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Showing 71 - 80 of 19910 results for "Bill"

Chalmers chooses 'hard road of reform' in Budget

ELIZA BAVIN  |  TUESDAY, 12 MAY 2026
Treasurer Jim Chalmers has unveiled the Federal Budget, delivering a deficit for 2026/27 of $31.5 billion, as the government prioritises reform over relief. The 2025/26 deficit came in at $28.3 billion, a far cry from the $36.8 billion that had been ...

TelstraSuper-Aware Super merger complete

ELIZA BAVIN  |  TUESDAY, 12 MAY 2026
TelstraSuper and Aware Super have successfully completed their merger, less than a year after they began to explore the proposal. About 85,000 TelstraSuper members have now joined Aware Super via a Successor Fund Transfer (SFT) to create a superannuation ...

Calls for CGT, negative gearing reforms 'unanimous': Mulino

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
Assistant treasurer and minister for financial services Daniel Mulino said changes to capital gains tax (CGT) and negative gearing - which are expected to be outlined in tonight's Federal Budget' - came about after "unanimous calls" for reform ...

GQG reports nearly US$10 outflows, keeps FUM stable

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
GQG Partners has stemmed a substantial US$9.9 billion in outflows offset by stellar investment performance to end April with US$166.9 billion in total assets. Year-to-date figures show the fund manager offsetting nearly US$10 billion in client money ...

Perpetual to wind up fixed income fund

KARREN VERGARA  |  MONDAY, 11 MAY 2026
... over 12 months achieved 3.21% p.a. It was benchmarked against the Bloomberg AusBond Composite and Bloomberg AusBond Bank Bill Index. Nearly 66% of the portfolio is invested in senior debt and 26% in subordinated debt. In a March investment update, the ...

Macquarie Asset Management earnings soar to $2.6bn

KARREN VERGARA  |  FRIDAY, 8 MAY 2026
Macquarie Asset Management's (MAM) earnings soared to $2.6 billion largely driven by bumper performance fees charged on its private markets transactions. MAM's net profit jumped 27% in its full-year reporting period ending March thanks to private ...

Advice industry can't afford CSLR to be an 'unsustainable mess': FAAA

MATTHEW WAI  |  FRIDAY, 8 MAY 2026
... expect the levy to increase the cost of financial advice, as firms move to pass on the impact of a potential $4000 per adviser bill. To offset the cost, 79% said they will be forced to increase client fees. Others are considering scaling back investment ...

ART, Mubadala back CBRE's infrastructure platform

RIDDHIMA TALWANI  |  FRIDAY, 8 MAY 2026
Australian Retirement Trust (ART) has joined a consortium of global investors including Abu Dhabi's sovereign wealth fund Mubadala, in funding CBRE Investment Management-backed critical infrastructure platform Accelerate. Accelerate Infrastructure Opportunities ...

Fintech AUDC hires former UBS director, expands senior team

MICHELLE BALTAZAR  |  THURSDAY, 7 MAY 2026
Digital payments platform AUDC has announced two senior hires, including the appointment of a former director at UBS. The Melbourne-based firm has named Jason Beale as its new head of product and operations, with a focus on expanding the group's institutional ...

Magellan confirms job losses

ELIZA BAVIN  |  THURSDAY, 7 MAY 2026
Magellan has confirmed "a number of roles" will be impacted after it outsourced its global equities strategy earlier this week. The Magellan Global Fund - Open Class Units - Active ETF (ASX: MGOC) and the Magellan Global Fund Hedged investment strategy ...