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| | | ... people. In response, Chalmers welcomed the input saying Spender was approaching the topic in a "constructive way" but stopped short of addressing whether the government would consider other forms of tax reform. "I think the opposition, frankly, could ... |
| | | | Custodians are stepping up as regulators target super funds' $3.5 trillion private asset rush. Australia's super funds face mounting scrutiny over their rapid shift into private markets, as concerns grow about transparency, valuations and liquidity ... |
| | | | In its submission to the government's Economic Roundtable, Rest has called for reforms to the superannuation performance test among a range of other measures. In its submission, Rest said the superannuation performance test needs to be reformed to cater ... |
| | | | ... quarter were about $600 million, which came from a range funds and asset classes. This includes PM Capital's global long-short and enhanced-yield strategies, Taurus Funds Management's mining finance fund, Merricks Capital credit strategies and co-investments ... |
| | | | ... years. Currently, ASIC is suing Macquarie Securities, the broking arm, for repeated and systemic misleading conduct in its short-sale reporting to the market operator, supposedly misreporting millions of trades for 14 years. Another action relates to ... |
| | | | ... performing track record against other options when, in fact, it had a limited trading history and only been in existence for a short period, ASIC said. "ASIC has reason to believe that each of the advisers is not a fit and proper person, is not adequately ... |
| | | | A financial planning group that began life as a fintech start-up is enjoying a rapid growth phase. Picture Wealth Advisory leads the top 10 AFSLs with the highest number of new advisers in the year to June, based on a new financial adviser report released ... |
| | | | Slater and Gordon Lawyers are investigating a potential class action on behalf of investors in First Guardian Master Fund and Shield Master Fund for allegedly operating a Ponzi scheme with thousands of Australians' superannuation savings. Slater and ... |
| | | | ... gigawatts (GW) in the next decade. "Looking ahead, we've estimated that in order [to accommodate] Australia's need for short- and medium-term reliability requirements and our long-term commitments to net zero - we'll need to invest about ... |
| | | | ... their capital can influence lending decisions. Being private also means family offices are not swayed by public markets and short-term thinking," Gottlieb said. "Because it's a family investment, often these investors take a long-term view and see ... |
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