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Showing 211 - 220 of 2985 results for "ARRA"

BUSSQ loses legal bid to overturn additional licence conditions

ANDREW MCKEAN  |  MONDAY, 3 FEB 2025
Industry superannuation fund BUSSQ has lost its legal challenge against APRA, with the Federal Court dismissing its bid to overturn additional licence conditions. Last August, APRA imposed additional licence conditions on BUSSQ's trustee over concerns ...

QIC puts money into US aviation infrastructure

MATTHEW WAI  |  FRIDAY, 31 JAN 2025
QIC has completed a debt financing transaction with US-based Ridgewood Infrastructure's airplane hangar infrastructure portfolio APP Jet Centre. The loan amount was not disclosed. The portfolio includes fixed based operations - which provides storage ...

Government to streamline financial reporting

ELIZA BAVIN  |  FRIDAY, 24 JAN 2025
Treasurer Jim Chalmers has announced the release of a consultation paper to gather insights and feedback on how to restructure Australia's financial reporting architecture with the aim to make it more efficient, effective, and fit for purpose. Chalmers ...

Super admin providers face reckoning in 2025: Finura

KARREN VERGARA  |  MONDAY, 20 JAN 2025
More companies will divest their superannuation administration offerings in 2025, according to Finura, as super funds potentially move this service in-house amid tighter scrutiny from the regulators. ASIC suing Cbus for poor member claims experience ...

MA Financial readies first LIT for launch

MATTHEW WAI  |  MONDAY, 20 JAN 2025
MA Financial will soon launch its first listed investment trust (LIT), the MA Credit Income Trust (ASX:MA1). MA Financial has so far secured $171 million in commitments for MA1, which is expected to launch on the ASX on March 5. The fund is set to offer ...

Insignia grants CC Capital limited due diligence

ELIZA BAVIN  |  MONDAY, 20 JAN 2025
Insignia Financial has granted CC Capital Partners a limited period of access for the provision of due diligence after it received a revised takeover offer last week. On January 17, Insignia received a revised non-binding and indicative proposal from ...

Why more women aren't in financial services

ELIZA BAVIN  |  FRIDAY, 17 JAN 2025
Financial services firms are pushing to hire more women, with only 36% of roles currently held by women in the sector, according to new data from Robert Walters. But while they want more women in their ranks, a spokesperson for Robert Walters said one ...

Bell Financial expects revenues, profits to rise

ANDREW MCKEAN  |  THURSDAY, 16 JAN 2025
Bell Financial Group (BFG) has said it expects to report an increase in full-year revenue and profit, ahead of its results announcement in February. The broker forecast that full-year revenues will rise 12% to $276 million (FY23: $247 million). It also ...

How to simplify super to get better retirement outcomes: Mercer

ANDREW MCKEAN  |  MONDAY, 13 JAN 2025
The superannuation system has lacked a clear direction for the provision of retirement outcomes, and while this is gradually changing, there remains a need to make it simpler for Australians, according to a Mercer report. The Australian retirement income ...

UBS injects $100m into Centuria Bass

ELIZA BAVIN  |  MONDAY, 13 JAN 2025
Centuria Bass Credit, the real estate funding solutions provider, has expanded its debt warehouse facility with an additional $100 million senior secured commitment from UBS. The additional funding increased Centuria Bass' debt warehouse facility to ...