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

Search Results

Showing 591 - 600 of 9303 results for "Red"

University endowment mandates Osmosis

JAMIE WILLIAMSON  |  TUESDAY, 1 APR 2025
The University of Adelaide Endowment Fund has invested with Osmosis via its Ex-Fossil Fuels Strategy. The University of Adelaide is now one of several endowment funds to place money in the Osmosis strategy, the Resource Efficient Core Equity ex-Fossil ...

Qantas Super, ART merger official

KARREN VERGARA  |  MONDAY, 31 MAR 2025
Qantas Super and Australian Retirement Trust (ART) officially merged on March 29. About 25,000 members with $9 billion in funds under management (FUM) have moved from Qantas Super to ART. Qantas Super chief executive Michael Clancy said: "It has been ...

APRA levy to cost $243m in FY26

KARREN VERGARA  |  FRIDAY, 28 MAR 2025
The total cost to keep APRA's enforcement activity going is set to be $243 million in the 2026 financial year, with the superannuation industry taking up about 30% of this amount. Super funds have been allocated $72.9 million to fund APRA's operations ...

Dutton doubles down on 'super for housing' policy

ELIZA BAVIN  |  FRIDAY, 28 MAR 2025
Opposition leader Peter Dutton put his party's policies on the table during his Budget reply speech, in which he campaigned on energy price reductions, a tougher stance on immigration and increased spending for healthcare and education. While Treasurer ...

Regal leads $30m note in Carma

ANDREW MCKEAN  |  THURSDAY, 27 MAR 2025
Regal Funds Management and Tiger Capital have led a $30 million convertible note in used car marketplace Carma, with participation from existing backers like General Catalyst and Five V Capital. The funding will be used to expand Carma's vehicle inventory ...

AZ NGA practices merge on road to 'super firm'

MATTHEW WAI  |  WEDNESDAY, 26 MAR 2025
Eureka Whittaker Macnaught (EWM) and Foster Raffan iPlan have merged to form a large, multi-disciplinary firm serving around 2500 clients. The merged firm is home to 44 employees, including 20 financial advisers, and operates in six locations across ...

Investors warned to sell hybrids before phase out

ELIZA BAVIN  |  WEDNESDAY, 26 MAR 2025
As APRA phases out hybrids, and with retail investors holding an estimated 20-30% of the $42 billion sector, Schroders fund manager Helen Mason said now is a good time for investors to consider a new income solution. Mason said the phase out of retail ...

Chalmers boosts Help to Buy scheme, construction sector

KARREN VERGARA  |  TUESDAY, 25 MAR 2025
... Chalmers has also committed $120 million from the National Productivity Fund to incentivise states and territories to remove red tape that blocks "the uptake of modern methods of construction" to build homes faster. "The government is continuing to work ...

Budget deficit to balloon to $42.1bn

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
The 2025-26 Federal Budget revealed the Labor government's first deficit since taking power in 2022. Forecasts for the 2024-25 year were revised to show a $27.6 billion deficit, and forecasts show the deficit is expected to grow to $42.1 billion ...

Tax rules clarified for managed investment trusts

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
The government will amend tax laws to clarify the treatment of managed investment trusts to ensure "legitimate investors" keep their concessional withholding tax rates in Australia. Federal Budget documents said that change complements the Australian ...