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Showing 1171 - 1180 of 18909 results for "Act"

RBA delivers 'confounding' rates decision

ELIZA BAVIN  |  TUESDAY, 8 JUL 2025
... change overnight, and lower interest rates alone may not be the answer," Malakellis said. "It's a difficult balancing act for the RBA - they would love to give households and businesses a boost, yet the labour market remains resilient and inflation ...

Adviser receives permanent ban over 'dishonest' conduct

MATTHEW WAI  |  TUESDAY, 8 JUL 2025
ASIC has permanently banned financial adviser Barry David King of Melbourne following several years of misusing client funds and falsifying documents. King was found to have engaged in serious misconduct, including concealing information from clients ...

Future Group reveals super fund returns, fee changes

ELIZA BAVIN  |  TUESDAY, 8 JUL 2025
Future Group has announced the returns for smartMonday, GuildSuper and Child Care Super while also announcing a fee reduction for smartMonday members. smartMonday super fund has reduced fees across all investment options effective 7 June 2025, delivering ...

Trade war could have positive impact on Aussie GDP: PC

ELIZA BAVIN  |  TUESDAY, 8 JUL 2025
New modelling from the Productivity Commission (PC) in its annual Trade and Assistance Review (TAR) shows that proposed US trade policy measures will have a marginal direct impact on the Australian economy, but the risks and uncertainty they bring may ...

Findex partners with brokerage firm to deliver 'best-in-class' service

MATTHEW WAI  |  MONDAY, 7 JUL 2025
Findex is entering a joint venture with Ortus Financial to bolster its expertise and breadth of its service. The joint venture will see Findex's lending business progressively evolve into a dedicated, lending-first entity, with a 12-month handover period ...

AustralianSuper's MySuper option returns 9.5%

KARREN VERGARA  |  MONDAY, 7 JUL 2025
AustralianSuper's MySuper option delivered 9.5% p.a. for members in the 2025 financial year, slightly trailing behind its peers. The MySuper Balanced option, in which the majority of its nearly 3.7 million members are invested, has about 25% invested ...

Prime Value expands microcap fund

ELIZA BAVIN  |  MONDAY, 7 JUL 2025
Prime Value Asset Management is opening its Prime Value Microcap Fund to retail investors. Prime Value said the fund is a newly launched retail offering, built on the same investment strategy and managed by the same team behind the former SIV Emerging ...

Plenary adds to executive lineup

MATTHEW WAI  |  FRIDAY, 4 JUL 2025
Plenary Group has unveiled a slew of promotions to its senior management structure, including the appointment of a new chief investment officer. All appointments will continue to work alongside the existing senior management teams in Asia Pacific and ...

ASIC funding levy to charge advisers $46.2m

KARREN VERGARA  |  FRIDAY, 4 JUL 2025
The financial advice sector can expect to contribute $46.2 million to ASIC's industry funding levy for the 2025 financial year, new estimates show. ASIC's Cost Recovery Implementation Statement (CRIS) report shows that advisers who provide personal ...

AMP actions impacted 'hundreds of thousands' of customers: Shine

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
... AMP Life. The firm alleges that NM Superannuation Pty Limited and AMP Superannuation Limited (the AMP trustees) failed to act in the best interests of their members by providing them with expensive insurance policies, resulting in significant and unnecessary ...