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Showing 1 - 10 of 762 results for "Wednesday 0.76"

Chalmers flags pension, super spending in Budget update

ELIZA BAVIN  |  TUESDAY, 16 DEC 2025
Ahead of Treasurer Jim Chalmers and Financial Minister Katy Gallagher handing down the Budget update tomorrow, Chalmers has flagged some expected changes. Chalmers said the Budget update will be about "delivery, responsibility and restraint". "We will ...

Productivity woes endure in March quarter

ANDREW MCKEAN  |  FRIDAY, 20 JUN 2025
Productivity, a concept treasurer Jim Chalmers recently described as too often seen as "cold" and "almost soulless," despite it being, as he also noted, the best way to improve people's lives over time, was stagnant in the March quarter and declined ...

Chalmers teases superannuation update

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
Speaking at a press conference on Monday, Treasurer Jim Chalmers hinted there will be an announcement around changes to superannuation and the retirement phase sometime this week. Chalmers outlined the notable events on the government's agenda for the ...

abrdn bleeds $6bn, share price plummets

JAMIE WILLIAMSON  |  FRIDAY, 25 OCT 2024
The fund manager's share price took a massive hit on the back of $6 billion (£3.1bn) in outflows in the third quarter. While abrdn's assets under management and administration (AUMA) grew 2% on the prior corresponding period, the outflows in its institutional ...

Perpetual confirms KKR acquisition talk

JAMIE WILLIAMSON  |  MONDAY, 29 APR 2024
Following media reports and a short trading halt, Perpetual this morning confirmed it is in exclusive discussions with KKR over the acquisition of its Corporate Trust and Wealth Management arms. Over the weekend, the AFR reported KKR is set to acquire ...

Pendal shutters costly equity fund

KARREN VERGARA  |  MONDAY, 11 MAR 2024
Pendal is terminating one of its funds, saying that it was too expensive to operate, 11 years on from its launch. The Pendal Geared Imputation Fund will cease to exist on March 26, the fund manager told investors, as its "small size means that it has ...

RBA's multi-channel approach curbs inflation

ANDREW MCKEAN  |  THURSDAY, 12 OCT 2023
Reserve Bank of Australia (RBA) assistant governor Christopher Kent has punctuated that beyond the cash-flow channel, where a rise in the cash rate leads to higher interest payments for those with debt, there exists other avenues through which monetary ...

UBS swaps out chiefs amid Credit Suisse acquisition

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
Following its agreement to purchase the embattled bank, Sergio Ermotti will return to the helm of UBS and take over from Ralph Hamers. Hamers will officially relinquish his chief executive title next Wednesday to "serve the interests of the new combination ...

Blackstone restricts withdrawals on US$125bn property fund

CASSANDRA BALDINI  |  FRIDAY, 2 DEC 2022
Blackstone is limiting withdrawals from its US$125 billion real estate income trust (REIT) after a sharp rise in redemption requests. The global investor said the REIT received repurchase requests exceeding both the 2% of net asset value (NAV) monthly ...

Perpetual rejects takeover bid by consortium

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
Perpetual has rejected an unsolicited takeover proposal from Regal Partners and BPEA Private Equity Fund VIII. According to an ASX announcement, the non-binding indicative proposal was to acquire 100% of Perpetual at $30 a share. Perpetual said the ...
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