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Showing 31 - 40 of 4150 results for "Action"

Adviser ban stretched to 2028 in ASIC deterrence win

RIDDHIMA TALWANI  |  WEDNESDAY, 13 MAY 2026
The Administrative Review Tribunal (ART) has prohibited Stephen Rogers from being registered as a financial adviser for another three years. Melbourne-based Stephen Rogers, a representative of United Global Capital, had been prohibited from registering ...

ASIC to receive $10m in FY27 to improve MIS supervision

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
The government will provide the market watchdog $10.3 million in the next financial year to enhance its ability to utilise data in its supervision of managed investment schemes. It comes as the government is providing $17.8 million over four years from ...

Budget doubles down on housing supply with $2bn infrastructure push

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
... capital boosting long term housing supply amid worsening affordability pressures. "[The government] is taking decisive action in the Budget to boost housing supply, make our tax system fairer to help more Australians into homeownership and build on our ...

Former Berndale director pleads guilty

VINNY VUCAGO  |  MONDAY, 4 MAY 2026
... conduct in financial services, and providing false or misleading information to the regulator. The charges follow earlier action taken by regulators, with both D'Amore and fellow former director Daniel Kirby accused in 2023 of misusing more than ...

SMC backs proposal to close family violence super loophole

VINNY VUCAGO  |  FRIDAY, 1 MAY 2026
The Super Members Council (SMC) has thrown its support behind proposed legal changes aimed at preventing perpetrators of domestic and family violence from accessing their victim's superannuation. Under existing super law, a family violence perpetrator ...

APRA warns super trustees over AI adoption

VINNY VUCAGO  |  THURSDAY, 30 APR 2026
... tools embedded in broader software platforms. APRA said its supervisory focus will intensify with potential enforcement action where entities fail to adequately manage AI related risks in line with their size and complexity. While no new potential standards ...

ASIC reviews AFSLs over finfluencer concerns

ELIZA BAVIN  |  FRIDAY, 24 APR 2026
... growing concerns about the influence of financial information online, particularly among younger Australians. ASIC said the action is intended to disrupt unlawful finfluencer online promotion before consumers suffer financial harm. The warning notices ...

Addressing modern slavery risks more critical than ever: RIAA

KARREN VERGARA  |  THURSDAY, 23 APR 2026
... address modern slavery risk in portfolios, particularly as new laws propose entities should identify and take reasonable action on such risks. Ahead of the annual conference in Melbourne next month, Ethical Investment Advisers financial adviser Karen ...

Government aims to 're-make' NDIS, redirect funding to aged care

MATTHEW WAI  |  THURSDAY, 23 APR 2026
... costs too much and is growing too fast, put alongside any comparable government program," Butler said. "And unless we take action to make it sustainable, it simply will not be there in the future for the Australians who need it most. "We can't afford ...

ASIC bans another former MWL adviser

ELIZA BAVIN  |  THURSDAY, 23 APR 2026
... investments in Shield. ASIC made interim stop orders on four product disclosure statements for Shield. In June 2024, ASIC took action to secure and preserve the assets held within Shield in hopes of paying investors back, at least in part.