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Showing 31 - 40 of 12135 results for "May"

Financial services failing to provide consistent outcomes: AFCA

MATTHEW WAI | FRIDAY, 22 MAY 2026

... vulnerability. In these circumstances, operational failures such as delays, administrative errors or rigid system processes may have amplified consequences where systems were not sufficiently responsive to individual circumstances." Based on the ombudsman's ...

Feature: Private credit | The fine print

RIDDHIMA TALWANI | FRIDAY, 22 MAY 2026

... lending arranged by the manager. And the $370 billion super fund doesn't like to mix its institutional money with funds that may have retail money in them, he adds. "That is at least an amber flag for us. Because we don't think that's in ...

Macquarie shareholders question its climate change commitment

RIDDHIMA TALWANI | THURSDAY, 21 MAY 2026

... climate-related opportunities are not expected to be material in the short-term. "Over the medium- to long-term, opportunities may emerge; however, these are contingent on a range of external factors, including investor demand and market conditions," ...

ASIC launches action against Equity Trustees for $65m First Guardian failures

ELIZA BAVIN | THURSDAY, 21 MAY 2026

... alleges that Equity Trustees allowed its members to invest 100% of their funds in First Guardian despite evidence it was or may have been illiquid. ASIC is also seeking compensation for members for losses resulting from the alleged failures by Equity ...

Emerging markets progress from consumption to innovation: Experts

KARREN VERGARA | WEDNESDAY, 20 MAY 2026

Emerging markets offer compelling opportunities beyond the booming middle class-consumption narrative, according to investment specialists, who said the asset class has other significant growth opportunities, such as innovation, despite political and ...

Investors thrust into rules of the 'jungle': Economist

KARREN VERGARA | WEDNESDAY, 20 MAY 2026

... its peers. Over the next 12 months, Mousina predicts the Reserve Bank of Australia will raise the base rate twice. At the May meeting, interest rates rose by 25bps to 4.35%. "That is going to put a handbrake on the economy. We think that growth here ...

Oil price shock to hit consumers 'relatively quickly': RBA

RIDDHIMA TALWANI | WEDNESDAY, 20 MAY 2026

... pricing, and the Iran conflict could lead to broader, more persistent supply disruptions, adding to inflation. "Cost pass-through may also be stronger than assumed, and higher fuel prices could lift and embed higher inflation expectations, which RBA ...

Future Fund makes two new appointments

ELIZA BAVIN | MONDAY, 18 MAY 2026

... appointed two new members of the Future Fund Board of Guardians for five-year terms. Fiona Trafford-Walker commenced her term on May 12, and Adam Tindall will also join following the conclusion of Deborah Ralston's term in September 2026. "These highly ...

ASIC flags disclosure flaws in first wave of mandatory climate reports

VINNY VUCAGO | MONDAY, 18 MAY 2026

... mandatory climate reporting obligations under Chapter 2M of the corporations Act and AASB S2 Climate related Disclosures. As of 6 May 2026, ASIC had received 259 sustainability reports tied to the December 2025 reporting period, including 34 from listed ...

Combating modern slavery difficult but not impossible: RIAA

KARREN VERGARA | MONDAY, 18 MAY 2026

... slavery: What advisers need to know workshop at the event, which will be held at the Melbourne Convention & Exhibition Centre on May 27-28. He is joined by Ethical Investment Advisers financial adviser Karen Macleod, U Ethical Investors stewardship manager ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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