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Showing 41 - 50 of 262 results for "SME"

IFM, Trafigura launch renewable investment company

ALLY SELBY  |  TUESDAY, 29 SEP 2020
IFM Investors has formed a joint venture with physical commodities trading group Trafigura to launch a new company set to invest in solar, wind and power storage projects globally. Nala Renewables aims to build a portfolio of renewable energy projects ...

AZ NGA makes acquisition

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 SEP 2020
AZ NGA has acquired a wealth management firm in Melbourne as it signals plans to expand in Victoria. AZ NGA made a strategic investment in Matthews Steer Accountants and Advisors, a firm established in 1990 with six partners and 50 staff. "In Melbourne's ...

SME insolvencies set to increase

ANNABELLE DICKSON  |  WEDNESDAY, 12 AUG 2020
... many companies from going into administration. Just last month the government announced $40 billion of relief, expanding the SME Guarantee Scheme. The government is guaranteeing 50% of new loans to SMEs in partnership with 44 approved lenders for SMEs ...

Corporate super plan appoints chair

KANIKA SOOD  |  MONDAY, 27 JUL 2020
A corporate superannuation plan has appointed a new chair from Frontier Advisors, as the incumbent retires after 16 years. Gabriel Szondy will chair the Alcoa of Australia Retirement Plan, which manages retirement savings for the employees of Alcoa ...

Government expands SME Guarantee Scheme

ANNABELLE DICKSON  |  MONDAY, 20 JUL 2020
... as a result of the pandemic are set to get up to $40 billion of relief after the government announced it is expanding the SME Guarantee Scheme ahead of its economic update on Thursday. The initial phase of the scheme remains available for new unsecured ...

Aussie banks set to underperform

ALLY SELBY  |  THURSDAY, 16 JUL 2020
... "Firstly, the numbers are quite large... total loan deferrals are now $266 billion. And it's not just mortgages. It's also SME loans, or business loans." Given the second wave of COVID-19 cases in Victoria, as well as a renewed threat in NSW ...

Perpetual wins government fund mandate

KANIKA SOOD  |  WEDNESDAY, 1 JUL 2020
... to encourage additional investment into investee funds from private investors, while also providing technical assistance to SME funds and SMEs.

Bank hires new wealth chief

ELIZA BAVIN  |  WEDNESDAY, 1 JUL 2020
A major bank has announced the appointment of a new banking and wealth chief while revealing a new operating model. Suncorp named Clive van Horen as its new banking and wealth chief executive, saying the appointment brings significant retail and business ...

FPA accuses ASIC of price gouging

ELIZA BAVIN  |  MONDAY, 15 JUN 2020
... requirements. "As small businesses, financial planning practices also face the challenges that COVID-19 has created for the wider SME sector," he said. "ASIC's fee hike does nothing to support them or their clients during this difficult time." ASIC ...

A-REIT winners, losers of the 'new normal'

ALLY SELBY  |  TUESDAY, 9 JUN 2020
Both structural and cyclical headwinds threaten to impact Australia's real estate investment trust sector, with clear winners and losers emerging as the country gradually reopens. That's according to Pengana Capital Group portfolio manager Amy Pham ...