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Showing 21 - 30 of 13540 results for "PROP"

Developer jailed after $2.2m investment scam

VINNY VUCAGO  |  WEDNESDAY, 30 SEP 2026
A Queensland property developer has been sentenced to nine years in prison after pleading guilty to dishonestly applying more than $2.2 million in investor funds to his own use of that of others. Ian Omar Chester pleaded guilty in the Southport District ...

Woodbridge loans $100m for Brisbane residential development

RIDDHIMA TALWANI  |  TUESDAY, 29 SEP 2026
Woodbridge Capital has provided a new $100 million loan for a residential development in Brisbane, delivering 150 apartments close to the CBD. Woodbridge Capital head of investments Matthew Samuels said the deal shows the private credit manager's continued ...

Global X urges investment education as property values fall

RIDDHIMA TALWANI  |  MONDAY, 28 SEP 2026
The surge in Australian household wealth driven by superannuation and financial assets rather than property, builds the case for an urgent need for Australians to improve their investment knowledge, Global X said. Latest figures by the Australian Bureau ...

APRA moves to cut regulatory burden

VINNY VUCAGO  |  MONDAY, 28 SEP 2026
The Australian Prudential Regulation Authority (APRA) is seeking to reduce unnecessary regulatory burden while maintaining prudential standards designed to support productivity and long-term financial stability. The regulator has outlined its approach ...

RBA workers slam 'copy and paste' pay offer

VINNY VUCAGO  |  FRIDAY, 25 SEP 2026
Reserve Bank of Australia (RBA) workers have vowed to reject the central bank's pay offer for a second time after the Finance Sector Union (FSU) accused management of putting forward an unchanged proposal. The FSU said RBA staff had voted against a ...

Jobs data 'final nail in the coffin' for rate rise

ELIZA BAVIN  |  THURSDAY, 24 SEP 2026
The seasonally adjusted unemployment rate rose to 4.6% in August, according to the Australian Bureau of Statistics (ABS). "This month there was 39,000 more people in employment, and 28,000 more people in unemployment," ABS head of labour statistics ...

ASIC strengthens AI trading safeguards

RIDDHIMA TALWANI  |  THURSDAY, 24 SEP 2026
ASIC is strengthening safeguards for automated and AI-enabled trading. The regulator will also streamline requirements for securities and futures market participants under incoming changes to its Market Integrity Rules (MIRs). ASIC said the reforms ...

ACCC green lights I Squared takeover of oOh!media

RIDDHIMA TALWANI  |  THURSDAY, 24 SEP 2026
The competition commission of Australia has given the go-ahead for I Squared Capital to acquire ASX-listed oOh!media. The transaction still requires regulatory approvals from the Australian Foreign Investment Review Board (FIRB) and the NZ Overseas ...

Soul Patts records 'landmark' year after merger

MATTHEW WAI  |  THURSDAY, 24 SEP 2026
Washington H. Soul Pattinson (Soul Patts) saw its profit climb over 500% in the 12 months to July 31, as the ASX-listed manager continues to anticipate strong performance in the current financial year. Group statutory net profit after tax (NPAT) was ...

Treasury consults to improve data visibility into MISs

RIDDHIMA TALWANI  |  WEDNESDAY, 23 SEP 2026
Treasury has opened a consultation for managed investment schemes (MISs) to provide more data to help identify emerging risks earlier. The collapse of Shield and First Guardian highlighted gaps in regulators' visibility of the sector, which costed Australians ...