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Showing 1 - 10 of 343 results for %22CG Lai%22

Iress share price jumps on takeover rumours

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2024
Iress saw its share price skyrocket 15% as speculation swirled that a global private equity firm is keen on a buyout. An article in the AFR claiming US private equity investor Thoma Bravo is eyeing Iress sent investors into a tailspin, bumping up the ...

Arena welcomes chief investment officer

CHLOE WALKER  |  TUESDAY, 5 MAR 2024
Arena REIT (Arena) has appointed Justin Bailey to the newly created role of chief investment officer. Reporting to Arena managing director Rob de Vos in Melbourne, Bailey will lead the capital allocation, transaction, and asset management functions ...

Cromwell downgrades assets by $192m

KARREN VERGARA  |  MONDAY, 15 JAN 2024
Cromwell Property Group saw the value of its assets dive $192.1 million in the six months to December 2023. The amount represents a 7.5% reduction following an independent valuation. This is across eight out of nine properties. The real estate fund ...

Qantas Super takes merger plans to new heights

JAMIE WILLIAMSON  |  TUESDAY, 5 DEC 2023
Qantas Super recently provided an update as to its merger plans, including the appointment of a dedicated committee and an outline of the three key issues forcing its hand. In September, the $8.4 billion fund confirmed it was exploring its options in ...

'Should have known better': AAT tells auditor

JAMIE WILLIAMSON  |  FRIDAY, 1 DEC 2023
A former auditor who was busted for auditing her own husband's SMSF has seen her disqualification upheld by the Administrative Appeals Tribunal (AAT). In August 2022, Janette Townshend was found to have breached independence requirements by auditing ...

Buffett outlines plans for Berkshire Hathaway

CHLOE WALKER  |  WEDNESDAY, 29 NOV 2023
Warren Buffett has laid out plans for Berkshire Hathaway (Berkshire) and his fortune in a rare letter published on the company's website. The legendary investor announced the gifting of 2.4 million Class B shares of Berkshire Hathaway stock (totalling ...

BBY manager charged with aiding and abetting

KARREN VERGARA  |  WEDNESDAY, 29 NOV 2023
ASIC charged another former employee of BBY with aiding and abetting the dishonest conduct of the stockbroking firm. ASIC alleges that Yat Nam (April) Yuen, who worked in roles such as manager of strategy, facilitated the transfer of large sums of client ...

ASIC loses case against Diversa

JAMIE WILLIAMSON  |  TUESDAY, 24 OCT 2023
The Federal Court has found in favour of Diversa in the case brought by ASIC in 2021 which alleged the trustee knew about a now banned adviser's dodgy behaviour but failed to act. In October 2021, ASIC commenced civil penalty proceedings against ...

I can only apologise: PwC boss

CASSANDRA BALDINI  |  THURSDAY, 12 OCT 2023
PwC Australia boss Kevin Burrowes and former chief executive Luke Sayers were grilled this morning in a Senate Inquiry as fallout continues over the embattled firm's tax scandal. Emails sent by former PwC head of international tax Peter-John Collins ...

FAAA names inaugural awards finalists

CASSANDRA BALDINI  |  WEDNESDAY, 11 OCT 2023
The Financial Advice Association Australia (FAAA) has announced the 2023 finalists for its suite of awards, to be presented at its annual Professionals Congress in November. The newly merged entity has launched its inaugural awards, spanning six categories. ...
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