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Showing 371 - 380 of 18691 results for "Act"

AMP profits fall as Alexis George prepares to step down

ELIZA BAVIN  |  THURSDAY, 12 FEB 2026
AMP's statutory net profit took a hit as a result of the settlement of legacy class actions and its continuing business simplification process, coming in at $133 million, down from $150 million in FY24. However, underlying net profit after tax (NPAT) ...

Madigan Capital chair retires, transfers shares to co-owner

MATTHEW WAI  |  THURSDAY, 12 FEB 2026
Real estate debt investment firm Madigan Capital has commenced a leadership succession strategy, coinciding with the transfer of shares to joint owner CC Real. Almost a year since he stepped down as chief executive, the current chair and founder Michael ...

ASIC inquiry an 'inflection' point for ASX: Lofthouse

MATTHEW WAI  |  THURSDAY, 12 FEB 2026
Although posting strong revenue growth in the six months to December end, the ASX's total expenses for FY26 are expected to balloon as a result of ASIC's inquiry over its governance, capability, risk management frameworks. ASX posted revenue growth ...

ASIC imposes licence conditions on Cambridge Mercantile

ANGELIQUE MINAS  |  THURSDAY, 12 FEB 2026
ASIC has imposed additional conditions on the Australian financial services licence (AFSL) of Cambridge Mercantile's local branch, following ongoing compliance failures in its foreign exchange derivatives business. The Corpay subsidiary misclassified ...

RBA veteran leads AOFM review

KARREN VERGARA  |  WEDNESDAY, 11 FEB 2026
A Reserve Bank of Australia (RBA) veteran has been appointed to lead an independent review into the Australian Office of Financial Management (AOFM). Treasury of the Secretary Jenny Wilkinson commissioned the independent review after it was requested ...

Alexander Funds' chief executive resigns

KARREN VERGARA  |  WEDNESDAY, 11 FEB 2026
... Carr joined last October as a business development associate, reporting to James Curnow, who is the regional manager for NSW, ACT and Queensland. In the newly created role, Carr supports the sales team led by Chris Inifer. Adding to the distribution ...

Acenda announces two C-suite appointments

MATTHEW WAI  |  WEDNESDAY, 11 FEB 2026
Acenda has expanded its executive team with the appointments of a chief growth officer and chief product officer. Current chief executive of individual business for Acenda, Gerard Kerr, was named chief growth officer, while Dean Mulheron will step into ...

CBA updates on class actions, governance review

ELIZA BAVIN  |  WEDNESDAY, 11 FEB 2026
... 2020 again CFSIL and the Colonial Mutual Life Assurance Society Limited (CMLA). The class action alleges that CFSIL did not act in the best interests of members when it took out group insurance policies from CMLA. CBA said in September 2025, the parties ...

JANA named implemented consultant for TasBuild

ANGELIQUE MINAS  |  WEDNESDAY, 11 FEB 2026
JANA Investment Advisers (JANA) has been appointed the implemented consultant for TasBuild. Leveraging JANA's specialist liability-aware consulting capabilities, actuarial expertise and asset-liability modelling, the firm will support TasBuild in investment ...

Helen Lofthouse to exit ASX in May

JAMIE WILLIAMSON  |  WEDNESDAY, 11 FEB 2026
ASX managing director and chief executive Helen Lofthouse will leave the bourse in May. Described as a planned departure, the exchange announced after the close yesterday that Lofthouse and the board agreed now was an appropriate time for a new chief ...