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Showing 731 - 740 of 3927 results for "November"

Elon Musk buys Twitter for $61.4bn

ANDREW MCKEAN  |  TUESDAY, 26 APR 2022
... Twitter's stockholders." Twitter chief executive Parag Agrawal, who recently took over from Twitter founder Jack Dorsey on 29 November 2021, added: "Twitter has a purpose and relevance that impacts the entire world." "Deeply proud of our teams and ...

Westpac giving away BT super business

ELIZABETH MCARTHUR  |  FRIDAY, 22 APR 2022
... associated costs, and litigation penalties rising by $65 million. This includes the six longstanding matters filed by ASIC in November 2021. Overall, Westpac expects a first half net reduction in profit and cash earnings of $6 million. The bank had a ...

Caddick's husband chases payday

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 APR 2022
... property - but she never did. It's estimated about $26 million of investors' money disappeared when Caddick did in November 2020. In February 2021, human remains were found on a beach on the New South Wales south coast and identified as Caddi ...

RBA eyes an early rate hike

ANDREW MCKEAN  |  WEDNESDAY, 20 APR 2022
... forward the likely timing of the first interest rate increase. Interest rates in Australia haven't been raised since November 2010, however, inflation has picked up faster than expected, likely above the 3% quarterly target. The RBA also mentioned that ...

Mayfair sues Mission Beach lender

ELIZABETH MCARTHUR  |  THURSDAY, 14 APR 2022
... in the region. Default interest has been compounding monthly at the rate of 40.2% per annum, with Napla claiming on 30 November 2021 it was owed $13,556,584, of which $10,389,645 was accrued interest. This is Mawhinney's second legal fight mounted ...

BT Funds Management fined $20m

JAMIE WILLIAMSON  |  FRIDAY, 8 APR 2022
... have the financial adviser component removed from their account. This case was one of the six filed by ASIC at once in November 2021 and the first to see a judgement. In handing down his decision, Justice Beach made note of the fact the unlawful deduction ...

Magellan suffers $1bn in outflows

ELIZABETH MCARTHUR  |  THURSDAY, 7 APR 2022
... of appointing an additional independent director. Douglass has been an executive director of MFG's board since 21 November 2006. Until December 2021, he was the chair and chief investment officer. On March 16, Hamish McLennan, who succeeded Douglass ...

New head of markets, securities services at HSBC

ELIZABETH MCARTHUR  |  THURSDAY, 7 APR 2022
... O'Brien has been named head of global banking, Australia. She had been acting in the role on an interim basis since November last year. O'Brien is also a promotion from within HSBC. She joined the bank in 2018 as head of the financial institutions ...

NGS closes socially responsible option

ELIZABETH MCARTHUR  |  TUESDAY, 5 APR 2022
... low member demand from NGS Transition to retirement (TTR) account members. With a focus on keeping costs low, from 19 November 2021 this investment is no longer offered to TTR members." The self-managed option is still available to NGS accumulation account ...

PIMCO dumps LIT launch

JAMIE WILLIAMSON  |  MONDAY, 4 APR 2022
... has canned its long-awaited Global Income Opportunities Trust, citing inadequate demand. The LIT was first announced in November 2019 and planned for a March 2020 launch, however, was delayed due to consultation on stamping fees for LITs and LICs in ...