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Showing 701 - 710 of 9739 results for "Major"

ANZ hit with $250m capital penalty

ELIZA BAVIN  |  FRIDAY, 23 AUG 2024
... lead to detrimental financial impacts and APRA has no tolerance for such weaknesses persisting," Lonsdale said. "Of the major banks that had capital add-ons applied in 2019, ANZ is the only bank yet to have its add-on either removed or reduced. While ...

New bill seeks to block investments involving Cbus

ANDREW MCKEAN  |  THURSDAY, 22 AUG 2024
... NSW state secretary Darren Greenfield boasted to corrupt building firms that he could secure them lucrative contracts on major construction projects financed by Cbus because of his influence. "Labor and Cbus have refused to recognise any issue with CFMEU ...

Super on parental leave bill hits parliament

JAMIE WILLIAMSON  |  THURSDAY, 22 AUG 2024
The legislation that will ensure superannuation is paid on Commonwealth Paid Parental Leave was tabled today, with the super industry calling for its swift passage. The Paid Parental Leave Amendment (Adding Superannuation for a More Secure Retirement) ...

MA Financial eyes growth with Warburg Pincus, Flexicommercial

MATTHEW WAI  |  THURSDAY, 22 AUG 2024
... $38.3 million. MA Financial pointed to investment for future growth, including the scaling of the MA Money platform as the major factor. Commenting, joint chief executives Biggins and Chris Wyke belive the two initiatives will "significantly broaden ...

Qualitas shines in FY24, Charter Hall contracts

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
Private credit continued to buoy Qualitas' performance in the 2024 financial year while Charter Hall contracted against a tough real estate sector. Qualitas reported a 46% jump in total funds under management (FUM) to $8.9 billion thanks to several ...

Zenith increases defensive investment as recession risk looms

ELIZA BAVIN  |  WEDNESDAY, 21 AUG 2024
... outcome of central banks raising interest rates just enough to bring down inflation to their target levels, without causing a major recession or meaningful increase in unemployment levels." However, despite expectations for a soft landing, Hennessy said ...

HMC Capital sees earnings soar 57%

ELIZA BAVIN  |  WEDNESDAY, 21 AUG 2024
... growth in earnings achieved since the company listed nearly five years ago. "The past 12 months has been HMC establish three major new platforms. HMC is now a truly diversified alternative asset manager with scalable platforms in real estate, private ...

UniSuper enterprise risk lead departs

ELIZABETH FRY  |  MONDAY, 19 AUG 2024
... Ethical Failure, which he penned as a young trader at NAB. During his time with the lender, Gentilin blew the whistle on a major foreign exchange trading scandal that saw the jailing of four of his colleagues on the desk. Motivated by this experience ...

Independent MPs call for super reforms

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
Independent MPs have called for urgent amendments to the Better Targeted Super Bill, particularly regarding the proposed taxation of unrealised gains. The controversial legislation introduces a 30% tax rate for superannuation earnings exceeding $3 million ...

Janus Henderson to buy private credit manager Victory Park Capital

ANDREW MCKEAN  |  TUESDAY, 13 AUG 2024
Janus Henderson will acquire a majority stake in private credit manager Victory Park Capital Advisors after Pacific Current Group agreed to divest part of its interest in the firm. The London-headquartered asset manager said that the acquisition of ...