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02 September 2024 • By Reporter • 1 min read

Iervasi sentenced for role in $54m Ponzi scheme

Tony Iervasi has been sentenced to 11 years in prison, with a seven-year non-parole period, for his role in the Courtenay House Ponzi scheme

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Perpetual’s KKR deal faces scrutiny amid share price decline

Perpetual has faced scrutiny regarding whether its deal with KKR is in the best interests of shareholders, and whether the deal could potentially be ...

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Betashares formally enters super industry with major acquisition

The fund manager has flagged a number of developments as it formally enters the superannuation space. Betashares has announced on Monday it has ...

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How $100bn in changes are reshaping Future Fund’s investment strategy

The Future Fund has made some $100 billion worth of changes to its portfolio between 2020 and today in an effort to keep up with a fundamentally ...

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Experts poke holes in performance test after platform failures

While the test has played a key role in removing underperforming MySuper products, its approach to the Choice segment warrants further discussion, ...

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Aussie ETF industry hits $200bn milestone, on track for $1tn by 2030

The local ETF industry is on track to hit $1 trillion by 2030, according to an ETF provider. The local ETF market surged 37.2 per cent on the year ...

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Government unveils thresholds for when firms need to report mergers

The notification thresholds are a part of the new reforms which seek to strengthen local merger laws by providing oversight powers to the consumer ...

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Fed’s policy shift sends ripples through crypto market

Powell’s hint at imminent rate cuts sparked a brief rally in bitcoin and crypto ETFs, though gains made by the world’s most popular cryptocurrency ...

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CFMEU-linked board members depart Cbus amid pressure and APRA review

Board directors appointed by the Construction, Forestry, and Maritime Employees Union to the Cbus super fund have stepped down. Following ...

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APRA announces ‘pleasing’ 2024 super performance test results

The prudential regulator has released the results of its latest performance test. The Australian Prudential Regulation Authority (APRA) has ...

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