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Showing 1501 - 1510 of 13910 results for "State"

Advisers embrace less back-office burden

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
Financial advisers have welcomed the elimination of many back-office inefficiencies under the federal government's adoption of the Quality of Advice Review recommendations. Some of the QAR recommendations assistant treasurer Stephen Jones flagged ...

Centuria looks to grow WA portfolio

CHLOE WALKER  |  FRIDAY, 23 JUN 2023
... purchase of a $16 million Busselton neighbourhood shopping centre reflects the group's increased focus on the golden state, according to head of retail Bruce McCully. The daily needs neighbourhood shopping centre is anchored by a Coles Supermarket ...

Senate report labels PwC breach calculated, deliberate

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
Despite the inquiry continuing, a Senate committee has concluded that PwC deliberately covered up the actions of its staff and the plans to monetise the confidential information at the heart of its tax leaks scandal. A report published by the committee ...

Next RBA boss to be picked in July: Chalmers

CASSANDRA BALDINI  |  THURSDAY, 22 JUN 2023
Reserve Bank of Australia (RBA) governor Phillip Lowe will learn his fate next month following a government consultation on his possible reappointment. Lowe's current term is set to end in September and the government intends to consider the appointment ...

Advance Asset Management ceases direct distribution

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
Advance Asset Management funds will no longer be available to direct retail investors following a rather significant change to the eligibility criteria for investment. Currently, Advance AM funds have a minimum investment of $5000 and are available ...

Forrests boost Minderoo by $5bn

CHLOE WALKER  |  WEDNESDAY, 21 JUN 2023
Andrew and Nicola Forrest donated 220 million Fortescue Metals shares to their own philanthropic foundation, Minderoo. The bequest of nearly $5 billion - about one-fifth of their shareholding - takes the foundation's endowment to about $7.6 billion ...

NAB progresses closure of custody arm

CASSANDRA BALDINI  |  WEDNESDAY, 21 JUN 2023
NAB has confirmed it is on track with the wind down of its asset servicing business, including helping its existing clients in selecting a new custodian. As part of an agreement, NAB Asset Servicing is referring some of its clients to Citi and giving ...

CEFC backs agriculture investment platform

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 JUN 2023
The Clean Energy Finance Corporation (CEFC) and a Canadian state investment manager have co-invested in a platform aimed at assisting Australian farmers at decarbonising while boosting farm production. CDPQ (Caisse de dépôt et placement du Québec) ...

URF investors reject K2 as RE

KARREN VERGARA  |  TUESDAY, 20 JUN 2023
An overwhelming number of investors in E&P Financial Group's US Masters Residential Property Fund (URF) have rejected K2 Asset Management as its new responsible entity. Unitholders of URF voted against appointing K2 Asset Management (KAM) as its ...

High value investors playing it safe: Report

CHLOE WALKER  |  TUESDAY, 20 JUN 2023
Defined as the top 10% of investors by wealth and trading volume, high value investors (HVIs) have shifted their appetites when it comes to financial risk, according to the ASX Australian Investor Study 2023. While the report noted an even distribution ...