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Showing 831 - 840 of 4067 results for "PAI"

Active Super kickstarts reward program

ANDREW MCKEAN  |  TUESDAY, 21 JUN 2022
Active Super has launched a Super Booster reward program to accelerate the growth of members' super balances. The Super Booster reward program is a 'set and forget' tool for members to top-up their super balances with eligible retail purchases. ...

NSW to introduce options for first home buyers

CASSANDRA BALDINI  |  TUESDAY, 21 JUN 2022
From January 2023 first home buyers in New South Wales will have the option of paying stamp duty or an annual land tax under proposed reforms. The plan, announced in the 2022-23 NSW budget, will see first home buyers purchasing a home up to the value ...

Fair Work Commission raises minimum wage 5.2%

CASSANDRA BALDINI  |  WEDNESDAY, 15 JUN 2022
The Fair Work Commission has today announced a 5.2% increase to the minimum wage which will come into effect from July. The Fair Work Commission has announced that the new minimum wage will be $812.60 per week or $21.38 per hour. The commission panel ...

BGH raises Virtus offer

ANDREW MCKEAN  |  TUESDAY, 14 JUN 2022
BGH Capital has increased its offer to acquire all shares in Virtus Health. The private equity firm will offer shareholders $8.155 cash per share, up from its $8.15 offer made several weeks ago. The increased offer price will apply to all shareholders ...

WAM Leaders, AEG to merge

CASSANDRA BALDINI  |  TUESDAY, 14 JUN 2022
WAM Leaders and Absolute Equity Performance Fund have agreed to merge, with WAM Leaders to acquire 100% of the latter. The announcement to shareholders said that under the scheme implementation, AEG shareholders will receive new WAM Leaders shares as ...

Investors Mutual, Vaughan Nelson partner

CASSANDRA BALDINI  |  THURSDAY, 2 JUN 2022
Investors Mutual partnered with Vaughan Nelson to launch a global SMID cap strategy, the first of its kind to hit the Australian market. The affiliates of Natixis Investment Managers launched the fund, which is the only actively managed global SMID ...

Retirees doing it tough: ASFA

CHLOE WALKER  |  THURSDAY, 2 JUN 2022
ASFA's latest insights show the annual increase in the cost of living for some retirees is the largest seen in 12 years. According to ASFA's Retirement Standard figures for the March quarter, Australians aged around 65 living a comfortable retirement ...

AGL abandons demerger, leadership resigns

CASSANDRA BALDINI  |  MONDAY, 30 MAY 2022
Following shareholder opposition underscored by ESG concerns, AGL will no longer pursue a demerger; a move that sees the departure of its chief executive Graeme Hunt and chair Peter Botten. Today, AGL board of directors announced the company would withdraw ...

Calls for Indigenous super beneficiary changes renewed

ANDREW MCKEAN  |  MONDAY, 30 MAY 2022
The Indigenous Superannuation Working Group will lobby the new federal government to ensure it reprioritises the recognition of kinship structures in Indigenous communities for increased super access. AIST chief executive and Indigenous Superannuation ...

Super funds to reach $1tn by 2040: KPMG

ANDREW MCKEAN  |  FRIDAY, 27 MAY 2022
A recently released KPMG Super Insights report shows Australia could have at least two super funds with over $1 trillion in assets in the next 20 years. KPMG insights suggest AustralianSuper and the Australian Retirement Trust (ART) will dominate the ...