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

Search Results

Showing 1471 - 1480 of 18761 results for "ACT"

Government to streamline financial reporting

ELIZA BAVIN  |  FRIDAY, 24 JAN 2025
Treasurer Jim Chalmers has announced the release of a consultation paper to gather insights and feedback on how to restructure Australia's financial reporting architecture with the aim to make it more efficient, effective, and fit for purpose. Chalmers ...

Aussie shares cost 8% more on rebalance days: Dimensional

KARREN VERGARA  |  FRIDAY, 24 JAN 2025
Investing in the S&P/ASX 300 on a day it rebalances puts an 8% premium on share prices, a phenomenon that follows major global indices, new research from Dimensional Fund Advisors finds. The analysis studied the reconstitution activity of four other ...

Super moves: ART, QIC, Rest, CareSuper

ELIZABETH FRY  |  THURSDAY, 23 JAN 2025
QIC has welcomed two new starters to its state investments team: a portfolio manager in Brisbane and a senior portfolio manager in Sydney. Daniel Rigney has been appointed as portfolio manager, arriving from Rest Super, where he managed quantitative ...

Tyndall bolsters small cap team

ELIZABETH FRY  |  THURSDAY, 23 JAN 2025
​Small cap specialist Josh Phillips has quit Aware Super to join Tyndall Asset Management's equity investment teams as a co-portfolio manager. Phillips will work alongside James Nguyen to help drive the performance of Tyndall AM's small companies' ...

Ausfood Super appoints chief executive

ELIZABETH FRY  |  THURSDAY, 23 JAN 2025
Australian Food Super, the superannuation fund set up for employees in the meat industry, has named Michael Sykes as its new chief executive. Formerly known as the Australian Meat Industry Superannuation Trust or AMIST Super, the fund has $3 billion ...

Hostplus names deputy CIO

ELIZABETH FRY  |  THURSDAY, 23 JAN 2025
Hostplus has promoted Susan Orr to deputy investment chief following the recent departure of Con Michalakis who has taken on the top investment job at Funds SA. The $115 billion industry fund for hospitality workers confirmed that Orr will now serve ...

Chief executive misbehaviour stifles investment returns

ANDREW MCKEAN  |  THURSDAY, 23 JAN 2025
... shake company valuations, demonstrating the importance of having the right checks and balances in place to ensure executives act in a way that's aligned to shareholders' interests, the investment manager said. Accordingly, it's important to consider ...

Government must commit to fixing CSLR: FAAA

MATTHEW WAI  |  THURSDAY, 23 JAN 2025
... knowledge that the Dixon Advisory problems had been repeatedly reported to ASIC over many years, and that they took so long to act." "ASIC's own submission to the Senate Economics Committee's Wealth Management Companies Inquiry admits that they ...

More climate exits as Trump takes charge

ROSE MARY PETRASS  |  WEDNESDAY, 22 JAN 2025
Northern Trust and two other asset managers have left Climate Action 100+ (CA100+) as four banks exit the Net Zero Banking Alliance (NZBA). Northern Trust is the latest to depart both CA100+ and Net Zero Asset Managers initiative (NZAM); MFS Investment ...

RBA is 'overachieving' on inflation target: GSFM

MATTHEW WAI  |  WEDNESDAY, 22 JAN 2025
GSFM investment specialist Stephen Miller is predicting the RBA will deliver an interest rate cut in February. If it does occur, it will be the RBA's first rate cut since November 2020, and the first change in the official cash rate since November 2023. ...