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Showing 91 - 100 of 3939 results for "Press"

ASFA, Super Consumers Australia revise retirement standards

CHLOE WALKER  |  MONDAY, 28 AUG 2023
Australian retirees continue to face cost pressures as historically high consumer price inflation drives up the price of everyday items, driving both the Association of Superannuation Funds Australia (ASFA) and Super Consumers Australia (SCA) to increase ...

Treasury names new ASIC commissioners

KARREN VERGARA  |  FRIDAY, 25 AUG 2023
... federal treasurer has named three new commissioners who will spearhead ASIC for the next five years, as incumbents Danielle Press, Sean Hughes and Karen Chester wrap up their terms. CHOICE chief executive Alan Kirkland, Commonwealth Bank chief risk officer ...

Iress sells MFA business, reports $140m loss

CASSANDRA BALDINI  |  MONDAY, 21 AUG 2023
Iress is selling its managed funds administration business and will not pay an interim dividend, opting instead to reduce debt as it progresses its transformation project. Reporting its half-year results today, Iress announced it will offload the MFA ...

Foresters Financial launches tax-effective education bond

ANDREW MCKEAN  |  MONDAY, 21 AUG 2023
Foresters Financial has rolled out a new education bond, offering a tax-effective avenue for families to save for their children's education. The education bond operates under a "scholarship plan" framework, allowing bond administrators to benefit from ...

Dexus reports $752.7m loss

CASSANDRA BALDINI  |  WEDNESDAY, 16 AUG 2023
Reporting its annual results to the ASX, Dexus has taken a $752.7 million hit, primarily driven by unrealised valuation losses on its investment properties. In its FY23 results, Dexus disclosed that adjusted funds from operations stood at $555 million. ...

Equity Trustees to exit UK, Ireland

ANDREW MCKEAN  |  TUESDAY, 15 AUG 2023
EQT Holdings, the holding company for Equity Trustees, confirmed it will exit its businesses in the UK and Ireland. Equity Trustees managing director Mick O'Brien said: "We are advanced in assessing options to determine the best exit from our investment ...

Equity Trustees combines super, trustee arms

JAMIE WILLIAMSON  |  FRIDAY, 11 AUG 2023
Equity Trustees is merging its superannuation and corporate trustee services divisions, creating a $150 billion business. The group said the two divisions share many similarities, meaning "it makes good commercial sense to bring them together." All ...

Super tough sell for First Nations people: Podcast

CASSANDRA BALDINI  |  FRIDAY, 11 AUG 2023
In the latest episode of the Financial Standard podcast, First Nations Foundation chief executive Phil Usher says superannuation is inadequate for meeting the needs of all Indigenous Australians, adding that change is needed to ensure better future ...

Online investor numbers dip as cost-of-living bites

CHLOE WALKER  |  FRIDAY, 4 AUG 2023
The latest Investment Trends' Australian Online Investing Report has cited cost of living pressures as cause for the decline in online investing this year. Based on a survey of 22,324 investors and traders conducted from April to May, found about 1.28 ...

ACCC slams door on ANZ, Suncorp deal

CASSANDRA BALDINI  |  FRIDAY, 4 AUG 2023
The Australian Consumer and Competition Commission (ACCC) has declined ANZ's $4.9 billion bid to acquire Suncorp Group's banking arm, citing concerns around competition and potential consumer detriment. The regulatory body said it remains unsatisfied ...