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Showing 1 - 10 of 146 results for "Ditch"

Sequoia Financial chair resigns

ELIZA BAVIN  |  THURSDAY, 28 MAY 2026
Sequoia Financial chair Michael Ryan has stepped down from the embattled financial services firm, effective June 16. "Mr Ryan's resignation reflects the expansion of his other current board responsibilities, which impact upon the time available for ...

Sequoia delays dividend amid InterPrac sale uncertainty

ELIZA BAVIN  |  THURSDAY, 14 MAY 2026
Sequoia Financial has advised the payment date for the previously declared interim dividend will be delayed from May 15 to June 3. The interim dividend was previously delayed pending the proposed sale of InterPrac to Conquest Investment Partners; however ...

Aussie active equity managers lack persistent outperformance: SPIVA

KARREN VERGARA  |  WEDNESDAY, 13 MAY 2026
... style focus, active management outperformance tends to be relatively short-lived," authors of the report said. Across the ditch, 2025 also proved to be another challenging year for active funds. In New Zealand, most funds underperformed relevant benchmarks ...

Treasury to abolish CGT discount: Reports

KARREN VERGARA  |  TUESDAY, 28 APR 2026
The government is set to ditch the 50% capital gains tax (CGT) discount and revert to the pre-1999 system where the cost base of an asset is adjusted for inflation, according to reports. Major news outlets report that Treasury will announce the change ...

Chalmers teases release of performance test reforms

ELIZA BAVIN  |  WEDNESDAY, 22 APR 2026
Treasurer Jim Chalmers has teased the release of the superannuation performance test reforms, saying they should be expected "in the coming days or weeks". While Chalmers did not say what the reforms will be, he was clear about what he does not want ...

Trump 'playing with fire' over Fed indictment threat

ELIZA BAVIN  |  TUESDAY, 13 JAN 2026
... serving the American people." Betashares chief economist David Bassanese said the move from Trump appears to be a "last-ditch effort" to pressure Powell to not only end his term as chair in May, but also to step down concurrently from the FOMC, despite ...

Ditch cash, curb emotionally led investing: Expert

KARREN VERGARA  |  FRIDAY, 21 NOV 2025
The opportunity costs of leaving cash in a savings account are too high as financial advisers can do more to help manage clients' emotional responses when it comes to taking higher risks with their money, a behavioural finance expert said. At the ...

HESTA, Vision Super divest Israeli securities

KARREN VERGARA  |  FRIDAY, 7 NOV 2025
... also come under fire for profiting off investments in controversial weapons companies linked to the conflict. Across the ditch, its counterpart the New Zealand Super Fund (NZSF), has also been criticised for its holdings in Israeli companies and bonds. ...

Feature: Compliance | Passing the buck

ELIZA BAVIN  |  WEDNESDAY, 15 OCT 2025
The retirement savings of thousands of Australians have been lost in the First Guardian and Shield failures and, while investigations are ongoing, the blame for their collapse and the misconduct that led to it is being passed around like a football ...

Government reviewing $3m super tax

ELIZA BAVIN  |  FRIDAY, 10 OCT 2025
The deputy secretary of the revenue division with Treasury Diane Brown has told a Senate estimates hearing that the government is considering potential changes to Treasurer Jim Chalmers' controversial $3 million superannuation tax legislation. Brown ...
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