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Showing 191 - 200 of 4736 results for "July 10"

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 ...

Allianz Retire+ streamlines business, trims workforce

KARREN VERGARA  |  TUESDAY, 26 AUG 2025
Following the exit of its chief executive, Allianz Retire+ has made several positions redundant as it works to streamline the business. While the company declined to comment on how many roles were affected, it is understood it is less than 20% of the ...

ART raises stake in Tabcorp

ELIZA BAVIN  |  WEDNESDAY, 20 AUG 2025
Australian Retirement Trust (ART) has become a substantial shareholder of Tabcorp, now owning 5.072% of shares, representing a 0.02% overweight position based on ART's portfolio construction. Yesterday, Tabcorp disclosed that the super fund had ...

ASIC turns spotlight on direct life sales

KARREN VERGARA  |  TUESDAY, 19 AUG 2025
ASIC is warning life insurers to do better when it comes to their direct sales practices that have placed doubt on their compliance obligations and put consumer outcomes at risk. While some life insurance firms have improved since ASIC's 2018 review ...

Ares launches wholesale infrastructure fund

ELIZA BAVIN  |  TUESDAY, 19 AUG 2025
Ares Management has launched the Ares Core Infrastructure Fund (AUT), an Australian-domiciled unit trust designed to provide wholesale and advised retail clients access to Ares Core Infrastructure Fund (ACI). ACI is a private infrastructure investment ...

Vision Super divests G8 Education over abuse charges

JAMIE WILLIAMSON  |  MONDAY, 18 AUG 2025
Vision Super is divesting G8 Education in response to horrifying allegations of child sex abuse at one of its centres. The company was added to the list of investment exclusions in Vision Super's responsible investment policy on July 27. In June ...

Aberdeen to terminate three funds

MATTHEW WAI  |  MONDAY, 18 AUG 2025
Aberdeen Investments is shutting down three funds due to declining investor demand, which has seen the funds diminish in size. The abrdn International Equity Fund, abrdn Multi-Asset Income Fund, and abrdn Multi-Asset Real Return Fund will be terminated ...

Adamantem Capital buys IT provider from EQT

MATTHEW WAI  |  WEDNESDAY, 13 AUG 2025
EQT is selling Nexon Asia Pacific, acquired via its EQT Mid-Market Asia III fund in 2019, to Adamantem Capital. The transaction fees were undisclosed, and it is pending customary conditions and approvals. Founded in 2000, Nexon is a digital and IT services ...

Elanor rebuffs Lederer's governance concerns

KARREN VERGARA  |  WEDNESDAY, 13 AUG 2025
Elanor Investors Group has clapped back at potential acquirer Lederer Group for making "inaccurate assertions" about its governance and management capabilities. In providing an update on the proposed acquisition of its ASX-listed Elanor Commercial Property ...

PC suggests removing excessive entry requirements for advisers

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
In its fourth of five papers addressing productivity hurdles in Australia's economy ahead of the government's Economic Reform Roundtable, the Productivity Commission (PC) has recommended paring back some of the entry requirements that have impacted ...