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| | | The corporate regulator has issued stop orders against a commercial property investment firm for misrepresenting the performance risks of one of its funds, including marketing it as 'Covid proof'. An interim stop order was placed on Fawkner Property ... |
| | | | Felicity Walsh will step into her new role as Franklin Templeton's managing director and head of Australia and New Zealand on August 1. Walsh, currently head of sales, will now be part of the APAC leadership team, supporting co-heads Tariq Ahmad ... |
| | | | A new co-investment scheme, backed by family offices and institutional investors, will be made available to first responders and frontline workers, helping them secure a property close to their workplace. Launched today, the Home Owners' Partnering ... |
| | | | Australian Retirement Trust and H.R.L. Morrison & Co are key members of a consortium that will acquire the US fiber infrastructure provider. The consortium, which is led by Morrison & Co, also comprises a managed client of UBS Asset Management. It marks ... |
| | | | In a speech at the Trans-Tasman Business Circle 'Meet the regulators' event, APRA chair Wayne Byres said to expect the performance of super trustees to continue to be the subject of intense scrutiny. On APRA's latest priorities, Byres said ... |
| | | | Aware Super has named Michelle McNally as the founding chief executive of its new property platform, Aware Real Estate. Aware Super established Aware Real Estate to oversee its directly owned Australian build to rent industrial and office property portfolio. ... |
| | | | Australia's life insurance industry will soon have a new peak body, the Council of Australian Life Insurers (CALI). Expected to launch later this year, CALI is the brainchild of a collective of life insurers who believe it is now time for the sector ... |
| | | | The initiatives have a strong focus on women's financial security, including increasing home ownership rates among females. Westpac has expanded eligibility for its existing Lender's Mortgage Insurance (LMI) Waiver to include more health professions. ... |
| | | | HESTA has submitted that applying the United Nations Declaration of the Rights of Indigenous Peoples (UNDRIP) principles in Australia would lead to greater certainty and returns for super members. HESTA chief executive Debby Blakey said as a super fund ... |
| | | | Following its planned merger with AustralianSuper next month, the deputy chief executive of LUCRF Super will join Cbus' leadership team. Antony Thow has been appointed group executive of brand, growth and product, effective July. His appointment follows ... |
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