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Showing 651 - 660 of 14210 results for "Interest"

Inside Colonial First State's fund manager selection overhaul

ANDREW MCKEAN  |  FRIDAY, 16 MAY 2025
Colonial First State (CFS) managed the two best-performing MySuper options over the year to March 31. The wealth management and superannuation provider's head of equities Ben Lam explains the "art and science" behind its recently evolved manager ...

Dexus accused of breaching confidentiality in airport stake sale

ANDREW MCKEAN  |  FRIDAY, 16 MAY 2025
Dexus, the trustee and manager of a 27% stake in Australia Pacific Airports Corporation (APAC) - the owner of Melbourne and Launceston airports - on behalf of various investors (the Dexus Bloc), is facing allegations from the APAC board of breaching ...

FTX creditors await US$5bn distribution

KARREN VERGARA  |  FRIDAY, 16 MAY 2025
... controlled by a small group of individuals who falsely claimed to manage FTX Group responsibly, but in fact showed little interest in instituting oversight or implementing an appropriate control framework. We are continuing our efforts to review the ...

GPT Group partners to unlock $1bn in logistics opportunities

MATTHEW WAI  |  FRIDAY, 16 MAY 2025
... will sell down several balance sheet assets at book value to seed the partnership and will retain a 20% co-investment interest. Net proceeds of around $410 million will be used to reduce gearing until re-invested, it added. Meanwhile, QuadReal's ...

Patience urged over 'shortsighted' super tax

ELIZA BAVIN  |  FRIDAY, 16 MAY 2025
... for a fair and equitable superannuation system, but to claim this tax only affects a minority and serves the national interest is shortsighted. It ignores the broader ripple effects," Burgess said. "The government's narrow focus is blind to the vital ...

Prime Super calls time on sustainable option

JAMIE WILLIAMSON  |  THURSDAY, 15 MAY 2025
... performance objectives," Prime Super chief executive Raelene Seales told Financial Standard. "As such, in the best financial interest of our members, Prime Super has made the decision to discontinue offering the SRI Balanced option from 4 June 2025." ...

Vanguard ETFs claim first, second, and third place for inflows

ANDREW MCKEAN  |  THURSDAY, 15 MAY 2025
... Global Fund (Open Class) (Managed Fund) saw the most outflows (-$92.4 million), followed by the Betashares Australian High Interest Cash ETF (-$90.5 million), and the VanEck MSCI International Small Companies Quality ETF ($64.1 million). Magellan's year-to-date ...

Advice bodies want efficiency, long-term solutions from Mulino

KARREN VERGARA  |  WEDNESDAY, 14 MAY 2025
Australia's top advice associations are eagerly anticipating meaningful and swift changes to take place under new financial services minister Daniel Mulino, optimistic that critical reforms in the Compensation Scheme of Last Resort (CSLR) and Delivering ...

NAB MySuper class action settlement approved

JAMIE WILLIAMSON  |  WEDNESDAY, 14 MAY 2025
... Cougan, will both receive up to $30,000. The balance - about $44 million - will be paid out to group members, plus any interest accrued. Group members were initially expected to start receiving payments in March of this year, however the court approval ...

Criminal attacks, human error drive data breaches

JAMIE WILLIAMSON  |  WEDNESDAY, 14 MAY 2025
The number of data breaches reported to the Office of the Australian Information Commissioner (OAIC) rose 25% in 2024; 54 or 9% of which occurred at financial services organisations. New statistics from the OAIC show there was a total of 1113 notifications ...