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| | | The peak body for financial advisers has hired a policy and advocacy manager. Financial Advice Association Australia has appointed David Barrett to the newly created role, effective 24 March 2025. Based in Sydney, Barrett reports to the general manager ... |
| | | | Active Super senior portfolio manager Ken Pholsena has launched an asset consultancy to help wholesale clients fine-tune their investment strategies across multiple asset classes. Pholsena spent 16 years at Active Super and its predecessor the Local ... |
| | | | The national advice group welcomed an executive general manager, strategic relationships after also adding a chief financial and operations officer. Matthew Fogarty has joined the Infocus team in the strategic relationships role, bringing more than ... |
| | | | AustralianSuper has sold down the remainder of its already-trimmed WiseTech stake, alluding to concerns about how the company is handling its founder Richard White's role. The super fund held roughly $700 million in WiseTech shares, about 2.26% ... |
| | | | Speaking at the Impact Investment Summit Asia Pacific, former Macquarie Group chief executive Nicholas Moore said Australian investors should be paying more attention to investment opportunities in Southeast Asia. Moore said low awareness of the economic ... |
| | | | Eureka Whittaker Macnaught (EWM) and Foster Raffan iPlan have merged to form a large, multi-disciplinary firm serving around 2500 clients. The merged firm is home to 44 employees, including 20 financial advisers, and operates in six locations across ... |
| | | | The government plans to strengthen the sanctions available to the Tax Practitioners Board (TPB) to protect consumers against misconduct. As part of the Federal Budget, the Albanese government is enhancing sanctions the TPB can impose, modernising the ... |
| | | | Handing down the Federal Budget, Treasurer Jim Chalmers said the government is reducing all prescriptions available through the pharmaceutical benefits scheme (PBS), as well as investing a "record" $7.9 billion in Medicare to lift bulk billing rates. ... |
| | | | ... wages." The ban will apply to all workers who earn less than $175,000, the current high-income threshold under the Fair Work Act. It's estimated about three million workers are impacted by such clauses, including across industries like childcare and ... |
| | | | The Financial Advice Association Australia (FAAA) has come out swinging against Treasury and its second tranche of draft Delivering Better Financial Outcomes (DBFO) reforms, saying it can't support them without "substantial change." FAAA chief executive ... |
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