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Showing 141 - 150 of 1112 results for "New South Wales"

AMP shareholder class action settlement slashed

KARREN VERGARA | MONDAY, 9 OCT 2023

... the lawsuit, which reached an in-principle settlement in August, to do so by November 3. The Supreme Court of New South Wales will determine if the proposed settlement amount is appropriate on November 14. Shareholders who do not agree with the proposed ...

MA Financial boosts fund with $20m acquisition

CASSANDRA BALDINI | TUESDAY, 3 OCT 2023

... Financials' ability to manage the assets. "Port Macquarie and Batemans Bay are among the fastest growing areas in New South Wales which contribute to their appeal and value," he said. "We are confident these popular assets will thrive under the capable ...

Australia's wealth gap deepens: Report

CHLOE WALKER | WEDNESDAY, 27 SEP 2023

... new research suggests. A new report by the Australian Council of Social Service (ACOSS) and the University of New South Wales (UNSW) shows from 2003 to 2022, the average wealth of the highest 20% rose by 82%. What's more, the average wealth of the highest ...

NextGen Financial Group forced into liquidation

KARREN VERGARA | MONDAY, 25 SEP 2023

... Nextgen Financial Group Holdings, is also in the process of winding up, with the hearing set on September 29 at the New South Wales Federal Court. Since NextGen has made no effort to pay, the trustee has instigated the wind up of NextGen. According to ...

Prime Super acquires utilities provider

KARREN VERGARA | TUESDAY, 19 SEP 2023

... nationally spread over 800 high-density assets. Most of the buildings are located in Victoria, Queensland, and New South Wales. Prime Super chief executive Lachlan Baird said plans are in place for Active Utilities to expand over the next five years ...

Insignia Financial promotes two key staffers

ELIZABETH FRY | MONDAY, 4 SEP 2023

Insignia Financial has named a state manager for New South Wales, as well as a new national manager for multi-asset investments. Firstly, Andrew Rockliff has started a new job as state manager for New South Wales. He was promoted from national sales ...

Former AFA president Dugald Mitchell remembered

KARREN VERGARA | FRIDAY, 25 AUG 2023

... profession," former AFA national president Marc Bineham said at the time. Mitchell lived most of his life in the southern New South Wales town of Cooma. His funeral will be held on August 29.

Munich Re targets AMP over alleged reinsurance misconduct

ANDREW MCKEAN | WEDNESDAY, 23 AUG 2023

... AMP Services, NM Super, AMP Super, and AWM Services, were served with legal proceedings in the Supreme Court of New South Wales by Munich Re in April 2023. Central to the proceedings is the manner in which both Munich Re and Resolution Life Australasia ...

AMP settles class action for $110m

KARREN VERGARA | MONDAY, 21 AUG 2023

... vacated. The settlement is subject to the execution of a deed of settlement and approval by the Supreme Court of New South Wales." In reaching a settlement, AMP said in a statement that it "makes no admission of liability". "The majority of the settlement ...

Aware Super takes 100% of Oak Tree Group

CASSANDRA BALDINI | THURSDAY, 17 AUG 2023

... said. He further highlighted the quality of the portfolio which is "well located" with sites across Queensland, New South Wales, Victoria, and Tasmania. "We have multiple villages experiencing waitlists which confirms an undersupply in quality units ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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