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Showing 1 - 10 of 2612 results for "Friday"

Platinum to lose $1bn mandate

JAMIE WILLIAMSON  |  TUESDAY, 6 MAY 2025
... that an institutional mandate worth about $958 million is to be terminated. The termination is to take effect from this Friday. "The impact to profit of the related loss of revenue will be offset by an acceleration of planned cost savings to be delivered ...

AustralianSuper says cyberattack losses total $750k

ELIZA BAVIN  |  MONDAY, 14 APR 2025
... combined $750,000 transferred out of their accounts, which were fully reimbursed this week," AustralianSuper said late Friday. "These members have been offered expert and independent support through IDCARE, which provides tailored advice and assistance ...

Government plans to develop 'fit for purpose' digital asset regime

ANDREW MCKEAN  |  MONDAY, 24 MAR 2025
... making sure Australians can use and invest in digital assets safely and securely with appropriate regulation," they said. On Friday, the government released a Statement on Developing an Innovative Australian Digital Asset Industry, which outlines four ...

State Super: In decline but doing fine

ANDREW MCKEAN  |  FRIDAY, 21 MAR 2025
... you want, he added, is for someone to leave on Thursday and end up with a very different result than if they'd left on Friday. The second challenge is managing the fund collectively. It requires techniques not typically employed in a growing fund, he ...

Svava makes binding offer for Selfwealth, BFG given deadline to counter

MATTHEW WAI  |  MONDAY, 24 FEB 2025
... cents for each of the platform's security - BFG's latest offer has since increased to 25 cents. Through an update last Friday, Selfwealth said should Svava's proposal result in a binding offer - which has happened - it is required by the agreement with ...

CSLR review will scrutinise effect on businesses

KARREN VERGARA  |  MONDAY, 3 FEB 2025
... current and recent reviews and inquiries that may be relevant. Outgoing minister for financial services Stephen Jones last Friday announced the government will launch a review of the scheme. The CSLR was introduced to provide victims of financial services ...

BUSSQ loses legal bid to overturn additional licence conditions

ANDREW MCKEAN  |  MONDAY, 3 FEB 2025
... chair Chris Taylor previously said the proposed licence conditions were "unnecessary" and "potentially impractical." Last Friday, the Federal Court rejected BUSSQ's judicial review application, upholding APRA's decision to impose the additional conditions. ...

Insignia takeover heats up, Bain Capital ups bid

KARREN VERGARA  |  MONDAY, 13 JAN 2025
... Insignia to execute on its own growth plans, when commenting on Bain Capital's proposal, according to Morningstar. Last Friday, Insignia shot down rumours that it fielded a takeover offer from global investment giant Brookfield Asset Management. ...

February rate cut unlikely after inflation data

ELIZA BAVIN  |  WEDNESDAY, 8 JAN 2025
... continuing to demonstrate spending power, based on the strong retail sales in November and December. Record breaking Black Friday sales, which are expected to be up by 2.7% on last year's sales figures, were quickly followed by record Boxing Day ...

Traders left scrambling over ASX settlement outage

MATTHEW WAI  |  MONDAY, 23 DEC 2024
... disrupted two days' worth of trades. The ASX said it detected a "technical issue" on its CHESS Batch Settlement last Friday, forcing trade settlements on December 18 and 19 to be processed today. The ASX has since announced that clearing and settlements ...
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