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Showing 1 - 10 of 4616 results for "Issues"

HSBC Bank fined $35m in landmark scam-protection failures

KARREN VERGARA  |  FRIDAY, 19 JUN 2026
... accessed victims' accounts by impersonating HSBC Australia staff. The bank took 144 days on average to investigate the issues. ASIC held HSBC Australia against the ePayments Code, which regulates electronic payment facilities. Justice Bennett found ...

APRA embeds geopolitical risks management ground rules

KARREN VERGARA  |  THURSDAY, 18 JUN 2026
... undermining customer and market confidence. "Entities therefore need to be able to identify interdependencies early, escalate issues quickly, make clear decisions under stress, and coordinate responses across business areas and with public sector partners," ...

Acenda in the hot seat over enterprise agreement

MATTHEW WAI  |  THURSDAY, 18 JUN 2026
... of MLC Life and Resolution Life in October 2025. The FSU is now calling for an improved offer that ensures the mentioned issues are rectified. The ballot begins next week and runs until June 26. Commenting, FSU national secretary Julia Angrisano said ...

APRA opens consultation to governance reforms

KARREN VERGARA  |  TUESDAY, 16 JUN 2026
... compliance matters and reducing reporting, our goal is to ensure boards have capacity to direct their attention to the issues of most importance." This is the final phase of APRA's governance review. The first phase kicked off in March 2025, when ...

ASX to pay $23m, admits misrepresentation over CHESS replacement

MATTHEW WAI  |  MONDAY, 15 JUN 2026
... million of its own project costs. Further, the project was internally classified 'red', indicating significant unresolved issues or risks, ASIC said. A year later, ASX announced a new CHESS replacement solution would be delivered in two releases, with ...

Trustees lack death benefit claims uplift urgency: ASIC

KARREN VERGARA  |  WEDNESDAY, 10 JUN 2026
... remain high - trustees received over 200,000 IDR complaints in 2024-25. Over half of these complaints related to service issues, with delays in claim handling more broadly representing one of the top five services issues complained about," Report 831 ...

FEATURE | Aged care: The longevity dividend

ELIZA BAVIN  |  TUESDAY, 9 JUN 2026
... able to help their communities. That's the focus I look at and enjoy the most with what I do." Ratcliffe says between issues with government funding and the current high inflation environment, that sustainability aspect has become more difficult ...

More aggressive than ever: ASIC defends First Guardian investigation

RIDDHIMA TALWANI  |  FRIDAY, 5 JUN 2026
... we've done in any other matter. We've stood up around 50-60 people who are working almost around the clock on these issues, and investigations of this nature that involve the dispersion of funds and monies both internationally and to various ...

Older Australians drive majority of super complaints: ASIC

RIDDHIMA TALWANI  |  THURSDAY, 4 JUN 2026
... resulted in $5.8 million in remediation - with general service delay, delay in following instructions and service-related issues the top issues members faced. Total and permanent disability (TPD) was the second highest reason super funds provided remediation ...

Treasury considers reward system for whistleblowers

RIDDHIMA TALWANI  |  WEDNESDAY, 3 JUN 2026
... wrongdoing in the tax and corporate sectors," Mulino said. "They need protection to feel supported in coming forward on issues which may otherwise go undetected." The terms of reference include consideration of whistleblowers' access to justice, and ...
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