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| | | ... activity. The FAAA estimates advisers will pay $3037 through the ASIC funding levy, alongside the existing CSLR levy and a share of the FY27 CSLR special levy, which totals $170.3 million across the industry. "Government levies could reach well over ... |
| | | | ... equity giant earlier in the month. The revised offer price of $22.07 is a 2% bump from its previous offer of $21.64 cash per share. The new offer values Perpetual at $2.55 billion, a $50 million rise from the previous offer. "The revised indicative proposal ... |
| | | | ... homeowners via HomeFlex, its proprietary investment vehicle, in exchange for the return of original capital atop an agreed share of the home's future capital growth, it said. The new strategy follows the successful closure of LongView's first ... |
| | | | Solaris Investment Management has won a mandate from Mercer Investments Australia, becoming one of the managers of an Australian shares strategy. Mercer's Australian Shares Fund for Tax Exempt Investors now has Ausbil Investment Management, Plato ... |
| | | | ... Australians aged 50 to 64 years old, believe more than $1 million is required, falling to 29% for those aged 65 and over. The share expecting to need more than $2 million drops to 11% and 8%, respectively, across these cohorts. "Some retirees live a ... |
| | | | First Mutual Private Equity's (FMPE) unregistered managed investment scheme (MIS), which allegedly gambled $80 million of investor money, has been wound up by the Federal Court. Justice Button approved ASIC's application to facilitate the orderly ... |
| | | | ... exclusivity deed with the consortium on June 10 to undertake due diligence on the firm. The consortium has offered to pay $6 per share in cash, less any dividends or distribution declared or paid by Steadfast after June 5. The Steadfast board, however ... |
| | | | ... "strongest" year since the inception of the LIC in 2008. The fully franked dividend for the full financial year was 6.4 cents per share, representing a fully franked dividend yield of 5.9% and a grossed-up dividend yield of 8.4%. When including the three ... |
| | | | ... protection is of little practical use. Burgess also highlighted the industry estimates suggest SMSF buyers represent a meaningful share of off-the-plan pre-sales needed to unlock construction finance. "Reducing this source of demand risks slowing housing ... |
| | | | ... indicative takeover proposals from Pacific Equity Partners, I Squared Capital and Oaktree Capital, with offers up to $1.60 per share which values the company at around $850 million. It has now said all three parties have confirmed their non-binding indicative ... |
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