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Showing 681 - 690 of 12379 results for "May"

Receivers appointed to two Australian Fiduciaries entities

JAMIE WILLIAMSON  |  WEDNESDAY, 10 SEP 2025
... question. Dividends were apparently paid to Avenir, with ASIC finding that $600,000 paid to a luxury car dealership in Brisbane may have, in part, been transferred from Avenir. ASIC had been trying since June to appoint receivers to Australian Fiduciaries ...

Coalition's super for housing policy 'unlikely to continue': Bragg

ELIZA BAVIN  |  WEDNESDAY, 10 SEP 2025
... This comes after Bragg was a staunch advocate for allowing Australians to use their retirement savings to purchase a home. In May last year the Senate Economics Committee - of which Bragg was chair - handed down its interim report into existing and proposed ...

AMP, Perpetual, Ironbark shutter funds

ELIZA BAVIN  |  WEDNESDAY, 10 SEP 2025
... decision to terminate the AMP Capital Equity Fund (AMP Equity Fund), effective August 29. "The fund's small and reducing size may compromise our future ability to efficiently manage the fund to deliver cost-effective returns in line with the fund's objectives," ...

Future Fund achieves 12.2% in FY25, tops other instos

KARREN VERGARA  |  TUESDAY, 9 SEP 2025
... Australian infrastructure and property that we might otherwise be unable to access efficiently, or which external managers may not be focused on," the fund said. "In many situations, including in infrastructure, we already employ a hybrid model of investing ...

Federal Court slaps Mawhinney with 15-year ban

KARREN VERGARA  |  MONDAY, 8 SEP 2025
... services business that "adopts a financially reckless approach that exposes the investing public to significant risk of loss". He may also fail to disclose material risks to potential investors and put out misleading or deceptive marketing material out ...

ASIC lands special leave against Block Earner

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
... products and services whether they involve digital assets or not," the regulator said, which applied for the special leave in May. The Earner product enabled customers to loan specified cryptocurrency in return for interest paid at a fixed rate. The ...

FEATURE: Hyped up

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
... labs spend billions of dollars training. That's a powerful thing to happen," Ghernati told the J.P. MAM Media Summit in May. For Davis, what is interesting about DeepSeek is its mathematical breakthrough and unmatched efficiency compared to other ...

Schroder urges 'open dialogue' with government

ELIZA BAVIN  |  THURSDAY, 4 SEP 2025
AustralianSuper chief executive Paul Schroder has warned that while superannuation funds may have the capital to invest in future infrastructure projects, the government should bear the risks. Speaking at the National Press Club, Schroder said the potential ...

Equip Super rejigs insurance fees, policy terms

KARREN VERGARA  |  WEDNESDAY, 3 SEP 2025
... will be lower by 2.8%. Defined benefit members with voluntary cover will also see a premium reduction for any TPD cover they may have. For Equip Super accumulation members and excluding Toyota plan members, premiums will decrease for income protection ...

ASIC permanently bans convicted investment manager

MATTHEW WAI  |  TUESDAY, 2 SEP 2025
... his banning, Jakob was known as Gabriel Yakob. ASIC cancelled the Australian financial services licence of Metal Alpha on 19 May 2022, as it ceased to carry on a financial services business. Trevillian was arrested on 20 July 2023 and subsequently sentenced ...