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

Search Results

Showing 981 - 990 of 18752 results for "ACT"

Private debt leads fixed income returns: Research

ELIZA BAVIN  |  WEDNESDAY, 23 JUL 2025
The Morningstar Fixed Income Sector Wrap found the fixed income sector has seen a robust 12 months across the board. Morningstar's qualitative research assessments currently cover 79 fixed-income strategies available to Australian investors. "It was ...

ASIC bans investment scammer

KARREN VERGARA  |  WEDNESDAY, 23 JUL 2025
ASIC has permanently banned the founder of Maxwell Financial Services and Asset Capital Holdings, Matthew Allen Beresford, from working in financial services, after he was found guilty of running an investment scam. ASIC has also permanently banned ...

Investments, advice complaints jump 18%

KARREN VERGARA  |  WEDNESDAY, 23 JUL 2025
... complaints involving SMSFs to 1323, comprising one third of complaints in investments and advice. Complaints alleging failure to act in the client's best interest rose 124% to 1266. "What we're seeing in complaints is a clear pattern of conflicted ...

Dexus rebuilds DWSF with $683m investment

ELIZA BAVIN  |  WEDNESDAY, 23 JUL 2025
The Dexus Wholesale Shopping Centre Fund (DWSF) exchanged contracts with Scentre Group to acquire a 25% stake in Westfield Chermside, Brisbane, for $683 million. This fresh investment comes after Dexus Funds Management launched court action against ...

Cbus closes corporate super plan

ELIZA BAVIN  |  WEDNESDAY, 23 JUL 2025
Cbus will close the AME Systems Corporate Super plan and transition members to Cbus Industry Super, effective 1 September 2025. As a result, members will see changes to their insurance cover. "As per the agreement between AME, Cbus Super and the insurer ...

Aware Super expands European footprint

MATTHEW WAI  |  WEDNESDAY, 23 JUL 2025
Aware Super has announced it has acquired APG's stake in apartment-hotel owner and operator The July. Having already acquired a stake of the business in July 2020, it is now the majority shareholder. The announcement is a part of the super fund's ...

Younger Aussies want personalised financial advice: CALI

MATTHEW WAI  |  TUESDAY, 22 JUL 2025
New research conducted by the peak body of life insurance indicated close to half of young Australians want financial advice on life insurance, but only one in 10 receive it. The Council of Australian Life Insurers (CALI) said more Australians between ...

ASIC sues Fortnum Private Wealth

KARREN VERGARA  |  TUESDAY, 22 JUL 2025
... controls in place to deal with cybersecurity risks. It also claims that Fortnum had a statutory obligation under the Corporations Act as a financial licensee, and a contractual obligation arising under its agreement with its ARs to provide them a prescribed ...

CC Capital drags feet on Insignia takeover bid

KARREN VERGARA  |  MONDAY, 21 JUL 2025
CC Capital Partners continues to drag its feet on making an official takeover offer for Insignia Financial, surpassing the two-week timeframe it promised it would make a binding bid within. The announcement released on the ASX this morning states that ...

McKell Institute calls for CGT 'circuit breaker'

ELIZA BAVIN  |  MONDAY, 21 JUL 2025
A new paper from the McKell Institute calls for a major shake-up of capital gains tax (CGT) via a 'circuit breaker' proposal to the stalled national housing debate. The paper suggests increasing or decreasing the CGT discount is too simple of ...