Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 791 - 800 of 4600 results for "RAISE"

Half of all super products cut fees: Data

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
Almost half of all superannuation products have seen their fees cut in the last 12 months while 5% of products' fees dropped more than once. Recent analysis of 463 superannuation fund product disclosure statements by Rainmaker Information found ...

Sydney Airport takeover given green light

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
The Australian Competition and Consumer Commission will not oppose the acquisition of Sydney Airport by a consortium comprising IFM Investors, AustralianSuper and others. The Sydney Aviation Alliance, which consists of IFM Investors, AustralianSuper ...

EG swoops in on Forza industrial assets

CHLOE WALKER  |  TUESDAY, 7 DEC 2021
Forza Capital has announced the sale of two east Melbourne industrial investments to EG Funds Management, for a combined price of $79 million. The large, strategic landholdings are located within the land-constrained eastern suburbs of Melbourne at ...

New LGBTIQ investment option

ELIZABETH MCARTHUR  |  THURSDAY, 2 DEC 2021
... rights," Newday explained. The impact investing app has also made a commitment to support the advocacy work of OutRight and raise visibility for the activist group's work. OutRight will also provide Newday Impact with insights relative to diversity ...

Fund manager eyes $735m listing

KARREN VERGARA  |  WEDNESDAY, 1 DEC 2021
... manager is set to list on the ASX with an indicative market capitalisation of $735 million. Qualitas Group is hoping to raise $335 million based on an offer price of $2.50 per share, with some 134 million of shares issued under the offer. The money will ...

APRA finalises new bank capital framework

CHLOE WALKER  |  TUESDAY, 30 NOV 2021
... prudential standards for capital adequacy and credit risk capital. APRA said its new framework would not force banks to raise more capital but confirmed that it would impose higher capital requirements on mortgage lending deemed to be higher risk. APRA ...

ASIC files numerous cases against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 30 NOV 2021
In an unprecedented move, ASIC has commenced six civil penalty proceedings against Westpac for widespread compliance failures in its banking, wealth, superannuation and general insurance businesses. The six matters filed relate to charging fees to deceased ...

Economic recap: Week to November 26

BENJAMIN ONG  |  MONDAY, 29 NOV 2021
... timing of, reductions in the level of monetary policy stimulus." Rising inflation has also prompted the Bank of Korea to raise interest rates in November - the second in three months. Financial markets now bet that the RBA wouldn't be far behind. As ...

Pinnacle seeds Canadian boutique

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
In another first for Pinnacle Investment Management this week, the firm has set up a North American-based affiliate in a small-cap equities fund manager. The fund manager is based in Toronto, Canada, focused on small caps and other global equities. ...

ACCC not opposed to NAB, Citi deal

CHLOE WALKER  |  THURSDAY, 25 NOV 2021
... substantial provider of credit cards and credit card services. Evidence showed that the proposed acquisition was "unlikely to raise competition concerns in any other areas of overlap", given Citi's minimal market share in these markets. During its review ...