Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 431 - 440 of 10665 results for "May 1"

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 ...

ASIC freezes assets of First Mutual Private Equity

MATTHEW WAI  |  FRIDAY, 22 AUG 2025
... million of investor funds is at risk. ASIC is investigating FMPE and Cotton, alleging $53 million intended for investment may "have not been used for that purpose and may be at risk." Financial Standard understands ASIC believes the funds run by FMPE ...

Funds SA pushes for efficiencies with AI targets

JAMIE WILLIAMSON  |  TUESDAY, 19 AUG 2025
Targets around the use of artificial intelligence (AI) will be baked into the performance plans of every staff member at the centralised investment manager. Funds SA is rolling out an AI strategy, aimed at boosting efficiencies and productivity within ...

Special feature: Hunting for value

LACHLAN COLQUHOUN  |  MONDAY, 18 AUG 2025
Markets have all but recovered from when 'Liberation Day' threatened a meltdown, and asset classes of all flavours are pushing to new highs. But with valuations ahead of fundamentals amid uncertainty, fixed income is in focus as investors look ...

Hostplus unveils new Lifecycle option, changes fees

ELIZA BAVIN  |  FRIDAY, 15 AUG 2025
Hostplus has renamed its Life investment option to Lifecycle and switched up the design of the option by reducing the life-stages from four to three. Under the new design, the three life-stages will be 'grow', 'maintain' and 'protect' ...

NAB fined over $15m for delaying hardship applications

MATTHEW WAI  |  THURSDAY, 14 AUG 2025
The Federal Court has ordered National Australia Bank (NAB) and its subsidiary ASFH Nominees to pay a pecuniary penalty of $15.5 million for failing to respond to customers facing hardship. The court found that between 2018 and 2023, NAB and ASFH failed ...

Elanor rebuffs Lederer's governance concerns

KARREN VERGARA  |  WEDNESDAY, 13 AUG 2025
Elanor Investors Group has clapped back at potential acquirer Lederer Group for making "inaccurate assertions" about its governance and management capabilities. In providing an update on the proposed acquisition of its ASX-listed Elanor Commercial Property ...

RBA cuts rates, experts debate next moves

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
As widely anticipated, the Reserve Bank of Australia (RBA) delivered a 0.25% interest rate cut at the August meeting, bringing the official cash rate down to 3.6%. The RBA board noted that the easing in inflation alongside a softening in the labour ...

CBA sets aside $52m for remediation

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
Commonwealth Bank of Australia (CBA) said it has provisioned $52 million for remediation purposes as it finalises various class actions, including those related to superannuation and advice. CBA said the group is still defending two superannuation class ...

Superannuation fraudster sentenced to prison

ELIZA BAVIN  |  MONDAY, 11 AUG 2025
Former property developer Michael Steele was sentenced to eight years' imprisonment after using money invested for a commercial and residential property development on the Gold Coast for his own and the benefit of family members. Steele was sentenced ...