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Showing 71 - 80 of 4355 results for "Press"

Division 296 legislation passes, LISTO to increase

MATTHEW WAI  |  WEDNESDAY, 11 MAR 2026
The controversial Division 296 superannuation tax has passed through both houses and will take effect from July 1, alongside changes to the Low-Income Superannuation Tax Offset. Treasurer Jim Chalmers announced the passage of the Treasury Laws Amendment ...

ASX loses $100bn as Iran war escalates

ELIZA BAVIN  |  MONDAY, 9 MAR 2026
The ASX 200 saw around $100 billion wiped at the open as the war in Iran continues to escalate. Oil prices have surged more than 20% due to disruptions in the Strait of Hormuz; a critical checkpoint for the world's oil supply. Betashares chief economist ...

Morgan Stanley sheds 2500 global roles

KARREN VERGARA  |  FRIDAY, 6 MAR 2026
... back office will be impacted. This will account for 3% of the global workforce, which comes to about 83,000. The Associated Press reported Morgan Stanley's job cuts would not impact the firm's financial advisers, rather employees who provide ...

Former Tyndall managers to run Bell's first Aussie equities strategy

MATTHEW WAI  |  THURSDAY, 5 MAR 2026
Following its official closure on February 27, three former Tyndall Asset Management portfolio managers will establish an Australian equities function at Bell Asset Management. Bell Asset Management has appointed Tim Johnston, James Nguyen and Scott ...

Cbus calls for tax reform on TPD payouts in pre-Budget submission

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2026
Cbus has used its pre-Budget submission to call for clearer, fairer tax settings on total and permanent disability (TPD) insurance payouts for members under 60 years of age. Cbus said such reforms could save workers and their families thousands of dollars ...

Structural headwinds driving Australian capital offshore: Redican

RIDDHIMA TALWANI  |  TUESDAY, 3 MAR 2026
Structural impediments in the local economy are making offshore investments more appealing for Australian investors, according to NSW Treasury Corporation chief economist Brian Redican. Speaking on the 2026 Financial Standard Economic Outlook webinar ...

Magellan to merge with Barrenjoey for $906m

KARREN VERGARA  |  MONDAY, 2 MAR 2026
Magellan Financial Group will take its current 36% ownership in Barrenjoey Capital Partners all the way, inking a deal worth $906 million to merge the two firms. Under the new entity, Brian Benari will become the group chief executive. Sophia Rahmani ...

Platform cybersecurity, service quality now advisers' deciding factors

MATTHEW WAI  |  FRIDAY, 27 FEB 2026
A new report revealed an uplift in adviser expectations across functionality, service and security from their platform providers. The Investment Trends' 2025 Platform Competitive Analysis and Benchmarking Report reflected a more demanding assessment ...

AFCA receives record complaints in 2025

MATTHEW WAI  |  THURSDAY, 26 FEB 2026
The Australian Financial Complaints Authority (AFCA) received a record number of complaints in 2025, with 111,373 complaints filed in the 12 months to December 31 - up 14% from 2024. Since its establishment, AFCA has received more than 634,000 complaints. ...

Inflation rises 3.8%, rate rise 'firmly in play'

ELIZA BAVIN  |  WEDNESDAY, 25 FEB 2026
The Consumer Price Index (CPI) rose 3.8% in the 12 months to January 2026, according to the Australian Bureau of Statistics (ABS). "The 3.8% annual CPI inflation to January was unchanged from December," ABS head of prices statistics Michelle Marquardt ...