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Showing 101 - 110 of 2461 results for "Progress"

Rate hikes expected in 2026

ELIZA BAVIN | MONDAY, 5 JAN 2026

... 25 basis point cash rate rise in February. "Australia has ended 2025 in a cyclical upswing. While growth has improved, progress on inflation has stalled," Clarke said. "We expect GDP growth to pick up a little further over the next six months, from 2.1%/yr ...

CPP Investments, Goodman Group partner in $14bn data centre deal

RIDDHIMA TALWANI | TUESDAY, 23 DEC 2025

Canada Pension Plan Investment Board (CPP Investments) and Goodman Group have entered a partnership to establish $14 billion worth of data centres across Europe. The 50/50 partnership will see an initial total capital commitment of $3.9 billion to develop ...

AFCA streamlines approach to over 1800 Shield, First Guardian complaints

MATTHEW WAI | MONDAY, 22 DEC 2025

... Diversified Fund. All entities are currently in liquidation. AFCA said the focused approach enables the authority to progress relevant complaints more efficiently. "For firms that are solvent, AFCA is encouraging them to settle outstanding complaints ...

Most read in 2025: Financial advice

STAFF WRITER | FRIDAY, 19 DEC 2025

There was no shortage of news impacting the financial advice community this year, with advisers bearing the brunt of negative sentiment in the wake of First Guardian and Shield collapses. But there were some bright spots throughout the year, including ...

Netwealth to spend $101m compensating First Guardian victims

JAMIE WILLIAMSON | THURSDAY, 18 DEC 2025

After admitting it didn't sufficiently assess the First Guardian Master Fund before making it available to super members, Netwealth is being sued by ASIC and will repay $101 million to victims. More than 1000 investors had their money in the First ...

Stonepeak acquires gas distribution network in Queensland

RIDDHIMA TALWANI | THURSDAY, 18 DEC 2025

Global infrastructure manager Stonepeak will acquire Allgas, a gas distribution network in Queensland. The US$80 billion asset manager has bought the network from APA Group, Marubeni Corporation, and other shareholders for an undisclosed amount. Allgas ...

Perpetual extends exclusive talks for wealth management sale

MATTHEW WAI | THURSDAY, 18 DEC 2025

... business in February 2025. On November 5, Perpetual confirmed the exclusive agreement with Bain Capital Private Equity to progress the sale. The wealth management business had funds under advice (FUA) of $21.5 billion at the end of June. It operates ...

Super tax receipts to increase by $10.9bn

ELIZA BAVIN | THURSDAY, 18 DEC 2025

... MYEFO delivered a stronger budget, with lower deficits and less debt over the forward estimates. "This builds on the progress made in the last term, where the government delivered the largest nominal budget improvement in a single parliamentary term ...

ASX to undergo 'circuit breaker' reforms

ELIZA BAVIN | MONDAY, 15 DEC 2025

... insights of the report were shared with ASIC, and ASIC engaged with ASX," ASIC said. The report found that, while some progress has been made, "more of the same is not an option". ASIC said the scale of transformation required is significant and cannot ...

Three megatrends to watch in 2026

ELIZA BAVIN | MONDAY, 15 DEC 2025

Experts have identified the megatrends that are likely to play out in financial markets in 2026. Speaking to Financial Standard, policy changes coming out of the US, sticky inflation and how the artificial intelligence (AI) boom progresses will be the ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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