Daily economic round-upBY PETER BELL | TUESDAY, 10 APR 2007 10:09AMFederal Treasurer Peter Costello has raised the issue of the tax treatment of Private Equity firms operating in Australia noting a concern that the increasing level of corporate activity in the private equity space could mean the associated higher levels of debt would be offset against tax commitments and thereby reduce government revenues. |
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Future Group marks new successor fund transfer
|Future Group announced its Smart Future Trust will take on the GuildSuper and Child Care Super brands as the group continues to expand with another successor fund transfer.
HUB24 expands C-suite with innovation role
|HUB24 has strengthened its executive leadership team with the creation of a new chief operating and innovation officer role, bringing technology, innovation and strategy implementation under a broader remit.
Former director jailed for misuse of $1.75m
|Former Equitable Financial Solutions director Usman Siddiqui has been sentenced to six years and six months' imprisonment for dishonestly using his position as a director and misappropriating company funds.
PE giants partner with Nvidia for $709bn AI platform
|Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR have signed memorandum of understanding (MoU) with Nvidia to mobilise half a trillion US dollars ($709bn) of third-party capital to further accelerate the buildout of AI infrastructure.
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Featured Profile
Andrew Gregory
CHIEF ADVICE OFFICER
UNISUPER
UNISUPER
After 25 years, Andrew Gregory remains motivated by the impact financial advice can have on Australians' lives. As UniSuper's chief advice officer, he is not slowing down on any of his current ambitions. Matthew Wai writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
