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Showing 411 - 420 of 10623 results for "Mad"

Australian Unity reveals profit turnaround

ELIZA BAVIN  |  FRIDAY, 29 AUG 2025
In the year to 30 June 2025, Australian Unity reported consolidated revenues of $2.6 billion, up $505.6 million. Adjusted EBITDA from continuing operations was $136.2 million, an increase of $65.8 million, and statutory profit after tax of $26.6 million ...

Montgomery to distribute digital assets fund

JAMIE WILLIAMSON  |  WEDNESDAY, 27 AUG 2025
Montgomery Investment Management is partnering with Digital Asset Funds Management (DAFM) to distribute the latter's fund to wholesale investors. DAFM is a Sydney-based investment boutique and runs the Digital Income Fund. The strategy offers two investment ...

QIC harvests rare earth elements to turbocharge net zero transition

MATTHEW WAI  |  WEDNESDAY, 27 AUG 2025
QIC has made an investment via its $150 million QIC Critical Minerals and Battery Technology Fund (QCMBTF) to support Ark Mines' Sandy Mitchell Rare Earths Project. The project, located 230km northwest of Cairns, contains significant resources of ...

Allianz Retire+ streamlines business, trims workforce

KARREN VERGARA  |  TUESDAY, 26 AUG 2025
Following the exit of its chief executive, Allianz Retire+ has made several positions redundant as it works to streamline the business. While the company declined to comment on how many roles were affected, it is understood it is less than 20% of the ...

Equity Trustees sued over Shield Master Fund failures

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
Equity Trustees will face court over its alleged due diligence failures concerning the Shield Master Fund. ASIC flagged that as a superannuation trustee, Equity Trustees oversaw the investment of around $160 million of retirement savings into Shield ...

Super funds should prompt members on death benefits: SCA

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
Super Consumers Australia (SCA) has called on superannuation funds to do more to prompt members to complete a binding nomination and clearly communicate why it is important they have one. This comes as SCA released new research showing that 36% of Australians ...

New Forests beefs up local landscapes fund

JAMIE WILLIAMSON  |  MONDAY, 25 AUG 2025
New Forests is acquiring close to 50% of McPhee Beef Farms in New South Wales and will look to implement more regenerative agriculture practices and reduce its emissions. The acquisition is being made via New Forests' Australia New Zealand Landscapes ...

Liquidity issues hurting Healthbridge Capital investors

KARREN VERGARA  |  FRIDAY, 22 AUG 2025
Healthbridge Capital investors have been locked out of their money since March amid a liquidity crunch as corporate regulator ASIC stays mum about its knowledge or investigation into the potential collapse of another managed investment scheme. A significant ...

APRA sets higher cybersecurity expectations for trustees

KARREN VERGARA  |  FRIDAY, 22 AUG 2025
Trustees' cyber-resilience is riding high on APRA's enforcement agenda over the next four years, but in the short term the regulator warned it will escalate action where necessary if they cannot prove to have basic measures in place. The prudential ...

CareSuper adds three to investments team

JAMIE WILLIAMSON  |  THURSDAY, 21 AUG 2025
Two new portfolio managers and an investment communications manager have joined the super fund. CareSuper chief investment officer Suzanne Branton said the appointments come as the investment team enters "an exciting and dynamic phase of growth." Caroline ...