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Showing 41 - 50 of 2578 results for "Rich"

Qualitas co-founder trades in equity for $53m

KARREN VERGARA  |  MONDAY, 20 OCT 2025
Qualitas group managing director Andrew Schwartz is offloading 15.1 million shares in the company he co-founded to rake in about $52.9 million. Schwartz is selling about 5% of his total stake to an unnamed large global listed equities manager. He told ...

Fortitude launches Small Cap PE Fund

RIDDHIMA TALWANI  |  TUESDAY, 14 OCT 2025
... been the highest performer. Fortitude noted that there are more than 68,000 domestic companies in this segment. "We have a rich heritage of identifying high performing businesses, being exceptional growth partners and achieving profitable exits in this ...

AZ NGA acquires majority stake in Geographe Financial Group

ANGELIQUE MINAS  |  TUESDAY, 14 OCT 2025
Advice platform AZ Next Generation Advisory (AZ NGA) has increased its stake in financial advice firm Geographe Financial Group (Geographe). Geographe has provided advice on superannuation, investments and insurance since 1976 for clients in Western ...

QIC to lead investor gateway for energy sector

ANGELIQUE MINAS  |  MONDAY, 13 OCT 2025
The Queensland government has appointed Queensland Investment Corporation (QIC) to lead new investor gateway to attract and coordinate private capital. In partnership with Government Owned Corporations (GOCs), the gateway will boost investment into ...

Removing CGT breaks could boost budget by $22.7bn: Report

ANGELIQUE MINAS  |  FRIDAY, 10 OCT 2025
... gap. The survey also indicated that 72% of Australian voters would support the introduction of a wealth tax on the super-rich. Meantime, 68% of respondents answered they would support investing additional revenue gained by a wealth tax into poverty-reduction ...

Platinum LIC turns down WAM bid

KARREN VERGARA  |  FRIDAY, 3 OCT 2025
Platinum Capital (PMC) shareholders have rejected Wilson Asset Management's (WAM) bid to be the investment manager of the listed investment company (LIC) in the hope of replacing Platinum Asset Management. WAM flagged its intentions of becoming the ...

Vast majority of advised Australians "tangibly" better off: FAAA

RIDDHIMA TALWANI  |  THURSDAY, 2 OCT 2025
... financially, proving that financial advice is not too expensive to be worthwhile," Abood noted. While it is often assumed only the rich can afford financial advice, the research showed otherwise. "Nine in 10 of those surveyed who earn $120,000 a year ...

Colonial First State partners with MST Financial

ANGELIQUE MINAS  |  TUESDAY, 23 SEP 2025
... planned launch of new digital reporting options on CFS Edge and CFS FirstChoice in October will enable more dynamic and data-rich conversations with clients on managed accounts, it said. CFS has also rapidly grown its managed accounts, with options from ...

AI adoption by investors 'grows rapidly': Research

RIDDHIMA TALWANI  |  THURSDAY, 11 SEP 2025
Investors turning to artificial intelligence (AI) for investment advice is rising, according to new survey from Chartered Accountants ANZ (CA ANZ). CA ANZ survey of 1000 Australian retail investors with more than $10,000 invested in the stock market ...

Binance names head of APAC

MICHELLE BALTAZAR  |  THURSDAY, 4 SEP 2025
Global cryptocurrency exchange Binance appoints a new head of APAC after Vishal Sacheendran left the business in July. SB Seker, who previously worked as senior VP at Crypto.com, will lead the group's Asia Pacific operations, bringing with him a ...