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Showing 141 - 150 of 34019 results for "Fund"

Government to commit $3.7bn to strengthen aged care access

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
The government will invest $3.7 billion to increase the supply of residential aged care accommodation, accelerate the release of Support at Home packages and enhance the quality and affordability of aged care services. In a direct response to the Residential ...

Chalmers overhauls negative gearing, CGT discount

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
Treasurer Jim Chalmers has affirmed the highly anticipated overhauls to the capital gains tax (CGT) discount and negative gearing in a bid to "level the playing field for first home buyers." The 50% CGT discount will be replaced with inflation-adjusted ...

TelstraSuper-Aware Super merger complete

ELIZA BAVIN  |  TUESDAY, 12 MAY 2026
... year after they began to explore the proposal. About 85,000 TelstraSuper members have now joined Aware Super via a Successor Fund Transfer (SFT) to create a superannuation fund with approximately 1.3 million members and over $235 billion in funds under ...

Rest faces scrutiny over alleged super reporting error

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
... incorrectly reported superannuation contributions to the Australian Taxation Office for an individual who was never a member of the fund. The issue was raised publicly by financial planner Matt Marsh of PlanPlus Wealth Advisers, who said the alleged ...

ASFA expands technical implementation service

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
... reducing cost and duplication for funds and ultimately improving outcomes for every single member of an APRA-regulated super fund," Delahunty said. "Regulatory change does not finish when legislation or guidance is published. That's where the most ...

Brighter Super, QIC Ventures invest in ProcurePro

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
Brighter Super and QIC Ventures have backed ProcurePro, a digital procurement platform, boosting the startup's value to more than $100 million. The two parties helped raised $15 million via a Series B round in the hope of scaling the platform which ...

GQG reports nearly US$10 outflows, keeps FUM stable

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
... offset by stellar investment performance to end April with US$166.9 billion in total assets. Year-to-date figures show the fund manager offsetting nearly US$10 billion in client money lost with US$13 billion in positive performance. In April alone, GQG ...

Super funds welcome UK's Supers Unit to push investments

RIDDHIMA TALWANI  |  TUESDAY, 12 MAY 2026
The Australian superannuation industry has welcomed the creation of a dedicated Supers Unit by the UK government, which will prove as a point of contact to help funds identify and progress investment opportunities in the UK. This follows a commitment ...

legalsuper announces C-suite changes

VINNY VUCAGO  |  MONDAY, 11 MAY 2026
... chief member officer. legalsuper has appointed chief financial officer Michael Gogorosis as interim chief executive as the fund continues its search for a permanent replacement at the top. This comes after legalsuper bid farewell to its chief executive ...

Perpetual to wind up fixed income fund

KARREN VERGARA  |  MONDAY, 11 MAY 2026
Perpetual's Dynamic Fixed Income Fund will shutter next month as it failed to reach the required scale to operate in a cost-efficient manner. The fund's investment manager Perpetual Investment Management told investors in a note that after careful ...