291-300 of 593 results
Allens advises Bendigo and Adelaide Bank on offer of Convertible Preference Shares 3
Allens has advised Bendigo and Adelaide Bank on its A$225 million of Convertible Preference Shares 3 ( CPS3 ), following the issue of similar convertible preference shares ( CPS2 ) in late 2014. As ...
Allens helps steer Burson Group in auto parts acquisition
Allens has advised leading automotive aftermarket parts specialist Burson Group Limited in its $275 million acquisition of Metcash Automotive Holdings. Metcash Automotive Holdings, a subsidiary of ...
What's next for impact investing in Australia?
The Australian impact investing market has grown considerably in recent years and growth is largely attributed to a surge of impact investment with focus on environmental rather than social outcomes. ...
ASIC's proposed competition objective
In its submission to the Financial System Inquiry the Australian Securities and Investments Commission has proposed the addition of a statutory objective to enable ASIC to consider the impact of its decision making on competition when exercising its statutory powers and functions This paper explores ...
The beginning of the end of the unit trust's monopoly?
It is surprising the Federal Government did not make more of its release on 4 June of the Board of Taxations report on tax arrangements applying to collective investment vehicles We can only assume that the government was slightly embarrassed that the report handed to the previous government in 2011 ...
Bill to repeal equal representation rules for superannuation trustee boards
Treasury today released what appears to be an extract from an Exposure Draft Bill that will remove the equal representation rules in the Superannuation Industry Supervision Act 1993 Cth and require at least a third of the directors of superannuation trustee boards to be independent If passed the ...
Productivity Commission's proposed alternate default models for superannuation
In the latest and undoubtedly most significant of its reports into the design of default superannuation arrangements in Australia the Productivity Commission yesterday released its Draft Report in relation to Superannuation Alternative Default Models Partner Geoff Sanders of the Allens ...
ASIC's (limited) guidance on superannuation fees and costs disclosure
Today 1 July sees the implementation of changes to the fee and cost disclosure rules for superannuation and managed investment products While a new information sheet from ASIC provides guidance on certain aspects of the new rules superannuation trustees have been left to grapple largely unaided with ...
The Financial System Inquiry - matchmaking superannuation and infrastructure investment?
The vast pool of capital held in Australian superannuation funds now approximately A18 trillion has long been touted as a natural solution to Australias infrastructure funding deficit With the stable long-term cash flows characteristic of infrastructure assets providing a natural fit to the ...
Will Australia serve up a Chilean-style super system?
The Financial System Inquirys final report was blunt in its assessment of the current state of Australias super system noting that the superannuation system is not operationally efficient due to a lack of strong price-based competition The Inquirys concern with super fees and costs led to one of the ...