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Showing 161 - 170 of 6166 results for "Statement"

ASX revenues, profits increase amid scrutiny

MATTHEW WAI  |  FRIDAY, 15 AUG 2025
The ASX recorded $1.12 billion in operating revenue in the 12 months to 30 June 2025, a 7.3% surge from the previous corresponding period. Underlying net profit after tax (NPAT) grew 7.5% to $510 million, while statutory NPAT recorded a lower growth ...

Magellan rebrands investment business

JAMIE WILLIAMSON  |  THURSDAY, 14 AUG 2025
... listed as the victim of a ransomware attack on a darknet site. The hackers claimed to have stolen 85 gigabytes of data. A statement on Magellan's site says: "On 8 August 2025, Magellan Financial Group became aware of claims suggesting a potential cybersecurity ...

Mercer Super sued over 'longstanding and systemic' failures

JAMIE WILLIAMSON  |  THURSDAY, 14 AUG 2025
... funds, Mercer Super should have had adequate systems in place to manage and monitor critical issues like this." In a statement, Mercer Super acknowledged the action. "We have cooperated with ASIC during the investigation of this matter and are currently ...

Super board moves: ART, Aware, Brighter Super

MICHELLE BALTAZAR  |  THURSDAY, 14 AUG 2025
... Corinne to the Board and look forward to the valuable insights and leadership she will contribute," said the fund in a statement.

Cbus appoints head of strategy

MICHELLE BALTAZAR  |  THURSDAY, 14 AUG 2025
... private markets activity working in a listed equities environment and prior to this, in funds management," said Cbus in a statement. She will report directly to chief investment officer Leigh Gavin, but will also work with head of private markets Jordan ...

ASIC to review RG97 to boost property supply

JAMIE WILLIAMSON  |  WEDNESDAY, 13 AUG 2025
ASIC is reviewing the need for superannuation funds to include stamp duty payments in fee disclosures in a bid to boost their investment in property. Super funds have long held concerns that obligations under Regulatory Guide 97: Disclosing fees and ...

Account number issue causes angst, undue admin work: FAAA

KARREN VERGARA  |  WEDNESDAY, 13 AUG 2025
... FAAA general manager of policy, advocacy and standards Phil Anderson said. Under DBFO Tranche 1, the Fee Disclosure Statement obligation was removed, and multiple consent form obligations were combined. This included the need to comply with the obligation ...

RBA cuts rates, experts debate next moves

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
... is consistent with our view and in line with the market's expectation. However, the latest round of forecasts in the Statement of Monetary Policy is more dovish than expected, with growth revised lower, and inflation to finally reach 2.5%, the middle ...

Trump signs order to open 401(k)s to private markets

JAMIE WILLIAMSON  |  FRIDAY, 8 AUG 2025
... Securities and Exchange Commission to facilitate access by reviewing and revising regulations and guidance where necessary. A statement from the White House said Trump "wants to give American workers more investment options in order to attain stronger ...

InterPrac hit with $22m in AFCA complaints

KARREN VERGARA  |  FRIDAY, 8 AUG 2025
... causing significant distress for affected members. These developments are deeply concerning," Sequoia said in an ASX statement released yesterday. "We remain confident in the strength of Australia's superannuation system, particularly the large platform ...