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Showing 451 - 460 of 7578 results for "Currently"

Stakeholders ask ASIC for tougher private markets regulation

KARREN VERGARA  |  WEDNESDAY, 4 JUN 2025
... ASIC to tackle this and flagged an openness to implement more consistency in standards and practices. The regulator is currently undertaking a surveillance of private credit funds operating in wholesale and retail private markets, aiming to better understand ...

Minimum wage to rise 3.5%

JAMIE WILLIAMSON  |  TUESDAY, 3 JUN 2025
... The National Minimum Wage and all modern award minimum wage rates will increase by 3.5% on July 1. The minimum wage is currently $24.10 an hour and, following the Fair Work Commission's decision today, will rise to $24.95 an hour. This equates to a before-tax ...

Perpetual promotes two to strengthen fixed income team

MATTHEW WAI  |  TUESDAY, 3 JUN 2025
... Stock as deputy portfolio manager. He will also serve in the role for the Perpetual Pure Credit Alpha Fund. Stock is currently head of credit research and senior portfolio manager. He brings more than three decades of industry experience and has been ...

Allan Gray exposes 'hateful eight' bubble threat

ANDREW MCKEAN  |  FRIDAY, 30 MAY 2025
... evidence concentration risks are abound. "The Australian index is now extremely concentrated. Passive, index investors are currently knowingly or unknowingly allocating a huge part of their exposure to banks, which are trading at eyewatering valuations. ...

Regal Partners charts US expansion

JAMIE WILLIAMSON  |  FRIDAY, 30 MAY 2025
... manager's client base in the US and Canada. It comes as Regal expects further growth in its offshore activities; it currently has representation in Singapore, is building relationships throughout Asia and the Middle East, and has launched Cayman and ...

Zurich snatches Suncorp claims specialist

MATTHEW WAI  |  FRIDAY, 30 MAY 2025
... Financial Services Australia has appointed a new head of claims excellence for Australia and New Zealand from Suncorp. Currently serving as head of complex natural hazard home claims at Suncorp, Morris Garsin will join in August to drive Zurich's claims ...

Former TCorp exec sets up consultancy

ELIZABETH FRY  |  THURSDAY, 29 MAY 2025
... as a glaring gap in the market for advisory services that can translate the TPA theory into practical action. He is currently working with a large institutional investor that is transitioning its investment model towards this investment model. "Investors ...

ASIC sues former director of crypto platform owing nearly $60m

MATTHEW WAI  |  THURSDAY, 29 MAY 2025
... 2024, Guo left Australia following the expiry of the orders and has not yet returned, ASIC noted. Blockchain Global, currently in liquidation, operated a cryptocurrency exchange platform named ACX Exchange between 2016 and 2019. The platform collapsed ...

New SMSF trustees drive financial advice uptake

ANDREW MCKEAN  |  WEDNESDAY, 28 MAY 2025
... highlights that there are significant advice gaps for many individuals operating their own super fund. "Only 24% of SMSFs currently use a financial adviser, which is not ideal when you think of the many complexities associated with managing superannuation ...

Responsible investing buoyed by instos: RIAA

KARREN VERGARA  |  WEDNESDAY, 28 MAY 2025
... Australians say they expect investment experts to manage their money responsibly and ethically. Further, RIAA's members currently represent more than 75% of the professionally managed assets in Australia. "The 13 largest super funds in Australia ...