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Showing 51 - 60 of 7532 results for %22June 22%22

Massive crypto Ponzi scheme unravels

KARREN VERGARA  |  TUESDAY, 30 JAN 2024
... Co-conspirator Rodney Burton, also known as Bitcoin Rodney, was also charged for his alleged role as a promoter of HyperFund. Between June 2020 through to early 2022, Lee and Chunga allegedly promoted HyperFund membership packages that guaranteed investors ...

Treasury unveils Stage 3 tax cuts changes

KARREN VERGARA  |  MONDAY, 29 JAN 2024
... in cost of living for these households reflects rising mortgage interest costs, which almost doubled through the year to June 2023," Treasury said. "The legislated Stage 3 tax cuts are targeted at higher-income earners, following two earlier stages of ...

Australian Ethical super chief goes for growth in 2024

ANDREW MCKEAN  |  TUESDAY, 23 JAN 2024
... a five-year return of 7.1%, and a 6.3% return over the past decade. Concurrent with recent returns, in the year ending 30 June 2023, the $9.67 billion manager notched a 48% increase in funds under management and expanded its customer base by 54% to 127,000. ...

Treasury releases climate disclosure draft legislation

RACHEL ALEMBAKIS  |  TUESDAY, 16 JAN 2024
... period for Scope 3 emissions and "certain climate-related forward-looking statements" for reports issued between July 2025 and June 2028, limiting action related to disclosures to the market regulators, with remedies limited to "injunctions and declarations." ...

Former UniSuper chief appointed to CSLR board

ANDREW MCKEAN  |  TUESDAY, 16 JAN 2024
... transitional board as a non-executive director. O'Sullivan steps into the CSLR board role effective immediately, succeeding June Smith from the Australian Financial Complaints Authority (AFCA). O'Sullivan, a veteran in the financial services industry ...

Cromwell downgrades assets by $192m

KARREN VERGARA  |  MONDAY, 15 JAN 2024
... across eight out of nine properties. The real estate fund manager had about $11.5 billion in assets under management as at June 2023 invested across Australia, Europe and New Zealand. Cromwell chair Gary Weiss said 2023 was a challenging year for the ...

CalSTRS investment chief announces retirement

ANDREW MCKEAN  |  FRIDAY, 12 JAN 2024
California State Teachers' Retirement System (CalSTRS) chief investment officer Christopher Ailman will depart on June 30, after 24 years at the fund. At an Investment Committee meeting, Ailman revealed his intention step down from the position ...

Centuria REIT valuation dives $124m

JAMIE WILLIAMSON  |  FRIDAY, 12 JAN 2024
... or a decline of 5.6%. Meanwhile, the weighted average capitalisation rate across the portfolio grew 26 basis points from June to December end, coming in at 6.26%. As at 30 June 2023, the total book value was $2.23 billion. The remainder of the portfolio ...

Bragg proposes super fund reforms to protect retail investors

ANDREW MCKEAN  |  WEDNESDAY, 10 JAN 2024
... research by Rainmaker Information last year, super funds owned 38% of the market capitalisation of Australian equities as of June 202 2. Industry super funds had invested 18% of their members' assets in Australian stocks, while retail funds had allocated ...

Inflation eases to 4.3%

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2024
... these changes to rent assistance, rents would have increased 8.8% in the period. "Electricity prices have risen 8.8% since June 2023. Excluding the rebates, electricity prices would have increased 19% over this period," she said. Prices for most food ...