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Search ResultsShowing 1 - 10 of 100+ results for Eliza Bavin
Charter Hall extends JV, makes acquisition
ELIZA BAVIN  |  THURSDAY, 4 JUN 2020
Charter Hall Group has announced an extension to its relationship with global institutional investor Allianz Real Estate to acquire a $648 million portfolio. The ALDI logistics assets portfolio includes the ALDI distribution centres, which were designed ...
38 staff punished over AUSTRAC scandal: Westpac
ELIZA BAVIN  |  THURSDAY, 4 JUN 2020
Westpac has confirmed 38 staff copped a range of remuneration consequences as a result of the bank's investigations into the AUSTRAC scandal. In a statement, the bank confirmed it should have recognised the faults in its systems earlier. "The report ...
GDP figures reveal start of COVID-19 impact
ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
The Australian Gross Domestic Product fell 0.3%, seasonally adjusted, in the March quarter and growth slowed to 1.4% through the year, according to figures released by the Australian Bureau of Statistics. ABS chief economist Bruce Hockman said this ...
Economic outlook not as bad as predicted: RBA
ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
The Reserve Bank of Australia governor Phillip Lowe said the extent of the economic downturn, as a result of the impacts of COVID-19, is not as dire as expected. At the June meeting, the RBA board decided to maintain the current policy settings, keeping ...
Fed buys up BlackRock ETFs
ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
BlackRock has emerged as the biggest winner of the US Federal Reserve's corporate bond buying program, with its ETFs making up around half of the central bank's purchases. The Fed bought US$1.58 billion in investment grade and high-yield ETFs in May ...
FSC calls for SMSF access to infrastructure
ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
The FSC has proposed a plan to democratise investment in domestic infrastructure development, making these projects accessible to every Australian with money in superannuation. The FSC said the proposed Australian Superannuation and Infrastructure Investment ...
Keybridge takes WAM to court
ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
Keybridge Capital has launched legal proceedings against Wilson Asset Management, alleging WAM improperly transferred Keybridge shares into its own name. According to Keybridge's filing, it commenced proceedings in the Supreme Court of NSW in relation ...
Zurich pledges to COVID-19 support
ELIZA BAVIN  |  TUESDAY, 2 JUN 2020
Zurich Australia and OnePath Life announced donations to 20 charities with COVID-19 response funding. Zurich said it has made a $1.4 million donation from the Z Zurich Foundation to help local community programs respond to increased demand. Zurich ...
MLC Wealth appoints chair
ELIZA BAVIN  |  TUESDAY, 2 JUN 2020
A former chief executive of BT Financial Group has been named independent non-executive chair of MLC Wealth. Robert Coombe has been named to take on the role, effective 1 July 2020. NAB chair Philip Chronican said the appointment to the board of National ...
Gold holding onto Fibonacci resistance: Daily FX
ELIZA BAVIN  |  TUESDAY, 2 JUN 2020
As gold continues to be a highly sought safe haven during ongoing market concerns, gold prices are an indication the precious metal is the most overbought since 2011, according to Daily FX analysis. James Stanley, strategist at Daily FX, said the price ...
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