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Showing 121 - 130 of 12507 results for "FAC"

US and Aussie shares 'incredibly divergent': UniSuper

VINNY VUCAGO  |  TUESDAY, 2 JUN 2026
The artificial intelligence (AI) investment boom continued to drive US equity markets higher in May, while Australian shares delivered comparatively modest gains amid weaker earnings outlooks and pressure on the banking sector, according to UniSuper ...

Super funds push back on CSLR: SMC

VINNY VUCAGO  |  TUESDAY, 2 JUN 2026
The Super Members Council (SMC) has urged the federal government reject proposals that would expand funding responsibility for the Compensation Scheme of Last Resort (CSLR) to Australians in APRA-regulated superannuation funds, arguing the costs should ...

AFCA to update rules on new genetic testing laws

KARREN VERGARA  |  TUESDAY, 2 JUN 2026
The Australian Financial Complaints Authority (AFCA) is proposing to amend its rules in preparation for recent legislative changes on genetic testing protections in life insurance. Treasury Laws Amendment (Genetic Testing Protections in Life Insurance ...

Big Un finance chief's insider trading charges dropped

KARREN VERGARA  |  TUESDAY, 2 JUN 2026
Big Un's former chief financial officer has been freed of insider trading charges following a hung jury and the Office of the Director of Public Prosecutions (CDPP) concluding it will discontinue further action. Andrew Corner's five-week trial ...

ART pumps $3bn in Australian property funds

ELIZA BAVIN  |  MONDAY, 1 JUN 2026
Australian Retirement Trust (ART) has made its largest annual investment in Australian property, investing $3 billion across six local funds. ART said the investments will help develop housing supply, new offices and jobs-generating industrial land ...

VanEck launches new Australian equity ETF

MATTHEW WAI  |  MONDAY, 1 JUN 2026
VanEck has launched the MSCI Australian Quality Plus ETF (ASX: AQTY), dubbing it the first Australian equity ETF using an "optimised methodology". VanEck said AQTY was developed to address the structural challenges of the Australian share market. The ...

Centrepoint Alliance acquires two advice firms

KARREN VERGARA  |  MONDAY, 1 JUN 2026
Centrepoint Alliance will acquire Queensland financial advice practices Cairns Wealth and Pinnacle Wealth for $3 million from Astute Financial Management. The two practices, which operate within the Astute network, will add three advisers to Centrepoint ...

Retirement fears persist despite rising preparedness: CFS

VINNY VUCAGO  |  MONDAY, 1 JUN 2026
Only half of Australians feel prepared for retirement despite gradual improvements in confidence, with concerns over savings, healthcare costs and financial security continuing to weigh heavily according to new research from Colonial First State (CFS). ...

We don't always vote in complainants' favour: AFCA

MATTHEW WAI  |  MONDAY, 1 JUN 2026
The Australian Financial Complaints Authority (AFCA) addressed a crowd of financial advisers at the MDS Self Licensing Summit 2026, busting the myth the ombudsman is always targeting them. Speaking at a discussion panel at last Thursday, AFCA senior ...

ETF a rising craze among the Gen Z: Vanguard

RIDDHIMA TALWANI  |  FRIDAY, 29 MAY 2026
Vanguard's latest research found younger Australians are more likely to incorporate ETFs into their portfolios, while older Australians continue to rely more heavily on traditional investment vehicles, particularly direct share ownership. In its report ...