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Showing 1081 - 1090 of 13330 results for "PROP"

Court freezes assets of company director

ANDREW MCKEAN  |  FRIDAY, 20 SEP 2024
The Federal Court has made orders to freeze the assets of company director David McWilliams and numerous companies associated with him that offered investment opportunities in purpose-built, NDIS-compatible property development schemes. McWilliams and ...

Fed cut will not move the dial for RBA

ELIZA BAVIN  |  FRIDAY, 20 SEP 2024
The US Federal Reserve delivered its first interest rate cut in four years, reducing the official cash rate by 50 basis points, but experts say the Reserve Bank of Australia (RBA) is still not in a position to do the same. Yesterday's official unemployment ...

Super for housing to exacerbate affordability crisis: Eslake

ANDREW MCKEAN  |  THURSDAY, 19 SEP 2024
Superannuation being used for house deposits would push up home prices, undermining Australians' home ownership prospects, slash retirement savings, and come at a significant cost to the Budget, according to a Corinna Economic Advisory report by ...

Advisers reveal hurdles preventing SMA adoption

ELIZA BAVIN  |  THURSDAY, 19 SEP 2024
State Street Global Advisors (SSGA) head of model portfolios EMEA and APAC Kathleen Gallagher revealed the main concerns financial advisers have with employing managed accounts in their business, at the 2024 Financial Standard Managed Accounts Forum. ...

Government consults on laxing legacy super product rules

ANDREW MCKEAN  |  WEDNESDAY, 18 SEP 2024
The government is consulting on new regulations to relax restrictions on legacy superannuation products which would allow individuals to exit unsuitable products and remove barriers to closing legacy funds. The purpose of the draft Treasury Laws Amendment ...

Payday Super penalties ramped up ahead of legislation

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2024
Employers who fail to pay superannuation contributions within seven days of paying wages will face harsh penalties under the government's new Payday Super laws. Releasing its proposed framework today, the government outlined further details it plans ...

Hanson backs Dixon Advisory inquiry

KARREN VERGARA  |  WEDNESDAY, 18 SEP 2024
A public inquiry into the collapse of Dixon Advisory will soon launch after the Financial Advice Association Australia (FAAA) gained support from Senator Pauline Hanson in the senate yesterday. After pounding the pavement for months, the FAAA has successfully ...

Growth of SMSFs, Div 296 opportunity for advisers

MATTHEW WAI  |  WEDNESDAY, 18 SEP 2024
A new report published by the SMSF software provider has revealed growing opportunity for financial advisers and demonstrates the potentially detrimental effect of the proposed Division 296 tax. The 2024 Annual Benchmark Report dives into potential ...

Remara launches real estate strategy

KARREN VERGARA  |  WEDNESDAY, 18 SEP 2024
Remara Investment Management has launched a real estate fund that invests in the development of small and large-scale projects. The Remara Opportunistic Development Fund is an open-ended managed fund that seeks opportunities in the residential, industrial ...

Aussie female fund manager representation lags: Research

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
Only 8% of Australia's funds management industry is run by women, lagging the global average of 12.5%, the latest Alpha Female Report finds. Citywire's annual analysis, which tracks the progress of gender parity in asset management, calculated 903 Australian ...