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Showing 111 - 120 of 18836 results for "Act"

Greens, Labor agree on LRBA ban on SMSFs

MATTHEW WAI  |  WEDNESDAY, 24 JUN 2026
... borrowing arrangements (LRBAs) with residential properties and aims to pass the bill in the coming fortnight. It described the act as an exploitation of a "loophole" where investors use SMSFs to buy up tax-advantaged properties and proposed to remove ...

Diversa drags Praemium into First Guardian lawsuit

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
Praemium and its subsidiaries are now caught up in the ASIC-led First Guardian legal saga, having been thrown in the mix by Diversa Trustees. Praemium this morning announced, together with Powerwrap and One Vue Wealth Services (OVWS), it received notices ...

Bell Asset Management launches small-caps fund

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers. Incepted on June 17, the managed fund invests in small companies outside the ASX 100. The actively managed ...

ASIC charges developer over alleged $10m fraud

VINNY VUCAGO  |  TUESDAY, 23 JUN 2026
Property developer David McWilliams has been charged over an alleged $10.1 million fraud scheme involving investor funds raised for specialist disability accommodation projects, following an investigation by ASIC. McWilliams appeared before the Southport ...

NZ Super extends Movac relationship with $35m investment

MATTHEW WAI  |  TUESDAY, 23 JUN 2026
The NZ Super Fund is extending its decade-long partnership with Movac by injecting $35 million in its latest capital raise for Movac's Growth Fund 7 (MGF7). MGF7 has raised $185 million at first close, almost doubling its initial target of $100 million ...

FEATURE | Member engagement | On the ball

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
... independent financial advisers. Part of her job is centred on understanding member behaviour - when they're most likely to act and what prompts them to engage with their super. "We've designed member journeys that include communication and advice ...

Evergreen founder exits Ascalon Capital

KARREN VERGARA  |  MONDAY, 22 JUN 2026
Ascalon Capital has bid farewell to Evergreen Consultants' founder Angela Ashton, shortly after acquiring the consulting firm last year. Ashton confirmed she has left Ascalon and will soon work on a new venture. Ascalon acquired Evergreen Consultants ...

ASIC moves to preserve derivatives and securities relief framework

VINNY VUCAGO  |  MONDAY, 22 JUN 2026
... for foreign companies quoted on the ASX, and disclosure requirements relating to securities lending. Under the Legislation Act, legislative instruments automatically sunset after 10 years unless action is taken to preserve them. Among the proposals is ...

Start-ups, small businesses win CGT reform carveouts

KARREN VERGARA  |  FRIDAY, 19 JUN 2026
Treasury has unveiled a package of capital gains tax (CGT) discount carveouts targeting small businesses, and start-ups and their investors following backlash since the reforms were announced in the Budget on May 12. Testamentary trusts will also be ...

Aware Super sells majority stake in water portfolio

ELIZA BAVIN  |  FRIDAY, 19 JUN 2026
Aware Super has announced the sale of a majority portion of its Australian water portfolio with the strategic divestment of 83 gigalitres of water entitlements from the southern Murray-Darling Basin. The sale was completed through the Australian Commonwealth ...