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Showing 31 - 40 of 15773 results for "The Australian"

APRA reorganises as it sets sights on superannuation

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
The Australian Prudential Regulation Authority (APRA) has published its latest corporate plan as well as some changes to its internal structure. The corporate plan outlines how the regulator will maintain the "strength and stability of Australia's banks ...

Former adviser cops 12 years' imprisonment

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... self-managed super funds (SMSFs) without their knowledge or consent. He advised his clients their money was in the Australian Diversified Sector Investment Fund (ADSIF), investing in cash, property equities, aquaculture, and agriculture - when, in fact ...

Former Brisbane adviser found guilty of fraud again

MATTHEW WAI  |  MONDAY, 26 AUG 2024
... to 12 of Jayaweera's former clients, ASIC said. Throughout the period, Jayaweera induced investors to invest in the Australian Diversified Sector Income Fund (ADSIF), an unregistered managed investment scheme. Many of the investors contributed to ADSIF ...

BlackRock launches new bond ETF

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
... correlation restored. Therefore, ULTB could be a very useful tool for portfolio diversification," Stats said. "Hedged to the Australian dollar, ULTB also offers Australian investors an additional layer of stability without having to weather the ups and ...

360 Capital returns to profit in FY24

KARREN VERGARA  |  MONDAY, 26 AUG 2024
... continue to deteriorate further as the full effect of interest rate rises and the slowing economy continues to impact the Australian commercial real estate markets and general economy. "The start of FY25 is showing signs that we are closer to the bottom ...

SSGA takes 5% stake in Raiz

KARREN VERGARA  |  MONDAY, 26 AUG 2024
... The divestment of the Indonesian business finalised during the period, while the others are to complete in FY25. The Australian business made $21 million in revenue in FY24 but reported a $905,000 loss. The Malaysian unit earned $942,000 in revenue and ...

Regulators given new powers to protect financial markets in crises

ANDREW MCKEAN  |  FRIDAY, 23 AUG 2024
... further strengthen Australia's reputation as an attractive destination for international capital," Chalmers said. The Australian Institute of Company Directors welcomed the legislation, saying it marks a significant milestone in Australia's transition ...

IMAP names award winners for 2024

MATTHEW WAI  |  FRIDAY, 23 AUG 2024
... in the highly competitive Boutique Licensee Managed Account category, introduced just last year. DNR Capital won the Australian Equities award for the third consecutive year, while Accordius and Aoris Investment Management snatched the titles for Australian ...

ANZ hit with $250m capital penalty

ELIZA BAVIN  |  FRIDAY, 23 AUG 2024
The Australian Prudential Regulation Authority (APRA) has increased the capital add-on applied to ANZ to $750 million in response to heightened concerns about the bank's non-financial risk management practices. APRA said it has longstanding concerns ...

Insignia Financial books $185m loss, halts dividends

JAMIE WILLIAMSON  |  THURSDAY, 22 AUG 2024
... fines. This is compared to the $51.2 million in net profit it reported in FY23, which included the proceeds of the Australian Executor Trustees sale. That said, underlying net profit after tax came in at $216.6 million, up about 14% on last year's $191 ...