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Showing 651 - 660 of 14039 results for "Down"

Foreign investors banned from buying homes

ELIZA BAVIN  |  MONDAY, 17 FEB 2025
... Albanese government has announced it will ban foreign investors from buying established homes for at least two years and crack down on foreign land banking. Treasurer Jim Chalmers said the move is aimed at easing pressure on the Australian housing market ...

Centaur goes self-licensed, appoints former dealer group head

ANDREW MCKEAN  |  FRIDAY, 14 FEB 2025
... it." With all the headwinds the advice industry has faced over the last decade, Robertson said it's been easy to get bogged down in compliance, regulation, staffing, and the demands of being an investment guru. Even so, he remains optimistic about the ...

Senate calls to overhaul super fund boards

ELIZA BAVIN  |  FRIDAY, 14 FEB 2025
... interim report and the chair's recommendations," it said. "The key recommendation of this interim report is to water down existing statutory requirements for profit to member ('industry') funds that provide equal representation of employee ...

ART, MLC AM, HESTA name directors

ELIZABETH FRY  |  THURSDAY, 13 FEB 2025
... Institute. Most recently, she was appointed to the central bank's Monetary Policy Board. For her part, Thomas recently stepped down from the Brighter Super board, having been a director since 2017, She currently serves on the board of Jobs Queensland ...

CBA's 'Cinderella story' over: Analysts

ELIZA BAVIN  |  THURSDAY, 13 FEB 2025
Commonwealth Bank of Australia (CBA) delivered another strong half yearly result this week, reporting net profit after tax of $5.14 billion. Yet, despite the continued strong performance, analysts are highly conscious of how overvalued the bank might ...

FSCP deregisters adviser for two years

KARREN VERGARA  |  WEDNESDAY, 12 FEB 2025
... 2025. Prior to that, he was an adviser at APS Melb and Professional Investment Services. ASIC has flagged that it will crack down on bad SMSF advice, particularly where it relates to their set up. "We're also reviewing information from licensees ...

Treasury consults on genetic test ban in life insurance

JAMIE WILLIAMSON  |  WEDNESDAY, 12 FEB 2025
... factors might require the definition to be 'flexible' to remain fit for purpose. The consultation is also looking to bed down how the ban would be regulated. It's already proposed ASIC would oversee enforcement as it is responsible for the general administration ...

Most retirees who rent live in poverty: Grattan Institute

ANDREW MCKEAN  |  MONDAY, 10 FEB 2025
... Age Pension assets test," it said. But Grattan noted other policies to boost housing supply will still be needed to bring down housing costs for renters of all ages, and better support those at risk of homelessness.

Investment down as uncertainty rises

ELIZA BAVIN  |  FRIDAY, 7 FEB 2025
The outlook for business investment has deteriorated over the past year, according to the quarterly Investment Monitor report by Deloitte Access Economics. "The slowdown in the Australian economy has hit business revenues. This has particularly been ...

Pinnacle delivers 'flawless' half-year performance: Analyst

KARREN VERGARA  |  THURSDAY, 6 FEB 2025
... reached $111.9 million, earned by nine affiliates. Fourteen out of 15 affiliates saw FUM grow except for Firetail which was down 9%. Pinnacle's share of affiliates' net profit after tax (NPAT), was $74.3 million, up 99% from $37.3 million year on year. ...