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Showing 241 - 250 of 4594 results for "RAISE"

Taxes and housing dominate election race

ELIZA BAVIN  |  MONDAY, 14 APR 2025
As May 3 steadily approaches, Prime Minister Anthony Albanese and Opposition Leader Peter Dutton have announced some big spending policies to woo voters. If elected, Labor has promised first home buyers a government loan guarantee to purchase a property ...

Three AFS licensees pinged over compliance breaches

ANDREW MCKEAN  |  WEDNESDAY, 9 APR 2025
... ASIC said it's been actively monitoring compliance with the registration requirement for financial advisers and working to raise awareness with licensees and relevant providers. In January, ASIC commissioner Alan Kirkland warned that a failure to comply ...

Barings expands local wealth team

ELIZABETH FRY  |  THURSDAY, 3 APR 2025
... staffers now based in Sydney, Melbourne, and Brisbane. In the new role, he will develop and manage client relationships and raise capital in the local market. Nicoll arrived from Zenith Investment Partners where he worked for 13 years, most recently ...

APRA hits ANZ with $1bn capital penalty

ELIZA BAVIN  |  THURSDAY, 3 APR 2025
The Australian Prudential Regulatory Authority (APRA) has accepted a Court Enforceable Undertaking (CEU) from ANZ to address ongoing weaknesses in the bank's non-financial risk management practices and risk culture. APRA also increased the capital add-on ...

Investors brace as US unleashes tariffs

ELIZA BAVIN  |  THURSDAY, 3 APR 2025
US President Donald Trump has unleashed a barrage of tariffs on just about every country, imposing a blanket 10% tariff on all imports from all countries, plus higher reciprocal tariffs on many countries to offset what he believes are barriers to US ...

EQT closes flagship infra fund at $37bn

MATTHEW WAI  |  WEDNESDAY, 2 APR 2025
EQT Infrastructure VI raised €21.5 billion (AU$37 billion) in total commitments, exceeding the €20 billion target. The capital raising includes the €21.3 billion in fee-generating assets under management and builds on EQT Value-Add Infrastructure's ...

Not one trustee tracked end-to-end claims handling times: ASIC

ANDREW MCKEAN  |  MONDAY, 31 MAR 2025
A review of major superannuation trustees by ASIC found that not even one monitored or reported on the full process of death benefit claims handling. The review of superannuation trustees including, Australian Retirement Trust, Avanteos (Colonial First ...

RBA and ASIC slam the ASX: 'Deeply disappointed'

ELIZA BAVIN  |  MONDAY, 31 MAR 2025
The Reserve Bank of Australia (RBA) and the Australian Securities and Investments Commission (ASIC) have written a damning open letter to the ASX to address their increasing concern over the management of operational risk. In a joint letter to the ASX ...

Modern family offices want values aligned, pioneer companies

KARREN VERGARA  |  FRIDAY, 28 MAR 2025
Family offices of today are aligning their values and principles across all generations to back pioneer companies that will create deep impact and competitive returns, the recent Impact Investment Summit Asia Pacific heard. Speaking at the two-day event ...

Buyout firm nabs GQG executive

ELIZABETH FRY  |  THURSDAY, 27 MAR 2025
EQT, the Swedish buyout firm, has snapped up GQG Partners' long-serving distribution lead. Daniel Bullock - who worked at GQG for six years - has been appointed EQT's head of private wealth in Australia. Under his leadership, GQG's distribution ...