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Showing 1 - 10 of 842 results for "Senate"

More aggressive than ever: ASIC defends First Guardian investigation

RIDDHIMA TALWANI | FRIDAY, 5 JUN 2026

ASIC was pulled up by the Senate Economics Committee over the time it has taken to act against Falcon Capital, the responsible entity for the collapsed First Guardian Master Fund. ASIC chair Sarah Court, attending the first parliamentary committee after ...

KPMG chief resigns after firm admits whistleblower probe fell short

RIDDHIMA TALWANI | MONDAY, 1 JUN 2026

... parliamentary investigation into the whistleblower allegations is currently being led by Senator Deborah O'Neill. Speaking at the Senate Chamber on March 24, O'Neill detailed some of the allegations against KPMG by whistleblower including misappropriation ...

Future Fund chief says staff departure not at 'worrying level'

RIDDHIMA TALWANI | FRIDAY, 29 MAY 2026

... turnover running rate of around 6% in the senior investment team has not reached a "worrying level". Arndt was speaking at a Senate Estimates Committee hearing yesterday about the rise in turnover at the sovereign wealth fund recently. "We tend to have ...

Senate report backs removal 30-hour work threshold for SG

VINNY VUCAGO | TUESDAY, 12 MAY 2026

A Senate Economics Legislation Committee report released this week expressed in principle support for paying super on every dollar earned, including removing the existing 30 hour per week threshold that currently applies to under 18 workers. Under current ...

SMC calls for guaranteed super for domestic workers

ELIZA BAVIN | WEDNESDAY, 15 APR 2026

... would continue to be excluded from guaranteed super. SMC said this was "an omission that can no longer be justified". The Senate Economics Legislation Committee is inquiring into the law which gives rise to the exclusion of part-time domestic workers. ...

Digital assets framework bill passes, paves the way for consumer confidence

MATTHEW WAI | THURSDAY, 2 APR 2026

... 2025, which amends the Corporations Act 2001 and the Australian Securities and Investments Commission Act 2001, passed the Senate on Wednesday. It requires digital asset platforms (DAPs) and tokenised custody platforms (TCPs) to acquire AFSL and oblige ...

Genetic testing laws pass parliament

ELIZA BAVIN | THURSDAY, 2 APR 2026

... confidence about getting a genetic test, knowing it can't be used in insurance underwriting. The legislation, passed in the Senate yesterday, bans the use of predictive genetic test results when assessing a person's application for cover. The Council ...

Senate report provides fuel for CGT discount tweak

JAMIE WILLIAMSON | THURSDAY, 19 MAR 2026

A Senate inquiry into the operation of the capital gains tax discount concluded the concession does skew ownership away from owner-occupiers and impacts wealth and intergenerational inequality. The Select Committee on the Operation of the Capital Gains ...

Aussie veterans front Senate over underpaid pensions

ELIZA BAVIN | THURSDAY, 19 FEB 2026

Fronting the Senate, Finance and Public Administration References Committee, Australian Navy veteran Peter Williamson called on the government to make him whole after it came to light his military pension may have been unfairly reduced. Williamson retired ...

Senate questions APRA's role in Shield, First Guardian disaster

KARREN VERGARA | FRIDAY, 13 FEB 2026

... Shield Master Fund collapses came under the spotlight at a recent parliamentary hearing. APRA chair John Lonsdale told the Senate Economics Legislation Committee that "trustees are the only part of the chain of involvement in the Shield and First Guardian ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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