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Showing 1 - 10 of 522 results for "IRR"

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 ...

Warakirri, LongView launch home equity strategy

MATTHEW WAI  |  THURSDAY, 16 JUL 2026
... property market. The Home Equity Fund 2 tracks the Cotality National Home Value Index and targets an investment return rate (IRR) of 12% to 16% per annum, net of all fees and costs. It requires a minimum investment of $100,000, with a distribution frequency ...

ASIC calls out platform trustees: 'Clear breach of trust'

RIDDHIMA TALWANI  |  MONDAY, 29 JUN 2026
ASIC has called out superannuation trustees for not doing enough to protect retirement savings of Australians on platforms even after repeated warnings from regulators about the dangers of poor oversight. ASIC's report Safeguarding super: How well are ...

Dexus executives step down over leaked airport data case

RIDDHIMA TALWANI  |  TUESDAY, 9 JUN 2026
Dexus said key executives have been stood down while the board and management consider the NSW Supreme Court judgement for it to sell its stake in Melbourne and Launceston airports. Dexus will also pay for the legal costs of any appeal for its institutional ...

ASIC cannot afford to stand still: Longo

VINNY VUCAGO  |  MONDAY, 1 JUN 2026
Outgoing ASIC chair Joe Longo has used his final appearance before the Parliamentary Joint Committee on Corporations and Financial Services to defend the regulator's enforcement record while warning that funding constraints and rapid technological change ...

Future Fund chief says staff departure not at 'worrying level'

RIDDHIMA TALWANI  |  FRIDAY, 29 MAY 2026
Future Fund chief executive Raphael Arndt said the current turnover running rate of around 6% in the senior investment team has not reached a "worrying level". Arndt was speaking at a Senate Estimates Committee hearing yesterday about the rise in turnover ...

Behavioural constraint is costing retirees greatly: Allianz Retire+

MATTHEW WAI  |  THURSDAY, 21 MAY 2026
The insurer found that market volatility, and inadequate savings are no longer the greatest threats to retirement outcomes, rather, it comes down to hesitancy to make the decisions retirement requires. Allianz Retire+'s The two-chapter retirement report ...

Perpetual to wind up fixed income fund

KARREN VERGARA  |  MONDAY, 11 MAY 2026
Perpetual's Dynamic Fixed Income Fund will shutter next month as it failed to reach the required scale to operate in a cost-efficient manner. The fund's investment manager Perpetual Investment Management told investors in a note that after careful ...

ASIC bans property wealth coach operating without licence

RIDDHIMA TALWANI  |  MONDAY, 11 MAY 2026
ASIC has permanently banned Queensland property developer Trent Simon Giumelli from providing financial services after he raised $48 million from members for real estate wealth coaching programs without a financial services licence. ASIC has accused ...

Super funds score win on stamp duty disclosure

JAMIE WILLIAMSON  |  MONDAY, 4 MAY 2026
The way in which super funds will have to disclose stamp duty as part of fees and costs to members is changing from July. From July 1, stamp duty paid in one year will be disclosed over the following seven years in fees and costs summaries publishing ...
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