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Showing 901 - 910 of 16734 results for "The Australian"

Charter Hall, Hostplus bid price for HPI reduces

KARREN VERGARA  |  FRIDAY, 1 NOV 2024
... appointed John White as chief executive and managing director, effective September 2. "HPI holds a unique position in the Australian market as the sole listed pure-play pub portfolio, with ownership of 59 properties across the country. An ongoing refurbishment ...

Barings brings first Australian private credit fund to life

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2024
... $230 million, Barings said. Barings' Asia Pacific Private Finance Group managing director Justin Hooley said the Australian private credit market is attractive due to its stable economic and legal backdrop, believing the future growth will be substantial. ...

Inflation falls within RBA's target range

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2024
... Price Index (CPI) rose 0.2% in the September 2024 quarter and 2.8% annually, according to the latest data from the Australian Bureau of Statistics (ABS). "The September quarter's rise of 0.2% is the lowest outcome since the June 2020 quarter fall which ...

Morningstar flags governance issues, leadership turnover at Cbus

ANDREW MCKEAN  |  TUESDAY, 29 OCT 2024
... unique with its union representation; however, with the current and former chairs of the board also connected to the Australian Labor Party, increased independence would be welcomed," Morningstar said. "These concerns also extend to the appropriateness ...

Active managers find no saviour in dual access products

ANDREW MCKEAN  |  TUESDAY, 29 OCT 2024
... than the rest of the ETP market. "This could be because dual access products, as a whole, do not fit the mould of the Australian ETP market, which are, for the most part, not actively managed, but are cheaper to own and cheaper to trade than actively ...

BlackRock lowers management fees on ETF

ELIZA BAVIN  |  TUESDAY, 29 OCT 2024
... participant and $170 for a non-authorised participant. This comes after BlackRock also reduced the management fees on the Australian Alpha Tilts Fund and the Advantage Australian Equity Fund, effective October 1. For the Australian Alpha Tilts Fund ...

ASIC secures win against HCF Life

ELIZA BAVIN  |  TUESDAY, 29 OCT 2024
... misled consumers about their rights," Court said. ASIC also alleged that the term was an unfair contract term under the Australian Securities and Investments Commission Act 2001, however Justice Jackman dismissed that part of ASIC's case. ASIC said it ...

Advisers must prioritise Conflicts Priority Rule: AFCA

KARREN VERGARA  |  MONDAY, 28 OCT 2024
After assessing a large volume of Dixon Advisory complaints, the Australian Financial Complaints Authority (AFCA) warned financial advisers of their responsibilities to manage conflicts of interest under the Conflicts Priority Rule. AFCA senior ombudsman ...

Queensland-based financial firm loses AFSL

MATTHEW WAI  |  FRIDAY, 25 OCT 2024
... Court ordered the company be wound up on August 23. ASIC specified that Next Gen must continue its membership of the Australian Financial Complaints Authority (AFCA) until 17 October 2025. Understood to have failed to comply with the above, ASIC cancelled ...

CSLR warns adviser levy will balloon

KARREN VERGARA  |  FRIDAY, 25 OCT 2024
... Forum. The levy estimate is "complex and heavily dependent" on estimates of how many complaints will be resolved by the Australian Financial Complaints Authority (AFCA) and proceeds to the CSLR, said David Berry, the chief executive of the CSLR. It also ...