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Showing 231 - 240 of 4362 results for "FIG"

APRA reprimands Cbus, BUSSQ over governance issues

ANDREW MCKEAN  |  WEDNESDAY, 14 AUG 2024
APRA has imposed additional licence conditions on Cbus and BUSSQ over governance concerns in the wake of the CFMEU scandal. The prudential regulator's additional licence conditions stipulate that Cbus' trustee, United Super, and BUSSQ bring ...

Challenger pre-tax profit up 17%, raises dividend to 26.5c

ANDREW MCKEAN  |  TUESDAY, 13 AUG 2024
Challenger reported a normalised net profit before tax (NPBT) increase of 17% to $608 million and raised its full-year dividend by 10% to 26.5 cents per share fully franked, in its FY24 results released today. The financial services group said its NPBT ...

Custody assets exceed $5tn milestone

JAMIE WILLIAMSON  |  TUESDAY, 13 AUG 2024
While assets under custody have climbed in Australia, surpassing $5 trillion for the first time, some key players have seen theirs take a dive. Tallying up the assets under custody in Australia to June 30, the Australian Custodial Services Association ...

CFMEU fallout stokes governance debate

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
The ongoing scandal surrounding the Construction, Forestry, and Maritime Employees Union (CFMEU) has called into question the governance settings within the industry superannuation fund sector, with some suggesting boards no longer require - or benefit ...

What Yarra Capital is buying in the dip

ELIZA BAVIN  |  THURSDAY, 8 AUG 2024
Global markets were rocked at the start of this week over fears of a potential US recession after a higher-than-expected jump in US unemployment figures. But Yarra Capital head of macro and strategy Tim Toohey said while the risk of a recession in the ...

Chalmers 'confident but not complacent' on economic prospects

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
Treasurer Jim Chalmers has spoken out on the likelihood of Australia falling victim to the impacts of a potential US recession. This comes after global markets sustained a major sell-off, with the ASX losing $102 billion on Monday, after US data revealed ...

Inflation rises but RBA hike not inevitable

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
The Consumer Price Index (CPI) rose 1% in the June quarter and 3.8% annually, according to the latest data from the Australian Bureau of Statistics (ABS). "The June quarter rise is the same as the 1% rise in the March 2024 quarter," ABS head of price ...

FICAP RockStar raises over $100k for charity partners

JAMIE WILLIAMSON  |  FRIDAY, 26 JUL 2024
An analyst at KPMG took out the top prize at the Finance Industry Community Aid Program's annual RockStar event, which raised more than $100,000 for charity. Performing at The Beresford in Sydney's Surry Hills last night, KPMG senior audit analyst ...

More than 11k businesses call in administrators

MATTHEW WAI  |  FRIDAY, 26 JUL 2024
ASIC's annual insolvency data shows more than 11,000 companies entered external administration for the first time last financial year. While the figure is higher than previous peaks in 2011-12 and 2012-13, ASIC clarified that there are more businesses ...

Consultation opens on tax practitioners' registration

KARREN VERGARA  |  MONDAY, 22 JUL 2024
Treasury has opened consultation on reforming the registration framework for tax practitioners, reviewing the key areas of education, qualification, and experience requirements. The consultation is part of the government's response to the PwC tax ...