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CGT, negative gearing changes to become a law

RIDDHIMA TALWANI  |  FRIDAY, 26 JUN 2026
... government's tax agenda announced in the Budget overhauling the capital gains tax (CGT) discount and negative gearing have now passed the Parliament and will become law. The government recently unveiled CGT discount carveouts targeting small businesses ...

Lendlease divests from UK build-to-rent asset

RIDDHIMA TALWANI  |  FRIDAY, 26 JUN 2026
... created through the partnership, with four buildings completed between 2021 and 2024. "The urban renewal of Elephant Park is now largely complete, and assets fully stabilised, providing an opportune time for Lendlease and its investment partner to recycle ...

Generation Life confirms personal information leaked in cyber incident

MATTHEW WAI  |  THURSDAY, 25 JUN 2026
... some of its data in a separate update on 17 May 2026. Following a detailed investigation and data review, Generation Life is now "notifying individuals whose personal information has been confirmed as impacted." It did not confirm the number of individuals ...

Inflation cools, RBA facing 'uncomfortable trade-off'

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2026
... wrong direction and further away from the Reserve Bank of Australia's (RBA) 2% to 3% target band," Chesler said. "The RBA now faces an increasingly uncomfortable trade-off. We do not expect today's rise in trimmed mean inflation to be enough to force ...

New Forests expands US forestry footprint

VINNY VUCAGO  |  WEDNESDAY, 24 JUN 2026
... forest management teams on Washingtons Olympic Peninsula. The deal further expands the firms North American footprint, which now spans assets across the Pacific Northwest, Northern California, the US South and Oklahoma.

First Sentier adds to C-suite, hires from Rabobank

VINNY VUCAGO  |  WEDNESDAY, 24 JUN 2026
... Heine to the head of institutional business across Australia and New Zealand. Heine, who has spent 13 years with the firm, now oversees the institutional sales team and client relationships across both markets after previously managing institutional ...

IFM builds Atlas Arteria stake to majority

RIDDHIMA TALWANI  |  WEDNESDAY, 24 JUN 2026
... operator to $5.10 per security. This week, IFM increased its stake from 38.3% to 40.7%, before lifting it to 45.6%. It has now acquired further shares today, taking its direct stake in the toll-road operator to 50.1%. This takes IFM's total share ...

Greens, Labor agree on LRBA ban on SMSFs

MATTHEW WAI  |  WEDNESDAY, 24 JUN 2026
... Labor's low ambition means that inequality and the housing crisis will be worse for longer. This enduring housing crisis will now be squarely of Labor's design. "We are glad that the government has listened to some of the concerns raised through ...

Diversa drags Praemium into First Guardian lawsuit

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
Praemium and its subsidiaries are now caught up in the ASIC-led First Guardian legal saga, having been thrown in the mix by Diversa Trustees. Praemium this morning announced, together with Powerwrap and One Vue Wealth Services (OVWS), it received notices ...

Bell Asset Management launches small-caps fund

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
... Scott Hudson to the group, joining Bell AM from Tyndall Asset Management. The trio ran an equivalent strategy at Tyndall and now operate as a dedicated and independent team within Bell, reporting to chief executive Michael Lovett. Johnston said the team ...