Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 581 - 590 of 7494 results for "System"

Financial services workers earn 12% pay rise

KARREN VERGARA  |  WEDNESDAY, 23 JUL 2025
... financial services sector led the pack in terms of salary growth during FY25-26. The construction (11.7%), IT and tech system design (9.6%), legal (7.8%) and mining (6.9%) sectors also reported strong salary growth. Such industries are most likely to ...

Cbus closes corporate super plan

ELIZA BAVIN  |  WEDNESDAY, 23 JUL 2025
Cbus will close the AME Systems Corporate Super plan and transition members to Cbus Industry Super, effective 1 September 2025. As a result, members will see changes to their insurance cover. "As per the agreement between AME, Cbus Super and the insurer ...

ASIC sues Fortnum Private Wealth

KARREN VERGARA  |  TUESDAY, 22 JUL 2025
ASIC is suing Fortnum Private Wealth for allegedly failing to manage and comply with its cybersecurity obligations that exposed the information of its financial advisers and clients. In the NSW Supreme Court, ASIC alleges Fortnum exposed its authorised ...

BlackRock sets new AUM record

KARREN VERGARA  |  WEDNESDAY, 16 JUL 2025
BlackRock's assets under management have ballooned to a record US$12.5 trillion in June, jumping 18% over the last 12 months. BlackRock chief executive Larry Fink said the fund manager's sustained growth has been powered by its whole portfolio ...

Stop delaying Payday Super laws, says SMC

JAMIE WILLIAMSON  |  TUESDAY, 15 JUL 2025
... sooner this legislation is introduced and passed, the more time and certainty it will give businesses and the super payment system to prepare - so all workers can get paid their super on time and in full. "Payday super will not only stamp out unpaid ...

Section 899 ditched but companies face tax uncertainties

KARREN VERGARA  |  MONDAY, 14 JUL 2025
... place given that a full year has passed since the legislation came into effect? The G7 said the delivery of a "side-by-side system will facilitate further progress to stabilise the international tax system, including a constructive dialogue on the taxation ...

Superannuation is Australia's 'productivity engine': ASFA

MATTHEW WAI  |  MONDAY, 14 JUL 2025
... Australia has a unique national asset that gives us a head start in tackling it - our multi-trillion-dollar superannuation system," Delahunty said. "Ensuring we have the right settings will allow this capital to reap dividends for all Australians."

Chalmers unveils reforms to enhance RBA transparency

ELIZA BAVIN  |  FRIDAY, 11 JUL 2025
Treasurer Jim Chalmers has released an updated Statement on the Conduct of Monetary Policy (SCMP) and the first Statement of Expectations for the Reserve Bank of Australia's (RBA) governance board. Chalmers said the RBA Monetary Policy Board formally ...

Northern Trust selected to test tokenised asset uses

ELIZA BAVIN  |  THURSDAY, 10 JUL 2025
Project Acacia - first announced by the Reserve Bank of Australia (RBA) and Treasury back in September 2024 - will now include industry participants to explore how digital currencies and existing settlement infrastructure might support the development ...

Netwealth sees $15.8bn in net flows

ELIZA BAVIN  |  THURSDAY, 10 JUL 2025
Netwealth has reported a $24.8 billion increase in total funds under administration (FUA), including a record $15.8 billion in FUA net flows. Total FUA at 30 June 2025 was at $112.8 billion, and increase of $8.7 billion for the quarter, including $3.8 ...