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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 ...

Product showcase: Follow the leaders

STAFF WRITER  |  MONDAY, 9 MAR 2026
... to buy or sell any security or financial product, or to engage in or refrain from engaging in any transaction. You should read the relevant Product Disclosure Statement (PDS) and Target Market Determination (TMD) before making any recommendations to ...

MIS review ignores key issues: FAAA

KARREN VERGARA  |  TUESDAY, 3 MAR 2026
... essential that AFCA Rule C1.5 is removed to better allow clients to make complaints against MISs," FAAA's submission read. "Another important impediment is that unpaid determinations by MISs are excluded from the CSLR." There are five recommendations ...

Former IFM executives branch out, launch Black Kite Partners

KARREN VERGARA  |  MONDAY, 2 MAR 2026
Three former IFM Investors executives have launched Black Kite Partners, a private equity investment manager with backing from Scarcity Partners. Last October, IFM announced it was dumping its private equity strategy to prioritise global investments ...

Victory Capital makes 'best-of-both-worlds' offer for Janus Henderson

RIDDHIMA TALWANI  |  FRIDAY, 27 FEB 2026
Victory Capital, the $323.2 billion NASDAQ listed asset manager, has made another takeover bid for Janus Henderson, providing a higher value offer than Trian Fund Management. Calling it a "best-of-both-worlds" proposal, Victory Capital said Janus Henderson ...

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

ELIZA BAVIN  |  WEDNESDAY, 25 FEB 2026
... dollar; we expect further AUD outperformance versus peers." Deloitte Access Economics partner Stephen Smith said today's read will make May a "pivotal" month for the economy as the government is also due to hand down the Federal Budget. "Unless the ...

Chalmers releases retirement phase reforms

ELIZA BAVIN  |  TUESDAY, 24 FEB 2026
... members on retirement income decisions," he said. The Best Practice Principles are voluntary to adopt and "designed to be read holistically". They aim to support trustees in how to gain a deeper understanding of their membership and their retirement ...

UniSuper faces fresh greenwashing allegation

JAMIE WILLIAMSON  |  MONDAY, 23 FEB 2026
... informed; the fund sent an email saying it had made changes but required members to click through to a PDF of a notice to read what the changes were in detail and there was no simple summary provided. In response, UniSuper said: "The Global Environmental ...

QIC partners with Wollemi Capital in new $80m investment

RIDDHIMA TALWANI  |  FRIDAY, 20 FEB 2026
QIC has partnered with Wollemi Capital, a climate specialist investment firm, to invest $80 million in Australia's first commercially scaled food waste to energy plant in Queensland. The Kalfresh Bioenergy Facility will be led by Queensland vegetable ...

Jobs rise in line with expectations, RBA hike still likely

ELIZA BAVIN  |  THURSDAY, 19 FEB 2026
... said, turn-of-year labour market prints tend to be volatile, and further data over the coming months should offer a clearer read on underlying trends," State Street Investment Management APAC economist Krishna Bhimavarapu said. "Focus now shifts to the ...