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Showing 1 - 10 of 4799 results for "July 1 2014"

GQG sees $6.4bn outflows in July

VINNY VUCAGO  |  WEDNESDAY, 12 AUG 2026
GQG Partners recorded another significant month of client redemptions in July, with net outflows of US$4.5 billion ($6.4b), as the global fund manager continued to face pressure on funds under management. The latest monthly update shows outflows remained ...

Bravura earnings rise nearly 50%

KARREN VERGARA  |  WEDNESDAY, 12 AUG 2026
Bravura Solutions lifted earnings by nearly 50% in the latest round of financial results, with profit after tax hitting $110.9 million. The group reported underlying revenue from customers of $282.6 million, rising 9.6% year on year despite foreign ...

Former director jailed for misuse of $1.75m

VINNY VUCAGO  |  TUESDAY, 11 AUG 2026
Former Equitable Financial Solutions director Usman Siddiqui has been sentenced to six years and six months' imprisonment for dishonestly using his position as a director and misappropriating company funds. Siddiqui, the former sole director of Equitable ...

ASIC ramps up enforcement action

VINNY VUCAGO  |  MONDAY, 10 AUG 2026
ASIC has delivered 150 administrative enforcement outcomes in 2025-26, including the removal or restriction of 87 individuals and businesses from providing financial services as the regulator intensifies action against misconduct across the financial ...

Nomura AM shuffles global listed real estate team

KARREN VERGARA  |  FRIDAY, 7 AUG 2026
Nomura Asset Management Australia has restructured its global listed real estate team amid the exit of its lead James Maydew, who also served as the local chief executive. Maydew resigned from the post of head of global listed real estate on July 24 ...

IFS recovers record $250m in unpaid super

RIDDHIMA TALWANI  |  FRIDAY, 7 AUG 2026
Industry Fund Services (IFS) has recovered a record $250 million in unpaid superannuation in the 2025-26 financial year, bringing its total recoveries to $2.5 billion since the service commenced. This comes just a month after the Payday Super reform ...

ASIC suspends AFSL of GFA Capital Markets

RIDDHIMA TALWANI  |  THURSDAY, 6 AUG 2026
ASIC has suspended the Australian financial services licence (AFSL) of GFA Capital Markets (GFA) for five months after finding multiple client money, reporting obligation and compliance failures. GFA's licence has been suspended from 23 July 2026 to ...

Former Berndale director jailed for $700k in misused funds

VINNY VUCAGO  |  THURSDAY, 6 AUG 2026
Former Berndale Capital Securities director Stavro D'Amore has been sentenced to almost four years' imprisonment after admitting to dishonestly misusing nearly $700,000 of company funds and authorising false statements to ASIC. The Federal Court sentence ...

Treasury rolls out negative gearing, CGT Tranche 2 consultation

KARREN VERGARA  |  WEDNESDAY, 5 AUG 2026
Treasury has launched part two of the negative gearing and capital gains tax (CGT) reforms, hoping to clarify some more of the "complex issues" that apply to a range of specific circumstances and structures. Among the key measures, the government has ...

Sequoia caves into InterPrac sale undertaking, ASIC withdraws proceedings

KARREN VERGARA  |  WEDNESDAY, 5 AUG 2026
With ASIC withdrawing legal proceedings against Sequoia Financial Group after it entered an undertaking not to put the Cross Deed of Guarantee at risk tied to the sale of InterPrac Financial Planning, the group remains coy about the deal with Conquest ...
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