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Showing 9771 - 9780 of 21783 results for "Dec"

Blue Sky partners for property investment

ALEX BURKE  |  FRIDAY, 4 AUG 2017
Blue Sky Private Real Estate entered into a joint venture to finance a 428-bed Adelaide student accommodation project. Working alongside Goldman Sachs and the Clean Energy Finance Corporation (CEFC) - the latter of which has committed debt finance of ...

RBI succumbs to low-flation

BENJAMIN ONG  |  FRIDAY, 4 AUG 2017
The Reserve Bank of India (RBI) cut interest rates by 25 basis points - repo rate to 6% (the first reduction in 10 months and the lowest rate since October 2010) and the reverse repo rate to 5.75% (reversing the 25 bps hike announced only four months ...

Suncorp hails diversity amid profit boost

ALEX BURKE  |  THURSDAY, 3 AUG 2017
Suncorp chair Ziggy Switkowski praised the group's 49% female leadership while announcing a 3% boost in net profit to $1.075 billion. The update on the banking and wealth management firm's diversity figures forms part of Suncorp's new corporate responsibility ...

Retirement advice will take hit from education reform

JAMIE WILLIAMSON  |  THURSDAY, 3 AUG 2017
Australian baby boomers will struggle to receive quality financial advice as experienced financial planners continue to offload practices at bargain prices in the face of regulatory reform. As more high-level advice needs grow for Australians facing ...

Aussie banks cleared of Wells Fargo-type conduct

EMMA RAPAPORT  |  WEDNESDAY, 2 AUG 2017
The corporate regulator has cleared eight Australian banks of any systemic misconduct involving illegal opening of accounts as seen at international firm Wells Fargo. The audits, undertaken by ASIC in December 2016 of the big four plus BOQ, Citibank ...

Class action on the cards for ASX healthcare firm

ALEX BURKE  |  TUESDAY, 1 AUG 2017
An ASX-listed healthcare company is facing a potential class action from shareholders, including major Australian fund managers, following a 37% fall in share price. William Roberts Lawyers has alleged that Sirtex Medical, which manufactures and distributes ...

UK regtech expands Australian footprint

JAMIE WILLIAMSON  |  TUESDAY, 1 AUG 2017
The overhaul of regulatory reporting requirements by the Australian Prudential Regulation Authority is behind a global regtech provider's decision to expand its Australasian operations. Having already established an Australian presence, London-based ...

SMSF auditors merge

EMMA RAPAPORT  |  TUESDAY, 1 AUG 2017
Two leading self-managed superannuation fund auditors have announced their intention to merge. ASF Audits, an Adelaide-based SMSF Auditor with more than 20 years' experience working with financial advisers, will merge with Super Auditors - a Newcastle ...

Australian businesses lift borrowing

BENJAMIN ONG  |  TUESDAY, 1 AUG 2017
Signaling a reorientation in Australia's credit markets, the RBA Financial Aggregates report for June shows that business borrowing has surged relative to home borrowings even as home borrowing still dominates credit markets. According to the RBA total ...

Labor cracks down on discretionary trusts

KARREN VERGARA  |  MONDAY, 31 JUL 2017
Opposition Leader Bill Shorten is cracking down on high-income earners exploiting a trust loophole that minimises tax bills. The Labor leader is pledging to impose a minimum 30% tax rate on the distributions of discretionary trusts to beneficiaries ...