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Showing 51 - 60 of 1233 results for "Union"

Cbus lacks stringent director, expenditure policies: Deloitte

JAMIE WILLIAMSON | WEDNESDAY, 4 DEC 2024

... of prior experience in a director or management role in a Registered Organisation, defined in the Skills Assessment as a union, member, employer or industry association or NGO where these organisations are unlikely to have provided direct experience ...

Swan hits back at Bragg: 'That's wrong of you'

ELIZA BAVIN | FRIDAY, 29 NOV 2024

... Swan was also questioned over payments amounting to around $2.3 million to unions, implying that the fund was paying the union or its members. Swan disagreed with that statement, saying the fund only makes payments under partnership agreements, or to ...

Cbus confirms CFMEU nominations to board

ELIZA BAVIN | TUESDAY, 19 NOV 2024

... is a re-nomination and former CFMEU ACT boss. He had resigned from the Cbus board on August 27 and was renominated by the union on September 13. "Jason has extensive experience in super fund governance, tax and financial reporting. Jason rejoins the ...

ASIC escalates super fund enforcement in 2025

KARREN VERGARA | FRIDAY, 15 NOV 2024

... and First Super this year made headlines with respect to their ties with the Construction, Forestry and Maritime Employees Union (CFMEU), putting into doubt the relevance of union representation on super fund boards and pointing the microscope on potential ...

Cbus board still considering CFMEU directors

JAMIE WILLIAMSON | THURSDAY, 14 NOV 2024

... preempt the board's judgement on that," Fok responded. Bragg went on to question the $5.8 million Cbus has paid to the union in recent years, with Fok clarifying the payments are for several things including director payments, the partnerships program ...

Australian Unity offloads banking business

ELIZA BAVIN | WEDNESDAY, 6 NOV 2024

Australian Unity has announced the sale of its banking business to Bank Australia, with the transfer set to be complete in late 2025. Under the agreement, Bank Australia will acquire Australian Unity banking customers and their existing loans, credit ...

Cbus names chief strategy officer

ELIZABETH FRY | FRIDAY, 1 NOV 2024

Former Industry Super Australia chief Bernie Dean will permanently lead strategy and corporate affairs at the $94 billion Cbus. The industry stalwart has been appointed chief strategy officer after acting in the role since July 2024. In welcoming his ...

Cbus implements senior redundancies

ANDREW MCKEAN | THURSDAY, 31 OCT 2024

... research house noted that senior team turnover comes as Cbus' board has been caught by its limited independence and strong union ties, with three members being "forced off the board" in August amid corruption allegations in relation to the Construction ...

Cole puts funds on notice as expenditure data is revealed

ELIZA BAVIN | WEDNESDAY, 30 OCT 2024

... spending $2.34 million with the vast majority of that ($2.3 million) going to the CFMMEU - prior to the Mining and Energy Union withdrawing from what's now the CFMEU in December 2023. The data comes as APRA deputy chair Margaret Cole said the regulator ...

Morningstar flags governance issues, leadership turnover at Cbus

ANDREW MCKEAN | TUESDAY, 29 OCT 2024

... added that senior team turnover comes at a time when Cbus' board has been caught by its limited independence and strong union affiliations, with three members resigning from the board in August following corruption allegations in relation to the CFMEU. ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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