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Showing 161 - 170 of 4736 results for "July 31"

Super complaints decline year-on-year: AFCA

ELIZA BAVIN  |  WEDNESDAY, 1 OCT 2025
The Australian Financial Complaints Authority (AFCA) has completed its latest update of the AFCA Datacube, which makes data on complaints publicly accessible to consumers and financial firms. The latest update provides data on complaints made within ...

UBS shutters international shares fund

MATTHEW WAI  |  MONDAY, 29 SEP 2025
UBS Asset Management has decided to terminate the 33-year-old UBS International Share Fund, noting the fund is not at an "optimal size" to continue. The fund is to be terminated on or around October 21. "After analysis of market conditions and investment ...

Inflation rises 3% in August

ELIZA BAVIN  |  WEDNESDAY, 24 SEP 2025
The monthly Consumer Price Index (CPI) indicator rose 3% in the 12 months to August, according to the Australian Bureau of Statistics (ABS). "The 3% annual CPI inflation to August was up from 2.8% to July, making this the highest annual inflation rate ...

Federal court slams director for 'fanciful' asset valuation

ELIZA BAVIN  |  TUESDAY, 23 SEP 2025
The Federal Court has disqualified Queensland-based director David Hodgson from managing corporations for five years and permanently restrained him from engaging in financial services without an Australian financial services licence (AFSL). This comes ...

Age Pension to increase on September 20

JAMIE WILLIAMSON  |  FRIDAY, 19 SEP 2025
The Age Pension is increasing tomorrow, while previously frozen deeming rates will rise by 0.5%. From tomorrow, September 20, the Age Pension will increase by $29.70 a fortnight for singles and $44.80 for couples combined. This will see singles receive ...

Equity Trustees slashes value of Shield investments

JAMIE WILLIAMSON  |  THURSDAY, 18 SEP 2025
Equity Trustees has marked down the value of units held in the Shield Master Fund by as much as 75%, as victims petition the government for $5 million to start a recovery fund. The Save Our Super campaign, comprising victims of the Shield Master Fund ...

ASIC makes 'first-of-its-kind' exemption to broaden digital asset access

MATTHEW WAI  |  THURSDAY, 18 SEP 2025
ASIC has granted class relief for intermediaries engaging in the secondary distribution of a stablecoin issued by a licensed issuer. Unlike commonly known cryptocurrencies like Bitcoin, a stablecoin, where some are considered a financial product under ...

FSC appoints two new directors

ELIZA BAVIN  |  TUESDAY, 16 SEP 2025
The Financial Services Council (FSC) has welcomed two new directors; Scott Hartley and Daniel Shrimski, to its board. Hartley has been a leader of the Australian superannuation industry for more than two decades. He currently serves as chief executive ...

Geopolitics, AI tests prudential regulation: APRA

KARREN VERGARA  |  MONDAY, 15 SEP 2025
In addition to "worsening" cybersecurity risks, geopolitical volatility and artificial intelligence (AI) are creating "unacceptable prudential risks" for APRA. APRA member Therese McCarthy Hockey said geopolitical risk has become a "risk accelerant" ...

Aware Super makes fee changes

ELIZA BAVIN  |  MONDAY, 15 SEP 2025
Aware Super has unveiled a slew of investment and administration fee changes for members. Members in the retirement option recently saw their administration fees drop from 0.23% to 0.17% with the annual cap also reduced from $1500 to $1300. There was ...