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Showing 571 - 580 of 3225 results for "April 1996"

Pension fund pushes for independent chair at Berkshire Hathaway

JAMIE WILLIAMSON  |  FRIDAY, 22 APR 2022
One of the world's largest pension funds has indicated it will vote Warren Buffett out as chair of Berkshire Hathaway at the company's annual general meeting later this month. Despite his notoriety as the world's best investor, the California ...

Rest simplifies super splitting

ELIZABETH MCARTHUR  |  THURSDAY, 21 APR 2022
Industry fund Rest has adopted a new super splitting method, aimed at making the distribution of superannuation assets simpler for members. Rest's Super Split initiative allows super assets to be split when a member becomes divorced. It includes a new ...

RBA eyes an early rate hike

ANDREW MCKEAN  |  WEDNESDAY, 20 APR 2022
Reserve Bank of Australia (RBA) minutes for April have strongly suggested that inflationary and wage growth developments have brought forward the likely timing of the first interest rate increase. Interest rates in Australia haven't been raised since ...

Australia's first-ever Bitcoin ETF to launch next week

ANDREW MCKEAN  |  WEDNESDAY, 20 APR 2022
Australia's first bitcoin exchange-traded fund (ETF) is expected to list on the Cboe Australia platform as soon as next week. The race to be the first physically backed Bitcoin ETF in Australia will be between Cosmos Asset Management and ETF Securities. ...

AMP confirms sale talks with Dexus

ANDREW MCKEAN  |  TUESDAY, 19 APR 2022
In response to unremitted market speculation, AMP has confirmed that it held discussions with multiple parties, including real estate investment trust Dexus. In an update to investors, AMP said the discussions regarded the potential sale of the assets ...

ASIC suspends Dixon Advisory AFSL

ELIZABETH MCARTHUR  |  TUESDAY, 19 APR 2022
ASIC has suspended the Australian financial services licence of embattled Dixon Advisory & Superannuation Services. The regulator's move follows the appointment of Stephen Graham Longley and Craig David Crosbie as joint administrators to Dixon Advisory ...

Mayfair sues Mission Beach lender

ELIZABETH MCARTHUR  |  THURSDAY, 14 APR 2022
Mayfair 101 and its founder James Mawhinney are now suing the financier that allowed the company to purchase property in Mission Beach. Mayfair 101 obtained bridging finance, to purchase the Mission Beach property, from Napla between late 2019 and early ...

ASIC imposes travel restraint orders against ex-director

ANDREW MCKEAN  |  WEDNESDAY, 13 APR 2022
ASIC has obtained interim travel restrain orders against Mark Francis McCabe, a former director of Guevara Capital Access and Online Trading Capital. ASIC applied for these orders because it is concerned that from 31 July 2014 and ongoing, McCabe may ...

Government welcomes ATO family trust guidance

CHLOE WALKER  |  TUESDAY, 12 APR 2022
Assistant treasurer Michael Sukkar has welcomed the ATO's recent draft guidance on family trusts, noting that they are a legitimate and important way for families, particularly those running small businesses, to manage their financial affairs. This ...

Pendal rejects Perpetual bid

ELIZABETH MCARTHUR  |  TUESDAY, 12 APR 2022
The Pendal board has determined the recent takeover offer from Perpetual is not in the best interests of shareholders. The conditional, non-binding indicative offer from Perpetual to acquire 100% of the shares in Pendal by way of a scheme of arrangement ...