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Showing 1 - 10 of 6497 results for "shares"

Budget 2024: Change to foreign investment rules

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... CGT on Amend the point-in-time principal asset test to a 365-day testing period Require foreign residents disposing of shares and other membership interests exceeding $20 million in value to notify the ATO, prior to the transaction being executed "These ...

Australian Food Super closes failed investment option

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
Australian Food Super, previously known as the Australian Meat Industry Superannuation Trust, is closing its Shares product, which failed last year's Your Future, Your Super test. Effective May 27, Australian Food Super is terminating the Shares option ...

Federal Court rejects two CBA class actions

KARREN VERGARA  |  MONDAY, 13 MAY 2024
... this information (or a combination of it) been disclosed, it would have had a material effect on the market price of CBA shares," Justice Yates said. Overall, Justice Yates was not satisfied that if the information was disclosed "at the relevantly pleaded ...

REI Super updates Conservative option

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2024
... Its asset allocation is split across mainly in international bonds hedged (28%), Australian bonds (31%), and Australian shares (8%). The new option aims for investment returns of CPI + 4.5% p.a. over rolling 10-year periods. It invests across in Australian ...

Australian Retirement Trust applies new investment exclusion

ELIZA BAVIN  |  THURSDAY, 2 MAY 2024
... Zero 2050 Roadmap, Australian Retirement Trust will add an exclusion of direct investment in Australian and International shares asset classes for companies that generate more than 10% gross revenue in the most recent year of financial reporting from ...

ART reduces admin fees for high balance accounts

ELIZA BAVIN  |  WEDNESDAY, 1 MAY 2024
... Index), will also have a more diversified investment strategy. Investment options that will close are the Super Savings Shares, Australian Shares, Emerging Markets Shares, Property and Diversified Bonds options.

Brighter Super to close socially responsible options

JAMIE WILLIAMSON  |  TUESDAY, 30 APR 2024
... two socially responsible options. The number of members in the Socially Responsible and Socially Responsible Australian Shares options has been declining and the performance of these options has not met expectations, the fund said, adding it is in members' ...

Plenary Group sells 49% stake to ADQ

KARREN VERGARA  |  MONDAY, 29 APR 2024
... Middle East in 2022, winning mandates that included the Zayed City Schools project. As part of the deal, ADQ will acquire shares from existing Plenary shareholders, including all those owned by Canadian pension fund Caisse de dépôt et placement du ...

Sequoia chief's job at stake in upcoming EGM

ANDREW MCKEAN  |  FRIDAY, 26 APR 2024
... Crole. Sequoia was earlier this month informed by a group of shareholders, that collectively hold at least 5% of the voting shares, of their plan to propose resolutions at a general meeting to remove Crole and non-executive director Kevin Pattison as ...

Link shareholders approve takeover

ELIZA BAVIN  |  FRIDAY, 26 APR 2024
... still requires regulatory approval, but once granted the acquisition should be complete in May 2024. Link said on May 1 shares will be suspended on trading on the ASX and Link Group shareholders will have their shares purchased on May 14. Link chief ...
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