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Showing 121 - 130 of 3869 results for "August"

RBA delivers 'hawkish hold'

ELIZA BAVIN  |  WEDNESDAY, 1 OCT 2025
... while partial and volatile, suggest that inflation in the September quarter may be higher than expected at the time of the August Statement on Monetary Policy," the RBA said. Betashares chief economist David Bassanese said the decision could be considered ...

UBS shutters international shares fund

MATTHEW WAI  |  MONDAY, 29 SEP 2025
... hedged to the Australian dollar. According to Rainmaker Information, the fund had a net asset value of $12.5 million as of August 31 and returned 11.22% in the 12 months to July 31, underperforming against the MSCI World Ex Australia NR AUD index (17.49%). ...

Rest pays $40k over misleading statements

JAMIE WILLIAMSON  |  MONDAY, 29 SEP 2025
... it had the right to activate cover and deduct premiums from their super account when it did not. This occurred between August 2024 and January 2025, ASIC said, fining Rest a total of $37,560. Some 934 members received emails headed 'Changes to your ...

CSLR publishes paid claims details

JAMIE WILLIAMSON  |  FRIDAY, 26 SEP 2025
... $20 million, there is a special levy of around $47 million needed. The data published by the CSLR was accurate as of 31 August 2025.

Inflation rises 3% in August

ELIZA BAVIN  |  WEDNESDAY, 24 SEP 2025
The monthly Consumer Price Index (CPI) indicator rose 3% in the 12 months to August, according to the Australian Bureau of Statistics (ABS). "The 3% annual CPI inflation to August was up from 2.8% to July, making this the highest annual inflation rate ...

Former Income Asset Management staffer embezzles $1.5m

KARREN VERGARA  |  TUESDAY, 23 SEP 2025
... review certain internal bank account ledgers. This examined nearly 22,000 transactions conducted between June 2021 and August 2025. IAM said these have all been "investigated, cleared and resolved." However, some 200 transactions are yet to be finalised ...

Platinum pushes for L1 Capital merger ahead of EGM

RIDDHIMA TALWANI  |  FRIDAY, 19 SEP 2025
... has come to its attention that will require an update on the valuation assessment. It appointed the independent expert in August, and the report concluded the merger is fair and reasonable in the absence of a superior proposal. In the latest announcement ...

ASIC issues interim stop orders to La Trobe Financial

JAMIE WILLIAMSON  |  FRIDAY, 19 SEP 2025
... an above average amount of risk and volatility or loss of principal," ASIC said. The fund was launched in early 2024. At August end it had about $260 million in assets, with additional funds held in Class B units. In a note to investors, La Trobe chief ...

FEATURE: Problem detected

MATTHEW WAI  |  THURSDAY, 18 SEP 2025
... year, APRA brought forward the deadline for super funds to comply with the new security measures by 12 months, now due on August 31. AustralianSuper has since implemented the mandatory MFA feature on its systems. CareSuper has also rolled out wider use ...

Brighter Super investments chief to step down

KARREN VERGARA  |  WEDNESDAY, 17 SEP 2025
... business. Rider replaced Troy Rieck. Rider hailed from Christian Super where he led the investment function starting in August 2020. Prior to that he was chief investment officer at ANZ Wealth. He has also held key roles at UBS and the Reserve Bank of ...