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Showing 1 - 10 of 1134 results for "Gross"

S&P reaffirms Australia's AAA credit rating

VINNY VUCAGO  |  FRIDAY, 7 AUG 2026
... countries to hold a AAA sovereign credit rating from all three major international rating agencies. According to the Treasurer, gross debt at the end of the last financial year was $10.6 billion below the level projected under the previous Coalition ...

Dexus adds $700m Brisbane tower sale to divestment drive

VINNY VUCAGO  |  THURSDAY, 30 JUL 2026
Dexus has continued its asset sell-down program agreeing to divest Brisbane office tower 480 Queen Street for a gross sale price of $700 million just after surpassing its $2 billion divestment target ahead of schedule. The property, jointly owned by ...

Perpetual rejects EQT bid again as growth continues

VINNY VUCAGO  |  WEDNESDAY, 29 JUL 2026
... foreign exchange movements and ongoing cost discipline under its Simplification Program. The company added it had reduced gross debt by around 15% since December and experts to be net debt free in a pro forma basis following completion of the Wealth ...

WAM active strategy delivers 75.5%

MATTHEW WAI  |  TUESDAY, 14 JUL 2026
WAM Active (ASX: WAA), one of Wilson Asset Management's (WAM) active listed investment companies (LICs), has recorded 75.5% in investment performance in the 12 months to 30 June 2026. Outperforming the Bloomberg AusBond Bank Bill Index (Cash) and the ...

Financial services CSLR Levy hits $198m

MATTHEW WAI  |  THURSDAY, 2 JUL 2026
... some 474 claims from the collapses of Shield and First Guardian Master Funds. These claims represent over $30.1 million in gross claim payments according to data provide by the CSLR. The first tranche represents only around 10% of approximately 3500 ...

Australian Unity to shed 195 roles

MATTHEW WAI  |  FRIDAY, 5 JUN 2026
... in FY27, as "no transactional activity is expected to be completed and recognised prior to 30 June 2026." "The aggregate gross asset value of funds under management has also been adversely affected by market volatility and net outflows in asset classes ...

Perpetual acquires majority stake in Interfi

VINNY VUCAGO  |  FRIDAY, 5 JUN 2026
... customary conditions. The acquisition comes as Perpetual continues to improve its balance sheet. The company said it expects gross debt to fall by approximately 15% by 30 June 2026, even after accounting for the Interfi acquisition and recent debt facility ...

Cooling economy could keep RBA on hold

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2026
Australian gross domestic product (GDP) rose 0.3% in the March quarter 2026 and 2.5% compared to a year ago, according to the Australian Bureau of Statistics (ABS). "Economic growth slowed in the March quarter, with modest household and public sector ...

Invesco, Trinetra IM strategies to wind up

KARREN VERGARA  |  WEDNESDAY, 3 JUN 2026
... total return over a market cycle with a low-to-moderate correlation to traditional financial market indices, targeting a gross return of 6% p.a. above the Bloomberg Ausbond Bank Bill Index with 8% p.a. target portfolio volatility. It returned 22.1% p.a. ...

Westpac fined $26m for financial hardship neglect

KARREN VERGARA  |  WEDNESDAY, 27 MAY 2026
Major bank Westpac has copped a $26 million fine for neglecting customers facing financial hardship over a six-year period. The Federal Court found the bank failed 277 customers facing financial troubles by not providing a written response to their ...
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