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Showing 621 - 630 of 8223 results for "June"

ASX delistings outpacing new market entries

ELIZA BAVIN  |  MONDAY, 8 JUL 2024
The latest EQT ASX Group Monthly Activity Report for June 2024 highlighted a significant trend of ASX delistings outpacing new market entries last financial year. The report suggested investors were increasingly pivoting towards private markets in search ...

Adviser exam yields 70% pass rate

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
The latest financial adviser exam results show that 70% passed the June sitting. Some 235 candidates sat the exam, with 165 passing. Of the total, 158 did so for the first time. There has been a total of 21,260 candidates who sat through an exam. Over ...

Sequoia professional services lead exits, restructures business

KARREN VERGARA  |  THURSDAY, 4 JUL 2024
... in Sequoia and have recently attempted to gain control of it. Shareholders at the extraordinary general meeting (EGM) in June rejected their motion for Brent Jones and Peter Brook to take up a seat on the board and oust chief executive Garry Crole and ...

Former director disqualified for breaching obligations

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... Capital, No Bankruptcy, Storytellr, and NoBankruptcy.com.au. Oey has been disqualified from managing corporations until 6 June 2029. He has the right to see a review by the Administrative Appeals Tribunal.

AAT mitigates adviser's permanent ban

KARREN VERGARA  |  WEDNESDAY, 3 JUL 2024
... Certificate from a 'fail' to 'pass'. The Administrative Appeals Tribunal (AAT) overruled ASIC's decision on June 25. Justice Kyrou argued the Karamian had a "low risk" of engaging in conduct such as forgery of a document or misleading ...

Advent International lands in Australia, names MD

KARREN VERGARA  |  WEDNESDAY, 3 JUL 2024
... Advent is already familiar with local businesses, having invested US$1.2 billion in fashion label Zimmerman last year. In June, Advent and Aareal Bank entered into an agreement with TPG and CDPQ to acquire Aareon, a European provider of software-as-a-service ...

RBA minutes confirm potential August rate hike

ELIZA BAVIN  |  WEDNESDAY, 3 JUL 2024
The Reserve Bank of Australia (RBA) released the minutes from its June board meeting at which it held interest rates steady, but confirmed it did consider the possibility of a hike. The minutes also confirmed the RBA is vigilant to the upside risks ...

HESTA returns 9.1% to members

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
... stream. "It was fantastic to see that our income stream balanced growth option returned 10.16% for the financial year ending 30 June 2024, and has delivered 8.13% over the past 10 years," she said. Meanwhile, some other HESTA diversified investment options ...

Aviva exits Australia, shutters fund

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... of $500,000. Perpetual's The Trust Company, as the Responsible Entity (RE) of the fund, decided to shutter the fund on June 12 as it did not meet its long-term performance objective. Since inception, the fund returned 4.06% gross of fees at the end ...

Panel declares 'unacceptable circumstances' for Sequoia

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... executive Garry Crole and non-executive director Kevin Pattison as directors at an extraordinary general meeting (EGM) in June. Shareholders voted in favour of Crole and Pattison keeping their positions, each securing over 60% of their votes, and rejecting ...