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Showing 281 - 290 of 5854 results for "July"

Licensee compliance head banned over fees for no service

MATTHEW WAI  |  WEDNESDAY, 9 JUL 2025
... controlling an entity that carries on a financial services business for three years, ASIC said. The banning took effect from July 3 and has been recorded on ASIC's banned and disqualified register. Lighthouse Partners was a corporate authorised representative ...

RBA delivers 'confounding' rates decision

ELIZA BAVIN  |  TUESDAY, 8 JUL 2025
The Reserve Bank of Australia (RBA) kept interest rates on hold at 3.85% at the July meeting, surprising many experts and the markets which were anticipating another cut. The RBA board confirmed that inflation has continued to moderate but ultimately ...

Adviser receives permanent ban over 'dishonest' conduct

MATTHEW WAI  |  TUESDAY, 8 JUL 2025
... with information about their investments. He was previously the subject of a travel restraint order, which was extended to 1 July 2025, and ASIC continues to investigate King and his actions. King has also been permanently banned from controlling or ...

Adviser exam pass rate drops once again

MATTHEW WAI  |  MONDAY, 7 JUL 2025
... previous session held on March 6. The next exam will be held on August 7. The booking period has commenced and will close on July 25. To date, 21,991 individual candidates have sat the exam, and 20,394 (92%) have passed.

RBA interest rate cut expected

ELIZA BAVIN  |  MONDAY, 7 JUL 2025
... us expect the RBA will cut the cash rate," Jerogin said. "Markets have consistently priced in ~90% chance of a rate cut in July with no push back from the RBA. "The cash rate remains in restrictive territory and another cut in July will bring the cash ...

ASFA publishes new service standards on claims handling

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
... takes effect immediately and ASFA encouraged all trustees to adopt the standard as soon as possible, and no later than 1 July 2026. ASFA said it led detailed collaboration and consultation with the superannuation sector on the new standard, involving ...

Payton Capital rebrands post-acquisition

MATTHEW WAI  |  WEDNESDAY, 2 JUL 2025
... Payton Capital has received a brand makeover following the acquisition by ASX-listed alternative asset manager HMC Capital in July 2024. Payton Capital is officially named as HMC Private Credit, in a move to bring the private credit brand in line with ...

Elanor Investors courts suitors for possible takeover

JAMIE WILLIAMSON  |  WEDNESDAY, 2 JUL 2025
... appropriately stabilised. Willis was the co-founder and chief executive of Moss Capital prior to its ASX listing as Elanor in July 2014. He left at the same time as chief operating officer Paul Siviour. At that time, non-executive director Tony Fehon ...

ASIC places travel restriction on First Guardian RE directors

ELIZA BAVIN  |  WEDNESDAY, 2 JUL 2025
... receiver and manager to the personal property of Selimaj. That application has been listed for a case management hearing on 22 July 2025. The fresh orders come after proceedings have been continuing since May 2024, when First Guardian suspended the processing ...

Local assets help deliver 12% for ART

KARREN VERGARA  |  WEDNESDAY, 2 JUL 2025
... frenzy, Fisher said one asset class that performed reasonably well was sovereign bonds. With the 90-day tariff pause ending on July 9, Fisher said the fallout might not be the same as the "shock and awe" from the initial announcements as the US moves ...