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Showing 1231 - 1240 of 14005 results for "Current"

Generation Development Group profit jumps

ANDREW MCKEAN  |  THURSDAY, 29 AUG 2024
... of $33 million, an increase of 104% for the year, and $17 million in sales for the period. "GDG is confident that the current sales momentum will continue as we capitalise on the legislative tailwinds from the proposed double tax rate on earnings of ...

Perpetual chair to leave as $472m loss recorded

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2024
... of KKR's acquisition, including in relation to uncertainty around its benefit to shareholders. He is to be succeeded by current deputy chair Gregory Cooper. Further, non-executive directors Ian Hammond and Nancy Fox will retire from the Perpetual board ...

NGS Super names new chair

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2024
... education professionals, has revised its constitution to allow for the inclusion of independent directors on its board. With current chair Geoff Newcombe intending to retire at the end of the year, NGS Super has appointed John Battams as independent ...

South Africa readies 'two pot' pension system

MATTHEW WAI  |  WEDNESDAY, 28 AUG 2024
On September 1, South Africa's new pensions system will be introduced, allowing individuals to access some of their retirement savings in times of need. Earlier this year, the government of South Africa passed the Revenue Laws Amendment Bill of ...

Australians robbed of super savings

ANDREW MCKEAN  |  WEDNESDAY, 28 AUG 2024
Australians are being cheated out of $5.1 billion annually in superannuation, according to an analysis from the Super Members Council. SMC modelling showed that nearly three million people were denied $5.1 billion in superannuation entitlements in just ...

Cairns resurfaces at Associate Global Partners

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2024
Former Magellan Financial Group chief executive Brett Cairns has popped up on multi-boutique Associate Global Partners' (AGP) board. Cairns, who led Magellan from 2018 and 2021 when he departed for personal reasons, is officially a non-executive ...

WAM Active returns 30%, beats indices

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2024
... concern as there were few new listings in FY24. "While we acknowledge that IPO activity is cyclical, we highlight the current disparity between public and private valuations and anticipate the continued prominence of takeover activity moving forward," ...

APRA reorganises as it sets sights on superannuation

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
... see APRA move to having its five industry supervision groups being managed in two supervision divisions instead of the current three frontline supervision divisions - banking, superannuation, and insurance (encompassing general, life and private health ...

Economists hit back at RBA guidance

ELIZA BAVIN  |  TUESDAY, 27 AUG 2024
... pricing, stating it was "premature to be thinking about rate cuts" and a near-term cut "doesn't align with the board's current thinking". The RBA has introduced forward guidance since the August board meeting, and Commonwealth Bank of Australia (CBA) ...

Short-termism damaging Australian economy: CEDA

ELIZA BAVIN  |  TUESDAY, 27 AUG 2024
Australia must move beyond pervasive short-termism and lift its policy ambitions if the nation is to reach its economic potential, according to the Committee for Economic Development of Australia (CEDA). "Our record of almost three decades of economic ...