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Showing 1 - 10 of 21991 results for "Business"

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 ...

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI  |  FRIDAY, 5 JUN 2026
... switched to Capstone. It comes as the restricted model continues to struggle with retention. Based on Padua's Accounting the business mode has seen a decline from 330 advisers in December 2025 to 164 currently, a net decrease of (-166) or 50.30%. It ...

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA  |  FRIDAY, 5 JUN 2026
... Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million. The ASX-listed wealth firm said BMO made the confidential, non-binding and conditional proposal to acquire ...

Perpetual acquires majority stake in Interfi

VINNY VUCAGO  |  FRIDAY, 5 JUN 2026
... provider Interfi Systems. Perpetual said the acquisition will strengthen the digital capabilities of its Corporate Trust business while continuing to reduce debt. The ASX-listed financial services group said the transaction aligns with its strategy to ...

Family office succession takes back seat to investments

KARREN VERGARA  |  FRIDAY, 5 JUN 2026
... the founders, they're the ones who created all the wealth. And oftentimes, they're so busy running their core operating business that they haven't thought about it," she explained. "They've never undergone a succession of great wealth before." This often ...

TAL appoints two new board members

MATTHEW WAI  |  FRIDAY, 5 JUN 2026
... experience to the board, including as managing director and chief executive of Bank of New Zealand (BNZ), group executive Business Banking and chief digital, data and analytics officer at NAB, alongside other senior roles at Westpac, BT Financial Group ...

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 ...

US proposes fresh tariffs on Australia

ELIZA BAVIN  |  THURSDAY, 4 JUN 2026
The United States has proposed a fresh 12.5% tariff on Australia after the Office of US Trade Representative alleged Australia had failed to stop goods made with forced labour from entering markets. The Trump administration said Australian government ...

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 ...

BT appoints new head of strategy

KARREN VERGARA  |  THURSDAY, 4 JUN 2026
... Kline, chief product officer at BT, commented: "We're pleased to welcome Simon to BT at an important point for the business. With the Asgard migration successfully behind us, we have strong momentum as we move into our next phase of growth." Kline ...
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