FPA seeks broader scope for CSLR and extension of ASIC levy freeze for another year in Pre-Budget Submission

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The Financial Planning Association of Australia (FPA) has called on the Federal Government to broaden its proposed Compensation Scheme of Last Resort (CSLR) as well as extend the freeze on... Read more continue reading

AZ NGA appoints business improvement specialist to drive future firm strategy

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Professional services company, AZ Next Generation Advisory (AZ NGA) has appointed business transformation specialist, Shannon Wood, to the newly-created role of Head of Business Improvement. Shannon is an experienced operations... Read more continue reading

Mirae Asset Global Investments adds venture capital expertise to its Australian alternatives team

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Mirae Asset Global Investments (“Mirae Asset”) has expanded its Australian alternatives team with the appointment of James McGrath as Director, Alternative Investments. McGrath will work across Mirae Asset’s Alternatives Investments... Read more continue reading

Equity Trustees appointed RE for GQG dividend income fund

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Equity Trustees has been appointed Responsible Entity (RE) by US boutique global equity manager, GQG Partners. GQG Partners specialises in long-only and emerging market equity strategies and was established in... Read more continue reading

Weekly economic and market update – week ending 7 October, 2022

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Investment markets and key developments Share markets had a strong bounce in the middle of the past week from very oversold levels, helped along by the UK tax backflip, softer... Read more continue reading

More appointments at ECP as expansion of investment team continues

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ECP Asset Management has appointed Annabelle Miller as principal to its investment team. Miller will be based in Sydney and will report to chairman and chief investment officer, Dr. Manny... Read more continue reading

BNPL impacted by ASIC Intervention Orders

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Providers of short-term credit and continuous credit contracts are on ASIC’s radar, with ASIC recently issuing two new product intervention orders modifying what fees can be charged when relying on... Read more continue reading

RBA increases 25 basis points: certainly defensible but risks “awkward optics”

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A little surprisingly in my view the Reserve Bank of Australia (RBA) Board meeting today decided on a downshift in the size of the policy increment from 50 basis points... Read more continue reading

HLB Mann Judd makes 11 new appointments

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Accounting and advisory association, HLB Mann Judd, has announced 11 new appointments in its Melbourne, Sydney and Fiji-based firms, effective from 1 October, 2022. The appointments are within the network’s... Read more continue reading

UBS Optimus Foundation announces its Australian chapter to meet growing local demand for philanthropy 

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The UBS Optimus Foundation (“Optimus Foundation”) the independent philanthropic arm of UBS AG, is pleased to announce that it is launching its Australian chapter, the UBS Optimus Foundation Australia. For more than... Read more continue reading