Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 161 - 170 of 3602 results for "Project"

Equity Trustees FUM tops $254bn

ELIZA BAVIN  |  THURSDAY, 21 AUG 2025
Equity Trustees saw funds under administration and supervision (FUMAS) rise 28% to $254 billion in FY25. In addition, revenue rose 7% to $182.5 million, statutory net profit after tax rose 60.4% to $33.2 million, and underlying net profit before tax ...

Funds SA pushes for efficiencies with AI targets

JAMIE WILLIAMSON  |  TUESDAY, 19 AUG 2025
Targets around the use of artificial intelligence (AI) will be baked into the performance plans of every staff member at the centralised investment manager. Funds SA is rolling out an AI strategy, aimed at boosting efficiencies and productivity within ...

ART chair to retire

MATTHEW WAI  |  TUESDAY, 19 AUG 2025
... to the Sunsuper days prior to the merger that created ART," Fraser said. "I am proud of everyone who contributed to the project to create ART and am honoured to have played a role to establish ART. ART is, and will be, an enduring force for good - for ...

Adviser banned for UGC, Shield involvement

MATTHEW WAI  |  TUESDAY, 19 AUG 2025
Gold Coast-based financial adviser Andrew Rankin has been banned for four years for failing to act in clients' best interests by pushing them to invest in the Global Capital Property Fund (GCPF) and Pivotal Diversified Fund. The banning took effect ...

Commonwealth Super names chief risk and compliance officer

MATTHEW WAI  |  MONDAY, 18 AUG 2025
Commonwealth Superannuation Corporation (CSC) has welcomed a chief risk and compliance officer, hiring from Equity Trustees. Nevein Versace has commenced in the role. She was most recently Equity Trustees' group executive and chief risk officer. In ...

ASX revenues, profits increase amid scrutiny

MATTHEW WAI  |  FRIDAY, 15 AUG 2025
... commenced legal proceedings against the ASX for allegedly making misleading statements in relation to the CHESS replacement project. "We've experienced heightened regulatory scrutiny following the CHESS Batch Settlement Incident last December and we ...

RBA cuts rates, experts debate next moves

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
As widely anticipated, the Reserve Bank of Australia (RBA) delivered a 0.25% interest rate cut at the August meeting, bringing the official cash rate down to 3.6%. The RBA board noted that the easing in inflation alongside a softening in the labour ...

Cbus, MLC, AMP Super pump more into Atmos Renewables

MATTHEW WAI  |  TUESDAY, 12 AUG 2025
... (MWh) Merredin Battery Energy Storage System (MBESS) in Western Australia, Atmos' first greenfield development and battery project to reach financial close. It is expected to create 70 jobs during construction and enhance regional grid stability and ...

IFM Investors enters student accommodation arena

JAMIE WILLIAMSON  |  TUESDAY, 12 AUG 2025
... University from InfraRed Capital Partners. Marking its entry, IFM will acquire the Curtin University Student Accommodation project via Infranexus, its platform that already manages the concession for the District Court of Western Australia and Southern ...

Superannuation fraudster sentenced to prison

ELIZA BAVIN  |  MONDAY, 11 AUG 2025
... course the use of money dishonestly for personal expenses when that money had been given to you to invest in a development project." "No sentence I impose can undo the harm caused to investors who have lost their money." As a result of his conviction ...