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Showing 251 - 260 of 3895 results for "Read"

Labor proposes changes to ancillary funds

KARREN VERGARA  |  WEDNESDAY, 11 JUN 2025
... guidelines. This allows funds to adjust their investment strategy, if necessary, in response to the new rate," the paper read. A giving fund is also known as an ancillary fund under tax law and is a trust set up and maintained solely for the purpose ...

Aged care reforms pushed to November

JAMIE WILLIAMSON  |  THURSDAY, 5 JUN 2025
The government is delaying the implementation of the new Aged Care Act until November 1 following widespread concerns that stakeholders weren't given enough time to prepare. The new legislation was due to commence from 1 July 2025. Now, it will be effective ...

HESTA turns the lights back on after service shutdown

ANDREW MCKEAN  |  WEDNESDAY, 4 JUN 2025
HESTA has completed the transition of its member administration services to GROW Inc, restoring online services after a seven-week disruption to transactions and app access. HESTA, which has over one million members, said this marked the end of one ...

Minimum wage to rise 3.5%

JAMIE WILLIAMSON  |  TUESDAY, 3 JUN 2025
... per week, up about $32, or an annual salary of $51,512. Accounting for inflation, which came in at 2.4% at the most recent read, it is a real wage increase of 1.1% - one of the largest awarded by the Fair Work Commission in its history. The Fair Work ...

Retirement confidence highest since 2020: SSGA

MATTHEW WAI  |  TUESDAY, 3 JUN 2025
Despite persisting cost-of-living pressures, economic uncertainty, and heightened retirement costs, retirement confidence has increased from 24% in 2023 to 33% in 2025. Australia now sits just behind the US (34%) as one of the most optimistic countries ...

Centuria divests three industrial assets

ANDREW MCKEAN  |  TUESDAY, 27 MAY 2025
Centuria Capital has divested three industrial assets in Southeast Queensland at an average sales premium of 25%. The real estate funds manager said it capitalised on strong investment demand for industrial assets, benefiting from tailwinds created ...

DASH partners with S64

ELIZA BAVIN  |  THURSDAY, 22 MAY 2025
DASH Technology Group (DASH) and S64 have announced a strategic partnership designed to enhance access to private market investments for financial advice firms and their clients. Through the partnership, Australian advisers will have access to private ...

Zurich fined over false and misleading statements

MATTHEW WAI  |  MONDAY, 19 MAY 2025
Zurich Australia has paid two infringement notices totalling $37,560 issued by the Australian Securities and Investments Commission (ASIC) over alleged false and misleading statements to two policyholders. In May 2024, Zurich declined two trauma insurance ...

Hearts & Minds appoints operating chief

ELIZABETH FRY  |  THURSDAY, 15 MAY 2025
Hearts & Minds Investments has hired a chief operating officer, promoting from within. The six-year-old philanthropic listed investment company has announced the elevation of Maggie O'Neil to the position from head of marketing and operations. As ...

SMC highlights long-term benefits of investing in private markets

MATTHEW WAI  |  THURSDAY, 15 MAY 2025
... higher risk-adjusted returns, which suggests they have captured a return premium for investing in these assets," the paper read. "To continue to deliver such strong investment returns..., it is imperative that the system settings continue to support ...