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Showing 841 - 850 of 8410 results for "June"

Pengana launches new term account

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
... credit fund, followed by the successful IPO of the Pengana Global Private Credit Trust, which will list on the ASX in late June 2024 under the ticker PCX. All three products leverage Pengana's global private credit master trust managed by Pengana in ...

GST rebate changes worsens cost of advice: SMSFA

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
... calling on ASIC to join the ATO on its "no-compliance approach." "Noting the transitional period should be extended beyond June 30 to provide certainty and clarity, as both product issuers and financial advisers scramble to comply with this unexpected ...

ECB drops interest rates to 3.75%

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
... is now appropriate to moderate the degree of monetary policy restriction after nine months of holding rates steady". From June 12, interest rates on refinancing operations, marginal lending facility, and deposit facility will be decreased to 4.25%, 4.50% ...

Keybridge Capital cops another loss against WAM

ELIZA BAVIN  |  FRIDAY, 7 JUN 2024
... Wilson Asset Management (WAM) and ordered them to pay costs in a court battle that has been dragging out for four years. In June 2020, Keybridge launched legal proceedings against WAM alleging it had improperly transferred 16 million Keybridge shares ...

More businesses fold, unpaid super recovery measure to launch

KARREN VERGARA  |  THURSDAY, 6 JUN 2024
... 2024-25 and $29.9 million over the medium term. According to ASIC, the number of businesses folding jumped 62% in the year to June 2023 to 7942, the glut of which operated in construction (28%), and accommodation and food services (14%), and retail (7%). ...

Recession signs: Economic growth has 'ground to a halt'

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... recessionary type levels since mid-2022," Aird said. What will the RBA do? CBA expects the RBA will leave policy on hold at the June board meeting, and with no meeting in July that puts focus on the August meeting; just after the Q2 inflation data is ...

EQT updates on Australian Executor Trustees acquisition

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... announced $2.9 million net expense synergy. It has now confirmed that the transition of the SAF administration was completed on June 3, with SuperConcepts the new administrator for the funds. EQT said it remains as the trustee for the funds through its ...

ASIC cancels AFSL of XTrade

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... had limited trading experience resulting in significant losses to some consumers. ASIC's investigation found that between June 2018 and September 2022, XTrade failed to comply with its general obligations as an AFS licensee and engaged in unconscionable ...

HESTA nabs legalsuper executive

ELIZA BAVIN  |  WEDNESDAY, 5 JUN 2024
HESTA has appointed Alissa Knight to the newly created role of general manager strategic planning, effective June 11. In her new role, Knight will play a crucial role in supporting HESTA's executive leadership team in strategic planning and key ...

Broken promises leave survivors in the lurch

ANDREW MCKEAN  |  TUESDAY, 4 JUN 2024
... Consequently, it was increased to 18 years, with a non-parole period of 13 years and six months; he'll be eligible for parole in June 2028. Last year, one of Van Ryn's victims sought compensation for the pain and suffering endured from the abuse ...