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Showing 301 - 310 of 13464 results for "PROP"

Fiducian to pay $7.3m greenwashing fine

KARREN VERGARA  |  TUESDAY, 31 MAR 2026
Fiducian Group will pay $7.3 million for making false and misleading statements about the socially responsible and ethical nature of its Diversified Social Aspirations Fund (DSAF). Subsidiary Fiducian Investment Management Services (FIMS) entered into ...

TPB consults on AI usage rules

KARREN VERGARA  |  TUESDAY, 31 MAR 2026
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 The TPB has released draft guidance and is seeking feedback until April 21.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 ...

APRA launches 'advanced illiquidity premium' to capital framework reforms

KARREN VERGARA  |  TUESDAY, 31 MAR 2026
APRA has finalised its changes to longevity products' capital framework that will impact annuities and retirement income products, namely introducing the "advanced illiquidity premium" (AILP). After consulting with the industry, APRA released its ...

Hostplus weighs digital asset exposure for members

RIDDHIMA TALWANI  |  TUESDAY, 31 MAR 2026
Hostplus is considering allowing members using its Choiceplus platform to invest in digital assets. Through Choiceplus, members can tailor their super investments from an available set of options. Hostplus has confirmed that one such option that may ...

US private credit firm swoops in to save Star

ELIZA BAVIN  |  MONDAY, 30 MAR 2026
Star Entertainment has entered a binding commitment with US private credit fund WhiteHawk Capital Partners to refinance the group's debt. The agreement is for a three-year refinancing, covering existing obligations and providing additional liquidity ...

Superannuation advertising ban consultation launches

KARREN VERGARA  |  MONDAY, 30 MAR 2026
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 ...

Binance Australia to pay $10m over deliberate customer misclassifications

MATTHEW WAI  |  MONDAY, 30 MAR 2026
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 ...

Super funds must protect members, says Kirkland

MATTHEW WAI  |  FRIDAY, 27 MAR 2026
The detriment of Shield and First Guardian Master Funds undermines trust in the superannuation system, ASIC commissioner Alan Kirkland warned, saying trustees must revise their processes to avoid exploitation by super switching schemes. Speaking at ...

Macquarie 'preparing for all contingencies' as conflict continues

RIDDHIMA TALWANI  |  FRIDAY, 27 MAR 2026
Macquarie Group has said it is preparing for all contingencies when it comes to the Middle East conflict. Speaking at the Asia Pacific Financial and Innovation Symposium in Melbourne yesterday, Macquarie managing director and chief executive Shemara ...

Household wealth rises 2.5%

ELIZA BAVIN  |  FRIDAY, 27 MAR 2026
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 ...