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Showing 501 - 510 of 13891 results for "State"

BUSSQ's boardroom brass cleared, CFMEU spend deemed sound

ANDREW MCKEAN  |  WEDNESDAY, 2 JUL 2025
Queensland-based industry super fund BUSSQ, which has ties to the scandal-plagued Construction, Forestry, Maritime, Mining, and Energy Union (CFMEU) through its board, emerged largely unscathed from an independent report by KPMG. BUSSQ was hit with ...

Aware Super flies the coop with sale to KKR

ELIZA BAVIN  |  WEDNESDAY, 2 JUL 2025
Aware Super has sold its stake in ProTen to KKR for an undisclosed amount. Established in 2001, ProTen develops, owns, and operates farm infrastructure for Australia's poultry supply chain. The company manages poultry infrastructure including more than ...

APRA expects 'no cutting corners' with CPS230

KARREN VERGARA  |  TUESDAY, 1 JUL 2025
... documented and ensure that they are at the standard required." This is in light of ASIC handing down a scathing review on the state of superannuation trustees failing to monitor or report on their death benefit claims handling processes from start to ...

State Street Global Advisors rebrands

ELIZA BAVIN  |  TUESDAY, 1 JUL 2025
State Street Global Advisors has announced its new brand name: State Street Investment Management. SSIM said the rebranding highlights the firm's focus on growth and engagement with clients and partners, and its commitment to product innovation ...

Finance news foretells stock market volatility: Study

KARREN VERGARA  |  TUESDAY, 1 JUL 2025
... greater confidence in economic conditions." In the paper, Stock market volatility and business news, the academics also state that unlike traditional macroeconomic variables, which are often backward-looking and reported infrequently, news articles deliver ...

Chalmers opens economic reform consultation

ELIZA BAVIN  |  MONDAY, 30 JUN 2025
Treasurer Jim Chalmers has opened the new economic reform consultation paper while issuing more invitations to the government's Economic Reform Roundtable. "The roundtable is an important opportunity to build consensus for long term economic reform," ...

ClearView welcomes underwriting head

MATTHEW WAI  |  MONDAY, 30 JUN 2025
ClearView has hired from NobleOak to fill the position of head of underwriting. The life insurer also rolled out a slew of underwriting updates across its medical requirements and trauma definitions. Peter Tilocca has joined as the new head of underwriting ...

Legalsuper celebrates double digit returns

JAMIE WILLIAMSON  |  FRIDAY, 27 JUN 2025
... Westpac, BHP Group, CSL, Commonwealth Bank, and NAB. Internationally, the fund has most of its exposures via funds offered by State Street and Aikya Investment Management. As for the High Growth option, about 40% is invested in global equities and 36.5% ...

Brite Advisors auditor admits failures, surrenders registration

ANDREW MCKEAN  |  FRIDAY, 27 JUN 2025
ASIC has accepted a court enforceable undertaking from DM Advisory Services principal David Makowa, the auditor of Brite Advisors. Makowa, a veteran of more than 20 years in practice - including stints at Ernst & Young and KPMG - has surrendered his ...

Super funds given reprieve from Trump's 'Big Beautiful Bill'

ELIZA BAVIN  |  FRIDAY, 27 JUN 2025
Section 899 of US President Donald Trump's 'Big Beautiful Bill' will be abandoned after institutional investors expressed concerns over the retaliatory tax proposal. The announcement was made by US Treasury Secretary Scott Bessent overnight ...