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Showing 751 - 760 of 4886 results for "Debt"

Aussie private capital on the rise: Report

CHLOE WALKER  |  WEDNESDAY, 4 MAY 2022
... country's economic recovery, due to the sector holding $26 billion in available funds for investment," he said. Private debt was the fastest-growing asset class in Australia, despite only constituting 2% of total private capital assets under management. ...

Schroders RF names distribution lead

JAMIE WILLIAMSON  |  MONDAY, 2 MAY 2022
... Credit strategy. Hiring Yossi brings dedicated experience to the group to create new funds and drive the growth of our private debt businesses," Schroders Australia chief executive Sam Hallinan said. RF CorVal chief executive Rob Rayner also commented ...

ATO slammed for failing to collect billions in unpaid super

ANDREW MCKEAN  |  MONDAY, 2 MAY 2022
... said quarterly payments can be exploited by those deliberately short-changing workers making it harder for the ATO to chase debt and difficult for workers to keep track of super payments. The statement further decried that: "The audit office's report ...

Super's defense against economic volatility

ANDREW MCKEAN  |  FRIDAY, 29 APR 2022
... needed now more than ever before as big economic issues confront Australia. Global inflation, rising borrowing costs, a global debt spiral, a pandemic and now a war in Ukraine have gut-punched already struggling economies. However, in Australia, super ...

AMP offloads remainder of Collimate Capital

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... the domestic infrastructure equity and real estate business to Dexus, announced yesterday. The sale of the infrastructure debt platform was also completed in recent months, netting $578 million. AMP confirmed yesterday it would no longer pursue a demerger ...

75% of Aussies don't understand group cover: MLC Life

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... changes jobs 12 times throughout their lifetime. In that time, they may get married, have kids, buy a home, and take on more debt. It's imperative that members have the right cover for their needs and if they aren't prompted to review it, they simply ...

Schroders scores $250m private debt mandate

JAMIE WILLIAMSON  |  WEDNESDAY, 27 APR 2022
Schroders Capital has won its first Australian private debt mandate, with a superannuation fund investing $250 million. The bespoke mandate, handed down by an unnamed "large industry superannuation fund", covers corporate, real estate and infrastructure ...

Mirae appoints to newly created alternatives role

CHLOE WALKER  |  WEDNESDAY, 27 APR 2022
... where he held multiple roles across the institutional business, including corporate advisory, credit derivatives markets, and debt capital markets. He has also previously held roles with Credit Suisse and Taifook Asset Management in Hong Kong. Gersbach ...

Elon Musk buys Twitter for $61.4bn

ANDREW MCKEAN  |  TUESDAY, 26 APR 2022
... unanimously approved by the Twitter board of directors. The innovative business magnate secured US $25.5 billion of fully committed debt and margin loan financing and will provide an approximate US $21 billion equity commitment. However, eToro global ...

Six cases brought against Westpac now finalised

JAMIE WILLIAMSON  |  FRIDAY, 22 APR 2022
... For this, Westpac was fined $6 million. The other cases related to the on-selling of consumer credit card and flexi-loan debt with incorrect interest rates; charging of fees to deregistered company accounts that still held up to $120 million; and distribution ...