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| | | Challenger's board has rejected a proposed $7.8 billion takeover by TAL Daiichi Life Australia, saying the $11.80 per share offer falls short of a level it could recommend to shareholders. The annuities provider said directors had assessed the non-binding ... |
| | | | Former Merricks Capital chief operating officer has joined a specialised private credit firm after overseeing Merricks Capital's financial and operational businesses for the past six years. Sandra Chui has joined Privity Credit in the same position ... |
| | | | In line with the government's push to tighten the gap in oversight on financial advice fee deductions from super funds, a solution provider is observing a spike in trustees reaching out for expertise, but highlighted the move is not to assess the ... |
| | | | TAL Daiichi Life Australia, the Australian subsidiary of Japan's Daiichi Life Group, said it has submitted a non-binding indicative proposal to the board of Challenger with a takeover offer. The offer is for TAL to acquire the remaining 79.5% of ordinary ... |
| | | | OKX Australia has launched a perpetual contract, also known as perps, to provide exposure of private companies before they undergo a potential initial public offering (IPO). The Pre-IPO Perpetual Futures allow investors to take long or short positions ... |
| | | | Australia's economy will continue to stagnate over the next 40 years, growing at just 2% annually, according to the latest Intergenerational Report (IGR), which points to the artificial intelligence (AI) revolution to buoy sagging productivity. Treasury ... |
| | | | Australia is in the grips of an unprecedented mental health crisis. It joins a league of other, what anthropologist Joseph Henrich coins as "Western, Educated, Industrialised, Rich and Democratic" or "WEIRD" countries, grappling with the perfect storm ... |
| | | | Property developer Bathla Group went into voluntary administration yesterday, raising fears that investors will pull back from private credit funds exposed to the sector. In response, MA Financial has introduced a temporary monthly redemption limit ... |
| | | | Australians are approaching retirement with growing uncertainty about how superannuation and the Age Pension will work together, with new research pointing to gaps in both preparedness and confidence. Research commissioned by Rest found 43% of members ... |
| | | | For much of Australia's compulsory superannuation era, investing for retirement has been built on a quiet understanding: contribute consistently, trust professional fund managers and allow time to do the work. For a growing number of younger Australians ... |
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