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Showing 581 - 590 of 6011 results for "Credit"

RBA to meet for final 2024 rate decision

ELIZA BAVIN  |  TUESDAY, 10 DEC 2024
... mortgages, rather than increased discretionary spending - which could have had an inflationary effect. "illion's Consumer Credit Stress Barometer for the September quarter showed that, for the first quarter of this financial year, credit stress improved ...

Settlement reached in Caddick class action

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
... Ponzi scheme, those involved in the action are very pleased. "It is an amazing result from a Ponzi scheme, and it's a credit to the receivers and liquidators of Maliver and Ms Caddick," he said. In December 2023, Chapman told Financial Standard that ...

Treasury reappoints 24 members to FSCP

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
The Albanese government has reappointed 24 members to the Financial Services and Credit Panel (FSCP) for a three-year period beginning 1 January 2025. The candidates bring with them a range of knowledge and experience across the fields of business ...

Australian Retirement Trust appoints new chief risk officer

ANDREW MCKEAN  |  FRIDAY, 6 DEC 2024
... governance capability. Burke brings more than 25 years of risk and governance experience, having worked for firms including Credit Suisse, Standard Chartered, PGIM, and Westpac across the Americas, Europe, and Asia Pacific. ART chief executive David ...

HarbourVest adds to local team

ELIZABETH FRY  |  FRIDAY, 6 DEC 2024
... sourcing co-investment capital and originating and executing deals. Previously, Mancini ran hedge fund strategic services at Credit Suisse and unlisted assets at AMP Capital as head of investment specialists. His prior experience includes roles at Macquarie ...

Equity Trustees completes AET integration

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
... Equity Trustees' chair Carol Schwartz thanked those who worked on the integration. "The success of this integration is a credit to the management team and reflects the expertise that we have built adding new businesses into the group," Schwartz said. ...

HMC Capital makes $950m acquisition

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
... Australia and the US. HMC has enjoyed a run of positive acquisitions this year after launching three new platforms in private credit, energy transition and digital infrastructure. In August, Di Pilla said he expects each of the platforms to perform very ...

More work to do on reportable situations compliance, ASIC says

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
... compliance with the reportable situations regime, a review found. Recent surveillance by ASIC found financial services and credit licensees have some way to go in ensuring they're compliant with the reportable situations regime. Reviewing the compliance ...

Half of advice, super complaints result in no remedy

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
... complaints reported. General insurance products were subject to the most complaints (33% of all complaints), followed by credit products (22%) and deposit-taking products (15%). Most complaints were about service (45%), followed by charges (22%) and ...

BlackRock makes US$12bn acquisition

MATTHEW WAI  |  WEDNESDAY, 4 DEC 2024
BlackRock is set to acquire credit manager HPS Investment Partners for US$12 billion, creating a US$220 billion franchise. Under the deal, the two entities will create a new private financing solutions business, to be led by HPS chief executive Scott ...