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Showing 51 - 60 of 14210 results for "Interest"

'No basis' to ban independent trustee model: Equity Trustees

ELIZA BAVIN  |  THURSDAY, 28 MAY 2026
Equity Trustees has made a submission to Treasury on Enhancing Member Protections in the Superannuation System saying there is "no sound basis" for banning the professional independent trustee model. Equity Trustees said independent trustees look after ...

Old settings for TPD 'no longer fit': APRA

RIDDHIMA TALWANI  |  THURSDAY, 28 MAY 2026
... the interests of policyholders. That puts you in a distinct position to balance commercial objectives with community interest."

AustralianSuper names new investment chief

ELIZA BAVIN  |  WEDNESDAY, 27 MAY 2026
AustralianSuper has named its new chief investment officer, set to take on the role effective July 1, choosing to promote from within. Shaun Manuell has led the fund's Australian equities team for 13 years, overseeing growth in internally managed ...

Inflation eases, experts split on next RBA move

VINNY VUCAGO  |  WEDNESDAY, 27 MAY 2026
... higher prices hit consumers," Dooley said. "That is the main difficulty facing the RBA. Having already lifted its official interest rate three times this year to 4.35%, the board has to weigh a real risk that inflation becomes entrenched against equally ...

ASX tech spend drives capex to $200m

KARREN VERGARA  |  WEDNESDAY, 27 MAY 2026
... rise in total expenses to $264.4 million. The bourse announced yesterday it entered into an agreement to sell its 49% interest in electronic property settlements company Sympli Australia to its joint venture partner ATI Group for a nominal amount. This ...

Westpac fined $26m for financial hardship neglect

KARREN VERGARA  |  WEDNESDAY, 27 MAY 2026
... in the proceeding and paid more than $1.7 million in remediation to affected customers, including refunds of fees and interest and compensation for non-financial loss. ASIC deputy chair Sarah Court commented Westpac failed the very customers who needed ...

FAAA pushes for 'fundamental' changes to CSLR

KARREN VERGARA  |  TUESDAY, 26 MAY 2026
The Financial Advice Association of Australia (FAAA) is pushing for "fundamental changes" to how the Compensation Scheme of Last Resort (CSLR) is funded, arguing it would be detrimental to financial advisers and small businesses if it continues in its ...

APRA funding levy rises to $253m

KARREN VERGARA  |  TUESDAY, 26 MAY 2026
APRA's funding levy will rise by 4.2% to $253.3 million for the 2027 financial year, Treasury estimates show, with superannuation funds expected to cover one third of this charge. Split across the sectors it regulates, APRA apportioned $81.2 million ...

Janus Henderson expands private credit offering

VINNY VUCAGO  |  FRIDAY, 22 MAY 2026
... investor demand for alternative income and diversification strategies amid heightened market volatility and elevated interest rates. The two strategies being rolled out across EMEA are the Asset-Backed Opportunistic Credit Strategy and the Legal Credit ...

Feature: Private credit | The fine print

RIDDHIMA TALWANI  |  FRIDAY, 22 MAY 2026
... 'recommended'. This was on concerns of restructuring the Metrics Credit Trust (MCT), which involved an asset swap of MCT's interest in BC Group and Taurus in return for an interest in Metrics Credit Holdings. Zenith Investment Partners, however ...