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Showing 201 - 210 of 3290 results for "Power"

HESTA's admin move results in extra licence conditions

JAMIE WILLIAMSON  |  THURSDAY, 11 DEC 2025
APRA is imposing additional licence conditions on HESTA, finding it was inadequately prepared to effectively oversee and manage its recent administrator change. Earlier this year, HESTA switched administration providers, transitioning from MUFG to GROW ...

Ontario Teachers' sells majority stake in Sydney desalination plant

ANGELIQUE MINAS  |  TUESDAY, 9 DEC 2025
Ontario Teachers' Pension Plan (OTPP) has sold its 60% stake in the Sydney Desalination Plant (SDP) to Utilities Trust of Australia (UTA). The asset has been co-owned by the two firms since 2012, with UTA previously owning 40% of SDP and acquiring ...

ASIC sues Diversa for First Guardian failures

KARREN VERGARA  |  TUESDAY, 9 DEC 2025
ASIC is suing Diversa Trustees for its role in the collapse of the First Guardian Master Fund, in which $300 million of member money was invested. In the Federal Court, ASIC put forth several allegations, starting with Diversa failing to conduct adequate ...

Women in Super announces new board line-up

ELIZABETH FRY  |  THURSDAY, 4 DEC 2025
The lobby group for women's financial security in retirement has refreshed its board, appointing two new directors and welcoming back a former member as it sharpens its focus on advocacy, equity and industry engagement. First up is Carla De Campo ...

CEFC invests $35m in Starling Energy

ELIZA BAVIN  |  TUESDAY, 2 DEC 2025
... retail brand Plico. CEFC said the investment will help reduce household energy bills and accelerate the rollout of Virtual Power Plant (VPP) services, underpinned by the uptake of Plico's solar and battery systems across Australia. Starling Energy's ...

Morningstar widens private credit coverage, kicks off with Metrics

RIDDHIMA TALWANI  |  FRIDAY, 28 NOV 2025
Morningstar will kick start ratings coverage of Australian private credit and private equity funds from next year, picking Metrics Credit Partners for its first assessment. The research house said that while the private credit ratings will be available ...

Maria Lykouras nabs new chief gig

JAMIE WILLIAMSON  |  THURSDAY, 27 NOV 2025
The former chief executive of JBWere is taking on a new role, leading an industry association. Maria Lykouras will take over as chief executive of the Stockbrokers and Investment Advisers Association (SIAA) from next week. She replaces Judith Fox, who ...

Australian Ethical Super handed extra licence conditions

JAMIE WILLIAMSON  |  THURSDAY, 27 NOV 2025
The prudential regulator has flagged concerns over the fund's investment management arrangements with its parent company and whether the fees involved are in members' best financial interests. APRA reviewed Australian Ethical Superannuation's related-party ...

Government cracks down on financial abuse via coerced directorships

RIDDHIMA TALWANI  |  THURSDAY, 27 NOV 2025
... directorships are generally observed in small to medium sized businesses, as well as intimate partner relationships where there is a power imbalance. "Coerced directorships undermine the integrity of corporate and tax systems by allowing perpetrators ...

CalSTRS secures US$190m settlement against Meta

JAMIE WILLIAMSON  |  TUESDAY, 25 NOV 2025
The California State Teachers' Retirement System (CalSTRS) has won a landmark settlement against current and former directors and officers of Meta. The derivative lawsuit was brought to the Delaware Court of Chancery several years ago on behalf of Meta ...