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Showing 291 - 300 of 8453 results for "Day"

Trump backflips on tariffs but risks remain

ELIZA BAVIN  |  THURSDAY, 10 APR 2025
US President Donald Trump has agreed to a pause in the reciprocal tariffs imposed on all nations, bar China, in excess of 10% for 90 days to encourage nations to go to the negotiating table. However, China saw tariffs increased to 125%, which will drive ...

Cbus plays it steady amid rocky start to the year

ANDREW MCKEAN  |  WEDNESDAY, 9 APR 2025
After a stretch that's favoured equities, particularly passive strategies, which hasn't bode well for active management or diversified portfolios, the tide is beginning to turn, according to Cbus deputy chief investment officer Leigh Gavin. Gavin said ...

Breaches continue as Cbus confirms 'unusual behaviour'

ELIZA BAVIN  |  TUESDAY, 8 APR 2025
Cbus has confirmed it has reported to APRA an "unusually high spike in log-in attempts", impacting around 85 member accounts, which occurred several days after the cyber-attack that impacted other super funds. "At this stage of our inquiries, there ...

Trade war rattles pre-election economic outlook

KARREN VERGARA  |  TUESDAY, 8 APR 2025
... April 3, US President Donald Trump slapped a slew of tariffs on goods imported into the US, ranging from 10% to 50%. The next day, China announced countermeasures, including imposing a 34% tariff on all goods imported from the US. Most Australian-originating ...

Cyberattacks on super funds expose 'critical vulnerability'

ANDREW MCKEAN  |  MONDAY, 7 APR 2025
The spate of cyberattacks targeting major Australian superannuation funds has laid bare a "critical vulnerability" in the sector's defences, according to financial services cybersecurity consultancy firm Software@Scale. The attacks, which have so ...

Lakehouse Capital lists first fund on ASX

ANDREW MCKEAN  |  MONDAY, 7 APR 2025
Boutique investment manager Lakehouse Capital, which manages $600 million, has listed its Global Growth Fund on the ASX today, its first publicly traded offering. Lakehouse Capital co-founder and chief investment officer Donny Buchanan said that listing ...

Market turmoil hits portfolios

ELIZA BAVIN  |  FRIDAY, 4 APR 2025
Following US President Donald Trump's "Liberation Day" tariffs, major stock indexes on Wall Street dropped as much as 6%, losing $4.9 trillion (US$3.1 trillion) in market value, marking the largest decline since March 2020. VanEck Asia Pacific chief ...

The tax system is being weaponised to inflict abuse, ombudsman says

ANDREW MCKEAN  |  THURSDAY, 3 APR 2025
... deferred recovery actions, but too often those are not clearly explained to them when they contact the ATO. At the end of the day, it still means that the victim-survivors are stuck with the debts inflicted on them..." Owen said. "More can be done within ...

Investors brace as US unleashes tariffs

ELIZA BAVIN  |  THURSDAY, 3 APR 2025
... "This is how you sabotage the world's economic engine while claiming to supercharge it," Green said. "It's a seismic day for global trade. Trump is blowing up the post-war system that made the US and the world more prosperous, and he's doing ...

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

ANDREW MCKEAN  |  MONDAY, 31 MAR 2025
... struggled to understand and navigate the claims process. "The money from a death benefit can make a huge difference and each day a trustee delays that payment causes real harm to families. Trustees need to do better," she said. Following the revelation ...