Toby Hill

Australian Retirement Trust Expands with Woolworths and Endeavour Group Fund Transfer

BRISBANE - Australian Retirement Trust (ART), one of the country's largest superannuation funds, has significantly expanded its assets and membership base following a successful successor fund transfer (SFT) with retail giants Woolworths Group and Endeavour Group. This pivotal development underscores...

Adia Boosts Qualitas with $451M Investment, Bolstering Private Credit Portfolio Expansion

Abu Dhabi Investment Authority (Adia), one of the world's most significant sovereign wealth funds, has announced its additional $451 million commitment to Australian real estate investment firm Qualitas. This move aligns with Adia's strategy of expanding its private credit portfolio...

Australian Battery Tech Powering Up US Market with Rancho Santa Margarita Branch

In a significant expansion move, Australia's leading battery technology company has leased its first-ever branch in the United States. The new branch in Rancho Santa Margarita marks a strategic step for the firm as it seeks to tap into the...

AUD/USD Fluctuations and Retail Trader Sentiment: Unveiling Insights with IGCS Data

The Australian Dollar (AUD) has recently experienced notable fluctuations against the US Dollar (USD), prompting retail traders to closely monitor the AUD/USD currency pair. Technical analysis combined with insights from IG Client Sentiment (IGCS) provides an overview of the current...

BHP Soars, Qantas Sued, Deepfake Finance: A Day of Financial Fireworks

In a day of significant developments across the corporate landscape, global mining giant BHP reported robust financial results, while Australian airline Qantas found itself in legal turmoil. BHP, one of the world's largest mining companies, released its fiscal year 2023...

HCLTech Continues Digital Transformation Journey with Cricket Australia

Cricket Australia (CA), the governing body for the sport in the country, has renewed its partnership with HCL Technologies (HCLTech) for the next phase of its digital transformation.  While the financial specifics of the deal were not disclosed, this collaboration...

IGCC Launches’ Road to Resilience’ Strategy for Climate Investments in Australia and New Zealand

The Investor Group on Climate Change (IGCC) has introduced its new 'Road to Resilience' strategy, boosting climate resilience investments across Australia and New Zealand.  Designed to steer IGCC's initiatives from September 2023 through December 2025, the strategy aims to support...

Incumbent Airlines Secure Five-Year Extensions for Vital Western Australia Regional Routes

Regional Express (Rex) and Skippers Aviation have secured five-year extensions for their Western Australia regional air routes beginning on October 2, 2023, and ending on July 2, 2028, solidifying their position as primary carriers on these crucial routes. Rex, facing...

Retail Mogul Solomon Lew Contemplates Unleashing Brand Power

Could a daring move by retail magnate Solomon Lew unlock the untapped potential of iconic brands like Peter Alexander, Smiggle, Portmans, and Just Jeans?  Melbourne tailor's son to Australia's wealthiest retailer, Solomon Lew, the man behind the $3.5 billion Premier...

Australia Braces for Economic Slowdown Amidst Aging Population and Climate Challenges

How will Australia navigate an impending economic slowdown in the face of an aging population and the looming spectre of climate change? In a recent government report, Australia's economic future is projected to face significant challenges as its population ages...

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