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Showing 51 - 60 of 3482 results for "Stake"

AIOFP partners to launch adviser protection program

MATTHEW WAI  |  TUESDAY, 26 MAY 2026
The Association of Independently Owned Financial Professionals (AIOFP) is partnering with DASH to provide financial advisers with a new white labelling capability for platform access. The Foundation Advisers Wrap will allow advisers to retain access ...

AFCA appoints lead superannuation ombudsman

VINNY VUCAGO  |  MONDAY, 25 MAY 2026
The Australian Financial Complaints Authority (AFCA) has appointed Paul Woodburn as its new lead ombudsman superannuation, succeeding Heather Gray, who had served as lead ombudsman superannuation since 2020. Woodburn commenced in the role on May 25 ...

CALI calls for government to help fund CSLR

MATTHEW WAI  |  WEDNESDAY, 20 MAY 2026
The Council of Australian Life Insurers (CALI) is calling on the government to help fund the burgeoning Compensation Scheme of Last Resort (CSLR) to stop putting "undue" pressure on Australia's risk advisers. The government has announced the shared ...

ASX names Lofthouse's successor

MATTHEW WAI  |  THURSDAY, 14 MAY 2026
Despite only announcing its interim chief executive late last month, the ASX has named the permanent successor of current chief executive Helen Lofthouse, who is set to leave the bourse at the end of the month. Anthony Attia of Euronext, the European ...

Investors the biggest losers in 2026 Budget

KARREN VERGARA  |  WEDNESDAY, 13 MAY 2026
As the 2026 Budget promises "bold, broad and ambitious" tax reforms, in addition to easing cost-of-living pressures and strengthening fuel security, wealth managers decry investors and the economy will not come out on top. Last night, Treasurer Jim ...

Minimum 30% tax for discretionary trusts

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
Discretionary trusts have been slapped with a 30% minimum tax amid a slew of "fairer tax arrangements" reforms in the 2026-27 Budget to address intergenerational inequity. From 1 July 2028, Treasurer Jim Chalmers proposes to introduce the new tax that ...

Chalmers overhauls negative gearing, CGT discount

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
Treasurer Jim Chalmers has affirmed the highly anticipated overhauls to the capital gains tax (CGT) discount and negative gearing in a bid to "level the playing field for first home buyers." The 50% CGT discount will be replaced with inflation-adjusted ...

ASX not in a rush to pick next chief executive: Chair

RIDDHIMA TALWANI  |  TUESDAY, 12 MAY 2026
ASX chair David Clarke said the market operator does not want to rush the appointment of its next chief executive. Speaking at the Australian Shareholders' Association 2026 Investor Conference in Melbourne last week, Clarke said succession planning ...

Takeovers Panel denies Atlas Arteria interim order request

KARREN VERGARA  |  MONDAY, 11 MAY 2026
... statement are contrary to the principles of Chapter 6," the target company said. Diamond Infraco 1 currently has a 34.48% stake in Atlas Arteria. A further 1.21% stake is held by or on behalf of clients of IFM Investors. The bidder's statement as ...

Northern Trust appoints APAC head of industry development

VINNY VUCAGO  |  WEDNESDAY, 6 MAY 2026
Northern Trust has appointed David Sara as regional head of industry development for Asia Pacific, as the custodian looks to deepen engagement with asset owners and accelerate growth across the region. Based in Melbourne, Sara will focus on strengthening ...