director convicted

CHLOE WALKER  |  WEDNESDAY, 24 MAY 2023
... $500,000 account balance to the auditors of Global Merces. Grofski did so to convince the auditors that they did not need to raise concerns about the solvency of Global Merces with ASIC. Grofski did not have authorisation to use $500,000 of investor ...

ASIC issues stop orders to Saxo

CASSANDRA BALDINI  |  FRIDAY, 19 MAY 2023
Saxo Capital Markets was forced to amend its target market determinations after the regulator raised concerns. ASIC said the stop orders, handed down on Tuesday, prevented Saxo from issuing new contracts for difference (CFDs) to retail clients because ...

Boutique co-founder jumps to AustralianSuper

ELIZABETH FRY  |  FRIDAY, 19 MAY 2023
... of our global small caps fund was very good - excellent versus most of our peers globally - but we were simply unable to raise enough funds. "Both the global and Australian small caps funds are now closed. We are in discussion with several groups, both ...

US default risk: Are credit default swaps signalling trouble?

ANDREW MCKEAN  |  WEDNESDAY, 17 MAY 2023
A Western Asset product specialist says rising credit default swap (CDS) spreads have sparked concerns. However, he downplayed the risk of a US default, calling it a "very low probability event". Robert Abad recalled the sole instance of a "technical" ...