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Showing 11 - 20 of 2436 results for "NEC"

KPMG details action plan to address whistleblower probe

RIDDHIMA TALWANI  |  WEDNESDAY, 24 JUN 2026
KPMG has detailed a governance overhaul and action plan to address integrity issues across the firm after it admitted its treatment of a whistleblower and investigation into their allegations fell short. In effect to this, KPMG national chair Martin ...

ASIC moves to preserve derivatives and securities relief framework

VINNY VUCAGO  |  MONDAY, 22 JUN 2026
ASIC is seeking industry feedback on plans to remake four legislative instruments covering exchange-traded derivatives, securities transfers and securities lending arrangements, ahead of their scheduled sunset later this year. The regulator said the ...

RBA on hold, rate cuts expected

ELIZA BAVIN  |  WEDNESDAY, 17 JUN 2026
The Reserve Bank of Australia (RBA) kept interest rates on hold at 4.35% at its June meeting, in line with market expectations. "Following the three increases in the cash rate target since the beginning of the year, financial conditions are now tighter ...

ASIC moves to strengthen defences against financial scams

VINNY VUCAGO  |  WEDNESDAY, 17 JUN 2026
The Australian Securities and Investment Commission (ASIC) has launched a new initiative aimed at helping consumers identify legitimate financial services websites and reducing the growing threat of imposter scams across the sector. ASIC is now collecting ...

Productivity growth is 'going from bad to worse': PC

ELIZA BAVIN  |  FRIDAY, 12 JUN 2026
The latest quarterly productivity review released by the Productivity Commission (PC) found growth in hours worked remains strong (0.9% increase over the quarter, 2.2% increase over the year). "The accounting is straightforward: the value of goods and ...

Banks gaining on private credit firms in construction lending

RIDDHIMA TALWANI  |  WEDNESDAY, 10 JUN 2026
A recent survey by Stamford Capital found major banks are returning to construction lending compared to 2023 when most banks chose to sit on the sidelines. Throughout March and April 2026, the advisory firm conducted an online survey of 110 lenders ...

Australian Unity to shed 195 roles

MATTHEW WAI  |  FRIDAY, 5 JUN 2026
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. "Australian Unity is progressing a strategic review ...

KPMG chief resigns after firm admits whistleblower probe fell short

RIDDHIMA TALWANI  |  MONDAY, 1 JUN 2026
KPMG Australia has admitted its treatment of a whistleblower and investigation into their allegations fell short of the firm's expectations, those of the whistleblower and the broader community. The whistleblower had raised two matters on client documents ...

APRA slaps additional licence conditions on HTFS Nominees

KARREN VERGARA  |  FRIDAY, 29 MAY 2026
APRA hit Equity Trustees' subsidiary and the trustee for the HUB24 Super Fund, HTFS Nominees, with additional licence conditions. The new licence conditions centre on HTFS Nominees' weak, ill-defined and inconsistent investment option selection ...

ASIC moves to extend managed investment scheme relief measures

VINNY VUCAGO  |  THURSDAY, 28 MAY 2026
The Australian Securities and Investments Commission (ASIC) has moved to extend relief measures applying to a range of managed investment schemes, proposing to remake six legislative instruments due to expire later this year. Under the proposal, the ...