Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 37294 results for "Will"

Castlerock embarks on $30m capital raise

KARREN VERGARA  |  TUESDAY, 19 MAR 2024
... million in assets. The fund manager is currently completing a $60 million, five-level office building in Frankston, which will be leased by the Victorian State Government. The fund was formerly known as the Auslink Property Trust No. 2. Castlerock director ...

ASIC extends ETF class order

KARREN VERGARA  |  TUESDAY, 19 MAR 2024
... Corporations (Relief to facilitate quotation of exchange traded funds on the AQUA Market) 13/721 ([CO 13/721]). The latter will sunset on April 1. The instrument extends the relief to issuers of all types of exchange traded funds (ETFs) and not only ...

Treasury releases draft legislation for new $3m super tax

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... Parliament's ability to fully consider all elements of these proposed measures," it said. "This includes how the measures will impact Government and other defined benefit pension schemes. The proposed measures will add further complexity, red tape, cost ...

Interest rate cut may not come until 2025, experts warn

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... start cutting at its June meeting (if not then in August)," Oliver said. David Robertson from Bendigo Bank agreed. "The RBA will want to see much more progress with core inflation before cutting official rates," Robertson said. Harry Murphy Cruise, Moody's ...

Policymakers face significant challenge in regulating AI

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... Hebner said a balance needs to be struck between encouraging innovation in AI and ensuring safety for citizens. "Mistakes will be made, and they will have important implications for the evolution of AI, the structure of the industry and the cash flow ...

AustralianSuper engages TAL to create retirement option

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... the confidence to spend the savings they had accumulated. "This is a major step forward for AustralianSuper and one that will go a long way in helping members to have the confidence to plan for and enjoy their retirement," Blackmore said. "Retirement ...

Perpetual, Pendal combine multi-asset capabilities

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
Perpetual is creating a new multi asset strategies team, in a move that will see the departure of Pendal Group's head of multi asset. The fund manager said a recent review of its multi-asset capabilities resulted in a decision to merge the existing ...

Brighter Super signs David Koch as ambassador

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
The $30 billion superannuation fund says the partnership "will help demystify complex financial concepts around superannuation and retirement planning" for members, outlining the metrics by which its success will be measured. David Koch, also known ...

GQG builds private markets unit on PAC stakes

KARREN VERGARA  |  MONDAY, 18 MAR 2024
... managers operating in the asset class for US$71.25 million ($108.7bn). The foundations of GQG Private Capital Solutions (PCS) will comprise Avante Capital Partners, Proterra Investment Partners, and Cordillera Investment Partners. It was only in 2023 ...

Mayfair 101 regains control of assets, liquidators abandon claims

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
The terms of a $44 million legal settlement reached between Mayfair 101, James Mawhinney and the liquidators of IPO Wealth Holdings have been released to the public. In July 2022, Mayfair 101, its managing director James Mawhinney, and the liquidators ...