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

Search Results

Showing 111 - 120 of 2109 results for "This Week"

GDP grows but still slow: 'Confirms our worst fears'

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
Australian gross domestic product (GDP) rose 0.3% in the September quarter 2024 and by 0.8% since September 2023, according to figures released by the Australian Bureau of Statistics (ABS). "The Australian economy grew for the 12th quarter in a row ...

'New class of advisers' need clear-cut distinction: FAAA

KARREN VERGARA  |  THURSDAY, 28 NOV 2024
... insurers. It includes the proposed rationalisation of the best interests duty and removal of the safe harbour steps. This week is the final sitting week for parliament. Abood said: "We're expecting to see the draft legislation [for Tranche 2] imminently. ...

AustralianSuper to pay $4.2m for delayed claims handling

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
... impacted by delays to death and TPD claims processing, some waiting more than 12 months. Speaking at the ASFA conference this week, ASIC warned all super trustees to ensure they are processing death benefit claims efficiently, saying it has seen "consistently ...

Chalmers teases superannuation update

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
... Jim Chalmers hinted there will be an announcement around changes to superannuation and the retirement phase sometime this week. Chalmers outlined the notable events on the government's agenda for the coming fortnight, including tackling inflation, tax ...

Second bidder enters SelfWealth takeover talks

KARREN VERGARA  |  FRIDAY, 15 NOV 2024
... continue to keep shareholders informed about the proposals in accordance with its continuous disclosure obligations." This week, the board agreed that BFG's proposal was "compelling" and recommended shareholders to vote in favour of it in the absence ...

Cbus board still considering CFMEU directors

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2024
... to be a value driver for the fund. Finally, while the insurance issues that led to ASIC filing its case against Cbus this week couldn't be discussed in great detail, Bragg did ask Fok who would ultimately foot the bill if Cbus is handed a fine at ...

GROW Inc. chief executive steps down

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2024
... of GROW Inc., is stepping down as chief executive of the budding administrator. Keeley informed staff of his decision this week, appointing executive chair Rob Johnston as acting chief executive. Brad Cooper has been named chair of the GROW Inc. board. ...

Cbus implements senior redundancies

ANDREW MCKEAN  |  THURSDAY, 31 OCT 2024
... a net increase of full-time roles to service the needs of its growing membership - currently around 900,000. Earlier this week, Morningstar highlighted turnover across Cbus' senior ranks remains an issue in an investment report, specifically noting ...

ACTU slams plans to Americanise the superannuation system

ANDREW MCKEAN  |  FRIDAY, 18 OCT 2024
... chance, are planning to force workers to raid their retirement savings just to get into the housing market, and just this week floated that women should have to raid their super to deal with the costs of domestic violence or divorce. "This is a clear ...

Coller Capital opens PE secondaries fund to Aussie investors

MATTHEW WAI  |  FRIDAY, 11 OCT 2024
... fund in Australia. The launch also follows an evergreen offering in private infrastructure from Hamilton Lane earlier this week. Coller Capital's partner and head of private wealth secondaries solutions Jake Elmhirst said the fund can help further establish ...