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Showing 51 - 60 of 6933 results for "% December"

Treasury mulls increased powers for TPB

ELIZA BAVIN  |  TUESDAY, 14 APR 2026
Treasury is seeking feedback on draft legislation that would give the Tax Practitioners Board (TPB) stronger regulatory powers and enable greater sanctions. The draft legislation proposes to introduce criminal penalties for unregistered tax return preparers ...

Unit pricing errors hit two Mercer funds

KARREN VERGARA  |  TUESDAY, 14 APR 2026
Investors in Mercer's Passive Global Listed Property Fund and Cash Fund have been hit with unit pricing errors. The Passive Global Listed Property Fund reported incorrect unit prices between 8 December 2025 to 5 February 2026 and 10 February 2026 ...

CFS awards $370m mandate

KARREN VERGARA  |  TUESDAY, 14 APR 2026
Colonial First State (CFS) awarded a $370 million mandate to New Zealand-based infrastructure manager Morrison to tap its global private markets strategy. CFS has already made commitments to Morrison's value-add strategy across fund and discretionary ...

Magellan shareholders say yes to Barrenjoey takeover

RIDDHIMA TALWANI  |  MONDAY, 13 APR 2026
Magellan Financial shareholders have approved the takeover of Barrenjoey at an implied valuation of $1.6 billion. Magellan first announced the merger in early March, noting Brian Benari will become the group chief executive under the new entity. Sophia ...

ASIC acts against another former FSGA adviser

JAMIE WILLIAMSON  |  MONDAY, 13 APR 2026
An adviser that ASIC said was experienced enough to know better than to advise clients to invest in Shield and First Guardian has been banned for five years. Shane Monte Silva failed to act in certain clients' best interests when he told them to switch ...

New AMP boss outlines vision amid drooping share price

KARREN VERGARA  |  FRIDAY, 10 APR 2026
New AMP chief executive Blair Vernon has sought to allay shareholders' fears about the wealth firm's deteriorating share price, saying external factors do not reflect strong financial performance and fundamentals. At his first annual general ...

Charter Hall secures $1.2bn mandate

ELIZA BAVIN  |  THURSDAY, 9 APR 2026
Charter Hall has secured a $1.2 billion diversified property mandate with an existing institutional client. "Charter Hall is pleased to be appointed to manage this $1.2 billion diversified direct property mandate," Charter Hall chief executive David ...

Coinbase receives AFSL, plans product expansion

MATTHEW WAI  |  WEDNESDAY, 8 APR 2026
Coinbase Australia, a subsidiary of Coinbase Global, has been granted an Australian financial services licence (AFSL), as the crypto exchange looks to expand into traditional financial products leveraging digital asset infrastructure. Shortly after ...

Treasury opens CSLR funding, sustainability consultation

KARREN VERGARA  |  WEDNESDAY, 8 APR 2026
Treasury has opened its long-awaited consultation on the sustainability of the Compensation Scheme of Last Resort (CSLR) and the best way for the industry to fund it. Minister for financial services Daniel Mulino is seeking options on how the CSLR can ...

Challenger injects $3.7bn in BOQ, bolsters private credit book

KARREN VERGARA  |  TUESDAY, 7 APR 2026
Challenger has injected Bank of Queensland (BOQ) with $3.7 billion of capital via a whole-of-loan sale as it ramps up its private credit push. The $3.7 billion will be used to reduce BOQ's debt funding by about $3.4 billion and return $300 million ...