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Showing 691 - 700 of 5900 results for "Second"

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
... cash rates from the start of the tightening, margins rose only 11bps for the year as a whole and actually fell 7bps in the second half as competition intensified." Garland also explained strong banks equal a strong economy. "You'd rather strong banks ...

Decade-long ban reduced for former adviser

KARREN VERGARA  |  TUESDAY, 14 NOV 2023
A former financial adviser who was jailed for breaching COVID-19 border restrictions to attend the AFL Grand Final had his ASIC banning order reduced. Mark Babbage, who was an authorised representative of Wealthsure and Capstone Financial Planning ...

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
... of the year lifted 1.2%, in line with our forecast, but a tick above consensus, and a re-acceleration from 0.8% in the second quarter," the report said. "The year-on-year remains on a moderating trend, but at 5.4% was above the RBA's implied forecast ...

Prime Value launches retirement living fund

KARREN VERGARA  |  FRIDAY, 10 NOV 2023
Prime Value Asset Management is launching its second fund that invests in retirement villages targeting sophisticated investors in mid-November. The Prime Value Retirement Living Fund 2 will invest in four properties based in Victoria that have about ...

Magellan cops first strike for remuneration

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
... strike. More than 58% of Magellan's shareholders voted against the report on executive pay following years of turmoil. If a second strike is recorded next year, the board will all face re-election. Formica said the board acknowledges that shareholders ...

Janus Henderson to delist from ASX

ANDREW MCKEAN  |  THURSDAY, 2 NOV 2023
... one-, three-, five-, and 10-year periods, respectively, as of September 30. However, there was a 4% decline in AUM from the second quarter of 2023, bringing the total to US$308.3 billion. Janus Henderson chief executive Ali Dibadj said: "Our performance ...

Campbell Lutyens opens local office

ELIZABETH FRY  |  MONDAY, 30 OCT 2023
Global private capital advisory group Campbell Lutyens has hired former QIC infrastructure specialist Peter Siapikoudis as a managing director in its newly opened Melbourne office. Siapikoudis' association with Campbell Lutyens dates back to 2018 ...

Clime IM doubles down on strategy, taps into AI

ANDREW MCKEAN  |  MONDAY, 30 OCT 2023
... the investment in new systems will be completed by end of November and will result in significant cost reductions in the second half of FY24," a statement said. Simultaneously, the company revealed its engagement with external providers specialising ...

PGIM executive quits after less than two years

ELIZABETH FRY  |  FRIDAY, 27 OCT 2023
... part of the firm's overall effort to tap into Australia's wealth and wholesale market. Interestingly, Price is the second executive to leave in as many months. In August, Murray Brewer suddenly left after just three months as head of PGIM's ...

ASIC's pursuit of Mayfair 101 founder faces setback

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2023
... clarified had ASIC communicated their concerns rather than resorting to litigation at the first opportunity." It marks the second loss for ASIC in as many days, having earlier this week lost its case against Diversa.