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Showing 1 - 10 of 2399 results for "Below"

Atlas Arteria chair resigns as IFM offer deadline inches closer

RIDDHIMA TALWANI  |  TUESDAY, 30 JUN 2026
... continues to reject the offer and states it undervalues the firm, fails to reflect an appropriate premium for control and is below the independent expert's assessed fundamental value. IFM Investors raised its bid for Atlas Arteria to its maximum consideration ...

Advice fee spike raises super concerns: SMC

VINNY VUCAGO  |  MONDAY, 29 JUN 2026
... increase. SMC said the rise coincided with a spoke in super switching activity and warned many younger Australians with balances below $100,000 were moving into self-managed super funds (SMSFS) or platform products that carried significantly higher costs. ...

Union calls on RBA staff to reject pay offer

VINNY VUCAGO  |  MONDAY, 22 JUN 2026
... and advice, and they can't be expected to do it for peanuts," she said. The union noted the proposed wage increases sit below the current consumer price index of 4.2% and compare unfavourably with wage claims being pursued elsewhere in the Australian ...

HESTA launches campaign around super tax benefits

MATTHEW WAI  |  WEDNESDAY, 17 JUN 2026
... option to salary sacrifice (64%) or make a personal after-tax contribution into their super (70%), but awareness was well below 50% for all other options, including government co-contribution (37%), claiming a tax deduction (36%) and downsizer contributions ...

IFM lifts stake in Atlas Arteria to 40% after upping offer price

RIDDHIMA TALWANI  |  TUESDAY, 16 JUN 2026
... reject the offer noting the "bidder can pay more". It said the offer continues to materially undervalue the firm and is 12% below the $5.79 midpoint of the independent expert's valuation range of $5.39 - $6.20. Atlas Arteria also noted that IFM has a ...

IFM raises Atlas Arteria's bid, urges shareholders to accept

RIDDHIMA TALWANI  |  MONDAY, 15 JUN 2026
... undercut Atlas Arteria's value by a $1 billion. "As both the offer price of $4.75 and the maximum consideration of $5.1 fall below our assessed value range for an ALX security, the offer is not fair," Kroll said. IFM, on the other hand, urged shareholders ...

Productivity growth is 'going from bad to worse': PC

ELIZA BAVIN  |  FRIDAY, 12 JUN 2026
... Australia's labour productivity appears stuck at the levels the nation settled into after the COVID-19 pandemic. "We are now 0.1% below where we were in March 2023, when the 'productivity bubble' we saw during the pandemic burst," he said. "A productive ...

Canopy Investors shuts doors, winds up fund

KARREN VERGARA  |  FRIDAY, 5 JUN 2026
... expected to commence winding up on June 22." In the 2026 half year, the fund achieved -9.2% net of fees, which lagged 15.8% below the benchmark's return of 6.7%. Incepted in June 2024, the fund invested in 20 to 40 high-quality, global small- and ...

Almost half of Aussies not making voluntary super contributions

VINNY VUCAGO  |  THURSDAY, 4 JUN 2026
... people are better placed financially," Smith said. Under current rules, individuals with a total superannuation balance below $500,000 can carry forward unused concessional contribution caps from the previous five financial years. For some members, this ...

Invesco, Trinetra IM strategies to wind up

KARREN VERGARA  |  WEDNESDAY, 3 JUN 2026
... Australia, the responsible entity of the fund, said: "Following a review of the fund, Invesco has determined that it remains below the scale required to support its ongoing operation to achieve its intended purpose. As such, we consider it is in the ...
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