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Showing 41 - 50 of 2996 results for "February 11"

US private credit firm swoops in to save Star

ELIZA BAVIN  |  MONDAY, 30 MAR 2026
Star Entertainment has entered a binding commitment with US private credit fund WhiteHawk Capital Partners to refinance the group's debt. The agreement is for a three-year refinancing, covering existing obligations and providing additional liquidity ...

Inflation remains firm, May rate hike still in play

ELIZA BAVIN  |  THURSDAY, 26 MAR 2026
The Consumer Price Index (CPI) rose 3.7% in the 12 months to February 2026, according to the Australian Bureau of Statistics (ABS). "The 3.7% annual CPI inflation to February eased slightly from the 3.8% annual CPI inflation to January," ABS head of ...

Pepper Money rejects Challenger's bid

ELIZA BAVIN  |  WEDNESDAY, 25 MAR 2026
Pepper Money has rejected Challenger's "best and final" takeover offer of $2.25 per share after it slashed the offer price from $2.60 per share earlier this month. "Following its consideration of the proposal and consultation with shareholders, the ...

FEATURE | Regulation: Picking up the pieces

KARREN VERGARA  |  TUESDAY, 24 MAR 2026
When Melinda Kee was sick with COVID-19, she took respite for one week. Kee saw it as an opportunity to tick off some personal administration she'd been meaning to get to, such as changing her pet and health insurance, and electricity and gas providers. ...

Severe underperformance sees Polen Capital funds wound up

JAMIE WILLIAMSON  |  TUESDAY, 24 MAR 2026
Montgomery Investment Management has cut ties with Polen Capital, with the latter's responsible entity opting to terminate its funds after five years of underperformance. Polen Capital first entered the local wholesale market in 2021 through a partnership ...

APRA kicks off Retirement Reporting Framework consultation

KARREN VERGARA  |  TUESDAY, 24 MAR 2026
APRA has launched a consultation on how it can effectively collect and report data from superannuation funds as part of its work under the Retirement Income Covenant. The prudential regulator has released details of how it can work with the industry ...

Janus Henderson says Victory deal could leave it 'gravely damaged'

RIDDHIMA TALWANI  |  FRIDAY, 13 MAR 2026
Janus Henderson has said the takeover bid by Victory Capital is not a superior proposal to the Trian Fund Management offer and will not be in the best interest of its shareholders. Stating the offer by Victory Capital presented significant consummation ...

Inflation could surge above 4%

ELIZA BAVIN  |  FRIDAY, 13 MAR 2026
Treasurer Jim Chalmers said the ongoing war in Iran is putting pressure on inflation, with Treasury reportedly predicting it will rise above 4%. "I've made it really clear that we had an inflation challenge in our economy and developments in the Middle ...

Ausbil adds to institutional sales

ELIZABETH FRY  |  THURSDAY, 12 MAR 2026
Ausbil Investment Management has hired a new business development manager for its institutional team. Kate Machin joins with nearly two decades of industry experience across a variety of institutional and wholesale roles in Australia and New Zealand. ...

March RBA hike now on the cards

ELIZA BAVIN  |  THURSDAY, 12 MAR 2026
Economists have brought forward their Reserve Bank of Australia (RBA) interest rate hike forecasts from May to March. Commonwealth Bank head of Australian economics Belinda Allen said the situation has changed quickly. "After hiking the cash rate in ...