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

Search Results

Showing 1421 - 1430 of 34105 results for "Fund"

Centrepoint Alliance profits down $2.6m

MATTHEW WAI  |  WEDNESDAY, 27 AUG 2025
Centrepoint Alliance saw its net profit after tax (NPAT) reduced by over $2.6 million in FY25 on the back of increased expenses. Centrepoint Alliance reported $40.9 million in gross profit for FY25, a 13% or $4.8 million increase from the prior corresponding ...

QIC harvests rare earth elements to turbocharge net zero transition

MATTHEW WAI  |  WEDNESDAY, 27 AUG 2025
QIC has made an investment via its $150 million QIC Critical Minerals and Battery Technology Fund (QCMBTF) to support Ark Mines' Sandy Mitchell Rare Earths Project. The project, located 230km northwest of Cairns, contains significant resources of ...

Commonwealth Super delivers 'resilient' performance for FY25

MATTHEW WAI  |  WEDNESDAY, 27 AUG 2025
... Superannuation Corporation (CSC) posted its FY25 results, saying it continues to meet its objectives for members. The super fund delivered 10.6% for its default PSSap MySuper Balanced option, designed for Australian government employees, while its ADF ...

Performance test review to allow funds to 'innovate'

ELIZA BAVIN  |  WEDNESDAY, 27 AUG 2025
The Association of Superannuation Funds of Australia (ASFA) chief executive Mary Delahunty has welcomed the Treasurer's review of the superannuation performance test, saying modernising the test will provide the certainty and flexibility funds need ...

ATO bares teeth at dentists pushing early super access

JAMIE WILLIAMSON  |  TUESDAY, 26 AUG 2025
The Australian Taxation Office (ATO) has warned of an increase in "dodgy advice" about accessing superannuation savings for non-critical medical procedures, like cosmetic dental work. The number of people accessing their super under the guise of medical ...

Future Group calls on super funds to push for bold emissions target

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
Ahead of the federal government deciding on its 2035 emissions target, Future Group has called for a 75% reduction on 2005 levels, which it said could unlock $20 billion a year in capital investment. New scenario analysis from Deloitte Access Economics ...

Pacific Current FUM, earnings lower in FY25

KARREN VERGARA  |  TUESDAY, 26 AUG 2025
... goodwill, $8.3 million in brand and trademarks and $2.2 million in partial impairments of management rights due to Aether's new fund-raising activity being slower than what PAC previously anticipated. The group reported a statutory NPAT of $58.2 million ...

CBA appoints head of Australian economics

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
Commonwealth Bank (CBA) has announced Belinda Allen will take on the role of head of Australian economics after Gareth Aird left the bank in July. Allen will be responsible for developing the bank's Australian economic forecasts, views on the Reserve ...

Equity Trustees sued over Shield Master Fund failures

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
Equity Trustees will face court over its alleged due diligence failures concerning the Shield Master Fund. ASIC flagged that as a superannuation trustee, Equity Trustees oversaw the investment of around $160 million of retirement savings into Shield ...

AustralianSuper executive joins SMC

MATTHEW WAI  |  TUESDAY, 26 AUG 2025
A former AustralianSuper executive has joined the Super Members Council (SMC) to strengthen its policy development for the superannuation sector. Nick Coates has commenced in the role of executive general manager policy reform and regulation. He was ...