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Showing 151 - 160 of 6470 results for "Fed"

Rest launches clearing house solution

ELIZA BAVIN  |  WEDNESDAY, 3 DEC 2025
Following a successful pilot program, Rest will launch a new clearing house solution to help businesses meet their upcoming Payday Super obligations from 1 July 2026. The super fund said the Rest Pay solution is purpose-built for Payday Super and aims ...

ASIC accuses ALAMMC Group directors of contempt

MATTHEW WAI  |  FRIDAY, 28 NOV 2025
ASIC said that a husband and wife who misappropriated investor funds from their property development scheme operating under ALAMMC Group are guilty of contempt for allegedly, among other things, transferring more than $500,000 from their frozen accounts. ...

Federation AM strengthens ESG oversight with fresh leadership

RIDDHIMA TALWANI  |  WEDNESDAY, 26 NOV 2025
Federation Asset Management has appointed Rebecca Thomas as investment director and head of responsible investments, to lead ESG integration across all of Federation's investment strategies. "Responsible investment shouldn't sit on the sidelines but ...

ASIC acts against MWL, its director and lead generator

ANGELIQUE MINAS  |  THURSDAY, 13 NOV 2025
ASIC is taking legal action against MWL Financial Services, its former director Nicholas Maikousis, and lead generator Imperial Capital Group Australia over alleged Shield advice failures. ASIC alleges that MWL operated a business model that provided ...

'We won't bet against the US', but 'China is not a foe': Elia

ELIZA BAVIN  |  THURSDAY, 13 NOV 2025
Hostplus has no plans to switch up its investment strategies as tensions between the US and China continue to rise, chief executive David Elia told the ASFA Conference 2025. "I don't think it's about having to choose between either country. ...

Colonial First State, AIA agree $140m class action settlement

JAMIE WILLIAMSON  |  WEDNESDAY, 5 NOV 2025
Colonial First State and AIA Australia will pay a combined $140 million to settle a class action lawsuit brought by hundreds of thousands of super fund members who paid excessive insurance fees. The class action was launched by Shine Lawyers in January ...

QIC backs Queensland startup for faster cattle breeding

RIDDHIMA TALWANI  |  TUESDAY, 4 NOV 2025
QIC Ventures has invested $10 million in Queensland agritech firm Nbryo, helping advance its cattle reproductive technology that can reduce seven years of breeding into a week. The seed raise, led by existing investor Tenacious Ventures alongside QIC ...

First Mutual Private Equity gambled $80m of investor funds: ASIC

ANGELIQUE MINAS  |  MONDAY, 3 NOV 2025
Following a Federal Court hearing, freeze orders against Gregory Raymond Cotton and First Mutual Private Equity (FMPE) have been maintained. The orders were first imposed on August 15 after concerns were raised regarding funds raised from around 400 ...

Chris Marco sentenced to prison over $34m fraud

MATTHEW WAI  |  FRIDAY, 31 OCT 2025
Convicted Perth fraudster Chris Marco had his sentence handed down this week, after being found guilty following a five-week trial in September. The Supreme Court of Western Australia has sentenced Marco to 14 years imprisonment, with eligibility for ...

Cbus agrees to pay $23.5m fine

ELIZA BAVIN  |  FRIDAY, 31 OCT 2025
Cbus has agreed to pay $23.5 million to settle the matter brought against it by ASIC in relation to delayed death benefit payments to members. A Cbus spokesperson told Financial Standard the super fund co-operated with the regulator throughout the legal ...