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Showing 1 - 10 of 1942 results for "Proposal"

Musk's $106bn fundamental-defying IPO lands on Nasdaq

RIDDHIMA TALWANI  |  FRIDAY, 12 JUN 2026
... despite SpaceX not meeting many of their minimum governance practices." S&P Dow Jones Indices, however, has rejected a proposal to fast-track SpaceX, Anthropic, and OpenAI into the S&P 500, keeping its 12-month seasoning requirement and profitability ...

Accounting sector rejects shifting CSLR costs to SMSFs

VINNY VUCAGO  |  THURSDAY, 11 JUN 2026
Australia's major accounting bodies have urged Treasury to reconsider proposals that would shift Compensation Scheme of Last Resort (CSLR) funding costs onto self-managed superannuation funds (SMSFs), warning the move would unfairly penalise investors ...

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA  |  FRIDAY, 5 JUN 2026
... markets business for $145 million. The ASX-listed wealth firm said BMO made the confidential, non-binding and conditional proposal to acquire the business unit for a cash consideration. The capital markets business provides institutional dealing, research ...

Super funds push back on CSLR: SMC

VINNY VUCAGO  |  TUESDAY, 2 JUN 2026
The Super Members Council (SMC) has urged the federal government reject proposals that would expand funding responsibility for the Compensation Scheme of Last Resort (CSLR) to Australians in APRA-regulated superannuation funds, arguing the costs should ...

CSLR levy must be directed towards bad actors: Burgess

MATTHEW WAI  |  FRIDAY, 29 MAY 2026
... product governance, weak supervision, and failures to enforce existing obligations," he said. In response to Treasury's proposal on how the CSLR applies for SMSFs, the association "strongly" rejects the denial of SMSF investors' access to the scheme ...

'No basis' to ban independent trustee model: Equity Trustees

ELIZA BAVIN  |  THURSDAY, 28 MAY 2026
Equity Trustees has made a submission to Treasury on Enhancing Member Protections in the Superannuation System saying there is "no sound basis" for banning the professional independent trustee model. Equity Trustees said independent trustees look after ...

ASIC moves to extend managed investment scheme relief measures

VINNY VUCAGO  |  THURSDAY, 28 MAY 2026
... managed investment schemes, proposing to remake six legislative instruments due to expire later this year. Under the proposal, the instruments will be extended for a further five years beyond their current expiry date of 1 October 2026, with ASIC stating ...

FAAA pushes for 'fundamental' changes to CSLR

KARREN VERGARA  |  TUESDAY, 26 MAY 2026
... the submission read. In response to Curbing lead generation activity proposed reforms, it is "strongly opposed to any proposal to remove or scale back the existing exemption for financial advisers" with respect to anti-hawking. The exemption is "a critical ...

Government to fast track low-risk foreign investments

RIDDHIMA TALWANI  |  WEDNESDAY, 20 MAY 2026
The government is further strengthening Australia's foreign investment framework in a bid to unlock more investment and subject higher risk proposals to more rigorous scrutiny. This builds on the first tranche of reforms introduced in 2024. The changes ...

ACCC approves Zurich's ClearView takeover

KARREN VERGARA  |  MONDAY, 18 MAY 2026
... recommending ClearView shareholders to vote in favour of the transaction at the scheme meeting, in the absence of a superior proposal and subject to the independent expert's conclusion in its report. Crescent Capital Partners Management, which owns ...
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