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Showing 111 - 120 of 34187 results for "Financial"

Former adviser jailed over $2m SMSF investment scheme

VINNY VUCAGO | WEDNESDAY, 13 MAY 2026

Former financial services director Ashley Arandez has been sentenced to five and a half years imprisonment after admitting to dishonest conduct, operating an unlicensed financial services business and dealing with proceeds of crime tied to $1.97 million ...

Adviser ban stretched to 2028 in ASIC deterrence win

RIDDHIMA TALWANI | WEDNESDAY, 13 MAY 2026

The Administrative Review Tribunal (ART) has prohibited Stephen Rogers from being registered as a financial adviser for another three years. Melbourne-based Stephen Rogers, a representative of United Global Capital, had been prohibited from registering ...

Investors the biggest losers in 2026 Budget

KARREN VERGARA | WEDNESDAY, 13 MAY 2026

... investors The tax changes will have far and reaching consequences for investors, several experts and stakeholders in financial services say. RSM Australia national tax technical partner Liam Telford said: "This is the most significant structural change ...

Industry welcomes government's productivity push

RIDDHIMA TALWANI | WEDNESDAY, 13 MAY 2026

... concerns in the Australian economy. The ABA said the Federal Budget has laid the groundwork to push productivity across financial services. ABA chief executive Simon Birmingham said increasing the focus on improving productivity and regulatory reform ...

ASIC to receive $10m in FY27 to improve MIS supervision

MATTHEW WAI | TUESDAY, 12 MAY 2026

The government will provide the market watchdog $10.3 million in the next financial year to enhance its ability to utilise data in its supervision of managed investment schemes. It comes as the government is providing $17.8 million over four years from ...

Minimum 30% tax for discretionary trusts

KARREN VERGARA | TUESDAY, 12 MAY 2026

... over the past 20 years. The Australian Taxation Office estimates there were 1.02 million registered trusts in the 2023 financial year that made total business income of $489 billion. While there are legitimate reasons to use trusts, such as succession ...

Government to commit $3.7bn to strengthen aged care access

MATTHEW WAI | TUESDAY, 12 MAY 2026

... population," the Budget overview said. This also comes as the review proposes to provide clearer distinction between financial advice and information obtained from aged care providers when it comes to understanding the costs and financial impact of residential ...

Rest faces scrutiny over alleged super reporting error

VINNY VUCAGO | TUESDAY, 12 MAY 2026

... the Australian Taxation Office for an individual who was never a member of the fund. The issue was raised publicly by financial planner Matt Marsh of PlanPlus Wealth Advisers, who said the alleged misreporting could have significant tax consequences ...

ASX not in a rush to pick next chief executive: Chair

RIDDHIMA TALWANI | TUESDAY, 12 MAY 2026

... leadership continuity during the transition period, with Yip bringing more than two decades of experience across global financial markets. Yip said his immediate priority would be maintaining operational resilience, supporting customers while continuing ...

Calls for CGT, negative gearing reforms 'unanimous': Mulino

VINNY VUCAGO | TUESDAY, 12 MAY 2026

Assistant treasurer and minister for financial services Daniel Mulino said changes to capital gains tax (CGT) and negative gearing - which are expected to be outlined in tonight's Federal Budget' - came about after "unanimous calls" for reform ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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