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Showing 21 - 30 of 4616 results for "Holding"

Inquiry rips into Diversa: 'All profit, no responsibility'

KARREN VERGARA  |  MONDAY, 7 SEP 2026
... already acknowledged deficiencies in its due diligence framework relating to First Guardian and questioning why a 50% holding limit was never enforced despite being considered an important safeguard. "You list it. You let it rip. All profit, no responsibility. ...

Banned SMSF auditor sentenced for falsifying reports

VINNY VUCAGO  |  THURSDAY, 3 SEP 2026
... the time, ASIC said SMSF auditors were key gatekeepers for the sector, providing assurance over more than 625,000 SMSFs holding more than $990 billion in assets. Between July 2023 and June 2024, ASIC made 46 decisions involving approved SMSF auditors ...

Australian economy growth 'stronger than expected'

RIDDHIMA TALWANI  |  THURSDAY, 3 SEP 2026
... higher interest rates and global uncertainty, but it is encouraging to see both dwelling investment and building approvals holding up," Treasurer Jim Chalmers said. Productivity remained flat in the quarter across the economy and up 0.2% in the market ...

Federated Hermes partners with Conduit Digital

VINNY VUCAGO  |  WEDNESDAY, 2 SEP 2026
Federated Hermes has entered a strategic alliance with Singapore based Conduit Digital Holdings to launch a regulated tokenised money market fund distribution structure across the Asia Pacific (APAC) region, including Australia. Under the arrangement ...

KKR to pocket $24bn from USI sale

MATTHEW WAI  |  TUESDAY, 1 SEP 2026
KKR, alongside other co-investors, have agreed to sell USI Insurance Services to Aon for $24 billion (US$17bn). USI is an insurance brokerage and consulting business across risk, employee benefits and retirement solutions, and boast more than 10,500 ...

Pacific Current eyes return to active management

RIDDHIMA TALWANI  |  THURSDAY, 27 AUG 2026
... and externalised management of its portfolio. The move follows a year of asset sales that left the firm debt-free and holding $158 million in cash. It has received a proposal from River Capital, a major shareholder and an established Australian investment ...

VanEck cuts fees on gold ETF

ELIZA BAVIN  |  MONDAY, 24 AUG 2026
VanEck announced it is reducing the management fee for its Gold Bullion ETF (ASX: NUGG) to 0.14% per annum, effective 1 September 2026. VanEck chief executive and managing director, Asia Pacific, Arian Neiron said NUGG will be the most-effective way ...

AMP North appoints head of strategic growth

RIDDHIMA TALWANI  |  MONDAY, 24 AUG 2026
... growth, marking her return to the financial services giant after two decades. Kirk previously spent 10 years with the group, holding roles within AMP Financial Planning and AMP Adviser Services before departing in 2006. Kirk will lead strategic sales ...

Second bidder emerges for Equity Trustees

MATTHEW WAI  |  MONDAY, 24 AUG 2026
Following TPG Global's initial bid for Equity Trustees' holding company last week, a local investor has joined with an improved offer. EQT Holdings (ASX: EQT) has received a proposal from BGH Capital to acquire 100% of the outstanding shares in ...

First Guardian victims advance in case against InterPrac

KARREN VERGARA  |  FRIDAY, 21 AUG 2026
... sums, which were calculated based on determinations set by the Australian Financial Complaints Authority (AFCA), in a holding account with the Federal Court. Melinda Kee lost $380,000 of her retirement savings when she invested it in First Guardian ...