Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 3059 results for "August 5"

ASIC sues CBA over alleged $8.5m in undisclosed fees

VINNY VUCAGO  |  THURSDAY, 12 NOV 2026
The Australian Securities and Investments Commission (ASIC) has launched civil penalty proceedings against Commonwealth Bank of Australia (CBA), alleging around 42,000 CommBiz business customers were charged approximately $8.5 million in undisclosed ...

Private credit under fire again, widespread failings persist

KARREN VERGARA  |  TUESDAY, 10 NOV 2026
Private credit funds continue to lag in improving poor disclosure, distribution and conflict-management practices since ASIC handed down its scathing inaugural report into the opaque sector 12 months ago. A new ASIC investigation finds complex, multi-layered ...

Munro completes GSFM acquisition

VINNY VUCAGO  |  MONDAY, 9 NOV 2026
Munro Partners has completed its acquisition of GSFM Funds Management, consolidating its Australian distribution and funds management operations as it enters a new phase of its partnership with Canadian investment manager CI Global Asset Management ...

ASIC issues serious and final warning on lead generation

VINNY VUCAGO  |  MONDAY, 9 NOV 2026
Financial advice licensees risk losing their licence if they fail to adequately oversee lead generation arrangements, the financial regulator has warned. This comes after ASIC uncovered significant supervision gaps across firms referring consumers into ...

Mall owners count cost as David Jones enters administration

RIDDHIMA TALWANI  |  FRIDAY, 6 NOV 2026
Shopping centre owners Scentre Group and Vicinity Centres have almost $80 million a year in rent at stake after Australia's iconic David Jones went into voluntary administration following 188 years of trading. David Jones occupies space at 17 Westfield ...

RBA delivers another hike in split decision

ELIZA BAVIN  |  WEDNESDAY, 4 NOV 2026
The Reserve Bank of Australia (RBA) lifted the official cash rate yesterday by 25 basis points to 4.85%, in line with expectations. Despite the hike being priced in by markets, the RBA noted the decision to lift interest rates was not unanimous, with ...

Evidentia ex-chief executive quits chair role amid restructure

RIDDHIMA TALWANI  |  TUESDAY, 3 NOV 2026
Evidentia chair and former chief executive Michael Wright will step down, following several senior roles were cut at the managed accounts provider under his successor, Louise Watson, who took the helm in September. Wright was chief executive of investment ...

ASIC takes action on Falcon Capital directors

KARREN VERGARA  |  MONDAY, 2 NOV 2026
ASIC is suing the directors of Falcon Capital, the responsible entity for the failed First Guardian Master Fund, alleging "serious and widespread failures" in their oversight. ASIC commenced civil penalty proceedings in the Federal Court against Falcon ...

Inflation hits 4.3%, RBA says it remains 'too high'

RIDDHIMA TALWANI  |  WEDNESDAY, 28 OCT 2026
Australia's inflation rose to 4.3% in the 12 months to September, according to the latest data from the Australian Bureau of Statistics (ABS). Trimmed mean inflation came in at 3.6%, up from a revised 3.5% in the 12 months to August. Speaking at the ...

Evidentia restructures despite booming assets

KARREN VERGARA  |  TUESDAY, 27 OCT 2026
A major organisational restructure at Evidentia Group has reduced headcount that claimed several senior roles despite the business reporting strong funds under management growth. Newly minted chief executive Louise Watson leads the managed accounts ...
PREVIOUS
NEXT