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Showing 621 - 630 of 5179 results for "Finance"

Government cracks down following PwC scandal

CASSANDRA BALDINI  |  TUESDAY, 8 AUG 2023
... structures that keep our tax system and capital markets strong," Treasurer Jim Chalmers said in a joint statement with the finance minister, attorney general and assistant treasurer. "We're also cracking down on the scourge of multinational tax avoidance ...

Private credit to play critical role in the economy: MA Financial

CHLOE WALKER  |  TUESDAY, 8 AUG 2023
The opportunities for private lenders to finance the growing demand for real estate credit is part of a long-term structural shift in Australia's lending market, MA Financial managing director real estate credit Cathy Houston says. Talking to Financial ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  TUESDAY, 8 AUG 2023
... issued a warning. "ASIC is actively considering the conduct and obligations of third-party service providers to sustainable finance product issuers," the spokesperson said. "ASIC's jurisdiction includes, but is not limited to, providers with an AFSL ...

HUB24 unveils new data feeds

CHLOE WALKER  |  WEDNESDAY, 2 AUG 2023
... compliance processes." The upgrades follow in a long line of recent developments for HUB24. In May, HUB24 agreed to buy finance app myprosperity for $40 million. "The acquisition is expected to deliver long term shareholder value by accelerating HUB24's ...

RBA sustains cash rate at 4.1%

KARREN VERGARA  |  TUESDAY, 1 AUG 2023
The Reserve Bank of Australia (RBA) left the cash rate unchanged again at 4.1% but warns that more hikes are necessary to tame inflation. Outgoing governor Philip Lowe said Australia's central bank remains "resolute in its determination to return ...

KKR real estate arm reports $30m loss

CASSANDRA BALDINI  |  TUESDAY, 25 JUL 2023
KKR Real Estate Finance Trust Inc (KREF) has recorded a $29.7 million (US$20 million) loss in its second quarter ending June 30. KKR & Co. said its integrated real estate platform saw a loss of $0.37 per diluted share. When adjusted for non-recurring ...

ASIC sues Vanguard for greenwash in bond fund

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023
... February 2021, a media release issued in August 2018, in statements on its website, statements made in an interview with Finance News Network and statements made in a presentation at a Finance News Network Fund Manager Event, both of which were recorded ...

Rethinking retirement: Focus on spending, not saving

ANDREW MCKEAN  |  FRIDAY, 21 JUL 2023
AMP general manager of retirement solutions Ben Hillier has emphasised the need to inspire more confidence in individuals approaching retirement. On a panel at a Financial Services Council (FSC) policy briefing on Thursday, Hillier said the predominant ...

Iress appoints former Pendal veteran

CASSANDRA BALDINI  |  THURSDAY, 20 JUL 2023
... Williamson held the chief financial officer role at Canadian private equity manager Clairvest Group, as well as senior finance positions at Franklin Templeton and CIBC World Markets. Following an extensive executive search, Price said the board is pleased ...

Westpac closes Specialist Businesses Division

JAMIE WILLIAMSON  |  THURSDAY, 20 JUL 2023
... sufficient scale, being platforms, superannuation and retirement products, investments, general and life insurance, auto finance, and Westpac Pacific. Jason Yetton was appointed to lead the review of each business and, in the three years since, executed ...