It seems that every day another ASX listed company is announcing a capital raising with mixed results. Most recently, Vicinity Centres revealed a $1.4 billion capital raising and an analyst is telling investors to subscribe. The shopping centre landlord successfully completed the $1.2 billion institutional raise after announcing it on Monday. A non-underwritten security purchase…
Australian Super has appointed former Coles executive Sarah Adams as group executive, strategy, brand and reputation. She joins from Bushfire Recovery Victoria where she was executive director of communications and stakeholder relations. Prior to that, she was general manager of corporate affairs at Coles and held senior leadership positions within the Federal Government. First Sentier…
As working from home has become the new normal for most people, there are still many opportunities for advisers and investors to cut through the noise and hear insights from some of the best investment managers and research teams from a range of webinars and virtual roundtables being hosted online every day. Netwealth – Are…
BNK Banking Corporation’s chief executive Simon Lyons has stepped down after over four years in the role. Lyons was chief executive of Goldfields Money prior to its renaming at BNK. The company’s deputy chair Don Koch has been appointed as interim chief executive while a search for a permanent replacement is undertaken. Koch has over…
SMSF auditors have been put on notice after the Tax Practitioners Board (TPB) found several tax practitioners falsifying self-managed superannuation fund annual returns. Seventy-four tax practitioners have been identified after lodging 2017 and 2018 SMSF annual returns with an incorrect or fraudulently recorded SMSF Auditor Number (SAN). The review comes after the Australian Taxation Office…
Sunsuper, QSuper and UniSuper are among the top funds announced at the annual Chant West Super Fund Awards. The $75 billion Sunsuper won Super Fund of the Year, Best Fund: Member Services, and Corporate Solutions Fund of the year. Geoff Peck head of client development at Chant West says: “SunSuper is a very strong all-round…
Commonwealth Bank executive Andrew Hall has joined the Insurance Council of Australia (ICA) as its new chief executive. Hall was previously Commonwealth Bank’s executive general manager for corporate affairs for over seven years and before that was director of corporate and public affairs at Woolworths for over six years. Hall will take over from outgoing…
As working from home has become the new normal for most people, there are still many opportunities for advisers and investors to cut through the noise and hear insights from some of the best investment managers and research teams from a range of webinars and virtual roundtables being hosted online every day. BetaShares – Navigating…
If clients are seeking advice on where opportunities are in the Australia share market, they should not overlook a group of Australian technology stocks that withstood the pandemic and have strong growth prospects. Macquarie Securities analysts reveal that some technology stocks have continued to grow throughout the COVID-19 crisis as the disruption has accelerated the…
Lee Hatton has departed Suncorp as its chief executive of banking and wealth after just three months in the job. Hatton acknowledges that her departure is due to the impacts of the commute from Sydney to Brisbane on her family. Bruce Rush has been appointed as acting chief executive of banking and wealth until a…
