Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 2375 results for "Finding"

APRA funding levy rises to $253m

KARREN VERGARA  |  TUESDAY, 26 MAY 2026
APRA's funding levy will rise by 4.2% to $253.3 million for the 2027 financial year, Treasury estimates show, with superannuation funds expected to cover one third of this charge. Split across the sectors it regulates, APRA apportioned $81.2 million ...

Rodney Forrest re-sentenced for $3m insider trading

ELIZA BAVIN  |  MONDAY, 25 MAY 2026
... the Commonwealth the amount of $309,571.84. The court allowed the appeal on the grounds the sentencing judge erred in finding that Forrest's false denials when initially interviewed by ASIC affected the assessment of the objective seriousness of his ...

AFCA appoints lead superannuation ombudsman

VINNY VUCAGO  |  MONDAY, 25 MAY 2026
The Australian Financial Complaints Authority (AFCA) has appointed Paul Woodburn as its new lead ombudsman superannuation, succeeding Heather Gray, who had served as lead ombudsman superannuation since 2020. Woodburn commenced in the role on May 25 ...

ASIC backs Australia's fintech edge as AI reshapes financial services

VINNY VUCAGO  |  FRIDAY, 22 MAY 2026
The Australian Securities and Investments Commission (ASIC) believes Australia is well placed to capitalise on accelerating financial innovation, as artificial intelligence (AI), digital finance and regulatory technology become increasingly embed across ...

Financial services failing to provide consistent outcomes: AFCA

MATTHEW WAI  |  FRIDAY, 22 MAY 2026
Latest findings from the Australian Financial Complaints Authority (AFCA) show that despite frameworks existing for consumer hardship, weaknesses arise in how those policies were implemented in practice. The eighth edition of the Systemic Issues Insight ...

AustralianSuper hires head of AI

ELIZA BAVIN  |  WEDNESDAY, 20 MAY 2026
... experimentation into repeatable scaled outcomes," Backeberg said. "This means addressing how AI flows through the organisation, finding ways for humans and machines to collaborate at scale and making sure that governance is fit for purpose." Carney will ...

Buyer beware: Private credit as a defensive play

KARREN VERGARA  |  TUESDAY, 19 MAY 2026
Financial advisers grapple finding a meaningful place for private credit in portfolios as investment experts urge them to carefully consider the risks of making it part of the defensive allocation. The Stockbrokers and Investment Advisers Association ...

Tokenisation could inject $24bn annually: Project Acacia

MATTHEW WAI  |  TUESDAY, 19 MAY 2026
Project Acacia, the brainchild of the Reserve Bank of Australia (RBA) and Digital Finance Cooperative Research Centre (DFCRC) to explore a tokenised wholesale asset ecosystem in Australia, has completed its experimental and research phase, which has ...

Low fees a strong indicator of fund survivorship: Morningstar

RIDDHIMA TALWANI  |  FRIDAY, 15 MAY 2026
The latest research by Morningstar found lower fees played a major factor in a fund's chance of survival and outperformance compared to more expensive peers. "Across nearly all major categories examined in this study, the lowest fee quintile achieved ...

NZ Super 'accepts' court loss, updates policy

ELIZA BAVIN  |  THURSDAY, 14 MAY 2026
... and our investment policies are designed to ensure we achieve that objective," Billett said. "We accept Justice Mount's finding that it is important we not only adhere to and comply with our sustainable investment policies, but that the standards and ...