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Showing 1481 - 1490 of 5257 results for "SCA"

BlackRock to develop super battery

CHLOE WALKER  |  THURSDAY, 20 OCT 2022
BlackRock's Akaysha Energy has been selected by the NSW government to build one of the largest committed utility scale batteries in the world. The Waratah Super Battery is understood to be the largest committed battery project in the southern hemisphere ...

QAR could see 12% increase in insured Aussies

CHLOE WALKER  |  THURSDAY, 20 OCT 2022
According to research commissioned by the Financial Services Council (FSC), the introduction of a scalable advice model for life insurance would see more than a million Australians have the life insurance cover they need. Research by NMG Consulting ...

Challenger offloads banking business

JAMIE WILLIAMSON  |  THURSDAY, 20 OCT 2022
Just two years after acquiring it, Challenger will sell its banking operations to New Zealand's Heartland Group. Challenger spent $35 million to buy the banking business from Catholic Super in December 2020. The aim was to reach a wider range of customers ...

Magellan targets $100bn in five years

JAMIE WILLIAMSON  |  THURSDAY, 20 OCT 2022
Outlining his plans to restore Magellan's sheen, chief executive David George hopes to double its funds under management by 2027 by diversifying its capabilities and strengthening its UK and Europe operations. Speaking at the Magellan annual general ...

Australian Ethical FUM dips ahead of merger

JAMIE WILLIAMSON  |  WEDNESDAY, 19 OCT 2022
Australian Ethical has seen a slight drop in its funds under management, including a final institutional redemption, and provided an update on its merger with Christian Super. Australian Ethical's total FUM now sits at $6.18 billion, a drop of 0.4% ...

Brookfield Special Investments invests down under

CHLOE WALKER  |  WEDNESDAY, 19 OCT 2022
The Canadian investment giant's Special Investments Program has made its first transaction in Australia, providing a $150 million debt facility to Queensland-based Panthera Finance. The senior secured loan will fund the expansion of the credit management ...

CEFC, Grok Ventures back solar tech firm

RACHEL ALEMBAKIS  |  THURSDAY, 13 OCT 2022
The Clean Energy Finance Corporation (CEFC) has joined Mike Cannon-Brookes' Grok Ventures in backing an Australian company commercialising technology that could drastically cut costs and increase efficiency of solar panels. The CEFC and Main Sequence ...

Australian retirement system given B+

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2022
Australia's retirement system has been awarded a B+ by Mercer and the CFA Institute in their 2022 Global Pension Index, ranking sixth overall for the second consecutive year. The index covers 44 retirement systems around the world, measuring them on ...

Worst performing super funds named

CASSANDRA BALDINI  |  WEDNESDAY, 12 OCT 2022
Stockspot's Fat Cat Funds Report has named and shamed the worst performing superannuation funds in Australia, all of which are retail offerings. OnePath was named the overall worst performer, followed by Colonial First State, AMP, and ClearView. ...

Global X drops management fees

CHLOE WALKER  |  WEDNESDAY, 12 OCT 2022
To provide investors with more cost-effective access to the US fixed income market, Global X ETFs Australia has reduced the management fees of two ETFs. Specifically, the management fee for Global X US Treasury Bond ETF (Currency Hedged) has been lowered ...