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Showing 621 - 630 of 17118 results for "Billion"

Future Fund recruits energy heavyweight

ELIZABETH FRY  |  THURSDAY, 16 OCT 2025
... team. Stuart landed from the ASX-listed energy infrastructure business APA Group, which has a portfolio of more than $27 billion of gas, electricity and renewable assets. At APA Group, Stuart served as general manager in the corporate development and ...

Early release of super for dental, IVF spikes in FY25

JAMIE WILLIAMSON  |  THURSDAY, 16 OCT 2025
... today shows another spike in Aussies applying for early release of their superannuation for dental treatments. About $1.37 billion was released from the super system on compassionate grounds for medical reasons, including treatment and transport, in ...

BUSSQ streamlines product offering

JAMIE WILLIAMSON  |  THURSDAY, 16 OCT 2025
The $7.4 billion industry super fund has consolidated its accumulation products into one as part of a multi-year simplification strategy. BUSSQ has historically had two accumulation phase products for members in BUSSQ MySuper and Premium Choice. The ...

Family trusts safe from reform for now: Mulino

JAMIE WILLIAMSON  |  THURSDAY, 16 OCT 2025
... trusts as part of its broader tax reform plans. According to Treasury, 1.7 million Australians received a collective $67 billion in trust distributions in 2024. In FY21, more than 10% of all Australians who completed a tax return reported trust income. ...

AMP platform flows jump 61.6%

RIDDHIMA TALWANI  |  THURSDAY, 16 OCT 2025
AMP has reported a rise of 61.6% in its platform net cashflows to $1.2 billion, up from $750 million last year. Platform assets under management also increased to $86.9 billion in the quarter. "In Platforms, the strength of the North proposition continues ...

Macquarie sells data centres in landmark deal

JAMIE WILLIAMSON  |  THURSDAY, 16 OCT 2025
Macquarie Asset Management has pocketed more than $60 billion offloading Aligned Data Centers - the largest transaction to date for data centres. Macquarie sold Aligned Data Centers to a consortium comprising BlackRock's Global Infrastructure Partners ...

Feature: Compliance | Passing the buck

ELIZA BAVIN  |  WEDNESDAY, 15 OCT 2025
... Financial Complaints Authority (AFCA) complaints pertaining to its representatives' alleged roles in the more than $1 billion loss of investor money. Crole has said super funds' Operational Risk Financial Requirement (ORFR) should be activated ...

Can IPOs ever recover? Experts aren't sure

MATTHEW WAI  |  WEDNESDAY, 15 OCT 2025
... same period, there's been 125 delistings from M&A, and they're all very large," Duthie said. "That's $125 billion of capital that's going out, and $25 billion that's gone in; you've certainly got those leaky bucket issues around ...

BlackRock looks to add Bitcoin ETF to local suite

MATTHEW WAI  |  WEDNESDAY, 15 OCT 2025
... Australian Business Register. BlackRock currently runs the iShares Bitcoin Trust ETF in the US, which houses over US$93 billion and has returned 82.67% since inception in January 2024. It has a 100% weighting in Bitcoin and charges a 0.25% management ...

APRA lifts final Westpac capital add-on

KARREN VERGARA  |  WEDNESDAY, 15 OCT 2025
... time relating to anti-money laundering. In October of the following year, the Federal Court ordered Westpac to pay a $1.3 billion penalty for its breaches of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006, minting the highest civil ...