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Perpetual Trustees
Perpetual is an Australian investment fund and trustee group in the S&P/ASX 200. The company provides investment products, financial advice, philanthropic and corporate services to individuals, families, financial advisers and organisations. History Perpetual was conceived in 1885 by a committee of business professionals with the purpose of forming a trustee company. The committee included Edmund Barton, Australia's 1st Prime Minister, managing director John Street of the Street family and chairman James Fairfax of the Fairfax family. The Perpetual Trustee Company (Limited) was officially formed in 1886, originally based at 105 Pitt Street Sydney. John Pewtress, an accountant, became the first employee. In 1888, a special act was granted to Perpetual (the power) to act as a corporate executor and trustee by the NSW Legislative Assembly. An increasing number of prominent citizens appointed Perpetual as executor or trustee of their estates – in many cases for generations. P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Perpetual Logo
Perpetual, meaning "eternal", may refer to: Christianity * Perpetual curacy, a type of Christian priesthood in Anglicanism * Perpetual virginity of Mary, one of the four Marian dogmas in Catholicism Finance *Perpetual bond, a bond that pays coupons forever *Perpetual plc, a British investment management company which became Invesco Perpetual *Perpetual Limited, an Australian diversified financials company *Perpetuity, a perpetual asset Other *Perpetual Entertainment, an American software development company *Perpetual Maritime Truce, the treaty defining peaceful relations in the Trucial States, today the United Arab Emirates. * Perpetual motion (other) *Perpetual Union The Perpetual Union is a feature of the Articles of Confederation and Perpetual Union, which established the United States of America as a political entity. Under modern American constitutional law this means that U.S. states are not permitted t ..., a concept in American constitutional law and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fairfax Family
Members of the Fairfax Family were prominent as Australian media proprietors, especially in the area of newspaper publishing through the company John Fairfax and Sons (later known as Fairfax Media, although the Fairfax family no longer control the eponymous company). Some members have also been prominent in Australian philanthropy and the arts. Six generations of the family are descended from Anglo-Celtic immigrants to Australia, patriarch John Fairfax, an English-born journalist, and his wife, Sarah (née Reading). Both were from the Barford area of Warwickshire, and emigrated to the Colony of New South Wales in 1838. Generational history First generation John Fairfax was born in Barford, Warwickshire, the second son of William Fairfax and his wife, Elizabeth ''née'' Jesson. In 1817, John Fairfax was apprenticed to William Perry, a bookseller and printer in Warwick. In 1825, Fairfax went to London where he worked as a compositor in a genera ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Möbius Strip
In mathematics, a Möbius strip, Möbius band, or Möbius loop is a surface that can be formed by attaching the ends of a strip of paper together with a half-twist. As a mathematical object, it was discovered by Johann Benedict Listing and August Ferdinand Möbius in 1858, but it had already appeared in Roman mosaics from the third century CE. The Möbius strip is a non-orientable surface, meaning that within it one cannot consistently distinguish clockwise from counterclockwise turns. Every non-orientable surface contains a Möbius strip. As an abstract topological space, the Möbius strip can be embedded into three-dimensional Euclidean space in many different ways: a clockwise half-twist is different from a counterclockwise half-twist, and it can also be embedded with odd numbers of twists greater than one, or with a knotted centerline. Any two embeddings with the same knot for the centerline and the same number and direction of twists are topologically equivalent. All of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philanthropic
Philanthropy is a form of altruism that consists of "private initiatives, for the public good, focusing on quality of life". Philanthropy contrasts with business initiatives, which are private initiatives for private good, focusing on material gain; and with government endeavors, which are public initiatives for public good, notably focusing on provision of public services. A person who practices philanthropy is a philanthropist. Etymology The word ''philanthropy'' comes , from ''phil''- "love, fond of" and ''anthrōpos'' "humankind, mankind". In the second century AD, Plutarch used the Greek concept of ''philanthrôpía'' to describe superior human beings. During the Middle Ages, ''philanthrôpía'' was superseded in Europe by the Christian virtue of ''charity'' (Latin: ''caritas''); selfless love, valued for salvation and escape from purgatory. Thomas Aquinas held that "the habit of charity extends not only to the love of God, but also to the love of our neighbor". Philanth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Australian
''The Australian'', with its Saturday edition, ''The Weekend Australian'', is a broadsheet newspaper published by News Corp Australia since 14 July 1964.Bruns, Axel. "3.1. The active audience: Transforming journalism from gatekeeping to gatewatching." (2008). "''The Australian'' has long positioned itself as a loyal supporter of the incumbent government of Prime Minister John Howard, and is widely regarded as generally favouring the conservative side of politics." As the only Australian daily newspaper distributed nationally, its readership of both print and online editions was 2,394,000. Its editorial line has been self-described over time as centre-right. Parent companies ''The Australian'' is published by News Corp Australia, an asset of News Corp, which also owns the sole daily newspapers in Brisbane, Adelaide, Hobart, and Darwin, and the most circulated metropolitan daily newspapers in Sydney and Melbourne. News Corp's Chairman and Founder is Rupert Murdoch. ''Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business News
Business journalism is the part of journalism that tracks, records, analyzes and interprets the business, economic and financial activities and changes that take place in societies. Topics widely cover the entire purview of all commercial activities related to the economy. This area of journalism provides news and feature articles about people, places and issues related to the business sector. Most newspapers, magazines, radio, and television-news shows include a business segment. Detailed and in-depth business journalism may appear in publications, radio, and television channels dedicated specifically to business and financial journalism. History Business journalism began as early as the Middle Ages, to help well-known trading families communicate with each other. Around 1700, Daniel Defoe—best known for his novels especially ''Robinson Crusoe''—began publishing business and economic news. In 1882 Charles Dow, Edward Jones and Charles Bergstresser began a wire service t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Takeover Offer
In business, a takeover is the purchase of one company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company. Management of the target company may or may not agree with a proposed takeover, and this has resulted in the following takeover classifications: friendly, hostile, reverse or back-flip. Financing a takeover often involves loans or bond issues which may include junk bonds as well as a simple cash offers. It can also include shares in the new company. Types Friendly A ''friendly takeover'' is an acquisition which is approved by the management of the target company. Before a bidder makes an offer for another company, it usually first informs the company's board of directors. In an ideal world, if the board feels that accepting the offer serves the shareholders better than rejecting it, it recom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Financial Review
''The Australian Financial Review'' (abbreviated to the ''AFR'') is an Australian business-focused, compact daily newspaper covering the current business and economic affairs of Australia and the world. The newspaper is based in Sydney, New South Wales, Australia; owned by Nine Entertainment and has been published continuously since its founding in 1951. The ''AFR'', along with the rest of Fairfax Media (aside from some publications which were sold to Australian Community Media), was sold to Nine Entertainment for more than A$2.3 billion.Mergermarket - An Acuris company. (n.d''.). Fairfax Media Limited Nine Entertainment Co. Holdings Ltd Merger.'' Retrieved from www.mergermarket.com/Common/Mergermarket/Deals/DealDetails.aspx?dealsysid=933952&extern=19&id=239512&contextid=1018456074&zone=205¤cyCode=AUD The ''AFR'' is published in tabloid format six times a week, whilst providing 24/7 online coverage through its website. In November 2019, the ''AFR'' reached 2.647 million Au ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Securitisation
Securitization is the financial practice of pooling various types of contractual debt such as residential mortgages, commercial mortgages, auto loans or credit card debt obligations (or other non-debt assets which generate receivables) and selling their related cash flows to third party investors as securities, which may be described as bonds, pass-through securities, or collateralized debt obligations (CDOs). Investors are repaid from the principal and interest cash flows collected from the underlying debt and redistributed through the capital structure of the new financing. Securities backed by mortgage receivables are called mortgage-backed securities (MBS), while those backed by other types of receivables are asset-backed securities (ABS). The granularity of pools of securitized assets can mitigate the credit risk of individual borrowers. Unlike general corporate debt, the credit quality of securitized debt is non- stationary due to changes in volatility that are time- and stru ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Superannuation
A pension (, from Latin ''pensiō'', "payment") is a fund into which a sum of money is added during an employee's employment years and from which payments are drawn to support the person's retirement from work in the form of periodic payments. A pension may be a "defined benefit plan", where a fixed sum is paid regularly to a person, or a "defined contribution plan", under which a fixed sum is invested that then becomes available at retirement age. Pensions should not be confused with severance pay; the former is usually paid in regular amounts for life after retirement, while the latter is typically paid as a fixed amount after involuntary termination of employment before retirement. The terms "retirement plan" and "superannuation" tend to refer to a pension granted upon retirement of the individual. Retirement plans may be set up by employers, insurance companies, the government, or other institutions such as employer associations or trade unions. Called ''retirement plans'' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Securities Exchange
Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as, The Sydney Stock Exchange, a separate entity). The ASX was formed on 1 April 1987, through incorporation under legislation of the Australian Parliament as an amalgamation of the six state securities exchanges, and merged with the Sydney Futures Exchange in 2006. Today, ASX has an average daily turnover of A$4.685 billion and a market capitalisation of around A$1.6 trillion, making it one of the world's top 20 listed exchange groups. ASX Clear is the clearing house for all shares, structured products, warrants and ASX Equity Derivatives. Overview ASX Group is a market operator, clearing house and payments system facilitator. It also oversees compliance with its operating rules, promotes standards of corporate governance am ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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