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Showing 561 - 570 of 13315 results for "PROP"

Two more Shield Master Fund advisers banned

MATTHEW WAI  |  FRIDAY, 25 JUL 2025
ASIC has banned another two former financial advisers of MWL Financial Services that were involved in investing clients' superannuation into the Shield Master Fund, as well as other breaches of obligations. Former financial advisers of MWL, Rocco ...

REI Super delivers double-digit returns in FY25

MATTHEW WAI  |  THURSDAY, 24 JUL 2025
REI Super, an industry superannuation fund primarily for real estate professionals, has returned 10.34% in its MySuper option for the year ended 30 June 2025. Over the same period its balanced pension option achieved 11.40%, while the Growth Plus and ...

Investments, advice complaints jump 18%

KARREN VERGARA  |  WEDNESDAY, 23 JUL 2025
Investments and financial advice complaints jumped 18% in the 2025 financial year, thanks to the failures of United Global Capital, Shield Master Fund, First Guardian Master Fund and Brite Advisors. This is according to the Australian Financial Complaints ...

Prime Super delivers double-digit returns

ELIZA BAVIN  |  WEDNESDAY, 23 JUL 2025
Prime Super has delivered 10.82% investment returns to members within its MySuper option marking the third consecutive year of returns above 9% for the fund. The super fund has also dropped transaction costs from 0.2% to 0.06% for those in the MySuper ...

Dexus rebuilds DWSF with $683m investment

ELIZA BAVIN  |  WEDNESDAY, 23 JUL 2025
The Dexus Wholesale Shopping Centre Fund (DWSF) exchanged contracts with Scentre Group to acquire a 25% stake in Westfield Chermside, Brisbane, for $683 million. This fresh investment comes after Dexus Funds Management launched court action against ...

Aware Super expands European footprint

MATTHEW WAI  |  WEDNESDAY, 23 JUL 2025
Aware Super has announced it has acquired APG's stake in apartment-hotel owner and operator The July. Having already acquired a stake of the business in July 2020, it is now the majority shareholder. The announcement is a part of the super fund's ...

Insignia accepts CC Capital bid

ELIZA BAVIN  |  TUESDAY, 22 JUL 2025
Insignia Financial has entered into a Scheme Implementation Deed (SID) to be acquired by New York-based CC Capital Partners for a value of $3.3 billion. CC Capital has agreed to acquire all the issued shares in Insignia for a cash consideration of $4.80 ...

Brookfield takes stake in Cromwell

KARREN VERGARA  |  TUESDAY, 22 JUL 2025
Brookfield will soon take over a 19.9% stake in Cromwell Property Group as ESR Group sells down its remaining stake. Cromwell confirmed to the ASX that Brookfield has signed a binding sale and purchase agreement to purchase the interest. This is subject ...

CC Capital drags feet on Insignia takeover bid

KARREN VERGARA  |  MONDAY, 21 JUL 2025
CC Capital Partners continues to drag its feet on making an official takeover offer for Insignia Financial, surpassing the two-week timeframe it promised it would make a binding bid within. The announcement released on the ASX this morning states that ...

McKell Institute calls for CGT 'circuit breaker'

ELIZA BAVIN  |  MONDAY, 21 JUL 2025
A new paper from the McKell Institute calls for a major shake-up of capital gains tax (CGT) via a 'circuit breaker' proposal to the stalled national housing debate. The paper suggests increasing or decreasing the CGT discount is too simple of ...