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Showing 781 - 790 of 16730 results for "The Australian"

TenCap hedge fund eyes $3bn AUM

KARREN VERGARA  |  MONDAY, 3 FEB 2025
... of it in that way," he said. "Because the portfolio is run with very tight risk controls, it actually fits into the Australian equities bucket from an asset allocation perspective, not into hedge funds... So, in fact, it fits into the largest bucket ...

Coast Advice teams up with New York private investment firm

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
... New York-based private investment firm that provides growth capital, management resources, and strategic advice. The Australian financial services firm, which has 15 advisers and 2500 clients nationwide, has partnered with Merchant Wealth Partners to ...

The regulatory pendulum has swung too far: FSC

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
... funds management exports by $2 billion each year, supporting a private sector-led economic recovery. He noted "the Australian economy is in a malaise", with GDP growth slowing over 2024 to an annual rate of 0.8%-the weakest in a generation outside the ...

ASX taps Westpac NZ chief risk officer

MATTHEW WAI  |  FRIDAY, 31 JAN 2025
The Australian Securities Exchange (ASX) has found a new chief risk officer, hiring from across the Tasman Sea. Westpac New Zealand chief risk officer Dirk McLiesh will join the ASX on March 3 following the retirement of Hamish Treleaven in September ...

Rest calls for advice reforms, extending SG

ELIZA BAVIN  |  FRIDAY, 31 JAN 2025
Rest has called on the Australian government to implement reforms that it says are critical to make the super system fairer. The super fund released its 2025-26 pre-Budget submission, which outlined 10 key recommendations. These recommendations included ...

Transfer balance cap to rise on July 1

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2025
While the official word will come from the Australian Taxation Office (ATO) in March, the December 2024 inflation figures released by the Australian Bureau of Statistics (ABS) yesterday confirmed the indexation of the cap. Currently $1.9 million, from ...

Best Australian share funds of 2024: Mercer

ANDREW MCKEAN  |  THURSDAY, 30 JAN 2025
... survey. The Hyperion Australian Growth Fund claimed the top spot, delivering a 30.7% return in 2024; it also topped the Australian shares product rankings in 2023 with a 25.1% return. "Hyperion focuses on identifying proven high-quality businesses with ...

Victorian SMSF auditor fails to overturn disqualification

MATTHEW WAI  |  THURSDAY, 30 JAN 2025
... failed to perform under the SIS Act, the Superannuation Industry (Supervision) Regulations 1994. In late 2022, the Australian Taxation Office (ATO) selected three audits compiled by Islam for three different super funds and had expressed concerns. The ...

FOMC holds rates as Chalmers boasts 'our inflation is lower'

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
Treasurer Jim Chalmers has boasted about Labor's policies after the latest CPI reading from the Australian Bureau of Statistics (ABS) reported underlying inflation was now at its lowest point in three years. "Our headline inflation is now lower than ...

ASIC calls out super trustees over 'weak' anti-scam practices

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
The Australian Securities and Investments Commission (ASIC) has written to superannuation trustees urging them to strengthen anti-scam practices, or risk exposing their members to harm. The open letter, signed by ASIC commissioner Simone Constant, outlined ...