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Showing 631 - 640 of 2530 results for "South32"

Chief economist update: East and west at crossroads

BENJAMIN ONG  |  TUESDAY, 15 DEC 2020
China has continued to tighten the screws on Australia after formally banning the importation of Australian coal. The reason, or reasons, are immaterial. Beijing could dig up a number of justifications for its most recent diktat the same way it did ...

SMSFs dump $30bn in shares

ANNABELLE DICKSON  |  FRIDAY, 11 DEC 2020
Self-managed superannuation funds have not been spared by the market impact of COVID-19, with members dumping their allocation to listed shares over the past year, new data shows. The Australian Taxation Office quarterly statistical report for September ...

US regulator, states sue Facebook

JAMIE WILLIAMSON  |  THURSDAY, 10 DEC 2020
Facebook appears unfazed by antitrust lawsuits filed by 46 US states and the Federal Trade Commission seeking to force the social media giant to divest key assets, labelling the actions 'revisionist history'. The FTC and 48 Attorneys General ...

Moelis to create hospitality precinct

ANNABELLE DICKSON  |  THURSDAY, 10 DEC 2020
Moelis Australia has acquired two adjoining pubs in Sydney with the aim to transform the location into a hospitality precinct. Moelis has exchanged contracts to acquire Darlinghurst pubs, Kinselas Hotel for $45 million and the Courthouse Hotel for $22 ...

Charter Hall adds three properties

KARREN VERGARA  |  THURSDAY, 10 DEC 2020
Charter Hall continues to build its portfolio, acquiring three properties with a combined purchase price of $319 million. The Charter Hall Long WALE REIT (CLW) has entered into an agreement to take full ownership of 76-78 Pitt Street, an office building ...

Investec to close Aussie business

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
The South African wealth manager and banking group is exiting the Australian market after 20 years. The company said the move is not a reflection of performance of the Australian business or employees, but a "strategic exit" to focus on its core markets ...

Super SA to close growth option

ELIZABETH MCARTHUR  |  TUESDAY, 8 DEC 2020
The $30.5 billion government superannuation fund for South Australia will close its growth option. From 25 January 2021, Super SA will also be closing the growth investment option. Investments in this option will automatically be switched into the high ...

Chief economist update: China turns crisis into opportunity

BENJAMIN ONG  |  TUESDAY, 8 DEC 2020
"When written in Chinese, the word 'crisis' is composed of two characters. One represents danger and the other represents opportunity." Although already debunked as incorrect by Sinologists, this quotation attributed to John F. Kennedy regained ...

CBA private office head joins Mutual Trust

ANNABELLE DICKSON  |  MONDAY, 7 DEC 2020
Ralf Haase established the CPO in 2009 to develop and lead the ultra-high net worth business segment of Commonwealth Private. CBA restructured the business unit in June, folding into Commonwealth Private and making Haase redundant. Prior to his time ...

Shadforth executive moves to Akambo

ELIZABETH MCARTHUR  |  FRIDAY, 4 DEC 2020
The former head of advice for Shadforth has moved to Akambo Financial Group, a boutique dealer group with big growth plans. Rob Petrie has joined Akambo as head of private wealth. Previously, Akambo director and chief operating officer Joe Akiki was ...