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Showing 1591 - 1600 of 34281 results for "Financial"

Future Fund bags a piece of Transgrid

ANDREW MCKEAN  |  WEDNESDAY, 21 MAY 2025
... in five years ago, and manage the Future Fund's stake following the deal. Neither party, however, has disclosed the financial terms of the deal. Future Fund chief investment officer Ben Samild said the investment in Transgrid aligns with the $240 billion ...

MA Financial eyes acquisition

ELIZA BAVIN  |  WEDNESDAY, 21 MAY 2025
MA Financial has confirmed it is in talks to acquire IP Generation (IPG), a real estate asset manager with around $2 billion in assets under management (AUM). "MA Financial has a longstanding relationship with IPG, having provided property management ...

Bell Asset Management names head of retail sales

MATTHEW WAI  |  WEDNESDAY, 21 MAY 2025
... particularly its high-conviction small- and mid-cap offering, it said. Stewart brings more than 25 years of experience in financial services to the fold. He was most recently head of distribution at Allianz Retire+, and has held various executive roles ...

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

MATTHEW WAI  |  WEDNESDAY, 21 MAY 2025
... mortgages and asset finance, managing loans issued by Perpetual. ASIC believes thousands of vulnerable customers suffering financial distress were impacted by Resimac's 'one size fits all' approach to hardship applications between 1 January 2022 and ...

ASIC takes Block Earner case to High Court

ELIZA BAVIN  |  WEDNESDAY, 21 MAY 2025
... by Block Earner, which allowed consumers to earn fixed yield returns from lending specified crypto-assets, was not a financial product. ASIC said it is seeking to obtain the High Court's ruling on what falls within the definition of financial product ...

Equip Super, TelstraSuper terminate merger plans

JAMIE WILLIAMSON  |  WEDNESDAY, 21 MAY 2025
... was signed, it has become evident that TelstraSuper is unlikely to achieve our objectives for the merger, in the best financial interests of the fund's members," TelstraSuper said. It's quite an about-face, as the merger plans were well progressed ...

Stockbroking faces 'perception problem'

ELIZA BAVIN  |  TUESDAY, 20 MAY 2025
... industry it needs to work to improve its public perception, particularly around the profession of stockbroking. Morgans Financial chief executive John Clifford said just a simple Google search of the term "stockbroker" will elicit photos of men on Wall ...

Wealth management has never looked better: Knox

JAMIE WILLIAMSON  |  TUESDAY, 20 MAY 2025
... at the advice sector, advisers are making more money than ever before. But there is a challenge in this. "Typically, financial planners are charging a minimum of $3000, more likely starting at $5000 and often $20,000 per client. The consequence and conundrum ...

J.P. MAM slashes recession probability to 30%

KARREN VERGARA  |  TUESDAY, 20 MAY 2025
... loading their imports while negative GDP growth surfaced. "We think that'll probably bounce back in Q2," Stewart told Financial Standard. "Now, we've reduced our probability of a recession down to about 30%." While that is "much better news" ...

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 ...