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Showing 91 - 100 of 2051 results for "CRA"

Superhero plans 'mass affluent' wealth play

JAMIE WILLIAMSON  |  MONDAY, 2 JUN 2025
Superhero has welcomed its first chief investment officer, as it targets Australians seeking sophisticated solutions without the need for advice. Superhero said it is looking to "evolve beyond traditional sharetrading to offer sophisticated portfolio ...

QSuper settles $67m class action

ANDREW MCKEAN  |  WEDNESDAY, 28 MAY 2025
QSuper, which merged with Sunsuper to create Australian Retirement Trust (ART), Australia's second-largest super fund, has reached a $67 million out-of-court settlement over claims members were overcharged for life insurance premiums. The settlement ...

Macquarie raked over the coals again by ASIC

ANDREW MCKEAN  |  WEDNESDAY, 14 MAY 2025
Macquarie Securities, the broking arm of Macquarie Group, has been sued by ASIC for allegedly engaging in repeated and systemic misleading conduct in its short sale reporting to the market operator, supposedly misreporting millions of trades over 14 ...

Future Fund muscles past annual target return, lags in March quarter

ANDREW MCKEAN  |  TUESDAY, 6 MAY 2025
The Future Fund delivered a 7.9% return for the year to March 31, topping its annual target; though its quarterly performance undershot the benchmark. The sovereign wealth fund returned 1.2% for the March quarter, below the 1.9% target. However, over ...

What Labor's second term means for regulators

KARREN VERGARA  |  TUESDAY, 6 MAY 2025
Labor winning a second term means numerous reforms that fell through the cracks in the lead up to the federal election will potentially see the finish line more seamlessly compared to another party taking power, according to ASIC. Meanwhile, APRA said ...

Global economic uncertainty the main priority: Chalmers

ELIZA BAVIN  |  MONDAY, 5 MAY 2025
Freshly re-elected Federal Treasurer Jim Chalmers said the "immediate focus" of the government is tackling global economic uncertainty because of US President Donald Trump's tariffs. Speaking with the ABC after the election win, Chalmers said he is ...

Future Fund veteran takes on new gig

ELIZABETH FRY  |  THURSDAY, 24 APR 2025
Future Fund emerging markets lead has taken up a new role at Australia's sovereign wealth fund. Industry heavyweight Craig Thorburn - who has been with the fund for almost two decades - has been appointed director of thought leadership. While leading ...

Government to 'crack down further' on financial abuse

ANDREW MCKEAN  |  WEDNESDAY, 23 APR 2025
The government will introduce new measures to target perpetrators of financial abuse, as part of its gender equality plan Building Australia's Future: Labor's Commitment to Women, launched yesterday by Labor senator Katy Gallagher and minister for social ...

Productivity problem a long-term trend: PC

ELIZA BAVIN  |  THURSDAY, 27 MAR 2025
Australia's productivity continued to stagnate in the December quarter, suggesting that the productivity problem may be part of a long-term trend. The Productivity Commission's (PC) latest quarterly productivity bulletin found labour productivity ...

Chalmers boosts Help to Buy scheme, construction sector

KARREN VERGARA  |  TUESDAY, 25 MAR 2025
... Blueprint to build homes faster," he said. For renters, Chalmers will increase maximum rates of Commonwealth Rent Assistance (CRA) by 45%, saying this will be the first back-to-back increase in 30 years. "Combined with indexation, the maximum rates of ...