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Showing 1 - 10 of 18667 results for "ACT"

Australian Unity to shed 195 roles

MATTHEW WAI | FRIDAY, 5 JUN 2026

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses. "Australian Unity is progressing a strategic review ...

More aggressive than ever: ASIC defends First Guardian investigation

RIDDHIMA TALWANI | FRIDAY, 5 JUN 2026

ASIC was pulled up by the Senate Economics Committee over the time it has taken to act against Falcon Capital, the responsible entity for the collapsed First Guardian Master Fund. ASIC chair Sarah Court, attending the first parliamentary committee after ...

Canopy Investors shuts doors, winds up fund

KARREN VERGARA | FRIDAY, 5 JUN 2026

... the partnership between BFML and Canopy." "The decision is not an easy one, however as responsible entity BFML has a duty to act in the best interests of unitholders, and the fund has not been able to achieve the scale required to achieve its aim," he ...

First Super recruits head of investments from Prime Super

MATTHEW WAI | FRIDAY, 5 JUN 2026

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis. Michael McQueen is joining the industry fund on July 1, coming from Prime Super where he was the general ...

Family office succession takes back seat to investments

KARREN VERGARA | FRIDAY, 5 JUN 2026

While family offices have investment strategies down pat, the state of their succession plans paint another story, which reports suggest could undermine a seamless transfer of a vast amount of wealth. On the plus side, most family offices have a robust ...

ASX sees trade volumes soar in May

MATTHEW WAI | THURSDAY, 4 JUN 2026

The Australian Securities Exchange (ASX) saw a substantial growth in trade volumes last month, despite continued lackluster movement in initial public offerings (IPOs). According to its May monthly activity report, ASX reported a 31% increase in total ...

M&G new hire to bolster Australian insto ties

RIDDHIMA TALWANI | THURSDAY, 4 JUN 2026

M&G Investments, a global asset manager with £371.4 billion ($768.8bn) in assets under management, has appointed Cameron Sinclair as head of institutional distribution in Australia. Sinclair will be tasked with strengthening M&G's relationships across ...

Almost half of Aussies not making voluntary super contributions

VINNY VUCAGO | THURSDAY, 4 JUN 2026

Almost half of Australians have never made an additional contribution to their superannuation potentially missing out on a significant opportunity to boost their retirement savings according to new research from Vanguard Australia. The research found ...

Macquarie AM launches global small caps ETF

ELIZA BAVIN | THURSDAY, 4 JUN 2026

Macquarie Asset Management (MAM) has launched a new systematic active ETF, expanding its existing range of active ETFs in Australia. Available today via the ASX, the Macquarie Global Small Companies Active ETF (ASX: MQXS) aims to offer Australian investors ...

Raiz names new chief executive

KARREN VERGARA | WEDNESDAY, 3 JUN 2026

The chief executive of Raiz Invest stepped down after nearly four years in the post and has been replaced by former Selfwealth chief Craig Keary. Brendan Malone left the top job on May 29 and remains on gardening leave until 29 May 2027. Keary commenced ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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