Salter Brothers plans IPO for $2bn hotels portfolio
Australia’s second-largest owner of hotel rooms is pushing ahead with an ASX listing for its growing accommodation assets.
Australia’s second-largest owner of hotel rooms is pushing ahead with an ASX listing for its growing accommodation assets.
Andrew Hagger has joined with former Reserve Bank stalwart Guy Debelle to establish an advisory firm for ultra-wealthy families, as the number of Australian billionaires swells.
Australia’s financial advice model requires less complexity, with those who need guidance and assistance probably being priced out of the market, AMP chairman Mike Hirst has warned.
John Green addressed staff and partners at PwC – in two separate groups – as part of a listening tour, where he drew a line in the sand under the firm’s woes.
United H2 Limited, which develops and commercialises hydrogen-related companies, has lured Mark Bouris to its board as it targets an ASX listing.
Investors say the beleaguered ASX board still has work to do to boost its expertise and ensure accountability for a bungled technology upgrade, despite the changeover of chairman.
National Australia Bank is the latest big lender to reduce the amount of commission payments it can claw back from mortgage brokers, given industry pressure.
The banking major’s incoming boss Anthony Miller is prone to telling colleagues he is the underachiever of his family, given two of his siblings represented Australia at the Olympics. He’ll certainly have to revise his talking points.
This international banking executive is certain to feature on the target list of Westpac’s board and the headhunting firm spearheading a search for its next CEO.
Macquarie’s stellar $24bn divestment of AirTrunk could deliver it hefty performance fees and stoke further demand for digital infrastructure assets.
Original URL: https://www.theaustralian.com.au/author/joyce-moullakis/page/6