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Showing 51 - 60 of 598 results for "Cash flow"

Increased scrutiny on private credit

CHLOE WALKER  |  WEDNESDAY, 14 DEC 2022
... Schardt explained. However, the flipside for companies is that their fixed-charge coverage, the ability to generate free cash flow conversion, and the margin performance of these businesses in a rising rate environment is fundamental to these lender-friendly ...

Amber Infrastructure buys up NZ assets

CASSANDRA BALDINI  |  MONDAY, 12 DEC 2022
Amber Infrastructure Group (Amber) has agreed to acquire five New Zealand infrastructure assets from Morrison & Co for approximately NZ$200 million. The five assets from Morrison & Co's Public Infrastructure Partners portfolio (PIP) will be 100% owned ...

Corporate super plan seeks merger partner

JAMIE WILLIAMSON  |  FRIDAY, 2 DEC 2022
A $2.3 billion corporate super fund has commenced the search for a successor fund following an independent review that found it would struggle to satisfy members' best interests in two years' time. The Alcoa of Australia Retirement Plan has ...

Hostplus defies inflation fears

ELIZABETH FRY  |  MONDAY, 28 NOV 2022
... could not invest in long-term real assets," he continues. "If we have set a strategy for a young demographic and strong cash flow, then the only time we should materially change that strategy is if our demographics or cash flow changes." According to ...

Affordable housing investments a win-win: ISA

ANDREW MCKEAN  |  WEDNESDAY, 23 NOV 2022
... commercial property sectors. Further, its higher rates of initial and ongoing occupancy rates ensure a secure long-term cash flow, and annual market rent reviews are linked at or above inflation. Institutional investment into affordable housing also ...

Link Group offloads PEXA stake

ANDREW MCKEAN  |  MONDAY, 21 NOV 2022
Link Group has sold 10% of its existing 42.77% shareholding in PEXA Group for $101.9 million, with the net proceeds to be used to pay down debt. The PEXA selldown was executed at $13.50 per share; settlement is expected to occur on November 23. The ...

Super funds told to report asset valuations more frequently

ANDREW MCKEAN  |  FRIDAY, 18 NOV 2022
... liquidity risks, appropriate liquidity buffers within each option, and liquidity limits or triggers for deteriorating cash flow positions. Further, RSE licensees are told to consider the potential impacts on beneficiaries of secondary risks associated ...

Retirees are silent casualties of inflation: Challenger

ANDREW MCKEAN  |  MONDAY, 24 OCT 2022
Inflation is posing a greater risk to Australian retirees than ever, necessitating the development of new approaches to manage retirement income threats, according to a Challenger report. With retirees now living for about twice as long post-retirement ...

APRA flags concerns over fund sustainability

ANDREW MCKEAN  |  WEDNESDAY, 12 OCT 2022
Appearing before the House of Representatives' Economics Committee, APRA's Margaret Cole said the regulator is concerned about some of the super funds that passed the performance test yet fail the regulator's own sustainability testing. ...

Franking credit crackdown rife with unintended consequences: LICAT

ANDREW MCKEAN  |  WEDNESDAY, 28 SEP 2022
... argued that it's a normal incident in the running of investment businesses to generate a profit and invest the resulting cash flow productively, by purchasing a further asset or applying the funds to the ongoing operations. "Companies are expected to ...