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Showing 561 - 570 of 2671 results for "Purchase"

Aberdeen drops fees on fixed income fund

KANIKA SOOD  |  TUESDAY, 3 NOV 2020
... running yield has fallen, the potential for capital gains remains - particularly as the RBA embarks upon an expanded asset purchase program." Jollie said Aberdeen hasn't made any other changes but continues to monitor the fees. The fund invests in ...

Westpac settles two class actions

KARREN VERGARA  |  FRIDAY, 30 OCT 2020
Westpac has agreed to settle two separate class actions relating to anti-money laundering breaches and rate rigging initiated in the US for undisclosed amounts. The bank settled the action filed by Rosen Law Firm relating to its failure to monitor financial ...

Chief economist update: The recession is over

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2020
The Australian recession is over! This was what Reserve Bank of Australia deputy governor Guy Debelle implicitly told a Senate Estimates virtual hearing when he said :"At the moment it looks like the September quarter for the country probably recorded ...

AustralianSuper backs cobalt miner

KANIKA SOOD  |  WEDNESDAY, 21 OCT 2020
... scandium projects. It said it will use the $45 million raise to acquire a nickel-cobalt refinery in Brazil, including purchase deposit, lease payments from March 2021 and restart study costs. It will also use the money for Idaho Cobalt Operations. The ...

BOQ sells insurance business

ELIZA BAVIN  |  WEDNESDAY, 14 OCT 2020
... segments while simplifying out business model." Farmcove managing director Matt Lancaster said the company is looking at its purchase of St Andrew's with a "long horizon" mindset. "St Andrew's has insured more than 600,000 Australians over its two decade ...

AUSTRAC releases guidance on wildlife trafficking

ALLY SELBY  |  MONDAY, 12 OCT 2020
AUSTRAC private-public initiative the Fintel Alliance has released a financial crime guide to combat Australia's illegal wildlife trafficking industry. The guide, developed in partnership with the Department of Agriculture, Water and Environment, draws ...

Adviser sentenced to eight years' prison

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
... ASIC investigation revealed that Dick used clients' money to fund his lifestyle, including $72,000 which was used to purchase and maintain a boat. Synchron director Don Trapnell told Financial Standard Dick's authorisation was ceased after he ...

TPB bans tax agent over COVID-19 fraud

ALLY SELBY  |  FRIDAY, 9 OCT 2020
... found that two days after the falsified refund had been received Tong contacted the first client and made an offer to purchase the client's business, which the client declined. Subsequently, Tong offered to apply for COVID-19 stimulus funds in return ...

Brisbane Mater acquired for $122.5m

ELIZA BAVIN  |  FRIDAY, 9 OCT 2020
... an extensive network of hospitals, health centres and a research institute with gross assets of over $1 billion. The purchase price of $122.5 million upon completion reflects a passing yield of 4.84%, with fixed annual rental increases of 3%. The property ...

Government declares record deficit, super reforms

JAMIE WILLIAMSON  |  TUESDAY, 6 OCT 2020
... small and medium businesses, including enabling 99% of businesses to write off the full value of any eligible asset they purchase until June 2022. Those that have been doing it tough will also be able to offset losses incurred to June 2022 against any ...