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Bathla collapse rattles private credit

RIDDHIMA TALWANI  |  WEDNESDAY, 26 AUG 2026
Property developer Bathla Group went into voluntary administration yesterday, raising fears that investors will pull back from private credit funds exposed to the sector. In response, MA Financial has introduced a temporary monthly redemption limit ...

Industry reacts to Mulino's sweeping reforms

RIDDHIMA TALWANI  |  THURSDAY, 20 AUG 2026
From the advice sector to super funds, reactions to the sweeping reforms announced by the minister for financial services Daniel Mulino have been broad. Industry superannuation funds have welcomed financial advice reforms announced yesterday, which ...

Pengana threatens legal action against PIA

KARREN VERGARA  |  TUESDAY, 28 JUL 2026
Pengana Capital Group is threatening legal action against Pengana International Equities (PIA) - the Wilson Asset Management-led board LIC - after shareholders overwhelmingly backed a buy-back it objects to, alleging among other things, "material conflicts ...

Morningstar predicts platforms to pull Centuria Bass Credit Fund

KARREN VERGARA  |  TUESDAY, 28 JUL 2026
Amid a ratings downgrade and possible governance issues concerning the Centuria Bass Credit Fund (CBCF), Morningstar predicts the property debt fund will be pulled from major investment platforms and unlikely receive new inflows. In an analyst note ...

EQT AB lifts Perpetual bid to $22.50 a share

KARREN VERGARA  |  MONDAY, 27 JUL 2026
EQT AB has again upped its takeover bid for Perpetual, raising the offer price to $22.50. The private equity firm put in a revised offer price yesterday, which represents a 2% increase on the previous $22.07-per-share proposal announced in mid-July ...

AutralianSuper injects $500m in Indian infrastructure

MATTHEW WAI  |  THURSDAY, 9 JUL 2026
AustralianSuper will increase its commitment to India's National Investment and Infrastructure Fund (NIIF) with a further $500 million, taking the fund's overall holdings in India across all asset classes to $3.3 billion. The new investment ...

Tribunal shortens financial adviser's five-year ban

KARREN VERGARA  |  WEDNESDAY, 1 JUL 2026
Financial adviser Christian Henry has scored a partial win in reducing ASIC's five-year ban on providing personal financial advice to three years upon appeal. Henry was initially banned by ASIC while he worked at MWL Financial Services over advice ...

Lendlease divests from UK build-to-rent asset

RIDDHIMA TALWANI  |  FRIDAY, 26 JUN 2026
Lendlease has divested out of its build to rent (BTR) assets in the UK to Greystar. The divestment alongside its partner Canada Pension Investment Board (CPP Investments) consists of a portfolio of 904 residence at Elephant Park in South London. The ...

Start-ups, small businesses win CGT reform carveouts

KARREN VERGARA  |  FRIDAY, 19 JUN 2026
Treasury has unveiled a package of capital gains tax (CGT) discount carveouts targeting small businesses, and start-ups and their investors following backlash since the reforms were announced in the Budget on May 12. Testamentary trusts will also be ...

Perfect regulatory certainty in digital economy not 'realistic': ASIC

MATTHEW WAI  |  WEDNESDAY, 17 JUN 2026
... date of the bill in April 2027. "If you're looking for regulatory certainty, it's not a binary state. It's not a yes/no; it's on a spectrum," he said. "We would suggest that we have regulatory certainty today, or at least sufficient. ...
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