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Showing 121 - 130 of 1064 results for "Secret"

ASIC takes further action on Prospero

KARREN VERGARA  |  MONDAY, 4 MAR 2024
ASIC is pushing for Prospero Markets to be wound up following revelations that it was linked to one of Australia's biggest-ever money-laundering operations. Former officers and responsible managers of over-the-counter (OTC) derivatives issuer Prospero ...

Warren Buffet honours Charlie Munger in Berkshire shareholder letter

ANDREW MCKEAN  |  MONDAY, 26 FEB 2024
... importantly, operate with materially less risk of permanent capital loss, he added. Meanwhile, on the conglomerate's "not-so-secret weapon" Buffet said Berkshire's ability to immediately respond to market seizures with both huge sums and certainty of ...

Super tax is a 'wealth tax': Taylor

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
Shadow treasurer Angus Taylor slammed the proposed doubling of superannuation tax to 30%, saying it is a blatant attack on Australians' wealth. Addressing day two of the SMSF Association National Conference at the Brisbane Convention and Exhibition ...

Commonwealth Bank slapped with $10.3m fine for wage theft

ANDREW MCKEAN  |  FRIDAY, 16 FEB 2024
Commonwealth Bank was fined $10.3 million by the Federal Court for its involvement in wage theft which led to $16 million in underpayments to over 7400 workers. The case emerged after the Finance Sector Union (FSU) uncovered the bank's systematic ...

Legalsuper investment strategy lead departs

ELIZABETH FRY  |  FRIDAY, 19 JAN 2024
The head of investment strategy at legalsuper has jumped ship for a chief investment officer role. Linda Trusler, who worked for the $5 billion superannuation fund dedicated to the legal community for almost five years, has joined Rajomon Asset Management ...

Vale John Quessy

ANDREW MCKEAN  |  TUESDAY, 12 DEC 2023
Former NGS Super trustee director and Independent Education Union (IEU) secretary John Quessy has passed away. Quessy served as a director and alternative director for nearly 20 years at the industry fund, until he retired this year. "Our heartfelt ...

UK to overhaul advice affordability, access

KARREN VERGARA  |  TUESDAY, 12 DEC 2023
The UK government is proposing major changes to make financial advice more accessible and affordable to everyday people as only 8% of consumers call upon the services of financial advisers. The Financial Conduct Authority (FCA) is looking to rollout ...

RBA names new chief economist

ANDREW MCKEAN  |  FRIDAY, 8 DEC 2023
The Reserve Bank of Australia (RBA) has appointed a chief economist and assistant governor to lead its Economic Group, which comprises the Economic Analysis and Economic Research departments. Sarah Hunter assumes the position, taking over from Luci ...

Former Schroders executive enters VC space

ELIZABETH FRY  |  FRIDAY, 1 DEC 2023
Industry veteran Graeme Mather has joined Antler, the early-stage venture capital investor, as a global partner. In his new role, he will help the venture capitalist deepen ties with large asset managers in the Asia Pacific and look at boosting super ...

IFM Investors, UK government seal $19bn investment pact

ANDREW MCKEAN  |  TUESDAY, 28 NOV 2023
IFM Investors signed a Memorandum of Understanding (MoU) with the UK government yesterday, formalising a $19 billion investment commitment for large-scale infrastructure and energy transition projects intended to be deployed by 2027. The MoU, which ...