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Showing 131 - 140 of 28140 results for "NOT"

Digital asset adoption in SMSFs not a surprise: Burgess

MATTHEW WAI | THURSDAY, 7 MAY 2026

... the only way, from a super perspective, people can get access to that asset class is via an SMSF. In that regard, we're not surprised of what we're seeing right now," he said. He also emphasised many SMSFs would concentrate on a single asset ...

RBA hikes rates, suggests more to come

ELIZA BAVIN | WEDNESDAY, 6 MAY 2026

... the RBA did deliver two further rate hikes this year, we're likely facing a recession. Will that be needed? We can only hope not." Bassanese said he is expecting the three hikes already delivered this year to be sufficient to "take some of the wind from ...

DigiCo offloads US asset for $1bn

ELIZA BAVIN | WEDNESDAY, 6 MAY 2026

... announced he would take a period of extended personal leave to spend time with family and work through a personal matter. This is not the first time Maher has stepped in to run DigiCo, having also taken on the role in mid-2025 when Damon Reid stepped ...

Atlas Arteria rejects 'exploitative' IFM takeover bid

RIDDHIMA TALWANI | WEDNESDAY, 6 MAY 2026

... "strong concerns" about the recent change in strategic direction to pursue M&A more broadly. It warned shareholders who do not accept IFM's offer could risk continued underperformance. However, Atlas Arteria independent directors' assessment found ...

Income support system cannot handle claims surge: CALI

VINNY VUCAGO | WEDNESDAY, 6 MAY 2026

... placing sustained pressure on insurers and government programs. CALI chief executive Christine Cupitt said the system was not designed to oversee the scale and nature of mental health related claims it's now seeing. "This report shines a light on ...

Adviser-client relationships eroded by AI: Research

MATTHEW WAI | WEDNESDAY, 6 MAY 2026

... elements of artificial intelligence (AI) that boost operational efficiency for financial advisers, a new study finds they are not fond of the idea of their clients seeking a second opinion through the technology, as it can be "insulting and signals disrespect". ...

Alter Domus to acquire MSC Group

KARREN VERGARA | WEDNESDAY, 6 MAY 2026

... administration offering in Australia and select APAC areas. The agreement covers about $32 billion in assets. The value of the deal was not disclosed. Alter Domus opened its Sydney office in 2015, providing alternatives asset administration. It currently ...

Vision Super to close Diversified Bonds option

KARREN VERGARA | WEDNESDAY, 6 MAY 2026

... Bloomberg Ausbond Bank Bill Index over rolling three-year periods. The option will officially close on June 4. Members who do not actively change to another option will automatically be invested in the Cash option on that date. Vision Super recently ...

Clearer distinction of advice required around aged care costs: Review

MATTHEW WAI | WEDNESDAY, 6 MAY 2026

... the Department of Health, Disability and Ageing, highlighted it is the responsibility of providers to ensure their staff do not provide financial advice outside of information relating to aged care costs. The review acknowledges only financial advisers ...

Budget to overhaul negative gearing, CGT discount, family trusts

ELIZA BAVIN | TUESDAY, 5 MAY 2026

... Australians, and particularly younger Australians, are finding it really difficult to get into the housing market. That's not the fault of older Australians. It's the fault of successive Coalition governments who didn't take housing seriously enough. ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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