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Showing 1 - 10 of 478 results for %22Bill Gross%22

Dexus completes $300m raising

ELIZA BAVIN  |  TUESDAY, 7 MAY 2024
... strategies," he said. "We expect at least 60% of the portfolio to be in Sydney and Melbourne and will cap gearing at 55% of gross assets."

Australia's budget position ranks second among G20 nations

ANDREW MCKEAN  |  FRIDAY, 19 APR 2024
Australia's budget balance as a share of gross domestic product (GDP) was second among G20 nations last year, improving from 14th in 2021, according to the International Monetary Fund (IMF). Australia's budget balance was -0.9% of GDP in 2023, surpassing ...

Heartland finally gets regulatory approval for Challenger Bank acquisition

ELIZA BAVIN  |  MONDAY, 8 APR 2024
... at 31 December 2023, Heartland's Australian reverse mortgage and livestock finance businesses had around NZ$2 billion of gross finance receivables. "Completing the Challenger Bank acquisition will make Heartland Bank the first New Zealand registered ...

Platinum plans turnaround, FUM dwindles

KARREN VERGARA  |  FRIDAY, 1 MAR 2024
... outflows came from institutional investors, of which $650 million related to one partial redemption by a large investor. Gross inflows were $347 million with international and Asia fund strategies benefiting the most. Platinum ended 2023 with $15.4 billion ...

Centrepoint Alliance targets further growth with new platform

JAMIE WILLIAMSON  |  MONDAY, 26 FEB 2024
... new, "competitively priced" IDPS and superannuation platform, a strategic initiative outlined as it posts $140.5 million in gross revenues for 1H24 and $4.9 million in profits. Centrepoint said it has partnered with FNZ to build a new platform under ...

Generation Development Group nears $3bn

ANDREW MCKEAN  |  TUESDAY, 23 JAN 2024
... announcement, GDG also reported FUM growth of $232 million between September and December 2023, alongside a 37% rise in gross inflows compared to the previous period. Chief executive Grant Hackett said that the company achieved another very strong quarter ...

First trillionaire to emerge in next decade: Report

JAMIE WILLIAMSON  |  MONDAY, 15 JAN 2024
... heating and cooling for their homes, just to keep their heads above water. "We cannot accept a society that promotes the gross accumulation of wealth alongside widespread global poverty. One of the best mechanisms we have to address this is progressive ...

Government reports improved fiscal outlook

ANDREW MCKEAN  |  WEDNESDAY, 13 DEC 2023
... policy in reducing inflationary pressures. This approach has led to a decrease in deficits and public debt projections, with gross debt expected to peak at 35.4% of GDP in 2027-28 before declining. "We will avoid $145 billion over 12 years to 2033-34 ...

Insignia, WT Financial complete Millennium3 transfer

JAMIE WILLIAMSON  |  MONDAY, 11 DEC 2023
... It said, based on modelling, the acquisition should contribute more than $50 million in revenues, about $4.5 million in gross profit, and more than $500,000 in net profit before tax. It also grows WT Financial Group's funds under advice by $5 billion ...

Insignia Financial finds buyer for Millennium3

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... expected in December, WTL anticipates the acquisition will add over $50 million in revenue, approximately $4.5 million in gross profit, and more than $500,000 in net profit before tax to the group on an annualised basis. Further, WTL said the M3 network ...
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