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Showing 211 - 220 of 14210 results for "Interest"

CBA updates on class actions, governance review

ELIZA BAVIN  |  WEDNESDAY, 11 FEB 2026
... Limited (AIL). The class action claims members invested in cash and deposit options provided by CBA received a lower interest rate than they could have received had CFSL/AIL offered similar products made available in the market by another bank. CBA said ...

ESSSuper welcomes new board chair

JAMIE WILLIAMSON  |  TUESDAY, 10 FEB 2026
ESSSuper has elected a new board president and chair following the end of a 10-year tenure by Joan Fitzpatrick. Fitzpatrick became president and chair in February 2016, with ESSSuper saying that since she "brought deep expertise and calm authority to ...

RBA gives bleak economic outlook

ELIZA BAVIN  |  TUESDAY, 10 FEB 2026
... assumed cash rate path beginning to weigh on private demand and GDP. "The forecasts are conditioned on the market path for interest rates, with market participants expecting the cash rate to increase by around 60 basis points; by contrast, the November ...

Treasury to reform managed investment scheme governance

KARREN VERGARA  |  TUESDAY, 10 FEB 2026
Treasury has opened another review into the $2 trillion managed investment scheme (MIS) sector off the back of the Shield Master Fund and First Guardian Master Fund collapses. This time, the Enhancing oversight and governance of managed investment schemes ...

Aged care advice needs regulatory intervention: Research

ANGELIQUE MINAS  |  TUESDAY, 10 FEB 2026
In a new report, The risk of unrelated aged care advice: protecting older Australians and ensuring quality advice paper, Aged Care Steps identifies key issues with how aged care advice is being provided in Australia, calling for reform. Older Australians ...

Macquarie sees 'substantially' higher profits

ELIZA BAVIN  |  TUESDAY, 10 FEB 2026
... partially offset by higher operating expenses. Looking ahead, Macquarie flagged global economic conditions, inflation and interest rates, significant volatility events and the geopolitical landscape may influence the short-term outlook. "We continue ...

Challenger-led consortium bids for Pepper Money

KARREN VERGARA  |  MONDAY, 9 FEB 2026
... jumping 24% from its closing price on Friday. "Under the proposed transaction, Pepper Group will initially acquire an interest in the acquiring entity that is at least equal to its current interest in Pepper Money," Challenger said. "An investment in ...

ASIC bans adviser who stole from super accounts

JAMIE WILLIAMSON  |  FRIDAY, 6 FEB 2026
David Valvo, the former financial adviser, amateur comedian and celebrity impersonator who was convicted on fraud charges last year, has been permanently banned by ASIC. Valvo was convicted last year of engaging in dishonest conduct after he stole $110,000 ...

RBA overlooked government spending in rate hike: Hearing

KARREN VERGARA  |  FRIDAY, 6 FEB 2026
... under fire for overlooking the role government spending, which recently peaked again, has played in driving inflation and interest rate decisions. The grilling came off the back of the Monetary Policy Board upping the cash rate target by 25 basis points ...

Future Group rejigs investment team

ELIZABETH FRY  |  THURSDAY, 5 FEB 2026
... overhaul, the group has added former chief investment officer Thadeus McCrindle to its investment team, deepening its fixed interest bench. McCrindle returns to active portfolio management after serving as head of investments, superannuation, at Betashares. ...