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Showing 21 - 30 of 4195 results for "Action"

Federal Court lifts Merhi's travel ban

KARREN VERGARA  |  MONDAY, 13 JUL 2026
... successfully obtained interim restraining orders. Merhi's assets have also been frozen since February 2025. ASIC recently took action on former Keystone Asset Management directors and compliance committee members who put Australians' superannuation at ...

ASIC cancels AFSL of Capital Guard over fake bond sale

ELIZA BAVIN  |  FRIDAY, 3 JUL 2026
... inconsistent with the fundamental obligations of AFS licensees to act efficiently, honestly and fairly," ASIC said. "ASIC's action reflects its ongoing focus on disrupting investment scams, particularly those exploiting trusted brands or purporting to ...

Treasury publishes final report into the ERS

ELIZA BAVIN  |  THURSDAY, 2 JUL 2026
... embracing new technologies takes "foresight and courage". "The need for understanding these new technologies and taking action to ensure they develop at pace but in a responsible way is more important than ever and getting it right will reap tremendous ...

Perpetual rejects $2.5bn takeover offer

ELIZA BAVIN  |  THURSDAY, 2 JUL 2026
... was not in the best interests of Perpetual shareholders," the board said. "Perpetual shareholders do not need to take any action in response to the indicative proposal. The company will keep shareholders updated in accordance with its continuous disclosure ...

ASIC pushes to bolster competitiveness

ELIZA BAVIN  |  TUESDAY, 30 JUN 2026
ASIC has brought together market and financial services leaders in a push to bolster competitiveness in Australia's capital markets. This comes after new research found Australia needs to move quickly or be left behind as other jurisdictions adopt financial ...

WA director admits investor deception

VINNY VUCAGO  |  TUESDAY, 30 JUN 2026
... targeting the misuse of investor funds and director misconduct, as the corporate regulator continues to emphasis enforcement action against individuals who abuse positions of trust within Australian companies.

Mercer Super fined $10.3m for reportable situations failures

KARREN VERGARA  |  MONDAY, 29 JUN 2026
... "potential to have a detrimental effect on members." ASIC has successfully held Mercer Super to account following its legal action launched last August. By its own admission, Mercer Super's failures fall into three categories. The first, Mercer Super's ...

ASIC calls out platform trustees: 'Clear breach of trust'

RIDDHIMA TALWANI  |  MONDAY, 29 JUN 2026
... additional licence conditions for weak, ill-defined and inconsistent investment option selection criteria. The most recent action was taken against the trustee for the HUB24 Super Fund, HTFS Nominees. ASIC commissioner Simone Constant said there was ...

CGT, negative gearing changes to become a law

RIDDHIMA TALWANI  |  FRIDAY, 26 JUN 2026
... market helped make housing unaffordable and coincided with decades of low productivity growth, he added. "We are taking action because doing nothing would have consigned another generation to that broken status quo and locked them out of the housing ...

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 ...