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Showing 611 - 620 of 4600 results for "RAISE"

Bravura $80m restructure underway

KARREN VERGARA  |  TUESDAY, 7 MAR 2023
... entitlement offer and $23 million placement, issued at 40 cents per share. The ASX-listed firm is confident that it will raise an additional $17 million among retail shareholders on March 13. All in all, the raise equates to about 200 million new shares ...

Australian dividends surge in 2022: Report

CASSANDRA BALDINI  |  WEDNESDAY, 1 MAR 2023
Australian dividends rose to a new record last year and investors reaped the benefits taking home a collective $97.7 billion in payouts. According to Janus Henderson, the increase was complemented by an 8.4% rise in global dividends which grew strongly ...

Super tax break crackdown to hit $410bn in savings

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
Rainmaker Information estimates the $3 million superannuation cap would impact $410 billion of savings for around 100,000 Australians. Although only a small proportion of Australians hold $3 million or more in superannuation, they own a disproportionately ...

Gurner, Qualitas close second BTR fund

CHLOE WALKER  |  WEDNESDAY, 22 FEB 2023
... platform (GQ) owned by multi-billion-dollar developer Gurner and Qualitas have announced a further build-to-rent (BTR) capital raise with another $2 billion for future growth, following the close of their second fund raising. The $2 billion injection ...

Put controls in place for super funds: Associations

CASSANDRA BALDINI  |  THURSDAY, 9 FEB 2023
Superannuation funds could soon break free from the shackles of intra-fund advice but financial advisers aren't happy about it. The Quality of Advice Review proposal (QAR) sitting before Treasury would give super funds the green light to provide ...

My mind has not been changed: Levy

CASSANDRA BALDINI  |  WEDNESDAY, 8 FEB 2023
Financial advisers and non-relevant providers should share the load when it comes to giving simpler financial advice, Michelle Levy maintains. As previously flagged in the draft proposals, Levy has suggested the Corporations Act be amended to provide ...

RBA hikes interest rates to 10-year high, flags further increases

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
... Steven Spearing said that while this tightening cycle has nearly run its course, the RBA isn't finished yet. "The RBA will raise the cash rate another 25 basis points to 3.6% at its March meeting, and while we acknowledge there is a chance of a pause ...

RBA cash rate hike forecast by economists

ANDREW MCKEAN  |  TUESDAY, 7 FEB 2023
... surprised on the upside again in the December quarter and retail sales have remained solid. Consequently, the RBA is likely to raise rates. QIC chief economist Mathew Peter commented that despite headline inflation nearing its peak, the RBA must continue ...

Financial markets brace for gloomy first half

KARREN VERGARA  |  TUESDAY, 7 FEB 2023
... said. Furthermore, businesses targeting consumers will have their balance sheets tested as they have the least power to raise prices over the next year. Analysts expect companies across the board to strengthen their balance sheets by increasing cash ...

Former association leads push for merger

JAMIE WILLIAMSON  |  FRIDAY, 3 FEB 2023
... advocacy efforts, a more financially resilient association to help foster and grow the advice industry, and greater capacity to raise awareness and promote the value and importance of financial advice. For the merger to go ahead, 75% of member need to ...