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Showing 61 - 70 of 17083 results for "Billion"

Australian ETF market surges to record $346bn

VINNY VUCAGO  |  WEDNESDAY, 13 MAY 2026
Australia's exchange traded fund industry has climbed to a record $346 billion in assets under management after posting one of its strongest monthly gains on record in April. New data from Betashares showed the local ETF market grew by $16.6 billion ...

TCorp awards $1bn mandate to UK insurer

ELIZA BAVIN  |  WEDNESDAY, 13 MAY 2026
TCorp has awarded a $1 billion mandate to UK-based insurance specialist Hiscox Capital Partners. TCorp head of listed and unlisted asset management James Murray told Financial Standard the partnership was a strategic opportunity. "We see this as a strategic ...

Future Fund executive departs after 10 years

ELIZA BAVIN  |  WEDNESDAY, 13 MAY 2026
... technology and data programs that serve the investment mission," Grant said. Grant spent a decade at Future Fund managing $335 billion, most recently as executive director, investment capability and intelligence. During his decade long tenure, he served ...

Future Group invests in energy transition with fresh mandate

MATTHEW WAI  |  WEDNESDAY, 13 MAY 2026
... Since its inception in 2012, I Squared has been investing across the energy transition value chain, deploying over $10 billion (US$7.2bn) across energy transition assets globally. The firm current has some $76 billion (US$55bn) in assets under management ...

Investors the biggest losers in 2026 Budget

KARREN VERGARA  |  WEDNESDAY, 13 MAY 2026
... investors following the collapses of First Guardian and Shield Master Funds. The aged care sector will receive a $3.7 billion boost to increase the supply of residential aged care accommodation, accelerate the release of Support at Home packages and ...

Industry welcomes government's productivity push

RIDDHIMA TALWANI  |  WEDNESDAY, 13 MAY 2026
... economic, environmental, geopolitical and social stresses." The government said it will reduce regulatory costs by $10.2 billion each year, boost long-run GDP by around $13 billion a year and promote $400 million more investment in R&D by young firms ...

Foreign investors housing ban extended

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
... remaining for purchases that directly support housing supply. Alongside the tax measures, the government unveiled a new $2 billion Local Infrastructure Fund to help finance critical enabling infrastructure. The Local Infrastructure Fund aims to support ...

ASIC to receive $10m in FY27 to improve MIS supervision

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
... registered MISs used by retail investors following the collapses of First Guardian and Shield Master Funds, where over $1 billion of retirement savings were lost. The Super Members Council (SMC) welcomed the decision and highlighted the need for more ...

Minimum 30% tax for discretionary trusts

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
... estimates there were 1.02 million registered trusts in the 2023 financial year that made total business income of $489 billion. While there are legitimate reasons to use trusts, such as succession planning and asset protection, Chalmers reasoned that ...

Budget doubles down on housing supply with $2bn infrastructure push

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
Treasurer Jim Chalmers unveiled a new $2 billion Local Infrastructure Fund aimed at accelerating housing delivery and easing development delays. The fund will support local governments and state utilities providers in delivering essential "last mile" ...