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Showing 741 - 750 of 5843 results for "Property"

Former adviser jailed for six years

JAMIE WILLIAMSON  |  WEDNESDAY, 26 APR 2023
... home to deposits from those same clients. Gordon had told clients to advance unsecured loans to Diverse to undertake property development. At least $1.4 million was loaned by about 10 clients, ASIC said. Approximately $652,500 was used for personal debts ...

Insignia reports advice outflows, adviser losses

JAMIE WILLIAMSON  |  WEDNESDAY, 26 APR 2023
... it did flag that market movement in direct capabilities was marginally negative due to its exposure to UK commercial property via Orchard Street Investment Management, saying this offset the otherwise positive returns from listed equities and alterna ...

Superannuation changes limit tax benefits for top earners: ASFA

ANDREW MCKEAN  |  FRIDAY, 21 APR 2023
... likely to be affected are relatively affluent on a number of measures," the ASFA report said. "Around 25% owned a rental property, around 25% received dividends of over $40,000 a year and around 15% had total income for tax purposes of over $500,000." ...

MA Financial buys marinas, launches fund

CHLOE WALKER  |  THURSDAY, 20 APR 2023
... he said. "They are defensive, cash generative businesses with approximately 90% of revenues relating to boat storage, property rental and boat maintenance which are of a recurring nature." The fundamentals and outlook for Australia's marina market is ...

Fraudster sentenced to eight years behind bars

CHLOE WALKER  |  MONDAY, 17 APR 2023
Former property investment spruiker Anthony Keith Silver has been sentenced to eight years and six months imprisonment for a $1.8 million fraud. Silver was previously shadow director of Capital Growth International Club and All About Property Developments ...

Government divulges vision for superannuation

ANDREW MCKEAN  |  FRIDAY, 14 APR 2023
... Canada, Denmark, and Singapore, are actively seeking to invest in Australia's infrastructure, housing, commercial property, and healthcare sectors. In response, he remarked, "It's a bit weird, isn't it? If we're [the government] partnering ...

Treasury urged to consider housing in super objective

JAMIE WILLIAMSON  |  FRIDAY, 14 APR 2023
... ownership has fallen for younger and lower- to middle-income Australians over the past 40 years. Increases in residential property prices, later workforce entry, delay of household formation and declining housing affordability have all been key factors ...

Super performance test consultation opens

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... benchmarks will be updated in a bid to make the test more accurate. The new test will expand the international unlisted property benchmark to a greater geographical allocation. Australian and international unlisted infrastructure will be updated to a ...

REITs merit place in multi-asset portfolios: Insight

CASSANDRA BALDINI  |  TUESDAY, 4 APR 2023
... be used in conjunction with private real estate on a long-term basis to achieve the desired sectoral, geographic, and property type mix. REITs can also be used to temporarily to complete real estate allocations while capital is still in the process of ...

Aware Super acquires stake in UK developer

ANDREW MCKEAN  |  MONDAY, 3 APR 2023
... of 4000 operational homes, with a secured development pipeline of 6500 homes. Aware Super senior portfolio manager - property Alek Misev said: "This investment will offer our members strong, risk-adjusted returns and diversification benefits in a key-strategic ...