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Federal Court lifts Merhi's travel ban
Former financial adviser Ferras Merhi is now free to travel as the Federal Court lifted travel restraint orders imposed one year ago.
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Hostplus Balanced (MySuper) option delivered members 10.8% for the financial year 2025-26, while the Indexed Balanced option and the High Growth option returned members 11.06% and 12.61% respectively.
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ASIC has lifted its estimated industry funding levy by almost 20% for 2025-26, with regulated entities expected to shoulder $400.5 million in regulatory costs as the corporate watchdog expands its supervision and enforcement activities.
GQG bleeds over US$7bn in FUM in June
Despite recording positive investment performance, GQG Partners observed a significant outflow, with net outflows of $4.62 billion recorded in the month of June, as FUM slipped to $225 billion at June end, compared to $235.5 billion in the month prior.
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Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.
Does association membership still matter?
With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...
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So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.
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The evolution underway in the US DC system highlights the value of periodically reassessing default design assumptions.
Featured Profile
Blake Briggs
CHIEF EXECUTIVE OFFICER
FINANCIAL SERVICES COUNCIL
FINANCIAL SERVICES COUNCIL
Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.
Joe Hockey is going on about ways to increase tax revenue, but in one foul swoop the John Towbridge report has just handed a massive windfall to the high revenue, low profit, low income, and low tax paying corporates(banks & industry funds).
The government will now lose billions in revenue from the small business that will be wiped out by this slash and burn exercise run by the banks and industry funds against their competitors. Again Joe Hockey fails to protect small business owners, and inadvertently has damaged the countries future tax take in the process.
CBA, NAB, Suncorp, and Industry fund bosses are frothing at the mouth and rubbing their hands together with this latest report from John Trowbridge. It's one of the biggest windfalls these corporates have received in years. With all these companies ramping up 'direct insurance business models' and 'offshore call centres' it must feel like Christmas has come early for them.
It seems that the government won't be happy until we are all working as highly educated 'call centre workers' or as 'check-out operators'. What fools our government representatives are.
They are all pandering to the wrong people. The Corporates don't pay tax or create more jobs. They decrease jobs (offshoring, automation), and minimise their tax. It seems the federal government sees Utopia as a McDonalds & Subway on every street corner, and endless suburbs built around our new churches(i.e. Westfields, Woolies & Coles). What a boring country we have become. We are almost a cardboard cut-out now of the U.S. heading for the same problems they have.
As for the ACCC, who are these people? I think we need a new 'Anti-competition' watchdog. One that actually isn't in the pockets of the corporates and is actually awake.
Joe Hockey show small business that you aren't corrupted by these 'corporates'. Stand up for the small business owner.
Have you forgotten where you came from?