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Showing 171 - 180 of 41951 results for "Aust"

Macquarie Asset Management earnings soar to $2.6bn

KARREN VERGARA  |  FRIDAY, 8 MAY 2026
Macquarie Asset Management's (MAM) earnings soared to $2.6 billion largely driven by bumper performance fees charged on its private markets transactions. MAM's net profit jumped 27% in its full-year reporting period ending March thanks to private ...

Performance test reforms to curb benchmark hugging: Treasury

KARREN VERGARA  |  FRIDAY, 8 MAY 2026
Treasury is addressing benchmarking-hugging incentives encouraged by the superannuation performance test in a new round of consultations that aim to overhaul several "unintended consequences" it has created over the last five years. Treasury acknowledges ...

Bell Financial looks to diversify revenue, targets 'holistic' strategy

RIDDHIMA TALWANI  |  FRIDAY, 8 MAY 2026
Bell Financial Group (BFG) said it will continue to diversify its revenue streams to transform into a broader and more holistic wealth manager to respond to the changing structural landscape of the Australian wealth industry. It reported unaudited net ...

Advice industry can't afford CSLR to be an 'unsustainable mess': FAAA

MATTHEW WAI  |  FRIDAY, 8 MAY 2026
A recent survey conducted by the Financial Advice Association Australia (FAAA) shows the Compensation Scheme of Last Resort (CSLR) levy will increase the cost of financial advice and may see a significant departure of advisers from the industry. The ...

TelstraSuper did fall foul of IDR obligations: Federal Court

JAMIE WILLIAMSON  |  FRIDAY, 8 MAY 2026
TelstraSuper failed to respond to many complaints within the mandated 45-day period and, in some cases, failed to justify the delay or inform members of their right to complain to the Australian Financial Complaints Authority (AFCA), the Federal Court ...

ART, Mubadala back CBRE's infrastructure platform

RIDDHIMA TALWANI  |  FRIDAY, 8 MAY 2026
Australian Retirement Trust (ART) has joined a consortium of global investors including Abu Dhabi's sovereign wealth fund Mubadala, in funding CBRE Investment Management-backed critical infrastructure platform Accelerate. Accelerate Infrastructure Opportunities ...

Platinum Asset Management awards back-office mandate to Apex Group

MATTHEW WAI  |  FRIDAY, 8 MAY 2026
Platinum Asset Management has appointed Apex Group to handle its registry, administrative, and custody services, effective May 11, alongside some investment changes. Under the new mandate, a new online web portal will be available, pending further details ...

Fintech AUDC hires former UBS director, expands senior team

MICHELLE BALTAZAR  |  THURSDAY, 7 MAY 2026
Digital payments platform AUDC has announced two senior hires, including the appointment of a former director at UBS. The Melbourne-based firm has named Jason Beale as its new head of product and operations, with a focus on expanding the group's institutional ...

Lead generation a 'conveyor belt of harm': Longo

RIDDHIMA TALWANI  |  THURSDAY, 7 MAY 2026
Departing ASIC chair Joe Longo said the most effective way to tackle unscrupulous actors in lead generation activity would be to stop it at the source and ban all unlicensed communications. Speaking at the Financial Counselling Australia conference ...

BNP Paribas expands APAC presence with new appointment

ELIZA BAVIN  |  THURSDAY, 7 MAY 2026
BNP Paribas has appointed Gary O'Brien as head of financial intermediaries and corporates (FI&C) client line for securities services in Asia Pacific, effective immediately. Based in Australia, O'Brien will report to Franck Dubois, head of Asia Pacific ...