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Showing 1851 - 1860 of 28255 results for "NOT"

BUSSQ loses legal bid to overturn additional licence conditions

ANDREW MCKEAN  |  MONDAY, 3 FEB 2025
... steps. "The trustee maintains that APRA is best placed to undertake any review of BUSSQ and that the licence conditions are not necessary. We'll be reviewing the decision and looking at our options noting that the court hasn't ruled that the licence ...

TenCap hedge fund eyes $3bn AUM

KARREN VERGARA  |  MONDAY, 3 FEB 2025
... with very tight risk controls, it actually fits into the Australian equities bucket from an asset allocation perspective, not into hedge funds... So, in fact, it fits into the largest bucket of most people's investment universes." Liu said: "In a ...

System Capital joins Fidante stable

JAMIE WILLIAMSON  |  MONDAY, 3 FEB 2025
... focus, investing in companies with growing cashflows over the medium term and in a strong, competitive position. "Our fund is not constructed with a specific investment thematic or qualitative overlay. Rather, we look to take advantage of structural ...

Former adviser pleads guilty to $1m theft

MATTHEW WAI  |  MONDAY, 3 FEB 2025
... with five counts of stealing and eight counts of fraud in June 2022 following an ASIC investigation; Torre entered a plea of not guilty for all charges on 13 July 2023, with the matter consistently been adjourned since. On January 28, he appeared in ...

QIC puts money into US aviation infrastructure

MATTHEW WAI  |  FRIDAY, 31 JAN 2025
... transaction with US-based Ridgewood Infrastructure's airplane hangar infrastructure portfolio APP Jet Centre. The loan amount was not disclosed. The portfolio includes fixed based operations - which provides storage, fueling, and related essential services ...

Jones instigates CSLR review, levy hits $70m

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
... securities dealing. "There was no allowance for a failure like UGC in the levies for the 1 st and 2 nd levy periods (UGC had not failed at the time). This means that CSLR may be limited in its capacity to pay these claims if they are resolved in 2024-25 ...

Civitas appoints new business partner

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
Civitas Services Australia, a financial services provider that helps individuals and firms obtain and manage their Australian Financial Services Licence (AFSL), has appointed a new business partner. The new hire, James McCowan, who's based in Brisbane ...

Coast Advice teams up with New York private investment firm

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
... Haintz said. "Coastal Advice has the vision, the model, and the entrepreneurial spirit to want to continue that growth. It's not just a willingness and desire to do it, but an ability and capacity to do it. We are very excited about our future together." ...

The regulatory pendulum has swung too far: FSC

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
... interests of the government, ASIC, and consumer groups, as well as the industry, for the CSLR to be sustainable. Clearly that is not the case," Briggs said. Briggs argued the scheme's structure doesn't align with consumer expectation, noting that 80% ...

Rest calls for advice reforms, extending SG

ELIZA BAVIN  |  FRIDAY, 31 JAN 2025
... efficiencies across the system. In addition, Rest asked the government to reform the law so family violence perpetrators are not able to inherit their victim's superannuation benefits, co-design with First Nations peoples the development of a holistic ...