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Showing 581 - 590 of 7456 results for "Marc"

Magellan warns of staggering sovereign debt

KARREN VERGARA  |  WEDNESDAY, 6 NOV 2024
The unrelenting rise in sovereign debt could adversely impact investment markets, according to Magellan Financial Group, particularly as global public debt is expected to exceed US$100 trillion by the end of this year. Magellan warns that in many parts ...

E&P Financial advances delisting

KARREN VERGARA  |  MONDAY, 4 NOV 2024
E&P Financial Group will delist from the ASX after shareholders narrowly approved the move at the Extraordinary General Meeting (EGM). Some 76.5% of E&P shareholders agreed that the company should delist at the EGM held on November 1. The delisting ...

Macquarie reports $1.6bn net profit

ANDREW MCKEAN  |  FRIDAY, 1 NOV 2024
Macquarie Group has posted a net profit of $1.6 billion for the half year ended September 30, marking a 14% increase from the previous corresponding period. Macquarie managing director and chief executive Shemara Wikramanayake said improved performance ...

Non-bank lender sued for dodging Credit Code

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2024
The corporate regulator is suing Oak Capital, alleging it deliberately circumvented the National Credit Code by writing loans to companies it knew were for individuals before repossessing their homes when they couldn't repay. Oak Capital is a private ...

Inflation falls within RBA's target range

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2024
The Consumer Price Index (CPI) rose 0.2% in the September 2024 quarter and 2.8% annually, according to the latest data from the Australian Bureau of Statistics (ABS). "The September quarter's rise of 0.2% is the lowest outcome since the June 2020 quarter ...

Cole puts funds on notice as expenditure data is revealed

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2024
APRA has published the in-depth data on super funds' expenditure from marketing costs and payments to industrial bodies to spending on member services, as the regulator puts a spotlight on how member money is being spent. AustralianSuper had the ...

HMC Capital makes $2bn acquisition

ELIZA BAVIN  |  THURSDAY, 24 OCT 2024
HMC Capital has announced it will establish a global digital infrastructure platform comprising the global DigiCo Infrastructure REIT, intended to be listed on the ASX alongside a new unlisted institutional fund. HMC will acquire Global Switch Australia ...

ASIC cans timeshare company AFSL

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
ASIC cancelled the AFS Licence (AFSL) of timeshare company Ultiqa Lifestyle Promotions, which has been in trouble in the past for providing bad financial advice. Ultiqa's failure to pay an Australian Financial Complaints Authority (AFCA) determination ...

Regal indicted for alleged short-selling breach

KARREN VERGARA  |  MONDAY, 21 OCT 2024
Regal Partners has been indicted by the South Korean securities watchdog after a former employee allegedly breached the country's tough short-selling rules. The Korean Prosecutor's Office issued an indictment against Regal and its former employee ...

Hopes of RBA cut 'in tatters' after jobs data

ELIZA BAVIN  |  THURSDAY, 17 OCT 2024
The unemployment rate held steady at 4.1% in September, in line with the revised figure for August, according to seasonally adjusted data released by the Australian Bureau of Statistics (ABS). "With employment rising by around 64,000 people and the ...