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Showing 361 - 370 of 7360 results for "System"

RBNZ appoints Swedish central banker as governor

RIDDHIMA TALWANI  |  THURSDAY, 25 SEP 2025
The Reserve Bank of New Zealand has appointed Anna Breman as its new governor for a five-year term from 1 December 2025. Breman comes to the role after serving as the first deputy governor of the central bank of Sweden since September 2022. She has ...

Crypto providers to hold AFSL under proposed laws

MATTHEW WAI  |  THURSDAY, 25 SEP 2025
... accelerate product innovation, transforming crypto from a niche asset class into a fully regulated part of Australia's financial system." Meanwhile, BTC Markets said the proposed approach strikes a pragmatic balance between protection and progress. "BTC ...

Retirees should put 80% of balance into annuities: Grattan

RIDDHIMA TALWANI  |  THURSDAY, 25 SEP 2025
Grattan Institute has recommended changes to help simplify the superannuation system, including pushing for retirees to place 80% of their super balance into an annuity, possibly offered by the government itself. In its submission to the Treasury consultation ...

RBA says ASX has 'considerable work to do'

ELIZA BAVIN  |  THURSDAY, 25 SEP 2025
... critical national infrastructure. Resilient and secure CS facilities are crucial to the stability of the Australian financial system," RBA assistant governor (financial system) Brad Jones said. "We are expecting meaningful progress over the coming year ...

Macquarie to pay Shield victims in full

JAMIE WILLIAMSON  |  THURSDAY, 25 SEP 2025
... the other super funds to take similar action. "This intervention will help to restore confidence in the Australian super system and financial services more broadly." About $160 million of what was invested in Shield was done so via platforms tied to ...

SMC calls for simplified retirement system

ELIZA BAVIN  |  WEDNESDAY, 24 SEP 2025
Super Members Council (SMC) has urged Treasury to simplify the retirement system, saying it is too complex. The comments come as a response to Treasury's consultation paper on best practice principles. SMC said it broadly supports the intent of ...

MHC Digital partners to launch stablecoin platform

MATTHEW WAI  |  MONDAY, 22 SEP 2025
... licensed yen-backed token (JPYC), while in the US, the Genius Act continues to underscore stablecoins' role in the financial system, Carnegie noted. "Stablecoins are already the fastest-scaling asset class in financial history, and demand from exchanges ...

Concentration of private credit sector a concern: ASIC

JAMIE WILLIAMSON  |  MONDAY, 22 SEP 2025
ASIC has released the interim report from its review into the nation's $200 billion private credit market, which it says could pose a systemic risk to many investors if a downturn were to occur. The review has so far found that while most investors ...

Age Pension to increase on September 20

JAMIE WILLIAMSON  |  FRIDAY, 19 SEP 2025
... the Age Pension but said current tax settings for recipients are a disincentive to workforce participation. "The current system hasn't kept pace with this modern reality of retirement, and doesn't effectively support retirees who want to continue ...

APRA to hunt for new deputy chair

ELIZA BAVIN  |  FRIDAY, 19 SEP 2025
... she joined in 2021. "APRA has benefitted from successive appointments to the board with deep knowledge of the financial system. Margaret has also brought extensive experience across the private and public sector and in jurisdictions outside Australia. ...