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Showing 1631 - 1640 of 5260 results for "SCA"

Six cases brought against Westpac now finalised

JAMIE WILLIAMSON  |  FRIDAY, 22 APR 2022
The six Federal Court cases brought against Westpac by ASIC late last year have been finalised, with the banking giant to pay a total of $113 million in penalties. A decision in the final of the six matters, all overseen by Justice Beach, was handed ...

Cyber attacks scare directors: WTW

ELIZABETH MCARTHUR  |  FRIDAY, 22 APR 2022
Company directors are understandably spooked by the threat of cyber attacks, extortion and ransomware, a survey has found. The new survey from Willis Towers Watson and Clyde & Co identified the key risks for directors and officers of companies. Cyber-attacks ...

Hines enters Australian industrial sector

CHLOE WALKER  |  FRIDAY, 22 APR 2022
The global investment firm has purchased a portfolio of four logistics properties in Sydney and Brisbane for a combined $211.5 million from local fund manager Pipeclay Lawson. They will be held by the Hines Asia Property Partners (HAPP) a diversified ...

Regulators release crypto, cyber security roadmaps

CHLOE WALKER  |  THURSDAY, 21 APR 2022
The prudential regulator has set out in a letter its initial risk management expectation for individuals that engage in activities associated with crypto assets, as well as a policy roadmap for the future. In particular, APRA expects that all regulated ...

CBA dismisses rumours of crypto tie-up

CHLOE WALKER  |  WEDNESDAY, 20 APR 2022
Commonwealth Bank of Australia is denouncing claims of a partnership with a cryptocurrency trading platform that came from an alleged false news article. The article, which claimed to be a report from the Australian Broadcasting Corporation (ABC) news ...

Millennial super fund fails to GROW

JAMIE WILLIAMSON  |  TUESDAY, 19 APR 2022
Almost five years to the day that it first launched, GROW Super will close its doors. Diversa Trustees, the trustee for GROW Super, has informed members it is closing the product. Since its launch in 2017, GROW Super has been touted as a serious competitor ...

Real unemployment far higher than ABS claims: Roy Morgan

ANDREW MCKEAN  |  TUESDAY, 19 APR 2022
While Australia's unemployment rate has fallen to its lowest level since the pandemic began, there are still millions who remain unemployed or under-employed. Unemployment and under-employment are rife, with the latest Roy Morgan findings showing that ...

Heritage Bank, People's Choice proceed with merger plans

CHLOE WALKER  |  TUESDAY, 19 APR 2022
The banks are moving forward with plans to merge following a rigorous due diligence process. The merger between Heritage Bank and People's Choice Credit Union is set to create an organisation with about 720,000 members and $22.5 billion in total assets. ...

BlackRock backs stablecoin issuer

CHLOE WALKER  |  WEDNESDAY, 13 APR 2022
Circle Internet Financial has entered into an agreement for a $400 million funding round with investments from BlackRock and Fidelity Management and Research. The global internet finance firm is also the issuer of USD Coin (USDC), one of the fastest ...

Legalsuper invests in innovation

JAMIE WILLIAMSON  |  TUESDAY, 12 APR 2022
Legalsuper recently awarded two active investment mandates in support of innovation and female founders. The first of the two was awarded to Acorn Capital for investment in its Emerging Growth Strategy. The strategy invests in mis-priced ASX-listed ...