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Showing 1521 - 1530 of 31637 results for "Australian"

CSC, Future Fund, RBA pay data released

ELIZA BAVIN  |  WEDNESDAY, 21 MAY 2025
... employers such as the Commonwealth Super Corporation (CSC), the Reserve Bank of Australia (RBA), Future Fund and the Australian Taxation Office (ATO). "Releasing public sector gender pay gaps for the first time today places a spotlight on these employers ...

ASIC sues home loan manager over 'unlawful' hardship application handling

MATTHEW WAI  |  WEDNESDAY, 21 MAY 2025
The Australian Securities and Investments Commission (ASIC) has filed legal proceedings against Resimac, which manages non-bank loans provided by Perpetual Trustees, for failing to provide appropriate care in responding to hardship applications. Resimac ...

ASIC takes Block Earner case to High Court

ELIZA BAVIN  |  WEDNESDAY, 21 MAY 2025
... operate business-as-usual and remains fully committed to compliance, innovation, and building products that benefit Australian consumers." This legal battle has been ongoing in the courts for more than a year. On 9 February 2024, the Federal Court found ...

Managed funds should be 'prepared to take less'

ELIZA BAVIN  |  TUESDAY, 20 MAY 2025
... and exchange-traded funds (ETFs) took aim at managed fund fee structures. During a "debate" over ETFs versus LICs, Australian Foundation Investment Company (AFIC) managing director Mark Freeman and VanEck deputy head of investments Jamie Hannah agreed ...

Vanguard Super leads in organic growth: KPMG

ANDREW MCKEAN  |  TUESDAY, 20 MAY 2025
... 29.6% in 2020 to 40% in 2025. During the same period, retail funds shrank from 24.5% to 22.7%. AustralianSuper and Australian Retirement Trust maintained their dominance in both AUM and membership numbers. The industry now consists of eight "mega funds," ...

UniSuper lifts fund manager investment to $100m

ANDREW MCKEAN  |  TUESDAY, 20 MAY 2025
... opportunity for our members to participate in the commercialisation of world leading research and technology coming out of Australian universities and research institutions," he said. Uniseed chief executive Peter Devine, meanwhile, said UniSuper's additional ...

AFCA looks to expand jurisdiction over receiving banks in scams

MATTHEW WAI  |  TUESDAY, 20 MAY 2025
The Australian Financial Complaints Authority (AFCA) is opening public consultation on a string of governance changes, with a key focus on expanding its jurisdiction to include receiving banks in scam complaints. Following an engagement with an external ...

Chalmers and Bragg spar over $3m super tax

JAMIE WILLIAMSON  |  TUESDAY, 20 MAY 2025
Treasurer Jim Chalmers is maintaining politicians will be captured by the $3 million super tax, labelling commentary to the contrary as lies. Liberal Senator Andrew Bragg has copped heat from Chalmers over his claims that the Division 296 tax changes ...

Size of super impacting capital markets

ELIZA BAVIN  |  TUESDAY, 20 MAY 2025
... sight of." Morgans Financial executive director of corporate advisory Philip Lee agreed the concentration of capital in Australian markets is a concern. "The growth engine of the Australian listed markets has been a small cap to big cap company. So not ...

PGIM Real Estate partners up on $145m deal for logistics asset

ANDREW MCKEAN  |  MONDAY, 19 MAY 2025
... of 49,173 square metres. Construction has commenced with completion slated for mid-2026. Nuveen senior director for Australian and New Zealand David Chan said the Sydney logistics market remains "very tight" and this is even more pronounced within inner ...