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Showing 1 - 10 of 199 results for "Foreign investment"

Global investor services group enters Australia

ELIZA BAVIN  |  TUESDAY, 15 APR 2025
... and can't wait to get started together," he said. The acquisition is subject to regulatory approval from the Foreign Investment Review Board. Following approval from the FIRB, AMAL Group will be rebranded to IQ-EQ, and the newly combined global IQ-EQ ...

TAL takes 15% stake in Challenger

KARREN VERGARA  |  MONDAY, 7 APR 2025
... representative on the Challenger board. The transaction is subject to approvals from APRA and the Australian Foreign Investment Review Board (FIRB). Hamilton said: "Dai-ichi Life is a global leader in life insurance and we look forward to building a ...

Bain, CC Capital up Insignia bids

ELIZA BAVIN  |  FRIDAY, 7 MAR 2025
... or CC Capital. The Insignia board said any transaction it enters would be subject to approval from APRA, the Foreign Investment Review Board and Insignia shareholders. The board confirmed it would recommend a $5 per share offer to shareholders, but said ...

AustralianSuper warns outdated tax laws will hurt returns

ANDREW MCKEAN  |  WEDNESDAY, 19 FEB 2025
... AustralianSuper said. AustralianSuper also called for a shake-up of foreign income tax offset rules, noting that foreign investment and the generation of foreign income is likely to "grow exponentially." "The rules in relation to the taxation of foreign ...

CSC sells down data centre holdings to Future Fund, Infratil

KARREN VERGARA  |  TUESDAY, 18 FEB 2025
... infrastructure." The acquisition is due to finalise in the second half of this calendar year, subject to the Foreign Investment Review Board's approval. CSC chief investment officer Alison Tarditi said CDC "has lived up to our expectations as a unique ...

Foreign investors banned from buying homes

ELIZA BAVIN  |  MONDAY, 17 FEB 2025
... support to availability of housing supply. "We will also bolster the Australian Taxation Office's (ATO) foreign investment compliance team to enforce the ban and enhance screening of foreign investment proposals relating to residential property by ...

Cbus divests renewable asset

ELIZA BAVIN  |  THURSDAY, 6 FEB 2025
... acquisition will be subject to typical conditions for transactions of this nature, including approval from the Foreign Investment Review Board.

The regulatory pendulum has swung too far: FSC

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
... leaving their customers with "hefty tax penalties." Others sit with the government, such as streamlining the Foreign Investment Review Board processes for low-risk investments into Australia and reviewing and simplifying the Compensation Scheme of Last ...

Government to streamline financial reporting

ELIZA BAVIN  |  FRIDAY, 24 JAN 2025
... through the biggest overhaul to merger settings in 50 years and our changes to strengthen and streamline the foreign investment regime." The consultation paper seeks feedback on the proposed structure and governance arrangements for a new body responsible ...

Financial services deregulation boosts economy by $2bn: FSC

KARREN VERGARA  |  WEDNESDAY, 22 JAN 2025
... FSC said. This includes simplifying the breach reporting regime and providing a level playing field under the foreign investment framework. For the breach reporting regime, the FSC proposes that breaches that do not result in financial loss or damage ...
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