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Showing 911 - 920 of 14210 results for "Interest"

FSCP reprimands two advisers for sloppy tax advice

KARREN VERGARA  |  MONDAY, 16 DEC 2024
The Financial Services and Credit Panel (FSCP) reprimanded two financial advisers who each failed to provide a thorough assessment of their clients' tax liabilities. The first financial adviser, identified as only "Mr. C", was reprimanded for recommending ...

TPG co-founder David Bonderman dies

JAMIE WILLIAMSON  |  FRIDAY, 13 DEC 2024
David Bonderman, the co-founder of global alternatives investor TPG, passed away this week. Bonderman, affectionately known as 'Bondo' to many, was also founder of Wildcat Capital Management, the Bonderman family office, and owner of National Hockey ...

TCorp buys Euroclear stake from LSEG

JAMIE WILLIAMSON  |  FRIDAY, 13 DEC 2024
... a 4.92% stake in the Belgium-based clearing and settlements firm, with the holding valued at about $752 million. The interest was previously held by London Stock Exchange Group (LSEG), which had held it since 2019. At that time, it paid about $457 million ...

Crypto operator to fork out millions after court ruling

ANDREW MCKEAN  |  FRIDAY, 13 DEC 2024
... aren't inappropriately marketed products that could harm them, highlighting that Bit Trade charged customers fees and interest of over US$7 million without considering if the product was appropriate for them. Notably, the customers "Bit Trade targeted" ...

Three universities ditch financial planning courses

KARREN VERGARA  |  FRIDAY, 13 DEC 2024
Three major universities have pulled the plug on their financial planning courses due to the lack of student interest in a major blow for the profession as it struggles to attract new entrants. The University of Wollongong, Queensland University of ...

Bain Capital bids for Insignia Financial

KARREN VERGARA  |  FRIDAY, 13 DEC 2024
... Insignia's largest shareholder with a 12.5% stake, according to the latest annual report, followed by Hostplus' 9.1% interest. Mitsubishi UFJ Financial Group and First Sentier Investors each have 8.3% interests. Australian Retirement Trust (8.2%) ...

GPT Group, Perron enter retail partnership

ELIZA BAVIN  |  FRIDAY, 13 DEC 2024
... Group and Perron Group have announced the establishment of a new retail partnership. GPT will acquire from Perron a 50% interest in two Perth retail assets, Cockburn Gateway and Belmont Forum, for approximately $482 million. The two shopping centres ...

Ares launches private markets fund

ANDREW MCKEAN  |  THURSDAY, 12 DEC 2024
... channel. Its previously launched a Global Credit Income Fund and Diversified Credit Fund that "attracted significant interest" from wealth investors in Australia. The firm has raised over $1.5 billion since its launch in the region in 2020. AWMS Australia ...

Unemployment drops below 4%

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
... 2020." VanEck head of investments and capital markets Russel Chesler said the low unemployment may push back hopes for an interest rate cut early next year. "A spike in the unemployment rate would be a red flag for the RBA and strengthen the case for ...

Super moves: Future Fund, Aware Super

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
... for education and health consulting role, which combined research and analytic skills to guide government and special interest groups on how to improve the efficiency of healthcare spending, Meanwhile, at Aware Super, one infrastructure analyst has joined ...