371-380 of 585 results
Allens advises QBE Insurance Limited on equity raising
Allens has advised QBE Insurance Group Limited in connection with their A$810 million equity raising. The equity raising comprises an A$650 million underwritten institutional share placement and a ...
Allens acts on first wholesale Tier 2 issue under new Basel
Allens has advised Bendigo and Adelaide Bank on the first wholesale Tier 2 subordinated note issuance by an Australian domestic bank since the Basel III rules in relation to regulatory capital came ...
Funding a Fund: The growth of the capital call facility
The Australian corporate debt market is primed for growth, with an increase in the number of funds providing direct lending as an alternative source of financing to the traditional lending dominated by domestic banks. ...
Indirect costs - where to from here for superannuation trustees?
As many in the superannuation and managed investments industries are well aware there has been a number of significant changes to the manner in which indirect costs will need to be calculated and disclosed in PDSs that are on issue after 1 January 2016 While parts of the industry are continuing to ...
What do smoked fish have to do with retirement incomes?
The final report of the Financial System Inquiry recommended that APRA-regulated superannuation trustees be required to offer a comprehensive income product for retirement This rather modest recommendation in the final report stands in stark contrast to the retirement phase policy options canvassed ...
Taxation of certain unit trusts - 'attribution' model to replace 'present entitlement'
You may be forgiven for having lost track of the proposed reforms to the taxation of managed investment trusts or MITs given that this initiative has been announced by successive Federal governments since 2010 Finally though an exposure draft of new legislation is expected to be released before ...
New ASIC funding - looking beyond the headlines
Along with the public release of the ASIC Capability Review Report the Government announced a suite of reforms giving ASIC additional but targeted funding and has also sought to remove some of the shackles on hiring it believes may be hindering ASICs ability to recruit top talent At the same time ...
ASIC getting a bigger toolkit sooner than expected
In its response to the capability review into ASIC the Federal Government has made a commitment to accelerate the implementation of a product intervention power for ASIC and the product design and distribution obligations for the financial services industry but it left to one side some other ...
Green Renaissance in Australia
After more than three years of inertia, the Australian renewable energy industry is finally showing signs of a resurgence ...
Attribution MITs - why try to fix something that wasn't broken?
The exposure draft Bill for the taxation of 'attribution managed investment trusts' has been received with much derision. We consider the key implications ...