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Apostle taps former Platinum AM chief
Apostle Funds Management has appointed a new chief executive following the departure of managing director Mitchell Gunman earlier this year.
LRBA ban raises questions as new details emerge
New data indicates the impact of the LRBAs ban for SMSFs may have been underestimated, which will affect a market significantly larger than what officials suggested, with major implications for housing supply and competition in the mortgage market.
IFM acquires shopping centre portfolio for $300m
IFM Investors has acquired a shopping centre portfolio to be developed and built by Australian-owned developer-builder Oreana with a value of approximately $300 million, as it seeks to harness a surge in convenience-based shopping.
VanEck targets tech thematics with trifecta launch
VanEck is bringing three ETFs to life for local investors to access thematic investments across several emerging technology sectors, including what it says is "Australia's first dedicated quantum computing ETF."
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Digital assets and where they stand in 2026
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Featured Profile
Hugh Killen
MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
For Hugh Killen, several life lessons came from spending time on pastoral properties stretching across northern New South Wales and South-West Queensland.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
Maybe ASIC staff should have to complete an annual exam to see if they know how to do their jobs.
Maybe AISC should have another exam for Metcraft.
'r b' and 'Steve C' - WELL SAID!! - and nowhere near as silly or funny as it sounds. A bit of 'take your own medicine' won't hurt the 'ol ASIC methinks. Get them tested to see if they act "in the best interests" of those put in their charge! And do it every year and make sure everyone at ASIC does an online CPD to ensure we can be sure they haven't forgotten how to look after those they are supposed to.
Unbelievable that ASIC were allegedly negligent like this. This truly puts risk advisers sins out to pasture compared to the hurt ASIC has, by their alleged inaction, caused the poor unfortunate investors who trusted Storm.
If I had servants in my home this bad they'd be sacked on the spot. The heads at ASIC deserve all they might potentially get in a law suit. Leave the reputable advisers alone and fix your own house first before you puff out your chest and think you know what is best for our industry. Gooses!
Levitt's are hoping 3,000 ex Storm investors will contribute $2,000 each to finance the case. It's taken 5 years to get settlements from the banks and some victims are still waiting. Many Storm investors were retirees - how many will be alive at the end of another protracted court case?