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| | | Merchant Australia, a subsidiary of Merchant Investment Management (MIM), has welcomed two executives to focus on its growth domestically, with both joining chief operating officer and principal Rebecca Wells. Jamie Melville has joined as managing director ... |
| | | | Cbus has appointed Amanda Hagan as its chief technology officer, having not had one since 2024. Cbus said Hagan brings decades of executive leadership experience across healthcare, energy and financial services, with a keen focus on technology development ... |
| | | | Industry bodies have raised concerns over the drafted Division 296 regulations, warning the current design could create unnecessary complexity, higher compliance costs and unfair outcomes. The bill passed the Parliament last month, and was followed ... |
| | | | ... Miller also sees ASX-listed Block as a firm unlocking AI efficiencies by automating workflows across engineering, customer service and operations. Block recently reduced its workforce by 40%, swapping human employees for AI. However, even with the punchy ... |
| | | | ASIC has banned another MWL financial adviser David Lofthouse for three years for advising clients to invest at least 75% of their superannuation savings into the High Growth or Growth class of the Shield Master Fund. ASIC said Lofthouse gave six clients ... |
| | | | Coinbase Australia, a subsidiary of Coinbase Global, has been granted an Australian financial services licence (AFSL), as the crypto exchange looks to expand into traditional financial products leveraging digital asset infrastructure. Shortly after ... |
| | | | ... services. The government, therefore, wants feedback on prescribing certain lead generation activities as a type of financial service, where those activities influence consumer decision making in relation to financial products or services. Ultimately ... |
| | | | Treasury has opened its long-awaited consultation on the sustainability of the Compensation Scheme of Last Resort (CSLR) and the best way for the industry to fund it. Minister for financial services Daniel Mulino is seeking options on how the CSLR can ... |
| | | | ... funding by about $3.4 billion and return $300 million to its shareholders. BOQ said it will use the money to originate and service equipment finance facilities, while underlying direct credit risk exposure will be held by Challenger for facilities originated ... |
| | | | ... provider. The hybrid notes will have a non-call period of five years and a maturity of 100 years. The Data Centre-as-a-Service provider intends to continue pursuing subordinated notes issue in the Australian wholesale debt market to strengthen its long-term ... |
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