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

Search Results

Showing 731 - 740 of 19045 results for "BAS"

Adamantem Capital buys IT provider from EQT

MATTHEW WAI  |  WEDNESDAY, 13 AUG 2025
EQT is selling Nexon Asia Pacific, acquired via its EQT Mid-Market Asia III fund in 2019, to Adamantem Capital. The transaction fees were undisclosed, and it is pending customary conditions and approvals. Founded in 2000, Nexon is a digital and IT services ...

Decade-long ban for UGC director upheld

MATTHEW WAI  |  WEDNESDAY, 13 AUG 2025
The Administrative Review Tribunal has upheld ASIC's decision to ban United Global Capital (UGC) director Joel James Hewish for 10 years, after he lodged a review of the ban handed down in June 2024. The Tribunal conducted two hearings since the application ...

Account number issue causes angst, undue admin work: FAAA

KARREN VERGARA  |  WEDNESDAY, 13 AUG 2025
Flaws in Delivering Better Financial Outcomes (DBFO) Tranche 1 has inundated financial advisers with angst and more administrative work thanks to confusion surrounding account number inclusion in consent forms, according to the Financial Advice Association ...

Former Kerr Neilson staffer pleads guilty to insider trading

KARREN VERGARA  |  WEDNESDAY, 13 AUG 2025
A former employee of Kerr Neilson's family office, Rodney Forrest, has been charged with insider trading and procuring others to trade Platinum Asset Management shares. At Sydney's Local Court yesterday, Forrest pleaded guilty to two counts ...

RBA cuts rates, experts debate next moves

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
As widely anticipated, the Reserve Bank of Australia (RBA) delivered a 0.25% interest rate cut at the August meeting, bringing the official cash rate down to 3.6%. The RBA board noted that the easing in inflation alongside a softening in the labour ...

Insignia offloads IOOF Alliances to Entireti

KARREN VERGARA  |  TUESDAY, 12 AUG 2025
Entireti has acquired IOOF Alliances, a provider of support services for AFSLs, from Insignia Financial for an undisclosed sum. IOOF Alliances will merge with Jigsaw Advice Solutions to form Entireti Alliances. About 70 self-licensed advisory firms ...

Cbus, MLC, AMP Super pump more into Atmos Renewables

MATTHEW WAI  |  TUESDAY, 12 AUG 2025
Cbus, MLC and AMP Super have contributed to a $400 million capital raise for Atmos Renewables, which will support two landmark developments and the creation of some 70 jobs. Atmos was acquired by First Sentier's Igneo Infrastructure Partners in March ...

Norway sovereign wealth fund divests 11 Israeli companies, cuts mandates

KARREN VERGARA  |  TUESDAY, 12 AUG 2025
Norway's US$2 trillion sovereign wealth fund has severed ties with 11 Israeli companies and is in the process of terminating mandates with external managers based in Israel. The sovereign wealth fund's manager, Norges Bank Investment Management ...

CSC quashes internal bullying, sexism claims

MATTHEW WAI  |  MONDAY, 11 AUG 2025
Commonwealth Superannuation Corporation (CSC) chair Janet Torney has rejected suggestions that bullying, harassment or sexism are improperly handled by the organisation. Torney responded to reporting by the Australian Financial Review that CSC received ...

Four men charged over sophisticated bond scam

MATTHEW WAI  |  FRIDAY, 8 AUG 2025
Four residents of Victoria have been charged with a slew of money laundering offences for allegedly using fake social media advertisement and investment comparison sites to help run a bond scam. ASIC alleges that between January and July 2021, Dimitrios ...