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Showing 131 - 140 of 13890 results for "State"

Australians like AI, reluctant to trust it on financial decisions: Survey

RIDDHIMA TALWANI  |  WEDNESDAY, 11 MAR 2026
... in their daily lives, but most remain reluctant to trust it with decisions about their money. Research by Colonial First State (CFS) found while familiarity with AI is growing, human judgement and accountability continue to matter most when Australians ...

Division 296 legislation passes, LISTO to increase

MATTHEW WAI  |  WEDNESDAY, 11 MAR 2026
The controversial Division 296 superannuation tax has passed through both houses and will take effect from July 1, alongside changes to the Low-Income Superannuation Tax Offset. Treasurer Jim Chalmers announced the passage of the Treasury Laws Amendment ...

ASIC has 'strong appetite' to hold boards to account

ELIZA BAVIN  |  WEDNESDAY, 11 MAR 2026
Following the landmark Federal Court decision in the case ASIC brought against Star Entertainment, ASIC chair Joe Longo said the regulator will not shy away from holding company directors to account. The Federal Court found two former senior executives ...

Former MWL Financial adviser banned for six years

ELIZA BAVIN  |  TUESDAY, 10 MAR 2026
ASIC has banned Melbourne-based financial adviser Raluca Terheci from providing financial services, controlling an entity that carries on a financial services business or performing any function involved in the carrying on of a financial services business ...

IFM maps path for super funds to meet US infrastructure funding gap

RIDDHIMA TALWANI  |  MONDAY, 9 MAR 2026
... resilience and productivity of US infrastructure assets," IFM Investors said. "There is a generational opportunity for US state and local governments to partner with investors of Australian and American pension capital - including through shared ownership ...

Product showcase: Follow the leaders

STAFF WRITER  |  MONDAY, 9 MAR 2026
... global stockmarket wealth created by only 0.2% of companies," Ziller notes, citing 2023 research from academics at Arizona State University, Hong Kong Polytechnic University, and Tulane University. "When we dive into this, our research suggests that ...

Morgan Stanley sheds 2500 global roles

KARREN VERGARA  |  FRIDAY, 6 MAR 2026
Morgan Stanley is shedding 2500 jobs across its global workforce, affecting many in the investment banking, wealth management and investment management divisions. As first reported overnight by the Wall Street Journal, roles from front office to the ...

What Australia must do to be at the forefront of financial innovation

MATTHEW WAI  |  FRIDAY, 6 MAR 2026
... government policy, which has strongly contributed to the rapid development of AI implementation. In Australia, federal and state governments have invested $2 billion, complemented by private investment, but need further support to help development across ...

Local custody industry surpasses $6tn milestone

JAMIE WILLIAMSON  |  FRIDAY, 6 MAR 2026
... HSBC Bank (12%), Netwealth (11.2%), and Perpetual (11.1%). The top five custodians by size now are J.P. Morgan ($1.49tn), State Street ($1.08tn), Citigroup ($1.05tn), Northern Trust ($995bn), and BNP Paribas ($824.2bn). The rankings remain the same when ...

Perpetual names interim investment chief

ELIZABETH FRY  |  THURSDAY, 5 MAR 2026
... investment manager research, selection and portfolio construction, most recently as an investment analyst at Colonial First State. He previously worked at Lonsec and Lazard Asset Management. He will work closely with Blunt and the wider investment team ...