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| | | The Australian Taxation Office (ATO) has issued a draft update to its tax ruling TR 2023/4 for consultation which determines when a person is considered an employee under the Superannuation Guarantee (Administration) Act 1992 (SGAA). The draft update ... |
| | | | The Takeovers Panel declared that rogue shareholders, which include Glennon Capital, seeking to gain control of Sequoia Financial Group were not transparent about their relationship and breached substantial shareholder laws. In an update to the ASX ... |
| | | | DASH has secured a $20 million investment from Bailador Technology Investments. The advice technology solutions company plans to use the funding to accelerate its software and platform technology while expanding its team. DASH aims to grow its workforce ... |
| | | | ... needs of both borrowers and investors, while streamlining the transaction process. "As borrowers and investors increasingly seek alternatives to conventional banking, private credit is becoming an essential component of the financial landscape," Crnogorac ... |
| | | | A former J.P. Morgan Asset Management executive has been appointed the lead of Coller Capital's private wealth distribution unit for Australia and New Zealand. David Hallifax, the former head of Australia funds at J.P. Morgan Asset Management, assumes ... |
| | | | State Street Global Advisors announced management cost reductions on six of its Australian-based ETFs. Effective July 1, management costs will be cut for several ETFs including in international equities, Australian equities, listed property and emerging ... |
| | | | ... namely in Greek companies with good growth prospects, competitive advantage, and a strong management team, he said. It will seek to co-invest with other public instruments or schemes, and equity investment funds. Hatzidakis said this includes closed-ended ... |
| | | | Hamilton Lane announced the final closing of Hamilton Lane Secondary Fund VI with US$5.6 billion (AU$8.4 billion) in commitments, marking the largest fundraise in the firm's history. Fund VI materially exceeded its original US$5 billion target, seeing ... |
| | | | HESTA has issued a $250 million global private equity co-investment mandate to Stafford Capital, dubbed QP4. Stafford's Australian private equity lead Daniel Bowden said that this strategy seeks to tap into smaller deal sizes, providing access to a ... |
| | | | ASIC is appealing the Federal Court's recent decision to not issue a penalty to Block Earner after it was found to have provided unlicensed financial services. In November 2022, ASIC commenced civil penalty proceedings against Block Earner, which offered ... |
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