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Showing 1701 - 1710 of 41521 results for "Will"

Equity Trustees sued over Shield Master Fund failures

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
Equity Trustees will face court over its alleged due diligence failures concerning the Shield Master Fund. ASIC flagged that as a superannuation trustee, Equity Trustees oversaw the investment of around $160 million of retirement savings into Shield ...

New Forests beefs up local landscapes fund

JAMIE WILLIAMSON  |  MONDAY, 25 AUG 2025
New Forests is acquiring close to 50% of McPhee Beef Farms in New South Wales and will look to implement more regenerative agriculture practices and reduce its emissions. The acquisition is being made via New Forests' Australia New Zealand Landscapes ...

Former adviser back in Australia to face theft charges

JAMIE WILLIAMSON  |  MONDAY, 25 AUG 2025
A former financial adviser accused of stealing millions from clients will finally face court after being extradited back to Australia from New Zealand. Marion Pearson allegedly stole $4.1 million from 13 clients between January 2009 and October 2013. ...

Singapore investment firm to add 835 student beds in Perth

MATTHEW WAI  |  MONDAY, 25 AUG 2025
... student housing asset, marking its first foray into the local sector. Mapletree acquired the 1398m 2 site from Alceon, which will remain as development manager. Given the limited supply to a large student population, Mapletree believes the sector provides ...

Chalmers says tax reform coming, but offers no detail

ELIZA BAVIN  |  MONDAY, 25 AUG 2025
... fairness is one of the defining principles of our country but also of our government. And that's certainly something that we will pick up and run with." Chalmers also confirmed the government would be looking at reforms around family trusts and capital ...

Local custody assets hit record $5.6tn

JAMIE WILLIAMSON  |  FRIDAY, 22 AUG 2025
Custodians' asset pools grew by 3% in the first half of the year, with HSBC's securities services division recording the largest jump. Statistics from the Australian Custodial Services Association (ACSA) show total assets under custody held on behalf ...

Liquidity issues hurting Healthbridge Capital investors

KARREN VERGARA  |  FRIDAY, 22 AUG 2025
... agreement with additional staff and issuing new unit classes to assist with liquidity. Cache said that it "recognises this news will cause distress for investors." It believes certain assets of the fund are impaired and investors may not receive the ...

APRA sets higher cybersecurity expectations for trustees

KARREN VERGARA  |  FRIDAY, 22 AUG 2025
... cyber-resilience is riding high on APRA's enforcement agenda over the next four years, but in the short term the regulator warned it will escalate action where necessary if they cannot prove to have basic measures in place. The prudential regulator ...

Chalmers confirms super performance test changes are coming

ELIZA BAVIN  |  FRIDAY, 22 AUG 2025
... Treasurer Jim Chalmers has wrapped up the three-day Economic Reform Roundtable, announcing a range of reforms the government will focus on. Speaking at a press conference after the event, Chalmers said the government will look to make changes to the ...

Grattan calls for large scale tax reform

ELIZA BAVIN  |  FRIDAY, 22 AUG 2025
... gets." Sathanapally said Australians aged over 75 receive the highest level of social benefits of any group and by 2050 they will account for 12.4% of the population. She said many retirees are still net savers after they retire and Australia's tax system ...