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Showing 71 - 80 of 2122 results for "Financial Year"

Early release of super for dental, IVF spikes in FY25

JAMIE WILLIAMSON  |  THURSDAY, 16 OCT 2025
... approved application for early release for dental reasons. This represents a significant increase from the previous financial year where $526 million was withdrawn. The spike in people applying and being approved was also significant, with the ATO receiving ...

BUSSQ streamlines product offering

JAMIE WILLIAMSON  |  THURSDAY, 16 OCT 2025
... product, BUSSQ said. It will also make it easier for the fund to release new insurance features over the coming financial year. "We want our members to feel empowered when it comes to their future and having the option to tailor their investment options ...

Feature: Compliance | Passing the buck

ELIZA BAVIN  |  WEDNESDAY, 15 OCT 2025
... himself to review ASIC's annual reports dating back to 2018. Within them, ASIC lists the powers it has used each financial year and found Section 601FF has only been employed once since 2018. "There's been $1.1 billion lost. It is astonishing ...

ASIC reports 50% jump in investigations in FY25

RIDDHIMA TALWANI  |  THURSDAY, 9 OCT 2025
... reported an increase of 50% in investigations and an almost 20% rise in new civil enforcement proceedings in the financial year 2025. In its report for the full year, ASIC highlighted a ramp up in its enforcement activity and work to address regulatory ...

HESTA hits $100bn in assets

RIDDHIMA TALWANI  |  WEDNESDAY, 8 OCT 2025
... super fund recently announced investment fee reductions across its top four ready-made super options in the last financial year and a lower minimum balance for accessing Income Stream products. The default MySuper Balanced Growth option saw investment ...

Aware Super, TelstraSuper advance merger plans

KARREN VERGARA  |  TUESDAY, 7 OCT 2025
... "business as usual" for now, Davies flagged that a Successor Fund Transfer is expected towards the end of the 2026 financial year. "As we move closer to the merger date, there may be some temporary changes to services while we make important updates ...

Australian Food Super to transition to age-based premiums

MATTHEW WAI  |  TUESDAY, 7 OCT 2025
... Australian Food Super appointed TAL as its group insurer in September 2024, replacing MetLife. In the previous financial year, the fund's MySuper Balanced option returned 7.37% in the 12 months to 30 June 2025, while its Growth and Secure (lowest risk ...

Clime gains ground on culture, business model reset

KARREN VERGARA  |  FRIDAY, 3 OCT 2025
... instability, the ASX-listed wealth group is well on its way to a recovery, having turned in NPAT of $510,676 in the 2025 financial year. But Baragwanath hasn't scratched the surface. He told Financial Standard that his vision is to turn Clime "into ...

QIC delivers $9.6bn for Queensland

ELIZA BAVIN  |  THURSDAY, 2 OCT 2025
... earnings for the state to more than $22 billion since 2022. QIC said despite fluctuating market conditions during the financial year, assets under management grew to $131.6 billion, while an operating profit before tax of $154.1 million saw budget expectations ...

Super complaints decline year-on-year: AFCA

ELIZA BAVIN  |  WEDNESDAY, 1 OCT 2025
... of 1 July 2024 to 30 June 2025. In the superannuation sector, the number of complaints compared to the previous financial year fell from 6288 to 5463. The number of complaints made against each fund was largely in line with their membership size, with ...