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Showing 251 - 260 of 2356 results for "Stage"

Payday Super penalties ramped up ahead of legislation

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2024
... 'stapled' fund as part of the choice of fund to help reduce duplicate accounts. Advertising of super products at this stage will be limited to MySuper offerings that have passed the most recent performance test, Treasury said. Finally, the ATO's ...

Regal sets eyes on Platinum takeover

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
... brings the total value to $1.14 per Platinum share, above our $1.00 standalone fair value estimate for the company. "At this stage, we maintain our fair value estimate with this indicative proposal, which is still subject to board consideration and several ...

Aussies unprepared to manage retirement income

ANDREW MCKEAN  |  THURSDAY, 12 SEP 2024
... credit cards, and saving for expensive items like holidays - and the Superannuation Guarantee has made the accumulation stage of retirement saving far easier, the report noted that a lack of retirement literacy, not financial literacy, remains a crucial ...

Elanor shakes up leadership, sells down fund

KARREN VERGARA  |  TUESDAY, 10 SEP 2024
... manager of ECF. The Elanor Property Income Fund (EPIF) has progressed its divestment of one asset, while two others are at the stage of exclusive due diligence. The board expects all EPIF assets to be divested in the 2025 financial year. "Furthermore ...

Generation Development Group profit jumps

ANDREW MCKEAN  |  THURSDAY, 29 AUG 2024
... legislative tailwinds from the proposed double tax rate on earnings of superannuation balances above $3 million and redesigned Stage 3 tax cut changes," the company said. "We'll continue to innovate our investment bond offering and tax optimised ...

Inflation eases in July

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
... require at least two encouraging quarterly CPI results before it could act, suggest the first potential rate cut at this stage would not come until February next year (after the December quarter CPI result in late January)."

Investment firm becomes cornerstone investor in Finexia

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
Investment firm Factory Capital has become a cornerstone investor in Finexia Financial Group through a $3.73 million private placement subscription. The deal comprises the purchase of 12.46 million Finexia shares at $0.30 each, a 20% premium over its ...

CSC launches series of retirement options

ANDREW MCKEAN  |  FRIDAY, 23 AUG 2024
Commonwealth Superannuation Corporation (CSC) has gone live with its retirement income strategy, unveiling a suite of retirement resources. The super fund said it's among the first to go beyond merely publishing information about what a strategy might ...

Qualitas shines in FY24, Charter Hall contracts

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
... co-founder Andrew Schwartz said there are "compelling risk-adjusted return opportunities in residential private credit at this stage of the economic cycle." "We see significant investor demand for private credit continuing, particularly within the commercial ...

Zenith increases defensive investment as recession risk looms

ELIZA BAVIN  |  WEDNESDAY, 21 AUG 2024
... 12-month low, was triggered in July, a broader range of indicators are not consistent with a recession in the US at this stage," Hennessy said. "Other indicators such as consumer spending and business investment are still growing. We still believe the ...