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10 May 2024 • By Keeli Cambourne • 1 min read

Committee backs $3m super tax cap for fairer retirement system

The final draft of the $3 million super tax legislation remains unchanged and will include the taxing of unrealised gains and no indexation

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Pinnacle’s strategic moves position firm for profitability amid market caution, says analyst

In assessing Pinnacle’s recent performance and future outlook, an analyst said it’s evident that the company is on a solid growth trajectory

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CBA share price class action dismissed

A court has dismissed a class action that alleged Commonwealth Bank traded shares at an artificially inflated price amid its failure to comply with ...

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Investors lean on fixed income as risk appetite dips towards neutrality

The most recent State Street Risk Appetite Index reflects a challenging month for bonds and equities, described as “frightful”, yet investor responses ...

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Former investment manager pleads guilty to forging reports

The man was arrested last year over forged reports that allegedly falsely verified or claimed a history of investment returns. Brett Paul ...

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Doubts raised about benefits of KKR deal for Perpetual shareholders

Morningstar’s equity analyst, Shaun Ler, has weighed in on KKR’s proposed acquisition of Perpetual’s wealth management and corporate trust businesses, ...

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Active management essential in transitioning to expanded markets, says professional

According to a professional, the fog of an extended period of limited opportunities is expected to clear, opening up a wider range of opportunities ...

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Betashares announces new fixed income offering

The fund manager has launched a new ETF, providing exposure to floating rate subordinated bonds issued by the big four banks. Betashares has ...

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HESTA interim CFO takes up permanent role

Natalie Kelly has been appointed to the role permanently. She was appointed to the role on an interim basis in March 2024 following the departure ...

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CBA reports quarterly profit drop as arrears grow

The big four bank has seen its cash profit decline 5 per cent compared to the previous third quarter. Commonwealth Bank has reported a quarterly ...

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