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Showing 91 - 100 of 1637 results for "DAM"

Aware Super provides details on growth strategy

ANDREW MCKEAN  |  MONDAY, 13 MAR 2023
The superannuation giant has confirmed it will restructure its team into two distinct groups in support of its broader plans for global expansion. Following on from the appointment of Damien Webb as head of international, Aware Super has said it plans ...

Review of managed investment schemes kicks off

JAMIE WILLIAMSON  |  THURSDAY, 9 MAR 2023
Treasury is commencing its review of the regulatory framework underpinning managed investment schemes (MIS), targeted at identifying gaps and possible areas for improvement. The review was announced as part of the Albanese government's first federal ...

Centuria adds to glasshouse portfolio

CHLOE WALKER  |  TUESDAY, 7 MAR 2023
... addition to the 20-hectare glasshouse, located in 40km north of Armidale, the asset includes a one-acre nursery, 65 megalitre dam, packing and distribution sheds and cool rooms. "In recent years, the pandemic and other climatic and geopolitical events ...

Blue Orbit operations chief resigns

ELIZABETH FRY  |  FRIDAY, 3 MAR 2023
Blue Orbit Asset Management has lost its operating chief with the departure of Lewis Bearman who will now take a break from executive roles. Bearman joined Blue Orbit almost three years ago jumping from Prodigy Investment Partners, where he carried ...

SMSF sector hit the reset button: Research

CHLOE WALKER  |  TUESDAY, 28 FEB 2023
The introduction of the Transfer Balance Cap (TBC) in 2017 saw contributions into SMSFs plummet by 60%. While it didn't take them long to bounce back, how they're used has changed. According to insights from Rainmaker Information, the self-managed super ...

ASIC bans mortgage broker for eight years

KARREN VERGARA  |  MONDAY, 27 FEB 2023
An unlicensed mortgage broker who misled superannuation fund members about property investing has been banned from working in financial services for eight years. Christine Betty Childs, who was the director of Think Money and Think Money Wealth Through ...

Australian Retirement Trust, AvSuper sign merger MoU

JAMIE WILLIAMSON  |  WEDNESDAY, 15 FEB 2023
The two funds are considering merging, after AvSuper's plans with Commonwealth Superannuation Corporation (CSC) fell through. Australian Retirement Trust (ART) and AvSuper have signed a Memorandum of Understanding (MoU) to explore a merger, commencing ...

I know it's hard, but it could be harder: Lowe

CASSANDRA BALDINI  |  WEDNESDAY, 15 FEB 2023
Appearing at a Senate hearing today, Reserve Bank of Australia (RBA) governor Philip Lowe said people have forgotten how corrosive inflation is. The governor explained the RBA has one priority and that is to bring inflation down. "Inflation at the moment ...

Super, advice class actions dampen CBA results

KARREN VERGARA  |  WEDNESDAY, 15 FEB 2023
Despite reporting bumper profits this morning, Commonwealth Bank continues to put out fires from its misconduct stemming from the Hayne Royal Commission, as it looks to tackle several class actions in 2023. One ongoing lawsuit alleges that Colonial ...

New chief for Queensland Treasury Corp

ELIZABETH FRY  |  MONDAY, 13 FEB 2023
Leon Allen has been named chief executive of Queensland Treasury Corporation. Announcing the appointment, Treasurer Cameron Dick said Allen's experience in Queensland and internationally made him the ideal candidate to lead the financing arm for ...