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

Search Results

Showing 1921 - 1930 of 34154 results for "Over"

In race for talent, Frontier Advisors beefs up senior ranks

MICHELLE BALTAZAR  |  THURSDAY, 28 AUG 2025
... Dhariwal as senior people and culture business partner. In a statement, Frontier said that Berriman, who joined the group over two years ago, has been instrumental in the capital markets and asset allocation team, leading the oversight of portfolio design ...

Shield-linked advice firm director, compliance manager banned

JAMIE WILLIAMSON  |  THURSDAY, 28 AUG 2025
... policy, and failed his gatekeeper functions, ASIC said. So far, four of MWL's financial advisers have been banned by ASIC over their involvement in the Shield debacle. They are Isaac McQueen, Matthew Bradley, Rocco D'Amelio, and Robert Crossing. ...

ATO eyes SMSF illegal early access

KARREN VERGARA  |  THURSDAY, 28 AUG 2025
The Australian Taxation Office (ATO) will continue to tighten controls around early access of SMSF money as it grapples to contain those who access it illegally. The ATO said the growing frequency in accessing super early has forced it to make enforcement ...

Perpetual flags 'uncertainty' over wealth management sale

ELIZA BAVIN  |  THURSDAY, 28 AUG 2025
Perpetual took a slight hit in underlying profit after tax - down 1% to $204.1 million - flagging outflows in the asset management business and a softer performance in wealth management due to "uncertainty" surrounding its ownership. Despite the uncertainty ...

Aware Super invests in $1bn venture

MATTHEW WAI  |  THURSDAY, 28 AUG 2025
... the consortium will fund Eelpower Energy to build, own, and operate grid-scale battery storage assets, aiming to deliver over 1 gigawatt (GW) of new battery storage capacity nationwide. Aware Super said the contribution will be vital for the UK's transition ...

Australian Ethical FUM approaches $14bn

MATTHEW WAI  |  THURSDAY, 28 AUG 2025
... FY25, which was a result of positive net flows, the acquisition of Altius Asset Management and strong investment performance over the period, Australian Ethical said. Meanwhile, statutory net profit after tax (NPAT) was $19.9 million, up 68% on FY24 ...

ASIC flags firm grip on private and public markets, super funds

KARREN VERGARA  |  WEDNESDAY, 27 AUG 2025
... market listings, booming private markets and the growing influence of superannuation funds as key enforcement priorities over the next four years, insisting that it is not sitting on the sidelines. The watchdog singled out drastic changes in these three ...

Inflation hits highest level in over a year

ELIZA BAVIN  |  WEDNESDAY, 27 AUG 2025
The monthly Consumer Price Index (CPI) indicator rose 2.8% in the 12 months to July 2025, according to the latest data from the Australian Bureau of Statistics (ABS). "The 2.8% annual CPI inflation to July was up from 1.9% to June. This is the highest ...

Centrepoint Alliance profits down $2.6m

MATTHEW WAI  |  WEDNESDAY, 27 AUG 2025
Centrepoint Alliance saw its net profit after tax (NPAT) reduced by over $2.6 million in FY25 on the back of increased expenses. Centrepoint Alliance reported $40.9 million in gross profit for FY25, a 13% or $4.8 million increase from the prior corresponding ...

Commonwealth Super delivers 'resilient' performance for FY25

MATTHEW WAI  |  WEDNESDAY, 27 AUG 2025
... 5.6%, based on an inflation rate of 2.1%. In FY24, CSC's default MySuper investment option delivered a healthy 9.1% return over the past financial year, while its aggressive option generated a "very strong" 10.6% return. CSC, with over $70 billion in ...