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FSC explores if adviser licensing framework remains 'fit for purpose'

MATTHEW WAI  |  MONDAY, 28 JUL 2025
... regulatory complexity of the industry today," Briggs said. "With the government's advice reforms already well advanced, the next step is ensuring the licensing framework continues to support a professional, sustainable and trusted industry across ...

Brighter Super awards $50m mandate

MATTHEW WAI  |  MONDAY, 28 JUL 2025
... announced its Queensland Investment Strategy focused on investing an additional $500 million in Queensland assets in the next three to five years, on top of the $1 billion already invested in the state. As part of the strategy, the super fund also awarded ...

Bullock reaffirms RBA's 'gradual easing' policy

ELIZA BAVIN  |  FRIDAY, 25 JUL 2025
... Bullock has reaffirmed the central bank's policy of gradually easing interest rates, as economists continue to price in a cut next month. Speaking at the Anika Foundation Fundraising Lunch, Bullock said the central bank's goals of low and stable inflation ...

Australian Ethical PM departs

ELIZA BAVIN  |  THURSDAY, 24 JUL 2025
... the business and the team through to my departure in December, and I look forward to working closely with everyone over the next five months." Parkin brings more than 30 years' experience in Australian financial markets, including two decades in ...

Now is the best time to invest in infrastructure: Palisade

MATTHEW WAI  |  THURSDAY, 24 JUL 2025
... has become "increasingly unreliable", noting that the country will need to generate roughly 10 to 15 gigawatts (GW) in the next decade. "Looking ahead, we've estimated that in order [to accommodate] Australia's need for short- and medium-term ...

AustralianSuper taps NYC pension deputy CIO

MATT TOLEDO  |  THURSDAY, 24 JUL 2025
... North America. The fund is in the process of growing its staff in New York, with plans to double its U.S. team to 120 by next year to take advantage of new investment opportunities in the U.S., especially in the private markets. The fund, in October ...

Cbus closes corporate super plan

ELIZA BAVIN  |  WEDNESDAY, 23 JUL 2025
... units. Cbus said units represent a specific dollar amount of cover based on age. The amount of cover will be rounded up to the next whole unit cover based on the amount of cover members hold in Cbus Corporate Super on 31 August 2025. Cbus confirmed that ...

Binance appoints new head of Australia

MATTHEW WAI  |  WEDNESDAY, 23 JUL 2025
Binance has welcomed a fintech founder to the position of general manager, Australia and New Zealand to embrace the next wave of digital assets across the region. Matt Poblocki, who carries expertise across the commercial, legal and regulatory landscapes ...

Aware Super expands European footprint

MATTHEW WAI  |  WEDNESDAY, 23 JUL 2025
... for residents in nearby postcodes. Aware Super said it was aiming to build the venture into a $1 billion business over the next three years. Aware Super senior portfolio manager - property UK and Europe Mathieu Elshout said: "With its uniquely diverse ...

Praemium reports FUA increase to $64.3bn

ELIZA BAVIN  |  TUESDAY, 22 JUL 2025
... Praemium has reported funder under administration (FUA) of $64.3 billion to 30 June 2025, marking an increase of 12%. Praemium's next generation IDPS Spectrum achieved quarterly net inflows of $339 million, resulting in FUA of $2.38 billion for the quarter ...