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Showing 221 - 230 of 10669 results for "May 2"

Government to ask super funds to invest in defence infrastructure

JAMIE WILLIAMSON  |  FRIDAY, 6 FEB 2026
The federal government has endorsed a recommendation that the Department of Defence establish a dedicated division to deal with private investors to drive the delivery of infrastructure projects. The recommendation was made as part of a review of the ...

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 ...

Tax reform uncertainty to exacerbate property sell-offs: Survey

MATTHEW WAI  |  FRIDAY, 6 FEB 2026
More investors are looking to dump property holdings if the government continues to tamper with the capital gains tax (CGT), including the phasing out of negative gearing, an industry body says. According to Property Investment Professionals of Australia ...

Deadline approaches for Shield, First Guardian victims

MATTHEW WAI  |  FRIDAY, 6 FEB 2026
A new website is launching today to assist some 9000 victims who have yet to file a complaint in relation to the Shield and First Guardian Master Funds, as the deadline for some fast approaches. Funded by ASIC, the new website was launched by Super ...

BTC Markets names chief executive

ANGELIQUE MINAS  |  THURSDAY, 5 FEB 2026
BTC Markets has announced two senior leadership appointments, including Lucas Dobbins as chief executive and board director, and Paul Stonham as chief commercial officer. After more than seven years with BTC Markets, Dobbins leaves his position as chief ...

Petra Capital fined over misreporting of 15k trades

MATTHEW WAI  |  THURSDAY, 5 FEB 2026
... by identifying that the earlier system upgrade did not resolve the origin of order issue ASIC had initially raised, and it may "have occurred across a broad range of clients." Petra rectified the issue after the market closed the following day. The MDP ...

RBA lifts the cash rate for first time since 2023

ELIZA BAVIN  |  TUESDAY, 3 FEB 2026
The Reserve Bank of Australia (RBA) has lifted the official cash rate by 25 basis points to 3.85% at its board first meeting in 2026. The RBA had either cut or kept the cash rate on hold for the past 17 consecutive meetings. In announcing the decision ...

ASIC welcomes new chair

KARREN VERGARA  |  TUESDAY, 3 FEB 2026
The Treasurer has appointed a new chair to replace Joe Longo who will serve a period of five years starting on June 1. Sarah Court has been promoted to the top role after serving as deputy chair. Treasurer Jim Chlamer said the Albanese Government will ...

US economy 'really taking off': UniSuper

ELIZA BAVIN  |  TUESDAY, 3 FEB 2026
UniSuper head of fixed income David Colosimo said the US economy may be performing better than was expected despite ongoing inflation and geopolitical concerns. "If you look at the market-wide numbers, both Australia and the US were up between 1-2% ...

Australian managed funds up $35.9bn in 2025: Calastone

ANGELIQUE MINAS  |  TUESDAY, 3 FEB 2026
Data provided by Calastone revealed that Australian managed funds gained $35.9 billion in 2025. Amid geopolitical tensions and global trade uncertainties, investors prioritised stability through allocating to fixed income strategies last year, the research ...