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27 January 2025 • By Keith Ford • 1 min read

Labor committed to Div 296 despite lack of support

Despite the unlikelihood of securing enough Senate crossbench votes for the controversial tax change, the Treasurer remains firm on Division 296

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Milford AM names CEO

Milford Asset Management has appointed a new chief executive to replace Mark Ryland who departs after 11 years. Blair Turnbull will join the New ...

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Trump makes good on his crypto pledge with latest executive order

Amid concerns that Trump was neglecting digital assets, having left them out of his initial batch of executive orders, the President put ink to paper ...

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Global private credit set for rapid growth as ABF and retail markets expand

The global private credit market is poised for rapid growth in 2025, with assets under management expected to reach US$3 trillion by 2028, fuelled by ...

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Clime IM returns to profitability following cost-cutting initiatives

Clime Investment Management declared a small profit in the December quarter, following a statutory loss of $3.8 million in FY2023–24 and subsequent ...

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ASIC prepping regulatory response to ASX’s ‘unprecedented’ CHESS incident

The country’s largest securities exchange has unpacked the details of the CHESS Batch Settlement incident that occurred last month, with ASIC ...

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InvestorDaily article cited in landmark ASIC case against Firstmac

Firstmac has been ordered to pay $8 million in penalties for failing to meet its design and distribution obligations, according to court documents ...

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Trump's DEI crusade could ripple through Australia, warns professional

The growing push for US corporations to rethink their diversity, equity, and inclusion (DEI) policies is sparking concern among Australian ...

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Bitcoin on road to US$120k as promise of pro-crypto future drives momentum

With Trump now officially in the Oval Office, industry experts predict that bitcoin will continue to gain dominance but worry that Australia could ...

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AMP remains overweight on US stocks as focus on AI ups the ante

AMP intends to maintain its overweight position in US shares while keeping alert to quality buying opportunities in select asset classes, including ...

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