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Showing 1331 - 1340 of 19974 results for "Bill"

Housing construction lags broader economy by 49%: PC

KARREN VERGARA  |  MONDAY, 17 FEB 2025
The housing construction sector is lagging Australia's productivity levels by 49% and is helping fuel the affordable housing crisis, a new report from the Productivity Commission reveals. The Housing construction productivity: Can we fix it? report ...

Fiducian FUMAA swell to $14.4bn

KARREN VERGARA  |  MONDAY, 17 FEB 2025
Fiducian Group reported an 11% increase in funds under management, administration, and advice (FUMAA) to $14.4 billion thanks to improved inflows and the steady rise of the financial markets. The funds management business saw assets grow by 16% in the ...

Perpetual receives fresh KKR bid

ELIZA BAVIN  |  MONDAY, 17 FEB 2025
... additional taxes and also suggested that extra taxes may be possible. If additional taxes are applied, Perpetual's total tax bill could rise to an estimated $488 million, not including penalties and interest. Perpetual said it was extremely disappointed ...

GQG records US$1.7bn net flows in January

MATTHEW WAI  |  MONDAY, 17 FEB 2025
GQG Partners has recorded US$1.7 billion net flows in January, bringing its total funds under management to US$160.4 billion. The firm recorded US$20.2 billion net flows throughout last year, nearly doubling its net flows of US$10.2 billion in 2023. ...

AMP profit dives as advice business sale bites

ANDREW MCKEAN  |  FRIDAY, 14 FEB 2025
AMP's statutory net profit after tax (NPAT) slumped to $150 million in the 2024 financial year, nearly half the previous year's result, which the firm attributed to simplification spend and the sale of its advice business. The prior year's ...

Australian Retirement Trust, Qantas Super set merger date

ELIZA BAVIN  |  FRIDAY, 14 FEB 2025
Australian Retirement Trust (ART) has signed a Successor Fund Transfer Deed (SFT) with Qantas Super to progress its merger, scheduled to complete on 29 March 2025. ART chief executive David Anderson said the merger completion will deliver benefits to ...

Brookfield subsidiary launches credit fund locally

KARREN VERGARA  |  FRIDAY, 14 FEB 2025
A Brookfield Asset Management subsidiary has launched the Oaktree Strategic Credit Fund (AUD) to Australian wholesale investors and appointed responsible entity (RE) duties to Channel Investment Management. Brookfield Oaktree Wealth Solutions' fund ...

EQT brings new strategy to Australia

MATTHEW WAI  |  FRIDAY, 14 FEB 2025
Local individual and institutional investors now have access to a new semi-liquid strategy from EQT - EQT Nexus Infrastructure. The evergreen strategy provides access to a diversified set of strategies across EQT's €75 billion global infrastructure ...

Institutional sales exec exits Ares Management

ELIZABETH FRY  |  THURSDAY, 13 FEB 2025
James Fleiter, a member of the institutional sales team at Ares Management Australia, has departed the company Fleiter was a relationship manager in the global client solutions group, where he focused on institutional client management for Australia ...

High-profile stockpicker hires from WTW

ELIZABETH FRY  |  THURSDAY, 13 FEB 2025
A WTW operative has landed at high-profile stockpicker Geoff Wilson's Sydney-based fund manager which invests more than $6 billion on behalf of retail and wholesale investors. Nick Kelly has joined Wilson Asset Management as the portfolio manager ...