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Showing 941 - 950 of 14001 results for "Current"

Alpencrest ramps up expansion, signs Aussie affiliate

KARREN VERGARA  |  FRIDAY, 21 FEB 2025
Alpencrest Capital, a funds management incubator focused on distribution, has signed up its fifth affiliate and expects to come to market with three unit trusts in five months' time. Read Price and Camilla Love set up Alpencrest 18 months ago and officially ...

Super moves: Aware Super, CareSuper

ELIZABETH FRY  |  THURSDAY, 20 FEB 2025
Aware Super has added a new associate portfolio manager to its infrastructure team. In the new role at the $190 billion superannuation fund, Sue Jiang is responsible for the origination of new investment opportunities and managing the existing investments ...

CSLR levy pain could hit $123m: FAAA

KARREN VERGARA  |  THURSDAY, 20 FEB 2025
The Compensation Scheme of Last Resort (CSLR) levy could potentially catapult to $123 million in the 2027 financial year, new estimates from the Financial Advice Association of Australia (FAAA) shows. Following the bombshell that the 2026 CSLR levy ...

Insignia Financial improves losses amid takeover

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2025
Insignia Financial reported a statutory net loss of $17 million in the first half amid its ongoing takeover discussions. The loss is an improvement on the prior corresponding period when it reported a statutory net loss of $50 million. Its underlying ...

AustralianSuper warns outdated tax laws will hurt returns

ANDREW MCKEAN  |  WEDNESDAY, 19 FEB 2025
... at a competitive disadvantage that could drag on returns. In its pre-budget submission, AustralianSuper argued that the current tax system framework is weighing on the industry, creating uncertainty and tilting the playing field against super funds competing ...

Global tariffs to spike under Trump: Economist

KARREN VERGARA  |  WEDNESDAY, 19 FEB 2025
... under Trump's first administration saw the average tariff rate go from 1% to 2% - effectively doubling. Under the current administration, recent tariffs slapped on Canada, China, and Mexico will likely lift the average rate from 2% to 10%. "If you ...

RBA delivers 'cautious' cut, road ahead unclear

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2025
The Reserve Bank of Australia (RBA) cut the cash rate by 25 basis points, bringing the official interest rate down to 4.1%. While the cut was widely expected, the RBA was quick to diffuse any hopes of a quick cutting cycle. "A range of indicators suggest ...

HMC Capital boosts AUM by 45% to $19bn

KARREN VERGARA  |  TUESDAY, 18 FEB 2025
HMC Capital's slew of acquisitions skyrocketed assets under management (AUM) by 45% in the half year to December to $18.5 billion. At the rate it is going, the alternatives fund manager expects to double AUM to $50 billion over the next three to ...

Australian GDP growth 'steady but not solid': La Trobe

MATTHEW WAI  |  TUESDAY, 18 FEB 2025
... David Tagg dissected some of the key economic themes for the year ahead. Tagg highlighted some of the biggest risks in the current economic climate, including the bleak GDP growth Australia is generating. Although the unemployment rate in Australia has ...

Housing construction lags broader economy by 49%: PC

KARREN VERGARA  |  MONDAY, 17 FEB 2025
... directly to the construction of dwellings, such as those related to the design of houses," the report said. Wood said the current level of housing regulation is burdensome, and its complexity is adding unnecessarily to the cost of housing and weighing ...