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Showing 1771 - 1780 of 19405 results for "One"

Jo Townsend named chief executive of NZ Super

ELIZABETH FRY  |  WEDNESDAY, 27 MAR 2024
One of Australia's most experienced superannuation executives will take the helm of New Zealand's sovereign wealth fund, following Matt Whineray's departure late last year. Guardians of NZ Superannuation have appointed Jo Townsend as head ...

Tranche one of advice reforms hits parliament

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
The legislation housing the first tranche of financial advice reforms that promise to reduce red tape was introduced in parliament today. Some of the recommendations from the Quality of Advice Review (QAR) include amending ongoing fee arrangements (OFA) ...

Platypus AM appoints new chief executive

ELIZA BAVIN  |  TUESDAY, 26 MAR 2024
... been well received by staff and clients," Black said. "Jelena is uniquely placed to build on Platypus' strong track record as one of Australia's leading equities funds management businesses and we look forward to watching her positively shape the business ...

Calls for fresh 5% hike to minimum wage

ELIZA BAVIN  |  TUESDAY, 26 MAR 2024
... Commission hears from unions, employers, and governments before setting minimum and award wages for about 2.9 million, or one in four workers, which comes into effect on 1 July 2024. Last year the ACTU sought a 7% increase to the minimum wage, however ...

Director facing $13k fine in first of its kind action from ASIC

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
... not name the director, but said on March 19 the person appeared in Downing Centre Local Court to be formally charged with one count of contravening section 1272C(1) of the Corporations Act 2001 by failing to have a director ID. An interim non-publication ...

Perpetual awards State Street subsidiary a major mandate

ANDREW MCKEAN  |  MONDAY, 25 MAR 2024
... Group, a long-term client of Charles River in Australia, was acquired by Perpetual in January 2023, cementing its position as one of Australia's largest multi-boutique asset managers with $213.9 billion in total assets under management as of 31 December ...

Wholesale investor tests up for parliamentary review

KARREN VERGARA  |  MONDAY, 25 MAR 2024
... application of the tests in practice. There are currently five tests in place to determine if an investor is a "sophisticated" one. Two of the most popular are the product value test whereby an investible asset is $500,000-plus. The other is the individual ...

Raiding super can worsen housing affordability: Research

KARREN VERGARA  |  MONDAY, 25 MAR 2024
... across Australia's major capital cities against a 20% deposit placed on a median-priced house and unit. The data shows no-one in this age group in Sydney, whether single or in a couple, could raise enough money for the deposit on an average house or ...

Perpetual seeds Kapstream fund

KARREN VERGARA  |  FRIDAY, 22 MAR 2024
... which is common among non-banks lenders, is a type of private debt securitisation. Warehouse financing duration is less than one year. Bourke said barriers to entry are high, and established non-bank lenders who make up the most attractive part of the ...

ACNC tightens screws on NFPs with complex corporate structures

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
... ensure third parties manage risk on their behalf. The commission's areas of priority are determined by a number of factors, one of which being the number of reports it receives. The ACNC receives about 2300 reports each year in relation to registered ...