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Showing 181 - 190 of 6875 results for "Act 1993"

Commonwealth Super anticipates advice take-off

MATTHEW WAI  |  MONDAY, 19 JAN 2026
Use of a service that allows hesitant members to dip their toes in to receiving financial advice is expected to almost double in 2026, with 15% seeking intra-fund advice since the inception of its Super Specialist program. Commonwealth Superannuation ...

MWL complainants given $100k in lead decision outcome

MATTHEW WAI  |  MONDAY, 19 JAN 2026
The Australian Financial Complaints Authority (AFCA) has finalised its review of MWL Financial Services' lead decision, confirming the business, which is in liquidation, did not act in the complainant's best interest. In December, AFCA unveiled the ...

Laws to limit US pension plans' use of ESG pass

JAMIE WILLIAMSON  |  FRIDAY, 16 JAN 2026
... which looks to curtail use of ESG by pension funds, particularly those governed under the Employee Retirement Income Security Act (ERISA). The bill was put forth by Congressman Rick Allen, who said the aim was to codify the idea that maximising investment ...

Performance test changes not necessary: ART

ELIZA BAVIN  |  FRIDAY, 16 JAN 2026
Following Treasurer Jim Chalmers' Economic Roundtable last year, changes to the superannuation performance test were flagged as a tool that could allow funds to invest in more diverse asset classes without worrying about failure. However, Australian ...

Diverse leadership cements business growth, positive workplace culture: HESTA

MATTHEW WAI  |  WEDNESDAY, 14 JAN 2026
A new report found that all signatories to the 40:40 Vision initiative believe that greater gender diversity has benefited workplace culture and business performance, but women remain "significantly" underrepresented in executive leadership teams (ELTs) ...

Bullock in 'full solidarity' with Powell

ELIZA BAVIN  |  WEDNESDAY, 14 JAN 2026
Reserve Bank of Australia (RBA) governor Michele Bullock has joined 11 other central bank leaders around the world in showing support for US Federal Reserve (Fed) chair Jerome Powell. This week, the US Department of Justice served the Fed with grand ...

Big tech has "inconsequential" carbon emissions planning: Research

RIDDHIMA TALWANI  |  WEDNESDAY, 14 JAN 2026
Latest research by World Benchmarking Alliance (WBA) has found that top technology companies including Meta, Alphabet, Apple and Microsoft lack in mobilising low-carbon investments through capital expenditure and R&D, even though they have an emissions ...

ASIC seeks feedback on updating financial reports relief guidance

MATTHEW WAI  |  TUESDAY, 13 JAN 2026
ASIC has commenced a consultation on updating the Regulatory Guide 43 Financial reports and audit relief (RG 43), to ensure clarity in granting relief from the financial record-keeping, financial reporting, and audit requirements. The update aims to ...

Trump 'playing with fire' over Fed indictment threat

ELIZA BAVIN  |  TUESDAY, 13 JAN 2026
In an unprecedented move, the US Department of Justice served the US Federal Reserve (Fed) with grand jury subpoenas, threatening a criminal indictment over testimony Fed chair Jerome Powell gave at the Senate Banking Committee in June 2025. The testimony ...

Australia evades tariff shocks, CPI to surge in 2026: UN

MATTHEW WAI  |  MONDAY, 12 JAN 2026
... tariff rate, based on 2024 trade data, reached 8.9% for Australia, reflecting a low International Emergency Economic Powers Act (IEEPA) reciprocal tariff baseline rate of 10%, the report said. Meanwhile, the effective tariff rate for Japan was 14.7% ...