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Showing 31 - 40 of 817 results for "fraud"

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

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
... Meanwhile, the government will also provide $86.3 million over four years from July 1 to deliver Phase 2 of the Counter Fraud Strategy, which includes a focus on live monitoring for "high-risk" super changes. The funding for the strategy will also extend ...

Government plans 'standardised' assessment for NDIS

RIDDHIMA TALWANI  |  TUESDAY, 12 MAY 2026
... original intent by delivering quality services, clarifying eligibility requirements, slow rapid cost increases and address fraud. The changes are expected to reduce growth in NDIS payments by $37.8 billion over the next four years. "The government will ...

ASFA chair to step down after four years

JAMIE WILLIAMSON  |  TUESDAY, 5 MAY 2026
... the development of the SC3 Framework, a sector-driven initiative coordinated by ASFA to build resilience to cyber threats, fraud and scams by sharing threat intelligence across the industry." "I am very appreciative of the assistance, collective wisdom ...

Treasury proposes lead generator, super switching reforms

KARREN VERGARA  |  WEDNESDAY, 8 APR 2026
... compensate members for eligible losses incurred on their platform. It defines losses as "financial losses arising from external fraud or theft that result in the collapse of an investment product and would exclude losses attributable to ordinary investment ...

FEATURE | Regulation: Picking up the pieces

KARREN VERGARA  |  TUESDAY, 24 MAR 2026
When Melinda Kee was sick with COVID-19, she took respite for one week. Kee saw it as an opportunity to tick off some personal administration she'd been meaning to get to, such as changing her pet and health insurance, and electricity and gas providers. ...

Governance issues on the rise: ASIC

ELIZA BAVIN  |  WEDNESDAY, 25 FEB 2026
... records, insolvency matters and shareholder issues. Corporate governance matters accounted for 40% of the issues, including fraud allegations, corporate governance issues, registered liquidator conduct, insolvency matters, shareholder issues, reporting ...

SMSFs need to stay ahead of the regulatory curve: Nowinfinity

MATTHEW WAI  |  FRIDAY, 20 FEB 2026
... suggested to "slow down" the SMSF establishment process to undergo a more detailed identity check to avoid any potential fraud and identity theft activities and urged better communication with staff and clients to improve different aspects of operation. ...

ASIC bans adviser who stole from super accounts

JAMIE WILLIAMSON  |  FRIDAY, 6 FEB 2026
David Valvo, the former financial adviser, amateur comedian and celebrity impersonator who was convicted on fraud charges last year, has been permanently banned by ASIC. Valvo was convicted last year of engaging in dishonest conduct after he stole $110,000 ...

Super trustees told to up fraud protection game

MATTHEW WAI  |  WEDNESDAY, 4 FEB 2026
ASIC is urging super trustees to strengthen their anti-scam and fraud practices after a review found "significant" gaps in communications to members. Following an assessment of scams and fraud-related website content across 47 super funds, benchmarking ...

Aussie Olympian's brother pleads guilty for role in global scam

ELIZA BAVIN  |  WEDNESDAY, 28 JAN 2026
... said. "While Mormarkets' bank accounts were in operation, Gunn was repeatedly notified of suspicious activity or reports of fraud, with the accounts progressively closed." The financial regulator said that upon the closure of two Mormarkets bank accounts ...