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Showing 591 - 600 of 2671 results for "Purchase"

IOOF names licensee chiefs, acquires platform

JAMIE WILLIAMSON  |  WEDNESDAY, 2 SEP 2020
... advisers to their choice of remaining IOOF licensees. Marking its second acquisition this week, IOOF also announced the purchase of Wealth Central, a proprietary financial advice and client engagement platform. "The next-generation digital tool significantly ...

La Trobe launches new loan suite

ALLY SELBY  |  WEDNESDAY, 2 SEP 2020
... service workers." The second product is a Bridging Loan, set to provide La Trobe customers with a short-term "bridge" to purchase or build a new property prior to the sale of their existing property. Instead of having to cover two repayments, La Trobe ...

Sydney boutique wins $300m QIC mandate

KANIKA SOOD  |  TUESDAY, 1 SEP 2020
... loans and ABS securities," Revolution chief investment officer Bob Sahota said. "The effect of this is that we are able purchase the same assets that we know extremely well (that we've invested in our first fund) but buying at a much more opportunistic ...

Xero acquires business lender

ALLY SELBY  |  TUESDAY, 25 AUG 2020
... invoice financing, allowing a range of banks and fintechs to more easily lend to small businesses. The total potential purchase price of the business is $80 million. While any earnout payments for Waddle will be settled in 50% ordinary shares in Xero ...

Iress posts mixed half year results

ANNABELLE DICKSON  |  THURSDAY, 20 AUG 2020
... pay an interim dividend of 16 cents per share. The company completed a $150 million institutional raise and its share purchase plan was oversubscribed for a total of $25 million to assist in its acquisition of OneVue. Iress expects the acquisition to ...

WAM makes proposition plans public

ALLY SELBY  |  WEDNESDAY, 19 AUG 2020
... May 31, the fund had $78.71 million in assets under management. In addition to the strategy shift, CIE opened a share purchase plan to retail investors in the hopes of raising $20 million. The shares were offered at 62.5 cents per share. WAM chair and ...

Mayfair 101's vision for Mission Beach is sinking

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 AUG 2020
The Bond family has threatened to foreclose on Mayfair 101's crown jewel - its much anticipated development of the Mission Beach region. In a release to the media, Mayfair 101 founder and managing director James Mawhinney insisted that the Mission Beach ...

40% of ERS applicants not eligible: illion

ELIZA BAVIN  |  MONDAY, 17 AUG 2020
New research released by illion found that 38% Early Release of Super (ERS) applicants saw no drop in their income during the COVID-19 crisis, as withdrawals surpass $31 billion. The research found that the scheme has continues to drive a huge spending ...

ASIC winds up illegal land banking scheme

ALLY SELBY  |  MONDAY, 17 AUG 2020
... Askk Investment Group following an extensive investigation. The court found the investment scheme, which related to the purchase of land at Lot 2, 615 Hume Highway in Beveridge, Victoria, was not registered under the Corporations Act and subsequently ...

iProsperity accused of being a Ponzi scheme

ELIZABETH MCARTHUR  |  FRIDAY, 14 AUG 2020
... luxury Rolls Royce was seized by Cor Cordis and is being held, with the suggestion company money may have been used to purchase it. Former iProsperity director Harry Huang advised the group, which is a complex set of more than 60 related entities, failed ...