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Showing 661 - 670 of 5852 results for "property"

ASIC takes Dixon Advisory director to court

KARREN VERGARA  |  FRIDAY, 4 AUG 2023
... million debt. The creditors included thousands of financial advice clients who invested in the US Masters Residential Property Fund (URF) and financial products operated by entities related to Dixon Advisory. In January 2022, DASS went into voluntary ...

Former director pleads guilty to super misuse

CASSANDRA BALDINI  |  FRIDAY, 4 AUG 2023
... director dishonestly obtained more than $520,000 from six investors on the basis that the funds would be invested in property developments. However, it was found only a small portion of the obtained funds were invested this way. Further, ASIC said between ...

Commercial property deals stuck at 2011 levels

JAMIE WILLIAMSON  |  THURSDAY, 3 AUG 2023
Sales of local commercial property assets have dropped to the lowest levels since 2011 for the second straight quarter, says MSCI. Latest data from MSCI shows transaction volumes in Q2 were down 61% year on year, coming in at $7 billion. This was down ...

HUB24 unveils new data feeds

CHLOE WALKER  |  WEDNESDAY, 2 AUG 2023
... report on clients' other investments including cash accounts and term deposits, listed securities, managed funds, direct property, and other assets. HUB24 chief product and innovation officer Craig Apps said the new features have been designed in collaboration ...

Mortgage holders, retailers relax after rate pause

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
... volumes rose sharply since April 2023, recently hitting a new record high of 203.2 points. The pause will allow Australia's property and mortgage markets to stabilise and recover, following a rapid sequence of rate rises over the preceding 12 months ...

Raiz increases portfolio fees

KARREN VERGARA  |  TUESDAY, 1 AUG 2023
... for account balances below $25,000. Over this amount, the fee is charged at 0.275%. The fee changes do not affect the Property portfolio or Raiz Invest Super. Raiz Invest managing director and chief executive Brendan Malone said: "A fee increase is always ...

QIC buys Packhorse's last pastoral property

CHLOE WALKER  |  TUESDAY, 1 AUG 2023
... purchased the last asset in the Packhorse portfolio as it continues to grow its natural capital platform. The Stuart's Creek property, located north-west of Roma, was sold by Packhorse as a beef grazing operation with registered carbon baselines and ...

BTR may create generation of tenants: Podcast

CASSANDRA BALDINI  |  THURSDAY, 27 JUL 2023
... perspectives on long-term renting. "The key element for Australians is the economic wealth that gets generated out of property," he said. "Are super funds now just creating a generation of tenants and not enabling property in retirement? "The BTR model ...

ASIC acts against illegal investment scheme operator

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
... managed investment schemes that, among other investors, targeted SMSF members. Sasha Hopkins, director of The A Team Property Group, is facing civil action for alleged unlicensed conduct and running several unregistered schemes. ASIC is alleging that ...

Marriage splits for Australia's richest

CHLOE WALKER  |  WEDNESDAY, 26 JUL 2023
... activist Mike Cannon-Brookes and wife Annie. The pair, who married in 2010 and have four children also share a $300 million property portfolio, including heritage-listed mansions, farmland and even an island. While the Cannon-Brookes' lips are sealed ...