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Showing 101 - 110 of 4198 results for "Action"

Inflation remains firm, May rate hike still in play

ELIZA BAVIN  |  THURSDAY, 26 MAR 2026
... recognise people are still under pressure, which is why we're rolling out responsible cost of living relief and taking action to shore up fuel supply and ensure Australians are getting a fair go at the bowser." Chalmers said Australia is not immune from ...

Victory Capital exits Janus Henderson acquisition bid

KARREN VERGARA  |  THURSDAY, 26 MAR 2026
Victory Capital has pulled out of the race to acquire Janus Henderson, saying it was "disappointed" with the process and engagement with the latter's special committee. This leaves on the table the bid made by Trian Fund Management and General Catalyst ...

APRA kicks off Retirement Reporting Framework consultation

KARREN VERGARA  |  TUESDAY, 24 MAR 2026
APRA has launched a consultation on how it can effectively collect and report data from superannuation funds as part of its work under the Retirement Income Covenant. The prudential regulator has released details of how it can work with the industry ...

Sequoia offloads InterPrac in $50k fire sale

KARREN VERGARA  |  MONDAY, 23 MAR 2026
Sequoia Financial Group has offloaded InterPrac Financial Planning for $50,000 to Conquest Investment Partners. Sequoia said the "increasing platform withdrawals for new business for remaining advisers, despite their not being involved whatsoever with ...

Chalmers looks to shore up fuel supply as Iran war continues

ELIZA BAVIN  |  MONDAY, 23 MAR 2026
The conflict in Iran is continuing to escalate after US President Donald Trump issued a 48-hour deadline to the Iranian government to open the Strait of Hormuz, threatening to destroy Iran's energy infrastructure if it doesn't comply. The deadline ...

Janus Henderson says Victory deal could leave it 'gravely damaged'

RIDDHIMA TALWANI  |  FRIDAY, 13 MAR 2026
Janus Henderson has said the takeover bid by Victory Capital is not a superior proposal to the Trian Fund Management offer and will not be in the best interest of its shareholders. Stating the offer by Victory Capital presented significant consummation ...

AFCA expands scam-related complaints, publication rules

KARREN VERGARA  |  FRIDAY, 13 MAR 2026
Expanding its jurisdiction, the Australian Financial Complaints Authority (AFCA) will now publish the names of financial firms that do not meet determinations and investigate scam-related complaints involving receiving banks. AFCA now can publicise ...

Constant slams super funds over complaints handling

ELIZA BAVIN  |  THURSDAY, 12 MAR 2026
... system. Every part of the system has its gaps - platforms, industry, retail, specialists, everyone. And it will require action from everyone - from all of us - to address." Constant said ASIC's priorities around the super sector remain the same and urged ...

ASIC has 'strong appetite' to hold boards to account

ELIZA BAVIN  |  WEDNESDAY, 11 MAR 2026
... for cases where we can define the line of responsibility for directors. Provided we have a reasonable basis for taking action, we won't shy away from cases where the outcome is uncertain." Corrs Chambers Westgarth partner Andrew Lumsden said the extensive ...

Interprac sues AFCA over Shield determination

JAMIE WILLIAMSON  |  TUESDAY, 10 MAR 2026
... its involvement in the Shield collapse, namely its failure to ensure clients' best interests were looked after. The action comes as Sequoia is reviewing the viability of Interprac, having announced last month that the negative media attention it ...