Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 141 - 150 of 14181 results for "Current"

Prime Value licence suspended over reporting failures

VINNY VUCAGO  |  MONDAY, 20 JUL 2026
... the day-to-day operation and management of its existing schemes, including the reinvestment of income distributions for current investors. The firm must also continue to comply with its ongoing licence obligations throughout the suspension period. Prime ...

Next Capital nabs Fujitsu's data centre platform

MATTHEW WAI  |  MONDAY, 20 JUL 2026
Australian private equity firm Next Capital is set to acquire the local data centre business of Fujitsu to create a new independent national data centre platform. With a completion date expected later this year, subject to customary conditions and approvals ...

ASIC cancels AFSL of Australian Fiduciaries

RIDDHIMA TALWANI  |  FRIDAY, 17 JUL 2026
ASIC has cancelled the Australian financial services licence (AFSL) of Queensland-based Australian Fiduciaries, which is currently in liquidation. This follows Australian Fiduciaries' inability to pay the amount determined by the Australian Financial ...

Aussies ditch 'Great Australian Dream,' pursue 'Great Australian Lifestyle'

KARREN VERGARA  |  FRIDAY, 17 JUL 2026
... population, cost-of-living pressures are by far the most cited barrier to achieving financial goals (64%), followed by current income (37%) and debt (20%). Gen Z reported the highest levels of frustration about their financial situation (37%), just ahead ...

Eiger Capital co-founder flags retirement

KARREN VERGARA  |  FRIDAY, 17 JUL 2026
... in the process of merging, with the former set to be part of the newly formed entity Channel Group. It will be led by current Channel Capital managing director Glen Holding, with Fidante continuing to operate as a standalone brand. Challenger will also ...

Swedish PE giant sweetens offer bid for Perpetual

RIDDHIMA TALWANI  |  THURSDAY, 16 JUL 2026
EQT AB has sweetened its offer bid for Perpetual, after the financial services firm rejected the unsolicited takeover bid from the Swedish private equity giant earlier in the month. The revised offer price of $22.07 is a 2% bump from its previous offer ...

Warakirri, LongView launch home equity strategy

MATTHEW WAI  |  THURSDAY, 16 JUL 2026
Warakirri Asset Management and LongView are partnering to bring a new shared equity co-investment fund exclusively to wholesale investors seeking access to Australia's residential property market. The Home Equity Fund 2 tracks the Cotality National ...

FEATURE | Retirement | A layer of confidence

MATTHEW WAI  |  THURSDAY, 16 JUL 2026
... familiar with lifetime income. However, despite the growing appetite and intention to acquire lifetime income products, current uptake is stagnant and at a very low point, as acknowledged by Huppert and others. Observing the trend, Challenger head of ...

ASIC seeks to wind up Capital Guard AU

KARREN VERGARA  |  WEDNESDAY, 15 JUL 2026
... The company held an AFSL since 15 August 2017, however the previous financial services business was sold in 2024 to its current management. Capital Guard's website is now inactive. Victims on customer review platform Trustpilot wrote they cannot contact ...

First Mutual unregistered MIS wound up

KARREN VERGARA  |  WEDNESDAY, 15 JUL 2026
First Mutual Private Equity's (FMPE) unregistered managed investment scheme (MIS), which allegedly gambled $80 million of investor money, has been wound up by the Federal Court. Justice Button approved ASIC's application to facilitate the orderly ...