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Showing 491 - 500 of 10353 results for "Close"

RBA delivers 'confounding' rates decision

ELIZA BAVIN  |  TUESDAY, 8 JUL 2025
... still up for debate. "Assuming annual trimmed mean inflation in the June quarter CPI report is no more than 2.7% - and hence close to the RBA's forecast of 2.6% - I fully expect the RBA to cut rates at the August policy meeting on August 12. I expect ...

Adviser exam pass rate drops once again

MATTHEW WAI  |  MONDAY, 7 JUL 2025
... the previous session held on March 6. The next exam will be held on August 7. The booking period has commenced and will close on July 25. To date, 21,991 individual candidates have sat the exam, and 20,394 (92%) have passed.

RBA interest rate cut expected

ELIZA BAVIN  |  MONDAY, 7 JUL 2025
The Reserve Bank of Australia (RBA) is widely anticipated to slash interest rates by 0.25% when the board meets tomorrow. MFS Investment Management fixed income research analyst Carl Ang said he believes the RBA will deliver a "dovish insurance cut". ...

Profile Financial Services names new chief, chair

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
Profile Financial Services has announced two significant changes to its executive and board leadership, which it said signals renewed focus on growth, and continuity. Shane Dooley has been appointed as Profile's new chief executive, commencing 4 ...

ASIC targets advisers, platforms, research houses in super switching scams

KARREN VERGARA  |  THURSDAY, 3 JUL 2025
ASIC warns it will take a deeper dive into the roles that financial advisers, superannuation platforms and research houses are playing in members being pushed into high-risk investment schemes. The corporate regulator is closely looking at the entire ...

Major airport lands TelstraSuper as new investor

JAMIE WILLIAMSON  |  WEDNESDAY, 2 JUL 2025
... standard for airport design and functionality." JFK Airport currently sees more than 60 million passengers a year, employs close to 150,000 workers, and generates more than US$33 billion in sales. The redevelopment is expected to add a further 15,000 ...

AMP Super delivers double digit returns in FY25

MATTHEW WAI  |  WEDNESDAY, 2 JUL 2025
AMP delivered strong returns for its MySuper and Future Directions members in the year to June 30. For the period, members of AMP's MySuper 1970s, 1980s and 1990s options have achieved returns of 12.7%, 12.9% and 12.8% respectively. Meanwhile, MySuper ...

Aware Super flies the coop with sale to KKR

ELIZA BAVIN  |  WEDNESDAY, 2 JUL 2025
... management and focus will remain unchanged - partnering with our customers to feed Australia." The transaction is expected to close later this year, subject to customary regulatory approvals.

Escala unveils new leadership team

ANDREW MCKEAN  |  TUESDAY, 1 JUL 2025
Private wealth group Escala Partners has made changes to its leadership structure as it officially integrated into global financial services firm Focus Financial Partners. Although Escala joined Focus' network of independent wealth management firms ...

Potential Insignia takeover edges closer

ELIZA BAVIN  |  TUESDAY, 1 JUL 2025
A final takeover offer for Insignia Financial may come within the next two weeks as CC Capital Partners "continues to actively work towards" making a binding bid for the wealth manager. Insignia confirmed CC Capital is finalising financing and investment ...