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Showing 1 - 10 of 9487 results for "Made"

ASIC cancels AFSL of Australian Fiduciaries

RIDDHIMA TALWANI  |  FRIDAY, 17 JUL 2026
... amount determined by the Australian Financial Complaints Authority (AFCA). The Compensation Scheme of Last Resort (CSLR) then made a payment of $150,000 for the AFCA determination. "In making the cancellation order, ASIC has specified that Australian ...

SS&C axes jobs, shifts roles offshore

RIDDHIMA TALWANI  |  FRIDAY, 17 JUL 2026
... secured a 12-month firing freeze of the roles. FSU said, however, as soon as the moratorium on the job losses lifted, SS&C has made a portion of the staff redundant. The union noted all the jobs in the initial round of redundancies will be performed ...

FAAA warns adviser levies could exceed $5k as ASIC costs climb

VINNY VUCAGO  |  FRIDAY, 17 JUL 2026
... the FAAA said. The association said the combined burden was "a crippling cost imposed on a sector that is almost entirely made up of small businesses" and highlighted the need for the government to address the long-term sustainability of the CSLR. The ...

Swedish PE giant sweetens offer bid for Perpetual

RIDDHIMA TALWANI  |  THURSDAY, 16 JUL 2026
... Trust and Asset Management businesses) and the execution of the sale of Wealth Management," it said. When the first offer was made, Curko had said EQT AB might come back with a revised offer. Curko noted the takeover interest from private equity is expected ...

Mercer Super chief executive steps down

RIDDHIMA TALWANI  |  WEDNESDAY, 15 JUL 2026
... a business and the people I have worked with for many years. I love the people, the culture, the work ethic, and I've made many friends," Ross said in a LinkedIn post. "After 17 years in senior roles with Mercer, it's time to reset my priorities. ...

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI  |  WEDNESDAY, 15 JUL 2026
... Pesnani said. "Apostle's reputation, experience and track record of representing specialist global investment managers made it the natural choice. We look forward to working together to introduce Triton's investment capabilities to investors ...

Special Feature: Rewarding patient capital

PENNY PRYOR  |  TUESDAY, 14 JUL 2026
... attract strong investor interest, at the expense of many other sectors. Early private equity investors in Space X potentially made billions from these investments via the float. Fidelity Investments, for example, is understood to have started investing ...

KKR joins consortium to acquire ASX-listed Steadfast

RIDDHIMA TALWANI  |  TUESDAY, 14 JUL 2026
... executive Robert Kelly stepped aside for two weeks on full pay to enable an external investigation after a workplace complaint made against him. The share price for the firm has fallen ever since falling from $6.20 from October 2025 to $3.95 prior to ...

oOh!media bidders up offer price

RIDDHIMA TALWANI  |  MONDAY, 13 JUL 2026
... to oOh!," it said. "This final process is expected to take up to four weeks." In April, Pacific Equity Partners (PEP) had made an unsolicited takeover bid to acquire oOh!media for $1.40 per share. That was a premium of 64.7% from its last closing prices ...

Government consults on discretionary trust tax

MATTHEW WAI  |  THURSDAY, 9 JUL 2026
... trusts to better align the tax rate on trust income with the tax rates paid by workers, Treasury said. The announcement was made alongside other changes, including the reforms of capital gains tax discount and negative gearing strategies in the Budget ...
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