Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 911 - 920 of 3209 results for "Power"

YFYS net must be cast wider: Cbus

ANNABELLE DICKSON  |  FRIDAY, 9 APR 2021
The $59 billion industry fund is calling on the government to include all superannuation products in the proposed performance benchmarks from the same date and to not commence the rest of the measures until all underperforming funds have been removed ...

Praemium expands distribution footprint

KARREN VERGARA  |  TUESDAY, 6 APR 2021
Praemium has appointed two to its distribution team as it continues to build momentum on the back of acquiring Powerwrap. Shane Muscat was appointed head of strategic sales in March, while Dale Wright joins as senior business development manager. Muscat ...

Clime revamps strategy

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 MAR 2021
... obligations by failing to disclose to the market that its $900 million Ichtys Project for the construction of a combined cycle power plant in the Northern Territory was behind schedule and suffering increased project costs. The relaunch of the Clime ...

Super fund ups stake in renewable company

KARREN VERGARA  |  FRIDAY, 26 MAR 2021
A $55 billion super fund has upped its stake into renewable energy company Powering Australian Renewables (PowAR) for an undisclosed figure. Hostplus has increased its investments in PowAR, which operates wind and solar generation. The super fund said ...

ASIC releases fee consent instrument

ELIZABETH MCARTHUR  |  THURSDAY, 25 MAR 2021
ASIC has released three legislative instruments to regulate advice fee consents and lack of independence disclosures, as part of the government's response to the Royal Commission. The first of the three sets the requirements that written consent from ...

PYSP reunites $4.3bn of lost super

KANIKA SOOD  |  FRIDAY, 19 MAR 2021
... super accounts, and approximately 995,000 accounts worth $573 million paid proactively into individuals' bank accounts - a power that only the ATO has," the minister for superannuation, financial services and digital economy Jane Hume said. New data ...

CSC pivots towards divestment

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 MAR 2021
... divested companies like Whitehaven Coal, that have undiversified thermal coal businesses, despite still believing in the power of engagement. "We have divested from undiversified thermal coal producers both domestically and internationally because we ...

Admin fees could balloon from BFID

KARREN VERGARA  |  TUESDAY, 16 MAR 2021
... ban fund activity and investment even if it is in the best financial interest of members. A government giving itself the power to ban legitimate expenses and investment in the best financial interest of members should not be tolerated in a democracy," ...

Super for house deposits will push up prices: ASFA

KANIKA SOOD  |  MONDAY, 15 MAR 2021
... income that can afford a home already. The lobby group also says that housing prices will go up, as people's purchasing power increases. "Australia already has some of the most expensive housing in the world. With the prevailing macro-economic conditions ...

Future Fund buys into renewables

ELIZA BAVIN  |  MONDAY, 15 MAR 2021
Australia's sovereign wealth fund will acquire Tilt Renewables under a scheme of arrangement as part of a consortium. Under the acquisition deal, New Zealand energy company Mercury NZ will acquire the assets while Powering Australian Renewables (PowAR) ...