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Showing 171 - 180 of 10665 results for "May 31"

AFCA expands scam-related complaints, publication rules

KARREN VERGARA  |  FRIDAY, 13 MAR 2026
Expanding its jurisdiction, the Australian Financial Complaints Authority (AFCA) will now publish the names of financial firms that do not meet determinations and investigate scam-related complaints involving receiving banks. AFCA now can publicise ...

March RBA hike now on the cards

ELIZA BAVIN  |  THURSDAY, 12 MAR 2026
Economists have brought forward their Reserve Bank of Australia (RBA) interest rate hike forecasts from May to March. Commonwealth Bank head of Australian economics Belinda Allen said the situation has changed quickly. "After hiking the cash rate in ...

Fixed income becoming an ETP staple: Rainmaker

RIDDHIMA TALWANI  |  THURSDAY, 12 MAR 2026
Rainmaker Information's latest report on exchange traded products (ETP) said fixed income is normalising as a core allocation. It said flow trends have shifted meaningfully from 2022 when equity income strategies were in high demand as investors ...

Digital assets don't need new regulatory logic: ASIC

RIDDHIMA TALWANI  |  THURSDAY, 12 MAR 2026
In its latest paper, ASIC has argued that while digital assets are a technological shift from current financial systems, the foundational regulatory principles for it remains the same. Speaking at the Melbourne money & finance conference, ASIC senior ...

ASIC launches beneficial ownership transparency review

KARREN VERGARA  |  TUESDAY, 10 MAR 2026
ASIC is seeking feedback on how it can strengthen transparency around who ultimately owns and controls listed entities, proposing several amendments it hopes will better corporate transparency, market efficiency and oversight. ASIC said its set of proposals ...

Brisbane financial adviser appears in court on dishonesty charges

RIDDHIMA TALWANI  |  TUESDAY, 10 MAR 2026
Brisbane financial adviser Sunny Mahendra Prakash appeared in the city's Magistrates Court on March 6 to face multiple charges of dishonesty offences. Prakash is a director of Principal Financial Services, Self-Managed Super, Provest Enterprises, and ...

Former MWL Financial adviser banned for six years

ELIZA BAVIN  |  TUESDAY, 10 MAR 2026
ASIC has banned Melbourne-based financial adviser Raluca Terheci from providing financial services, controlling an entity that carries on a financial services business or performing any function involved in the carrying on of a financial services business ...

ASX loses $100bn as Iran war escalates

ELIZA BAVIN  |  MONDAY, 9 MAR 2026
The ASX 200 saw around $100 billion wiped at the open as the war in Iran continues to escalate. Oil prices have surged more than 20% due to disruptions in the Strait of Hormuz; a critical checkpoint for the world's oil supply. Betashares chief economist ...

Australians unlock only 1% of $600bn in home equity: Deloitte

MATTHEW WAI  |  MONDAY, 9 MAR 2026
A new study reveals that around $600 billion of home equity can be unlocked through structured equity release products, yet only a fraction has been used thus far. Deloitte's 2026 Australian Reverse Mortgage Survey - compiled in collaboration with Heartland ...

What Australia must do to be at the forefront of financial innovation

MATTHEW WAI  |  FRIDAY, 6 MAR 2026
ASIC chair Joe Longo highlighted two key development areas for Australia to align with prominent players across the Asia Pacific region, saying the regulator wants to be a backer, not blocker, of financial innovation. Speaking at the Asia Securities ...