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Showing 621 - 630 of 2148 results for "Funding"

No big losers in FY22 budget

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... will also be looked after in the form of a $17.7 billion injection into the aged care system. Frydenberg announced the funding of a further 80,000 home care packages to the existing 195,000. Residents will also have their aged care bills further subsidised ...

Key Treasury initiatives outlined

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... billion per event as a last resort measure to ensure the continued operation of clearing and settlement facilities, with any funding to be recovered once a crisis is resolved. Further, ASIC will be given enhanced supervisory and licensing power, and ...

Aged care expenditure to jump 37%

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
... making it one of the fastest growing areas of the budget. This significant increase includes nearly $18 billion in specific funding that is in direct response to recommendations that arose from the Royal Commission. Almost half of this will be directed ...

Pallas hires executive director of lending

KARREN VERGARA  |  FRIDAY, 7 MAY 2021
... fast rate, and Pallas Capital will continue to support the booming property sector in Australia through our diversified funding strategy. The certainty our lending clients have in our service and product is what drives our customer loyalty and steadily ...

AMP Capital invests in India

KARREN VERGARA  |  THURSDAY, 6 MAY 2021
... Infrastructure managing director Vasistha C. Patel commented: "The investment will infuse liquidity into the company for funding our growth and will also provide resilience and necessary financial strength to our balance sheet over the long term. The ...

Chief economist update: A date with the RBA in July

BENJAMIN ONG  |  WEDNESDAY, 5 MAY 2021
... points for the cash rate and the yield on the 3-year Australian government bond, as well as the parameters of the Term Funding Facility and the government bond purchase program". As expected, it lifted Australia's GDP growth forecast to 4.75% this ...

Westpac to face court over insider trading

JAMIE WILLIAMSON  |  WEDNESDAY, 5 MAY 2021
... ASIC said. The special purpose vehicle was established with the purpose of obtaining $12.77 billion in syndicated debt funding for the acquisition and ongoing related costs. It also sought to hedge the floating interest rate risk by way of 11 interest ...

TCorp hires CBA capital markets executive

KARREN VERGARA  |  MONDAY, 3 MAY 2021
... The New South Wales Treasury Corporation has appointed a long-serving Commonwealth Bank executive to the role of head of funding and balance sheet. Rob Kenna leads the team primarily responsible for raising debt in the form of bonds and managing the ...

Raiz acquires superannuation platform

KANIKA SOOD  |  WEDNESDAY, 28 APR 2021
... and a property data platform. Under the deal, its founder Grant Brits and Superestate's staff will join Raiz. Raiz is funding the transaction via 5.3 million new shares at $1.78 per share (10-day VWAP to April 26). It is expected to close in late May ...

Mercer launches aged care support service

KARREN VERGARA  |  MONDAY, 26 APR 2021
... after uncovering systemic problems in the system that puts the most vulnerable at risk. Such problems include inadequate funding, variable provider governance and behaviour, lack leadership and governance, and poor access to health care. Another is the ...