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Showing 931 - 940 of 16658 results for "The Australian"

Losses further sink Lendlease

KARREN VERGARA  |  MONDAY, 19 AUG 2024
... that will make nearly 3000 workers redundant. It will solely focus on its development and construction business in the Australian market and global investment management. "Our priorities remain strengthening our balance sheet, returning capital to securityholders ...

ASX lifts revenue amid lower listings, capital raises

KARREN VERGARA  |  FRIDAY, 16 AUG 2024
... an increase in equities and futures market data distribution, royalties, and growth in customer connections at the Australian Liquidity Centre (ALC). The exchange did not provision for the legal proceedings ASIC brought against it on August 13 post-reporting ...

State Street receives Shariah-compliant certificate

MATTHEW WAI  |  FRIDAY, 16 AUG 2024
... forward to fostering continued collaboration in advancing Shariah-compliant financial solutions." According to the Australian Custodial Services Association, State Street is now the second-largest custodian in Australia. As at 30 June 2024, it had $834 ...

Magellan inks strategic partnership as results hint at turnaround

JAMIE WILLIAMSON  |  THURSDAY, 15 AUG 2024
... Vinva, which will sit within the Associates Business, also intend to work on developing products together, both for the Australian market and overseas. Formica said the group has long admired and respected Vinva and believes there is cultural alignment ...

Global X names head of portfolio management

ELIZA BAVIN  |  THURSDAY, 15 AUG 2024
... better investment solutions for Australians." Wolak said he was thrilled to join the team during a pivotal moment in the Australian ETF market. "Global X has seen tremendous success over the past few years, and I look forward to leveraging my experience ...

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI  |  THURSDAY, 15 AUG 2024
... November 2024," Aird said. Meantime, unemployment rose 0.1% in Australia in July to 4.2%, according to data from the Australian Bureau of Statistics (ABS). The small uptick in unemployment is good news for those hoping for a rate cut. A strong labour ...

Future Group joins campaign to ban gambling ads

MICHELLE BALTAZAR  |  WEDNESDAY, 14 AUG 2024
... the late MP Peta Murphy. A total ban would place both media companies under more revenue strain. Media watchdog, the Australian Communications and Media Authority, found that $238 million was spent on gambling advertising last year. In their latest results ...

ASX sued by ASIC for alleged misleading statements

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
The Australian Securities and Investments Commission (ASIC) has commenced proceedings in the Federal Court against the ASX, for allegedly making misleading statements related to its Clearing House Electronic Subregister System (CHESS) replacement project. ...

Custody assets exceed $5tn milestone

JAMIE WILLIAMSON  |  TUESDAY, 13 AUG 2024
... time, some key players have seen theirs take a dive. Tallying up the assets under custody in Australia to June 30, the Australian Custodial Services Association (ACSA) data shows assets grew by 5.4% in the first half of the year. They now total $5.04 ...

AFCA urges super trustees to improve processes

ELIZA BAVIN  |  TUESDAY, 13 AUG 2024
The Australian Financial Complaints Authority (AFCA) said the average loss on a superannuation scam complaint was just under $90,000. AFCA said of the nearly 11,000 complaints in relation to scams last financial year, less than 20 came from superannuation ...