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Showing 421 - 430 of 7595 results for "Know"

AustralianSuper bins WiseTech stake

ANDREW MCKEAN  |  THURSDAY, 27 MAR 2025
... here. Once the directors resigned, it decided to sell out. The fund quietly sold down its remaining stake, letting WiseTech know on Wednesday. AustralianSuper head of Australian equities Shaun Manuell said the fund had been a shareholder and "strong ...

Labor accelerates defence spending

KARREN VERGARA  |  TUESDAY, 25 MAR 2025
The defence portfolio will grow to $57.6 billion over the next decade as the Albanese government tightens national and economic security amid growing geopolitical tensions. As announced last year, the government will invest an additional $50.3 billion ...

Budget deficit to balloon to $42.1bn

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
... struck an optimistic tone when delivering the Budget, saying Australia's economic progress has been "remarkable". "When we know the global economy is taking a turn for the worse. Our progress and our prospects validate and vindicate the decisions ...

Non-compete, restraint clauses to be outlawed

JAMIE WILLIAMSON  |  TUESDAY, 25 MAR 2025
From 2027, employers will no longer be able to impose non-compete clauses on employees earning less than $175,000. They will also not be able to exploit loopholes that block staff from joining competitors. Announced as part of the Federal Budget for ...

Regal slashes holdings in Opthea over insolvency concerns

KARREN VERGARA  |  TUESDAY, 25 MAR 2025
Regal Asian Investments (ASX:RG8) has significantly devalued its holdings in biopharmaceutical company Opthea after the latter flagged insolvency concerns amid the failure of a major clinical trial. RG8 has been forced to drop Opthea's value to ...

Australians 'overwhelmed' by retirement: Aware

ELIZA BAVIN  |  MONDAY, 24 MAR 2025
... that too many people don't understand their options or how to make the most of their superannuation in retirement. We also know that many people are feeling uncertain about the future more broadly," Stewart said. "What's great is that there is a growing ...

State Super: In decline but doing fine

ANDREW MCKEAN  |  FRIDAY, 21 MAR 2025
... have a clear identification of what it is we do. The marketing team aren't going to get us more members and more funds. We know what the path of the funds leaving is - that's a benefit others don't have... and by narrowing and focusing, we've succeeded," ...

Frontier promotes staffers

ELIZABETH FRY  |  THURSDAY, 20 MAR 2025
Frontier Advisors has promoted three of its team and added an analyst to its growing research pool. Cathryn Goh and Uday Bachan have been elevated to the role of consultant from their prior positions of associate. Bachan, who started at the firm four ...

Jones calls out super sector, hints at more reform

ELIZA BAVIN  |  THURSDAY, 20 MAR 2025
Assistant Treasurer and Minister for Financial Services Stephen Jones told Financial Standard that the government's work on reforming the superannuation sector is not done. Speaking on the Financial Standard podcast, Jones praised the positive aspects ...

Rest kickstarts in-house global equities trading

JAMIE WILLIAMSON  |  WEDNESDAY, 19 MAR 2025
After about 18 months in the works, Rest's internal global equities team is now running its first mandate. The team has been handed $300 million to invest on behalf of the fund's members, with plans to progressively increase the mandate over ...