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Showing 1111 - 1120 of 18741 results for "ACT"

Stake 'breaks barriers' with inaugural fixed income product

MATTHEW WAI  |  MONDAY, 26 MAY 2025
The investment platform has launched an actively managed fund, targeting a return of 2% above the Reserve Bank of Australia's (RBA) cash rate. Launched today, Stake Accumulate is primarily invested in liquid, fixed income securities, but may also invest ...

Why emotions, cash derail good investments

KARREN VERGARA  |  FRIDAY, 23 MAY 2025
While we know that during turbulent times it is critical not to let emotions get in the way of investing, an investment expert and former policymaker says it is equally important to remain active and not lean in on cash. Amid the volatility and frenetic ...

Super tax debate suffocates action for low-income Australians

ANDREW MCKEAN  |  FRIDAY, 23 MAY 2025
As politicians, industry groups, and financial experts spar over the $3 million super tax, which will only affect a fraction of Australians, another critical problem is being ignored. The "vast majority" of people under 30 will never have more than ...

Family offices to splash cash in APAC

JAMIE WILLIAMSON  |  FRIDAY, 23 MAY 2025
Most family offices intend to boost their allocations to Asia Pacific, excluding Greater China, over the next five years. That's according to the latest Global Family Office Study from UBS, which found 55% of APAC family offices are planning to invest ...

ASIC accuses Kalkine of providing unlicensed advice

ELIZA BAVIN  |  FRIDAY, 23 MAY 2025
ASIC has told Kalkine it must appoint an independent compliance consultant to address concerns its customer service representatives have been giving unlicensed advice. Kalkine is an equity research house which produces stock analysis and buy, hold and ...

Former director sentenced over 'test' trading accounts

MATTHEW WAI  |  THURSDAY, 22 MAY 2025
... 2024 to three offences of dishonestly obtaining a financial advantage by deception in contrary to s192E(1)(b) of the Crimes Act 1900 (NSW), with a further four offences taken into account for sentencing. Commenting, ASIC deputy chair Sarah Court said ...

Australian Unity offloads property fund

ELIZA BAVIN  |  THURSDAY, 22 MAY 2025
Australian Unity has agreed to sell Australian Unity Investments Limited (AUIL), the responsible entity of the Australian Unity Property Income Fund (PIF), to Newmark Capital (Newmark). The transaction includes the transfer of management rights for ...

CSC, Future Fund, RBA pay data released

ELIZA BAVIN  |  WEDNESDAY, 21 MAY 2025
The Workplace Gender Equality Agency (WGEA) published the gender pay gaps for 120 public sector employers and two corporate groups for the first time following legislative changes in 2023. The data includes details of the gender pay gaps for well-known ...

ASIC sues home loan manager over 'unlawful' hardship application handling

MATTHEW WAI  |  WEDNESDAY, 21 MAY 2025
... provided, Resimac "summarily rejected their hardship applications." The conduct contravened the obligation of a credit licensee to act "efficiently, honestly and fairly", ASIC said. ASIC deputy chair Sarah Court said the approach is "particularly unfair ...

Equip Super, TelstraSuper terminate merger plans

JAMIE WILLIAMSON  |  WEDNESDAY, 21 MAY 2025
Equip Super and TelstraSuper will no longer merge, with the latter saying it was unlikely to achieve its objectives. TelstraSuper has decided to terminate the Heads of Agreement the two funds signed late last year, concluding it was not going to be ...