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| | | The Tax Practitioners Board (TPB) has proposed new artificial intelligence (AI) usage rules for tax practitioners while providing tax agent services. The TPB has released draft guidance and is seeking feedback until April 21. Some of the core obligations ... |
| | | | Australians missed out on up to $13.5 billion in tax-free investment returns between 2017 and 2025 by not transitioning their super to the retirement phase when they became eligible, HESTA said. HESTA's latest whitepaper Make the move: guiding members ... |
| | | | The long-term drivers of return come down to dividend yield and earnings growth over time, according to Auscap Asset Management chief investment officer Tim Carleton. Speaking at the recent Financial Standard Advisers Big Day Out (ABDO) in Sydney, Carleton ... |
| | | | Treasury has begun consulting on banning the advertising of superannuation products when onboarding employees, releasing its draft regulations. When hiring new staff, Treasury is proposing that employers only show three types of superannuation products ... |
| | | | The Federal Court has ordered Oztures Trading, known as Binance Australia Derivatives, to pay $10 million after it was found to have misclassified more than 85%, or 524, of its retail clients between July 2022 and April 2023. ASIC commenced legal proceedings ... |
| | | | Akambo is expanding its scope, launching an asset consulting business and appointing a former Olympian to a senior role. Akambo has launched Vertex Investment Services, which partners with advice businesses to strengthen investment governance, portfolio ... |
| | | | US alternative asset manager Blue Owl Capital, with over US$307 billion in assets under management, is not seeing any increase in defaults in its loans amid rising concerns over the health of the country's private credit sector. Speaking at the Asia ... |
| | | | Total household wealth rose by 2.5%, or $453.7 billion, in the December quarter 2025, according to the Australian Bureau of Statistics (ABS). The main reason for the rise was driven by increased property values the value of residential land and dwellings ... |
| | | | Most chief investment officers of global insurers believe the US will fall into a recession within the next three years, largely driven by current geopolitical turmoils, a new survey from Goldman Sachs Asset Management reveals. More professional investors ... |
| | | | Western Australia's largest public sector super fund is searching for a new chief executive following the departure of its long-serving leader. Ben Palmer, a former investment manager with GESB, will be replaced by investment chief Paul Taylor on ... |
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