Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 671 - 680 of 16722 results for "The Australian"

Data centres 'major growth sector' for Australia: Report

MATTHEW WAI  |  WEDNESDAY, 9 APR 2025
... $25.8 billion (US$15.5 billion) last year, and accounting for up to 70% of cross-border investment. Meanwhile, the Australian data centre market has gained "significant" momentum, according to the report, linked to the recent US ruling that granted the ...

Breaches continue as Cbus confirms 'unusual behaviour'

ELIZA BAVIN  |  TUESDAY, 8 APR 2025
... member engagement." Cbus confirmed the incident was reported to APRA over the weekend and has also been passed on to the Australian Cyber Security Centre. "The fund is continuing to investigate this event with our cyber security partners," Cbus said. ...

Trade war rattles pre-election economic outlook

KARREN VERGARA  |  TUESDAY, 8 APR 2025
... destabilisation. "Over the past few days, there have been significant falls in oil prices and a depreciation of the Australian dollar. Both developments would have implications for activity and inflation if they were to persist," the report said. "In ...

Which fund managers are making the most from investor fees?

ANDREW MCKEAN  |  TUESDAY, 8 APR 2025
Data analysis reveals the Australian fund managers that generated the most fees last year. The rankings were derived from an analysis of Morningstar's database of fund managers, with annual fee revenue determined by a fund's size multiplied by the Total ...

UGC's AFCA membership to cease

KARREN VERGARA  |  MONDAY, 7 APR 2025
The Australian Financial Complaints Authority (AFCA) will expel United Global Capital's (UGC) membership effective May 31. UGC, which is now in liquidation, began providing financial services, including financial advice, in 2017 to retail and sophisticated ...

TAL takes 15% stake in Challenger

KARREN VERGARA  |  MONDAY, 7 APR 2025
... down as MS&AD's representative on the Challenger board. The transaction is subject to approvals from APRA and the Australian Foreign Investment Review Board (FIRB). Hamilton said: "Dai-ichi Life is a global leader in life insurance and we look forward ...

RBA flags 'policy changes' could derail super

ELIZA BAVIN  |  FRIDAY, 4 APR 2025
... superannuation balances occurred alongside capital calls on private asset commitments and a large, sustained decline in the Australian dollar drained liquidity through payments related to foreign exchange hedges," the RBA said. Despite raising concerns ...

Members press super funds for sustainable investments

MATTHEW WAI  |  FRIDAY, 4 APR 2025
... retirees who want to leave a more sustainable world for the next generation, top super fund leaders say. Attending the Australian Council of Superannuation Investors (ACSI) conference on Wednesday, Rest chief executive Vicki Doyle joined Unisuper chief ...

Apex wins $7bn super admin mandate

KARREN VERGARA  |  FRIDAY, 4 APR 2025
... in turn enhancing the value it delivers to its own customers," Happell said. Apex is aggressively expanding into the Australian market, recently hiring Nick Bradford as country head for Australia and Chris Stevens as chief operating officer for superannuation. ...

The tax system is being weaponised to inflict abuse, ombudsman says

ANDREW MCKEAN  |  THURSDAY, 3 APR 2025
... was created because "more needs to be done" to understand how the tax system is being weaponised and what actions the Australian Taxation Office (ATO) should take to respond, found that many victim-survivors usually only discover the abuse after they ...