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Showing 61 - 70 of 809 results for "Australian Business"

Sequoia ends FY24 with 350 advisers

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... the IFA space. During the period, Sequoia acquired Castle Corporate, Castle Legal, Clique Paraplanning, and Australian Business Structures. It sold the Yield Report to ASX-listed Finexia Financial Group (FNX) for 500,000 ordinary shares in FNX. In July ...

SSGA takes 5% stake in Raiz

KARREN VERGARA  |  MONDAY, 26 AUG 2024
... array of financial literacy content and investment education tools. "We are committed to growing our core Australian business through ongoing product innovation and improving the financial literacy of retail investors. The strategic relationship with ...

Losses further sink Lendlease

KARREN VERGARA  |  MONDAY, 19 AUG 2024
... businesses has impacted returns and has necessitated substantial further action. "As we transition to focus on our Australian business, which has a backlog of $3.9b and a strong preferred book, we'll look to build upon our strong capabilities in ...

Australia sees jump in zombie companies

ELIZA BAVIN  |  THURSDAY, 8 AUG 2024
A new study from global consulting firm Kearney revealed the number of zombie companies in Australia increased 13.6% in the past year. Zombie companies - those which don't produce enough profits to cover debt obligations - now account for 5.8% of ...

Global X loses another senior talent

ANDREW MCKEAN  |  WEDNESDAY, 7 AUG 2024
... month, after an almost 11-year stint. Mann joined ETF Securities in Hong Kong before transitioning to the Australian business in 2016. Global X said he was instrumental in building and expanding the eight-person portfolio management and operations functions ...

Super for housing will cause rents to soar: SMC

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
New research from the Super Members Council (SMC) has revealed using superannuation for house deposits could, over time, increase rental prices. SMC said the Coalition's plan to use super for house deposits is projected to cause a 9% spike in the ...

IFM, ASX-listed firms bet on renewable fuels

KARREN VERGARA  |  TUESDAY, 30 JUL 2024
IFM Investors has partnered with ASX-listed firms GrainCorp and Ampol in a bid to establish the country's fledgling renewable fuels industry. The three organisations committed in a Memorandum of Understanding (MOU) today to help reduce emissions ...

ATO seeks submissions on defining an 'employee'

ELIZA BAVIN  |  WEDNESDAY, 3 JUL 2024
... addition, the ATO proposes that the fact that a worker may be conducting their own business, including having an Australian business number, does not impact whether they are an employee of an entity. The ATO is accepting submissions on the draft update ...

New boutique launches private debt fund

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
Nero Private - a newly established boutique non-bank credit firm - has launched its first private debt fund, aimed at supporting Australian small and medium-sized enterprises (SMEs) while offering investors stable returns. Nero Private invests in credit-vetted ...

ASIC issues warning over scammers using fake AFSLs

ELIZA BAVIN  |  FRIDAY, 3 MAY 2024
... real businesses' disclosure documents, addresses, International Securities Identification Numbers (ISINs), Australian business numbers (ABNs) and Australian financial services licence (AFSL) numbers, as well as imitating investment maturity dates, coupons ...