Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1011 - 1020 of 21739 results for "Dec"

Centrepoint Alliance profits down $2.6m

MATTHEW WAI  |  WEDNESDAY, 27 AUG 2025
Centrepoint Alliance saw its net profit after tax (NPAT) reduced by over $2.6 million in FY25 on the back of increased expenses. Centrepoint Alliance reported $40.9 million in gross profit for FY25, a 13% or $4.8 million increase from the prior corresponding ...

QIC harvests rare earth elements to turbocharge net zero transition

MATTHEW WAI  |  WEDNESDAY, 27 AUG 2025
QIC has made an investment via its $150 million QIC Critical Minerals and Battery Technology Fund (QCMBTF) to support Ark Mines' Sandy Mitchell Rare Earths Project. The project, located 230km northwest of Cairns, contains significant resources of ...

Performance test review to allow funds to 'innovate'

ELIZA BAVIN  |  WEDNESDAY, 27 AUG 2025
The Association of Superannuation Funds of Australia (ASFA) chief executive Mary Delahunty has welcomed the Treasurer's review of the superannuation performance test, saying modernising the test will provide the certainty and flexibility funds need ...

Allianz Retire+ streamlines business, trims workforce

KARREN VERGARA  |  TUESDAY, 26 AUG 2025
Following the exit of its chief executive, Allianz Retire+ has made several positions redundant as it works to streamline the business. While the company declined to comment on how many roles were affected, it is understood it is less than 20% of the ...

Future Group calls on super funds to push for bold emissions target

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
Ahead of the federal government deciding on its 2035 emissions target, Future Group has called for a 75% reduction on 2005 levels, which it said could unlock $20 billion a year in capital investment. New scenario analysis from Deloitte Access Economics ...

Pacific Current FUM, earnings lower in FY25

KARREN VERGARA  |  TUESDAY, 26 AUG 2025
The exit of two boutiques has dented Pacific Current Group's (PAC) funds under management (FUM) by 29%, while another affiliate dragged the 2025 financial year with a $22.1 million impairment. Exits in Banner Oak Capital Partners and Carlisle Management ...

CBA appoints head of Australian economics

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
Commonwealth Bank (CBA) has announced Belinda Allen will take on the role of head of Australian economics after Gareth Aird left the bank in July. Allen will be responsible for developing the bank's Australian economic forecasts, views on the Reserve ...

Equity Trustees sued over Shield Master Fund failures

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
Equity Trustees will face court over its alleged due diligence failures concerning the Shield Master Fund. ASIC flagged that as a superannuation trustee, Equity Trustees oversaw the investment of around $160 million of retirement savings into Shield ...

Three portfolio managers exit Stewart Investors

KARREN VERGARA  |  MONDAY, 25 AUG 2025
The exit of three key portfolio managers at Stewart Investors has thrown ratings of several funds they managed into disarray. Sydney-based senior portfolio managers David Gait and Sashi Reddy, and Singapore-based senior portfolio manager Sujaya Desai ...

Binance under microscope over loose controls

MATTHEW WAI  |  MONDAY, 25 AUG 2025
The Australian Transaction Reports and Analysis Centre (AUSTRAC) directed Binance Australia to appoint an external auditor after "serious concerns" were identified from its independent review. The concerns are in relation to the crypto exchange's ...