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

Search Results

Showing 1171 - 1180 of 18741 results for "Act"

New ACCC chief named

ELIZA BAVIN  |  TUESDAY, 6 MAY 2025
The Australian Competition and Consumer Commission (ACCC) has appointed Sarah Proudfoot as chief executive. Despite also conducting an external search, Proudfoot started with the ACCC in 2005 when she joined the agency's Infocentre. She has since held ...

First Sentier Investors names chief financial officer

ELIZA BAVIN  |  TUESDAY, 6 MAY 2025
First Sentier Investors has announced the appointment of Ashley Conn as chief financial and strategy officer, effective late May. Conn will be based in Sydney and brings 25 years' experience of finance and investment banking to the role. Conn joins ...

NZ Super recognised for two decades of outperformance

JAMIE WILLIAMSON  |  TUESDAY, 6 MAY 2025
The New Zealand Superannuation Fund is the world's best-performing sovereign wealth fund over the past 20 years. That's according to GlobalSWF's annual rankings, which found NZ Super Fund's returns over the 20 years to June 2024 significantly outperformed ...

ASIC cancels licence of Brite Advisors

ANDREW MCKEAN  |  MONDAY, 5 MAY 2025
ASIC has cancelled the Australian financial services licence of Brite Advisors after the now-defunct investment and pension firm failed to compensate a client, triggering a payout under the Compensation Scheme of Last Resort (CSLR). The regulator cancelled ...

Warren Buffett to retire, recommends successor

KARREN VERGARA  |  MONDAY, 5 MAY 2025
Berkshire Hathaway chief executive and chair Warren Buffett announced his intention to retire by the end of the year and put forth who he believes will best lead the company. At the annual Berkshire Hathaway shareholder meeting, Buffett made the surprise ...

Platinum merger no cure for active managers' challenges

ANDREW MCKEAN  |  MONDAY, 5 MAY 2025
A merger between Platinum Asset Management and L1 Capital may deliver scale, but it won't resolve the deeper structural issues dogging traditional active managers, including fee pressure and market share loss to passive investment vehicles like ETFs ...

Labor wins: What super, advice industries want

ELIZA BAVIN  |  MONDAY, 5 MAY 2025
Industry groups representing financial advice and superannuation have congratulated Anthony Albanese and the Labor government for the overwhelming federal election win over the weekend. Super Members Council (SMC) said it is looking forward to working ...

No US recession priced in yet: UniSuper

ELIZA BAVIN  |  FRIDAY, 2 MAY 2025
UniSuper head of fixed interest David Colosimo said while US President Donald Trump's tariffs have caused a great deal of uncertainty, a recession in the US may not be on the cards - yet. "I think in the immediate aftermath of the tariff announcement ...

Coalition's super on PPL plan 'deeply worrying'

ELIZA BAVIN  |  FRIDAY, 2 MAY 2025
The Coalition has confirmed that it plans to make paying superannuation on Commonwealth Paid Parental Leav e (PPL) optional for working mothers, as a $158 million budget saving measure. The Coalition's election costings revealed several cost-saving ...

ASIC bans unlicensed WA adviser

ELIZA BAVIN  |  FRIDAY, 2 MAY 2025
The Australia Securities and Investments Commission (ASIC) has made an order to permanently ban former Western Australia based financial adviser Neville Kendrick. Kendrick has been banned from providing any financial services, performing any function ...