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Showing 121 - 130 of 1942 results for "Proposal"

Super for housing would benefit 4% of homebuyers: ASFA

MATTHEW WAI  |  TUESDAY, 8 APR 2025
... withdrawals. "The current research further proved that the impact would be highly disproportionate, with the benefits of the proposal to overwhelmingly flow to higher-income earners." The findings follow the recent opposition leader Peter Dutton's stern ...

Platinum funds merger to go ahead

ELIZA BAVIN  |  MONDAY, 7 APR 2025
Platinum Asia Investments (PAI) has rejected a non-binding indicative proposal from the PM Capital Global Opportunities Fund and will move forward with plans to merge with the Platinum Asia Fund Complex ETF (PAXX). PAI's independent board reviewed both ...

FAAA expands policy team

ELIZABETH FRY  |  THURSDAY, 27 MAR 2025
... appointment comes as Canberra finalises legislation around Delivering Better Financial Outcomes. Speaking on the latest DBFO proposal, the FAAA said it was "disappointed". FAAA chief executive Sarah Abood said: "On a first read, we cannot support it ...

Government plans to develop 'fit for purpose' digital asset regime

ANDREW MCKEAN  |  MONDAY, 24 MAR 2025
Treasurer Jim Chalmers and special envoy for cyber security and digital resilience Andrew Charlton have announced plans to develop a digital asset regime, aimed at providing clarity and certainty to the sector. They said this initiative would help to ...

Underperforming managers in China could see pay halved

KARREN VERGARA  |  MONDAY, 17 MAR 2025
... interested in the Chinese equity market." Value Research chief executive Dhirendra Kumar commented that the CSRC's proposal to slash fund manager pay for underperformance "sounds bold, but it's a tricky beast for open-ended funds with daily NAVs". ...

Deficit to reach $26bn: Deloitte

KARREN VERGARA  |  MONDAY, 17 MAR 2025
The federal government's pre-election budget is expected to unveil an underlying cash deficit of $26.1 billion for the 2025 financial year, while revenues will deteriorate by $11.3 billion over four years, a new report from Deloitte shows. The deficit ...

Beware creep of cancel culture into super fund governance: Lawyer

ANDREW MCKEAN  |  FRIDAY, 7 MAR 2025
The prudential regulator is calling for the consideration of perceived conflicts of interest and reputational risks when appointing directors, and while it's easy to think of cases where this would be appropriate, Gilbert + Tobin partner Luke Barrett ...

Bain, CC Capital up Insignia bids

ELIZA BAVIN  |  FRIDAY, 7 MAR 2025
... time Brookfield - which previously made an offer - or any other bidder could again enter the race. Insignia said each proposal is subject to various conditions, including satisfactory completion of due diligence on Insignia Financial and its business ...

Super, insurance, and bank boards' 'poor practices' targeted by APRA

ANDREW MCKEAN  |  THURSDAY, 6 MAR 2025
The boards of superannuation trustees, insurers, and banks are on notice, with APRA proposing changes to "strengthen and streamline" governance requirements. The regulator has released eight proposals in what marks the first "significant update" of ...

PM Capital confirms proposal to acquire Platinum funds

ANDREW MCKEAN  |  FRIDAY, 28 FEB 2025
... "material premiums" to recent share prices and net tangible assets (NTA) or take a cash-out instead. For its Platinum Capital proposal, shareholders can swap their shares for PGF shares at a rate based on PGF's pre-tax NTA, plus a 1.5% premium to ...