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Showing 271 - 280 of 6145 results for "Money"

Labor proposes changes to ancillary funds

KARREN VERGARA  |  WEDNESDAY, 11 JUN 2025
... is also known as an ancillary fund under tax law and is a trust set up and maintained solely for the purpose of providing money, property or benefits to deductible gift recipients (DGRs). Two types exist: private giving funds (PGFs) and public giving ...

Syfe plots major Australian expansion

JAMIE WILLIAMSON  |  THURSDAY, 5 JUN 2025
... more Australians to be in control of their wealth and future, and this raise will help us deliver on that promise." The money raised was part of the company's Series C round, which has so far hit $123 million (US$80m).

Islamic finance industry association established

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JUN 2025
... members of the association are Salaam, Islamic Co-operative Finance Australia, Ijarah Finance, Benchmark Capital, Islamic Money Australia, and Awqaf Australia. The group said it will be initially focused on: advocating for stamp duty and taxation changes ...

Australia's billionaire boom branded 'morally wrong' by Oxfam

ANDREW MCKEAN  |  TUESDAY, 3 JUN 2025
... tool we have to ensure a more fair and equal society. "When tax loopholes are closed for the wealthiest, there will be more money in the budget for healthcare, affordable housing, action on climate change and ending poverty."

Superhero plans 'mass affluent' wealth play

JAMIE WILLIAMSON  |  MONDAY, 2 JUN 2025
... without the need for financial advice. The new offerings will be funded by a recently completed $11 million capital raise; the money came from existing investors, including Perennial Private, Regal Funds Management, Zip's Larry Diamond, and Afterpay's ...

Industry funds feast, retail funds snack, corporate funds freefall

ANDREW MCKEAN  |  THURSDAY, 29 MAY 2025
... AMP Signature Super - AMP MySuper 1980s (6.6%), Vanguard Super SaveSmart - Lifecycle Age 47 and under (6.5%), and Virgin Money SED - LifeStage Tracker 1984-1988. Interestingly, every top performing MySuper product was a lifecycle fund, with retail funds ...

QSuper settles $67m class action

ANDREW MCKEAN  |  WEDNESDAY, 28 MAY 2025
... spokesperson also said no member funds will be used to settle the class action. "The settlement amount will come out of money that had already been set aside by QSuper to provide for the potential liability from the class action, which was put into a ...

ASIC tells super: 'You have everything you need to not fail'

ELIZA BAVIN  |  WEDNESDAY, 28 MAY 2025
... hopefully we don't need to end up in court and having to bring penalties. "Instead of a debate being held about whether money is paid for a fine, actually invest into systems, the right processes and the right arrangements so that the responsibilities ...

Responsible investing buoyed by instos: RIAA

KARREN VERGARA  |  WEDNESDAY, 28 MAY 2025
... single biggest driver of responsible investments, while 88% of Australians say they expect investment experts to manage their money responsibly and ethically. Further, RIAA's members currently represent more than 75% of the professionally managed ...

Cost-of-living, unaffordable advice fuels financial stress: Surveys

KARREN VERGARA  |  MONDAY, 26 MAY 2025
... relevant tools to help build their confidence and take control of their finances," she said. Incidentally, MLC has launched Money View, a digital tool that helps users budget, track expenses and financial goals, and provide values on a home or investment ...