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Showing 81 - 90 of 756 results for "Block"

Block Earner dodges massive fine

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
The Federal Court has absolved Block Earner from paying a penalty for trading without a financial services licence, which ASIC believes should have been $350,000. While Judge Jackman determined that while Block Earner, which invested in cryptocurrency ...

ANZ dumps remaining stake in AmBank

ANDREW MCKEAN  |  FRIDAY, 31 MAY 2024
... capital ratio by about five basis points. This is in addition to the 16 basis points gained from the sale of the initial 16.5% block of AmBank shares in March. Earlier this year, ANZ said that divestment released $668 million in capital, which was returned ...

Brookfield Oaktree to further democratise alternatives in Australia

ANDREW MCKEAN  |  TUESDAY, 28 MAY 2024
Local investors will get access to Brookfield Oaktree Wealth Solutions' global private credit strategy later this year, with plans to launch it as a unit trust. An infrastructure fund that's been successful in other regions will follow by early ...

SEC approves eight Ethereum ETFs

ELIZA BAVIN  |  FRIDAY, 24 MAY 2024
The Securities and Exchange Commission (SEC) has approved eight Ethereum ETFs for BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy and Franklin Templeton. This comes after the commission approved Bitcoin ETFs back in March this year. ...

Crescent Capital sells down ClearView stake

ELIZA BAVIN  |  FRIDAY, 17 MAY 2024
... aggregate more than 73 million fully paid ordinary shares to a range of sophisticated and institutional investors by way of a block trade at 59 cents per share. Following settlement of the sale of the shares, Crescent will still hold more than 225 million ...

Macquarie Asset Management launches low-cost active ETFs

ANDREW MCKEAN  |  THURSDAY, 16 MAY 2024
Macquarie Asset Management (MAM) has launched two ultra low-cost systematic active ETFs on the ASX that seek to enhance returns over index performance. The ETFs will endeavour to outperform the index by combining data science and human intelligence. ...

Industry reacts to Federal Budget

ELIZA BAVIN  |  WEDNESDAY, 15 MAY 2024
... taxpayers, especially low- and middle-income taxpayers, and provide welcome relief from the surging cost of living," H&R Block director of tax communications Mark Chapman said. "As originally designed by the Liberal/National government, the tax cuts ...

Budget 2024: Regulators given boost to combat misconduct, cybersecurity

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... against the tax and superannuation systems. About $79 million will be spent to upgrade the ATO's technologies to identify and block suspicious activity in real time, while $83.5 million will go towards a new compliance taskforce to recover lost revenue ...

Bitcoin halving won't bring immediate price rise

ELIZA BAVIN  |  MONDAY, 22 APR 2024
The Bitcoin halving event - which occurred over the weekend - has seen optimism around the cryptocurrency rise, but major price increases may take some time to shine through. The halving event is coded to occur every 210,000 blocks and halves the reward ...

ATO targets crypto investors, sharing economy

KARREN VERGARA  |  WEDNESDAY, 17 APR 2024
... on the cryptocurrency bandwagon, many are failing to declare their profits and in some cases the losses, according to H&R Block director of tax communication Mark Chapman. The ATO estimates between 500,000 and one million Australians invest in cryptocurrency. ...