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07 March 2023 • By • 1 min read

Challenger launches quarter-billion-dollar capital raise

The ASX-listed investment management firm is set to issue a new tranche of capital notes to fund subscription of additional Tier 1 capital

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RBA delivers latest rate decision

The RBA has announced its March rate decision.  The Reserve Bank of Australia (RBA) announced a 25 basis point increase on Tuesday, lifting ...

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Magellan confirms retirement of industry veteran

The founder of Magellan-owned Airlie Funds Management is set to retire. In a statement to the ASX on Tuesday, Magellan Financial Group confirmed ...

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Financy makes demands on govt as women’s financial progress takes step back

For the first time in a decade, women’s financial progress finished the year in negative figures. The Financy Women’s Index (FWX), a quarterly ...

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Super is not an ‘asset management tool’: Labor

The Albanese government has responded to criticism about its proposed super tax proposals, stressing the “modest change” would ensure the system is ...

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Expert warns super tax tweak may lead to future tax changes

An expert has suggested that the government could be testing the waters for further tax tweaks with its latest superannuation tax changes

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‘Disheartening’ super gender gap shows more still needs to be done: Morningstar

Morningstar has taken a closer look at APRA’s annual fund-level super statistics. Australia continues to suffer from a significant superannuation ...

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Magellan suffers $800m of outflows, another fall in FUM

The fund manager has experienced yet another month of declines. Magellan Financial Group has declared that it had $45.4 billion in funds under ...

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Bravura confirms $80m capital raising amid $190.9m H1 net loss

After requesting a voluntary suspension of its securities, Bravura has announced an $80 million capital raise.  Bravura has launched a fully ...

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Former CEO and CFO of Benjamin Hornigold charged with dishonesty and misleading the ASX

Former CEO and CFO of Benjamin Hornigold have been charged with dishonest breach of duties and misleading the ASX.  In a statement on Friday, ASIC ...

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