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Showing 201 - 210 of 2390 results for "Mater"

CA ANZ launches AI fluency certificate for finance professionals

ANDREW MCKEAN  |  TUESDAY, 8 APR 2025
Chartered Accountants Australia and New Zealand (CA ANZ) has launched an AI Fluency certificate to arm financial professionals with the skills to work with Generative AI. CA ANZ group executive education and marketing Simon Hann said the certificate ...

RBA flags 'policy changes' could derail super

ELIZA BAVIN  |  FRIDAY, 4 APR 2025
The Reserve Bank of Australia (RBA) has said the superannuation sector being derailed by liquidity challenged could pose a threat to the country's financial stability. In the RBA's April Financial Stability Review, the bank said while super funds are ...

APRA hits ANZ with $1bn capital penalty

ELIZA BAVIN  |  THURSDAY, 3 APR 2025
The Australian Prudential Regulatory Authority (APRA) has accepted a Court Enforceable Undertaking (CEU) from ANZ to address ongoing weaknesses in the bank's non-financial risk management practices and risk culture. APRA also increased the capital add-on ...

Jones clarifies scope of new class of adviser

ANDREW MCKEAN  |  FRIDAY, 28 MAR 2025
Minister for financial services Stephen Jones has ruled out talk that the new class of adviser could provide holistic personal retirement advice and acknowledged the need to reform the Compensation Scheme of Last Resort (CSLR) during a post-budget briefing ...

Hearts & Minds revalues position amid Opthea fallout

JAMIE WILLIAMSON  |  WEDNESDAY, 26 MAR 2025
Following Regal's lead, Hearts & Minds Investments has now also revalued its holding in Opthea following its failed clinical trials. Yesterday, Regal announced it had significantly devalued its holdings in the biopharmaceutical company after it ...

Payday super on track, but so is the $3m super tax

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
A breakdown of government revenue revealed the superannuation sector will contribute $25.6 billion to the government's bottom line in 2025-26 - an uplift of $9.7 billion since the MYEFO from taxes on the sector. "The upgrade to superannuation fund ...

DBFO reforms package 'pretty disappointing': FAAA

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
The Financial Advice Association Australia (FAAA) has come out swinging against Treasury and its second tranche of draft Delivering Better Financial Outcomes (DBFO) reforms, saying it can't support them without "substantial change." FAAA chief executive ...

Regal slashes holdings in Opthea over insolvency concerns

KARREN VERGARA  |  TUESDAY, 25 MAR 2025
Regal Asian Investments (ASX:RG8) has significantly devalued its holdings in biopharmaceutical company Opthea after the latter flagged insolvency concerns amid the failure of a major clinical trial. RG8 has been forced to drop Opthea's value to ...

Powerhouse Ventures to launch flagship fund

ELIZA BAVIN  |  MONDAY, 24 MAR 2025
Powerhouse Ventures has provided an update on its strategic plans for the launch of its flagship private technology fund, to be called the Critical Infrastructure Opportunities Fund. The new fund will be launched under the Burleigh Ventures brand and ...

Super fund consolidation to accelerate: Mercer

ANDREW MCKEAN  |  THURSDAY, 20 MAR 2025
Australia's superannuation industry is poised for accelerated consolidation, with most existing funds set to disappear, according to a Mercer report. The report noted that during the 2023/24 financial year, the number of APRA-regulated super funds declined ...