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Showing 631 - 640 of 6879 results for "Act2"

Former Courtenay House director sentenced

MATTHEW WAI  |  TUESDAY, 3 SEP 2024
Former Courtenay House director Tony Iervasi has been sentenced to prison for 11 years, with a non-parole period of seven years, for his involvement in one of the nation's biggest Ponzi schemes. Between 13 December 2010 and 21 April 2017, Iervasi ...

Australian ETF market hits $206bn: Global X

MATTHEW WAI  |  MONDAY, 2 SEP 2024
The Australian exchanged-traded fund (ETF) sector will likely hit $1 trillion by 2030, accelerating at a faster rate than the US today. According to Global X's Australia ETF Landscape report, the ETF market grew 37.3% over the past year to $206.2 ...

Rest rebrands with new look

KARREN VERGARA  |  MONDAY, 2 SEP 2024
The $85 billion fund has unveiled a new look in a bid to make the superannuation experience simple for its two million members. Rest's logo has been updated with a different typography, exclusively in the colour green. Rest chief member officer ...

Acadian AM launches two new credit strategies

ELIZA BAVIN  |  MONDAY, 2 SEP 2024
Acadian Asset Management has added to its credit lineup with the launch of a Global High Yield and US Investment Grade offering. The new strategies will be managed by senior vice president and director of systemic credit Scott Richardson and his team ...

FSU campaigns against workplace surveillance

JAMIE WILLIAMSON  |  FRIDAY, 30 AUG 2024
The Finance Sector Union (FSU) is backing calls for a Privacy in Working Life Act to prohibit unnecessary surveillance of employees by companies and to ensure any surveillance is regulated. The Victorian government is currently undertaking an Inquiry ...

CLSA penalised over data mistakes

MATTHEW WAI  |  FRIDAY, 30 AUG 2024
CLSA Australia paid a penalty of $144,300 in relation of an infringement notice for failing to provide correct regulatory data to the relevant market operator. The infringement noticed, given by Markets Disciplinary Panel (MDP), considered that from ...

All MySuper products pass super performance test

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
All MySuper products passed this year's superannuation performance test with flying colours for the first time, while some trustee directed products (TDPs) need to lift their game, according to APRA. APRA assessed the performance of 57 MySuper products ...

Pengana losses up 789% in FY24, revenues rise

ELIZA BAVIN  |  THURSDAY, 29 AUG 2024
Pengana Capital Group (PCG) has reported a significant increase in losses for FY24 compared to FY23 - up 789%. The company reported underlying profit before tax of $2.4 million and a loss from ordinary activities after tax of $4.3 million for the year. ...

Financial Standard nominated for Publication of the Year

STAFF WRITER  |  WEDNESDAY, 28 AUG 2024
Financial Standard is proud to be a finalist in the inaugural Impact Awards, nominated for Financial Services Publication of the Year. Established by Activam Group, the Impact Awards aim to "highlight those who make a meaningful difference by encouraging ...

Inflation eases in July

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
The monthly Consumer Price Index (CPI) indicator rose 3.5% in the 12 months to July, down from 3.8% in June, according to the latest data from the Australian Bureau of Statistics (ABS). The most significant contributors to the annual rise were housing ...