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Showing 1 - 10 of 5447 results for "July"

ANZ chief to retire, external successor named

MATTHEW WAI  |  MONDAY, 9 DEC 2024
... candidate was Nuno Matos. Currently chief executive, wealth and personal banking at HSBC, Matos will take over the top job in July next year. Matos brings over 30 years' experience across retail, commercial, corporate and markets. He spent a decade at ...

AustralianSuper replaces retirement lead

ELIZABETH FRY  |  FRIDAY, 6 DEC 2024
... manager operations. As for Vincent, her title change followed an overhaul of ART's operating model and leadership team in July. Both superannuation funds previously touted the importance of the chief of retirement role. Hancock has been in wealth ...

GESB renews administration mandate

JAMIE WILLIAMSON  |  THURSDAY, 5 DEC 2024
... renewed its mandate with MUFG Retirement Solutions. MUFG Retirement Solutions, formerly Link Group, has held the mandate since July 2014 when the Western Australian government first outsourced the management of its super admin services. The new agreement ...

HMC Capital makes $950m acquisition

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
... senior asset-level financing of around $550 million and deferred settlement terms, with $750 million due on financial close in July 2025, and the remaining $200 million payable in December 2025. "Our move into the energy transition sector reflects the ...

Treasury gives Tranche 2 reform package preview

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
... financial services Stephen Jones said. It comes about six months after the first tranche of reforms passed parliament in early July. First and foremost, the next tranche will create a new class of adviser "to provide safe and simple advice to Australia ...

Total super assets hit $4tn milestone

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024
... by 11.4% over the year to $140.8 billion. "This growth was driven by the increases in the super guarantee rate to 11% from July 2023 and 11.5% from July 2024, and seasonally adjusted wages rising by 3.5% for the year," APRA said. Members contributed ...

Inflation remains in RBA's target range

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2024
... Australia's (RBA) target range. "Annual inflation was steady at 2.1% in October and remains the lowest annual inflation since July 2021," ABS head of prices statistics Michelle Marquardt said. The top contributors to the annual movement at the group ...

$3m super tax faces uncertain future

ELIZA BAVIN  |  TUESDAY, 26 NOV 2024
... Association (SMSFA) has welcomed reports the government's $3 million superannuation tax, which was expected to come into effect 1 July 2025, could be shelved until after the next federal election. SMSFA chief executive Peter Burgess said the proposed ...

APRA maintains policy amid uncertain environment

ELIZA BAVIN  |  MONDAY, 25 NOV 2024
... of economic uncertainty had shifted. "Since APRA's last announcement regarding its macroprudential policy settings in July, inflation has continued to moderate and the risk of higher interest rates has receded somewhat, but we are mindful of potential ...

More guidance crucial for aged care transitions: AMP

MATTHEW WAI  |  MONDAY, 25 NOV 2024
... and investments Melinda Howes said it will come down to the aged care reforms and more affordable financial advice. From July 2025, the government wants to see the cost of aged care linked to the individual wealth of a retiree, with a new means-testing ...
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