LRBAs fine, but ‘one-stop property shops’ remain a concern: SMSF Association
Despite the risk LRBAs pose on poorly advised SMSFs, the SMSF Association has welcomed the Council of Financial Regulators report which finds limited recourse borrowing poses no risk on the superannuation system. However, the association acknowledged “one-stop property shops” providing unlicensed personal advice remains a concern.
November 17, 2022
Bloomberg New Economy Climate Technology Coalition launched in Singapore
The Bloomberg New Economy Climate Technology Coalition was launched today at the Bloomberg New Economy Forum taking place in Singapore.
November 16, 2022
Nuveen Real Estate and The Switch partner with Flinders University on Adelaide housing asset
Nuveen Real Estate has partnered with Flinders University on The Switch, Adelaide Central, the second project to open in its Australian housing portfolio.
November 16, 2022
Former van Eyk Research CEO sentenced for breach of directors’ duties
Former van Eyk Research chief executive Mark Thomas has been sentenced to one year and three months’ imprisonment, to be served by way of an Intensive Correction Order, for using his position as a director dishonestly with the intention of directly or indirectly obtaining an advantage for himself.
November 16, 2022
AFSL of FTX suspended by ASIC
The corporate regulator has suspended the AFSL of crypto exchange FTX Australia until 15 May 2023.
November 16, 2022
SGCH and Lighthouse scale up to $120 million investment
St George Community Housing (SGCH) has announced it has expanded its affordable essential worker housing portfolio in partnership with Lighthouse Infrastructure.
November 16, 2022
Australian dividends slump in Q3
Australian dividends have declined 13 per cent in underlying total payouts this quarter because of global sector trends played out in the country’s dividend landscape, according to analysis from Janus Henderson.
November 16, 2022
Fogarty to depart Fitzpatricks Private Wealth
Fitzpatricks Private Wealth chief executive Matt Fogarty has stepped down as head of the company and will be replaced in the interim by Jasia Fabig.
November 15, 2022
Schroders announces leadership changes in Asia Pacific
Schroders CEO of Asia Pacific Susan Soh will retire at the end of this year.
November 15, 2022
Peter Warne will join UniSuper
Former Macquarie Bank chair Peter Warne will join UniSuper as an independent non-executive director in January 2023.
November 15, 2022
Spirit Super chair retires
Spirit Super chair Naomi Edwards is retiring on November 30 after 11 years in the role.
November 15, 2022
First Sentier Investors achieves B Corporation certification
Global investment manager First Sentier Investors (FSI) has obtained its certification as a B Corporation (B Corp) for meeting high social and environmental performance standards, transparency, and accountability.
November 15, 2022
