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Showing 361 - 370 of 7674 results for "Deal"

ASIC calls out super 'leaders and laggards'

ELIZA BAVIN  |  THURSDAY, 14 AUG 2025
ASIC commissioner Simone Constant has told super trustees more needs to be done to meet obligations under the Retirement Income Covenant. "We are three years into the Retirement Income Covenant now. Three years since trustees have been obliged by law ...

ETF Shares awards fund administration mandate

MATTHEW WAI  |  TUESDAY, 12 AUG 2025
... chief executive Cliff Man, chief investment officer David Tuckwell, and chief risk officer Arjun Shanker. As part of the deal, Apex Group will provide custody, middle office, fund accounting and unit pricing services to ETF Shares. Apex Group said by ...

Four men charged over sophisticated bond scam

MATTHEW WAI  |  FRIDAY, 8 AUG 2025
Four residents of Victoria have been charged with a slew of money laundering offences for allegedly using fake social media advertisement and investment comparison sites to help run a bond scam. ASIC alleges that between January and July 2021, Dimitrios ...

Guilty plea entered in Ponzi scheme case

JAMIE WILLIAMSON  |  TUESDAY, 5 AUG 2025
A man who carried on a financial services business without and AFSL and duped investors out of nearly $2 million has pleaded guilty to dishonest conduct and dealing with proceeds of crime. Ashley Arandez pleaded guilty to dishonest conduct, unlicensed ...

Lederer Group bids for Elanor Commercial Property Fund

KARREN VERGARA  |  TUESDAY, 5 AUG 2025
... Elanor sold its 12.56% stake in ECF to Lederer Group for nearly $24 million, valuing each share at $0.60. As part of the deal, the Lederer Group committed $50 million in equity capital to support ECF. That meant it had participation in a new investment ...

Treasury launches consultation on CSLR breaching sub-sector levy caps

KARREN VERGARA  |  FRIDAY, 1 AUG 2025
Treasury today launched a consultation on the Compensation Scheme of Last Resort (CSLR), considering options on how to deal with estimates that have drastically exceeded sub-sector levy caps. Released late Friday, the consultation paper is seeking feedback ...

Perpetual Corporate Trust acquires IAM's term deposit broking business

KARREN VERGARA  |  FRIDAY, 1 AUG 2025
... said, adding it determined that such an investment would be better suited to an operator of greater scale. As part of the deal, four staff members from IAM will move to PCT on October 1. "This ensures existing clients will have a seamless transition ...

Australian investment in venture capital lags: SMC

ELIZA BAVIN  |  FRIDAY, 1 AUG 2025
... system; and fix unpaid super with urgent payday super laws, pay super to all under-18 workers, and give a fairer super tax deal to 1.2 million low-income workers by lifting the Low-Income Super Tax Offset. SMC is also asking all policymakers to pledge ...

IFM Investors buys Air Rail

JAMIE WILLIAMSON  |  WEDNESDAY, 30 JUL 2025
IFM Investors acquired 75% of Air Rail, the largest airport ground support equipment (GSE) provider in Spain and Portugal. Headquartered in Madrid, Air Rail owns and leases GSE, like boarding stairs and baggage carts, and provides maintenance services ...

Mulino sits on Tranche 2 for now, grapples with complexity

KARREN VERGARA  |  WEDNESDAY, 30 JUL 2025
... advice industry, Mulino said without pre-judging the outcome of the pending review into the scheme, he will "consider how to deal with an excess of a need for payouts above the sector cap" and where appropriate safeguards are needed. The CSLR's FY26 ...