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Showing 151 - 160 of 1939 results for "Victoria"

APRA reprimands Cbus, BUSSQ over governance issues

ANDREW MCKEAN  |  WEDNESDAY, 14 AUG 2024
APRA has imposed additional licence conditions on Cbus and BUSSQ over governance concerns in the wake of the CFMEU scandal. The prudential regulator's additional licence conditions stipulate that Cbus' trustee, United Super, and BUSSQ bring ...

CommSec names top state for economic performance

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
... fast closing-in on first place - leading on relative population growth and home lending. WA came in a closet second and Victoria remains in third place with the ACT in fourth position. The previously equal fourth-placed states of Queensland (now fifth) ...

New mandates boost Clime FUM

KARREN VERGARA  |  MONDAY, 29 JUL 2024
Clime Investment Management won two mandates collectively worth $300 million, one of which came from Clearwater Portfolio Management. Clearwater Portfolio Management handed Clime $240 million to help manage the funds on behalf of Victorian financial ...

QIC replaces real estate managing director

KARREN VERGARA  |  MONDAY, 29 JUL 2024
... manager for resilience. Grech worked previously in KPMG's sustainability and climate change team, and for Rail Projects Victoria where he was the sustainability discipline lead. Loh joined from Cromwell Property Group where he led the global net ...

More than 11k businesses call in administrators

MATTHEW WAI  |  FRIDAY, 26 JUL 2024
... (15%) and other services (9.3%). New South Wales has the most companies enter administration in FY24 at 4634, followed by Victoria (2862) and Queensland at third with 2036 administrators appointed. Other states maintain the figure well below 800, with ...

NZSF returns 17%, smashes benchmarks

KARREN VERGARA  |  TUESDAY, 23 JUL 2024
New Zealand Super Fund (NZSF) returned a whopping 17% in the year to May, outpacing many of its benchmarks. Under the new leadership of chief executive Jo Townsend, New Zealand's sovereign wealth fund is aiming to double in size from its current ...

Household income buoyed by property investments: CBA

MATTHEW WAI  |  TUESDAY, 23 JUL 2024
... gathered by MCG. "For instance, West Pilbara in Western Australia has house yields of 9.85% and unit yields of 13.12%... Victoria's Campaspe region reports house yields of 6.23% and 11.28% for units," MCG managing director Mike Mortlock explained. Various ...

ASIC hits Melbourne adviser with travel ban

ELIZA BAVIN  |  TUESDAY, 23 JUL 2024
... continues its investigation. King is currently a licensed financial adviser operating in Queensland, New South Wales and Victoria through Wealth Effect Advisory, King Financial Group (VIC), King Financial Group (NSW), and King Financial Group (QLD). ...

Cbus hires from VFMC for key ESG role

ROSE MARY PETRASS  |  TUESDAY, 23 JUL 2024
Talieh Williams has made the jump from Victorian Funds Management Corporation (VFMC) to join Cbus as head of ESG integration. In the new role, Williams will support the creation of long-term returns for members of the $98 billion industry fund for building ...

Industry funds defend CFMEU board ties

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
Industry funds BUSSQ and Cbus have defended their respective boards' close ties to the CFMEU, saying all representatives satisfy the fit and proper standards outlined by APRA. This week the Victorian branch of the Construction, Forestry and Maritime ...